Senior Development Manager, UK at Realty Income Corporation
London, England, United Kingdom -
Full Time


Start Date

Immediate

Expiry Date

22 Nov, 25

Salary

0.0

Posted On

23 Aug, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Good communication skills

Industry

Real Estate/Mortgage

Description

POSITION OVERVIEW:

The Senior Development Manager (SDM) will support the Development Director (DD) with the successful delivery of projects across a wide-ranging £10bn+ International portfolio, including retail & industrial projects. The Senior Development Manager will be responsible for appointing the design team, securing planning permissions, and procuring and delivering projects from start to finish. The Senior Development Manager has a highly collaborative role with multiple touchpoints daily with departments across Realty Income and with many external clients, advisors, and stakeholders. This role supports the Development Director in the growth of a new capability within an established and rapidly growing business.

OUR MISSION & VALUES

For more than 50 years, Realty Income has been guided by our mission to invest in people and places to deliver dependable monthly dividends that increase over time. We do this by nurturing long-term, meaningful relationships that enable people to achieve a better financial outlook. We understand that when individuals succeed financially, they are able to provide for their families, support local businesses and pursue their greatest ambitions, creating a lasting positive impact on communities.
Realty Income is committed to diversity and inclusion and welcomes all applicants regardless of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation or educational background.
Realty Income is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. If you require accessibility support to submit your application or other reasonable accommodations to participate in the recruitment process, please contact talent@realtyincome.com , or call 800-375-6700. An employee will respond to your message to begin the interactive process. Please note that this phone number and email address are only for individuals seeking a disability accommodation when applying for a job

How To Apply:

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Responsibilities

KEY RESPONSIBILITIES:

  • Coordinate a proportion of the development pipeline across the international portfolio and is responsible for delivering all capital expenditure initiatives determined by the DD and relevant Asset Managers including ground up developments, amalgamations, upsizes, downsizes, and maintenance, with regular reporting to the Development Director on progress, commercial performance, key risks, and issues.
  • Collaborate with the US Construction and Procurement Team on all CapEx projects (including maintenance) regarding internal procedures, reporting, drawdowns, etc…
  • Collaborate with the Property Management Team on maintenance and CapEx initiatives across the portfolio.
  • Manage all pre-contract activities in the development process, including leading the planning application and procurement processes.
  • Support the Development Director in all CDM, Health & Safety, and statutory regulatory approval processes for all international construction activities, including appointment of consultants where required.
  • Agree with the Development Director on the appointment of consultant project teams and manage coordination across the international portfolio on all allocated projects.
  • Ensure all allocated projects are procured using the most appropriate forms of construction contract and procurement methodology to ensure the most efficient commercial delivery across the portfolio.
  • The Senior Development Manager is required to visit assets regularly across the UK and Ireland.
  • Act collaboratively with the Asset Management Team on development feasibility opportunities.
  • Provide input into development appraisals, acquisitions, and other repositioning strategies for the asset management and investment teams.
  • Develop client briefs on construction projects across the portfolio and ensure that all works are delivered to agreed project outcomes.
  • Maintain and manage reporting processes across the portfolio and multiple consultant teams.Assist the Development Director in reviewing, approving, and processing project invoices alongside the finance team.

  • Collaboration & Relationships :

MUST HAVE FOR THE ROLE:

  • Suitable commercial retail real estate -related experience gained at an established landlord or development consult ancy ; with e xtensive retail development experience (including extensions, amalgamations, downsizes, facade replacements), refurbishment, new development projects, and asset repositioning projects.
  • Experience in leading consultant and project teams on multiple projects & programmes at any one time.
  • Either consultancy or client organisation experience for delivery of capital projects across the UK and Europe.
  • Must have substantial knowledge of the JCT & SBC forms of contract and be able to guide & advise on contract selection and implement suitable contract amendments.
  • Experienced in the negotiation of legal planning agreements.
  • Experience in reviewing and critiquing an agreement for leases, technical negotiations, and development of landlord shell specifications.
  • Chartered Surveyor (MRICS) qualified .
  • Solid analytical, problem-solving, and financial analysis and IT skills (Inc. Excel and Word ).
  • Excellent professional communication skills both verbal and written, a b le to establish and maintain effective working relationships .Exceptional problem-solving s kills , with the a bility to effectively identify issues, research and analyse complicated matters, assess potential exposure and minimi s e risk, propose alternative courses of action, and make well-reasoned recommendations .
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