University of Reading - Property Director

JOB DESCRIPTION

Main duties and responsibilities • To provide strategic oversight and leadership of the investment property and land portfolio, to complement particularly the work of the Estates and Commercial teams • Representing University client-side interests on lettings and commercial and lease dealings with third parties. This can be complex in a University setting. • Directing consultant commercial and residential negotiating agents and support services to optimise financial returns and mitigate risk, whilst ensuring the University’s corporate and reputation and sensitive objectives are fully met. • Providing in–house RICS professional property expertise where the University values, manages and occasionally transacts property. Provide strategic valuation and property advice to the University relating to transaction both into and out of the Estate and capital investment into investment property assets, to include carrying out investment and financial appraisals to demonstrate suitable levels of financial returns and value for money. To be carried out in accordance with the requisite RICS Guidance Notes and Practice Standards • Oversight of planned and reactive maintenance and FM of the leased element of the estate, to budget, and to keep the standard of properties compliant with regulations and in good condition. • Lead on the annual balance sheet valuations, undertaken in accordance with a RICS ‘red- book’ approach, and support our Finance Department on its annual Audit with regard to property assets. • Oversight of the Property Services Department’s work on the university’s insurance valuations and business rates matters.

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