Development Surveyor

Guy's & St Thomas' Foundation

Location London, SE1. Hybrid working
Salary £45k to £55k pa plus benefits
Team Property
  • Closing: 9:00am, 11th Jul 2022 BST

Job Description

  Vacancy:  Development Surveyors x 2

Overview

We are seeking to recruit two Development Surveyors to join our Property Team. This is an exciting opportunity for individuals to join a client-side team driving investment returns and charitable and social benefit for one of the UK’s largest place-based health endowments with just over £1 billion of assets.

Our management of the Endowment is both strategic and hands-on and thus represents an exceptional learning and development opportunity. 40% of our assets are invested in property around Guy’s and St Thomas’ hospital campuses where we are progressing an ambitious redevelopment programme. 60% of our assets are invested in a multi-manager, multi-asset class financial portfolio through a dynamic partnership with Partners Capital, a leading investment adviser. We have a long-term approach to investment strategy and seek the best investment managers in the world.

We aim to be at the cutting edge of how foundations operate across all our activities, both charitable and investment related, and we particularly wish to focus on developing places, buildings and schemes that deliver across a number of priorities including our direct charitable priorities, health and well-being more generally, the communities in which they sit and climate change. This role will have an important input into shaping that future for the Foundation and enhancing the Endowment.

The Property Developments

The Foundation is currently progressing a number of major development projects including: -

Royal Street: A 5-acre site at Westminster Bridge, where the Foundation has contracted with a joint venture partner, Stanhope plc and The Baupost Group, to develop a mixed use scheme of in excess of 2.0 m sq ft gross aimed at the Life Sciences market. We applied for planning permission on this scheme on 31 March 2022.

London Bridge: Where we have just identified Oxford Properties/Reef Group as our preferred Development Partner to deliver Phase 1, being c 350,000 sq ft gross of mixed-use space also aimed at the Life Sciences market. This is the enabling project to develop out a further c 1 to 2 million sq ft thereafter.

Cambridge: Where we have achieved planning permission for a 200-unit residential scheme on the first phase of this development and have this under offer to a residential developer. There are a further 70 acres to develop.

Maple Cross: Where the Foundation is progressing the master planning and promotion of c 150 acres of green belt for residential development of c 1500 units.

 In addition to these major developments the Foundation has a number of smaller development projects, both in and outside of London, plus key strategic challenges in shaping the property portfolio over the next 10 years.

Our development plans are highly ambitious and are likely to involve a complex series of large transactions involving development partners, other external funding sources, teams of outsourced experts and our partners (Guy’s and St Thomas’ NHS Foundation Trust and King’s College London).

The Development Surveyors will be required to work collaboratively with a wide range of stakeholders acting as an ambassador for the Foundation at all times, specifically promoting the Foundation’s priorities. Excellent communication skills – both written and oral - are required as are high levels of awareness to reputational risk and political challenges.

Whilst the developments are being progressed the existing properties will need to be pro-actively asset managed. The Development Surveyors will support the team in ensuring that the property portfolio is delivering its financial target returns as well as promoting the Foundation’s priorities, notably its property objectives of promoting health and well-being, community inclusivity and climate change and sustainability.

The Foundation pro-actively manages the existing property portfolio via a small number of specialists managing agents. The Development Surveyors will need excellent organisational skills to ensure that the agents deliver the Foundation’s objectives to the highest standards.

The Foundation is creating an ESG strategy for the property portfolio which the Development/ESG Surveyor is leading on. Once the strategy is in place, implementation and action will be required by the property team to achieve the net zero and other targets. The Foundation would like to be ambitious but not unrealistic with their targets and would like to lead in this arena. Careful thought needs to be given to this, requiring working with a number of internal teams and external advisors/stakeholders.

These are very exciting positions for ambitious and motivated self-starters who have the ability and drive to meet a wide range of property challenges and wish to gain experience of a high value multi asset property portfolio.

 About us

At Guy’s & St Thomas’ Foundation, our mission is clear – to build the foundations of a healthier society.

 As part of our team, you will work alongside talented people from a mix of personal and professional backgrounds. We are a Living Wage employer and support flexible working, part-time roles and job shares. Though our ambitions are serious, this is a friendly place to work with lots of opportunities to meet and socialise with colleagues. We believe there is immense power in diversity and aim to recruit and nurture talent who think and act differently.

