University of Reading - Property Director

JOB DESCRIPTION

Purpose The majority of the university’s investment estate is linked to the University’s three main campuses and farm operations; tenants are often collaborating organisations who work closely with our education function; however, whose commercial interests are distinct therefore needing tenant and lease management to defend the university’s risk and further its financial interests. The University has a business campus, Thames Valley Science Park and it is envisaged that its’ scope will continue to expand and increase with the formation of a separate entity. The operational running of this site is included in the portfolio of this role currently, and involvement with this expanding project may change as the project matures.

The Property Services Department manages over 350 lettings, from large to small, including houses, HMOs, offices, laboratories, retail, industrial open storage, farmland lettings and telecoms towers amongst other uses. The annual maintenance budget reflects approximately £1.8m per annum across the investment estate and the rent collected by the department is up to £5m per annum. The Director needs to be confident working within a complex organisation, and able to communicate property matters clearly and diplomatically to a variety of stakeholders. Commercial acumen, professional RICS expertise together with a headline understanding of the importance with Health and Safety and statutory regulations is required. Ability to provide high quality verbal and written reports and performance updates, often to tight deadlines, is also essential to this role.

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