Principal Investment Surveyor x2
Principal Investment Surveyor x2
- Investment Portfolio (Acquisition and Portfolio)
- Investment Portfolio (Directly Managed and Re-Gears)
The Council holds an established property investment portfolio principally comprising industrial, office and retail assets valued at c. £300m and which produces an annual rental income in excess of £17m. The portfolio comprises approximately 300 ground leased and directly managed assets including The Malls shopping Centre. Rental income is a major contributor to the financial sustainability of the Council and the income received significantly exceeds that generated through the collection of Council Tax. The Property team agreed a new investment strategy in 2017, committing a further £30m to the acquisition of new investment properties to grow income. Through lease re-gearing, acquisition of head leasehold interests of properties owned by the Council and disposal of underperforming investments, the new strategy will improve asset performance to provide a long term, secure source of income. Two exciting opportunities have now arisen to join the Council’s Property team as a Principal Investment Surveyor, specialising in acquisitions and disposals or directly managed properties and re-gears.
As our Principal Investment Surveyor for directly managed properties and re-gears (including ground leases), you will enjoy all the freedom and responsibility you need to effectively manage routine and complex work, getting involved with and taking the lead on projects that grow and develop our portfolio. With excellent experience of the property market and a track record of successfully managing a commercial investment portfolio, you’re ready to bring your skills and experience to work in a dynamic and rewarding environment. You’ll be leading the way as you ensure property management and valuation work is carried out to industry best practice standards. Day-to-day, you could be managing agents, leading lease re-gearing opportunities, dealing with complex issues and managing the work of a Property Surveyor. While you’ll also relish the opportunity to get involved in complex projects and working collaboratively with colleagues, advisors and consultants.
As our Principal Investment Surveyor for acquisition, disposal and review, you will manage routine and complex work, contributing to the successful management of our commercial investment portfolio. Effective management of our property portfolio is essential to our continued success and effectiveness for the people of the borough. That begins with reviewing our portfolio, producing individual asset plans and leading on acquisitions and disposals. You’ll also relish the challenge of dealing with significant opportunities and valuing and disposing of retail, office and industrial assets via disposal and development vehicles. You will also have a clear understanding of the commercial property market, and have worked as part of a project or programme management team, being a confident communicator with great people skills and a creative, flexible approach.
Both are responsible, rewarding roles. And, as a RICS certified property professional with considerable relevant experience, one you’ll relish. Whatever your mix of degree, considerable experience or professional qualifications, you can also demonstrate on-going professional development.
You will be joining a bold and innovative organisation that has big ambitions – for the borough and for our staff. We do things differently here. We go beyond expectations to nurture and develop our communities and our colleagues as we shape an exciting future for Basingstoke and Deane. As one of the most financially resilient local authorities, we can also offer an exceptional future within this thriving borough. While London is in easy reach by road or rail, the picturesque South Downs National Park and the North Wessex Downs are both close at hand, as well as North Hampshire’s many historic villages.
You can look forward to real quality of life, particularly since we offer a very flexible approach to working hours. There’s also an excellent range of benefits including discounts at national and local retailers, free on-site parking, salary sacrifice scheme for lease cars, healthcare cash plan, childcare vouchers, pension scheme, generous leave entitlement and more.
Interviews to be held week commending Monday 06 August.
Second interviews will take place during the week commencing Monday 13 August.
The council signs up to the Disability Confident scheme (formerly known as the ‘Two Ticks’ scheme). If you have declared a disability on the application form we can guarantee you an interview if you meet the essential criteria for the job.
For further information on the roles and how to apply, please visit our jobs page at jobs.basingstoke.gov.uk