 There is more information about working with us on our website, where you can read about:

•      how we approach recruitment

•      our team, culture and values

•      the benefits of working with us

•      and our approach to diversity, equity & inclusion, health & wellbeing, and learning & development

Job description

The opportunity

Job title:

Development Surveyors x 2

Salary:

£45 k to £55 k pa plus benefits

Contract type:

Permanent

Closing date:

11th July (9am)

Interview dates:

1st round interviews w/c 25th July

2nd round interviews w/c 1st August

Reporting to:

 Project Director and Development/ESG Surveyor

The team:

 In order to progress our ambitious redevelopment programme and support the Foundation’s priorities, we are seeking to enhance the property team by recruiting 2 Development Surveyors to join the current Property Director, Project Director (and Development/ESG Surveyor.

 The Property Director leads the team and is responsible for the whole of the property portfolio reporting to the Chief Executive and to the Chief Investment Officer.

 The Project Director and Development/ESG Surveyor report to the Property Director. They are responsible for progressing specific development projects, for asset managing existing properties and managing the specialist managing agents who undertake the day to day management of the Foundation’s property portfolio.

 The Development Surveyors will report to, and primarily support, the Project Director and the Development/ESG Surveyor. The Development Surveyors will also support the Property Director and Chief Investment Officer, will work collaboratively with the other team members, and will support the rest of the Foundation’s team.

The Endowment will shortly recruit a Business Manager to support the team on administrative matters.

Key responsibilities:

 The Development Surveyors will work with the Property Director, Project Director and Development /ESG Surveyor, senior executives, wider teams within the Foundation, stakeholders and expert external consultants to:

 Drive the master planning and strategic development of the Foundation’s sites

Progress the property’s ESG strategy and the wider organisational net zero ambition.

 Assess the development potential and feasibility of the Foundation’s sites to cover planning, site capacity, uses and value - liaising with/instructing external consultants as and when appropriate

 Work with other members of the property team and on their own projects, from the earliest stages through to completion

 Provide in-house market knowledge on property matters

 Negotiate with stakeholders, development partners and financial institutions on development projects

 Undertake appraisals of potential acquisitions / disposals and developments for the Foundation and progress as appropriate

 Proactively asset manage the existing property portfolios

 Work with other members of the property team on the in-house management of the portfolio – for example in the end of year Red Book Valuations, annual budget and insurance renewal

 Work with Foundation colleagues to deliver the Foundation’s financial and mission related goals, including implementing the ESG strategy once in place

 Fully engage with and participate in Staff Training, Away Days, and relevant team meetings.

 Person Specification

What we’re looking for

Experience:

 Qualification:

 Skills, Abilities and Attributes:

 Values:

Minimum 2 to 3 years’ experience in a property/asset management/development environment (desirable)

Experience of financial modelling

Experience of asset management and development across use sectors, notably commercial, residential and student.

Preferably RICS qualified but other relevant qualifications considered

Appreciation of and passion for the Foundation’s mission particularly health and well-being, sustainability and climate change and the understanding of the importance of communities

 Excellent analytical and numerical skills

 Excellent political and reputational risk ‘antennae’

 Strong communication and interpersonal skills including negotiating, networking,  managing and presentation – they will be an outward facing ‘Ambassador’ for the Foundation

 Effective written communication, report writing ability and presentation skills

 An interest in legal matters, policies and procedures

 The ability to carry out development appraisals thoroughly and convincingly, especially financial viability

 Outstanding commercial awareness and acumen and understanding of the property asset management and development sectors

A creative and innovative approach with an aptitude for problem solving

Ability to work under own initiative, be a self-starter and to deliver

 Ability to deliver to the highest quality

Ability to think decisions though in a rational and strategic way based on Foundation’s objectives

Enjoy working with a small high performing delivery focussed successful team who love their work, support each other and have fun

 Delivery minded – is willing to get stuck in, work at pace and take ownership for results

Enterprising – looks at things from different angles, with willingness to experiment and test

Collaborative and a team player – excellent communication and negotiating skills and ability to successfully work with a wide range of stakeholders internally and externally

Flexibility and adaptability – ability to successfully address very differing development complexities and challenges of a large eclectic property portfolio across a wide use and value range

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Removing bias from the hiring process

Applications closed Mon 11th Jul 2022

x

Removing bias from the hiring process

  • Your application will be anonymously reviewed by our hiring team to ensure fairness
  • You’ll need a CV/résumé, but it’ll only be considered if you score well on the anonymous review

Applications closed Mon 11th Jul 2022