Job Description (2)
Duties and Responsibilities (Real Estate) These include but are not restricted to the following:
• Work in close collaboration with AD Accommodation, Catering and Retail and Director of Estates in advising on real estate aspects relating to property contractual commitments for existing and proposed halls of residence by freehold, lease, nominations or other special purpose vehicles. This includes providing market knowledge of the sector, development opportunities, funding arrangements, planning and legal considerations, tax and accountancy treatments. Deliver a strategy for optimum halls provision to meet projected demands at affordable levels.
• Strategically plan disposals of properties that become available due to College re-locations.
• Work in close collaboration with Programme Director (Major Capital Projects), Director of Estates and Business Support Accountant and others in establishing strategy and aligning with the University financial parameters.
• Manage site valuation enhancements to maximise returns on disposals including master planning, development appraisals, legal and technical aspects
• Manage negotiations on property acquisition, proposals from developers, own developments, freehold of existing buildings and rental including all legal and technical aspects. These may be academic, University Services or accommodation facilities.
• Manage rent reviews, break clause negotiations, lease renewals and dilapidation negotiations on rental properties and relationships with landlords.
• Manage licenses, short term lets etc.
• Manage Rates valuations and payments and service charges
• Advise the Director of Estates on market forces and implications on rents, values etc.
General
• To perform such duties consistent with your role as may from time to time be assigned to you anywhere within the University
• To undertake health and safety duties and responsibilities appropriate to the role
• To work in accordance with the University’s Equal Opportunities Policy and the Staff Charter, promoting equality and diversity in your work
• To undertake continuous personal and professional development, and to support it for any staff you manage through effective use of the University’s Planning, Review and Appraisal scheme and staff development opportunities
• To make full use of all information and communication technologies in adherence to data protection policies to meet the requirements of the role and to promote organisational effectiveness
• To conduct all financial matters associated with the role in accordance with the University’s policies and procedures, as laid down in the Financial Regulations
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