Real Estate Manager

Job Description

Position Title:

Senior Real Estate Manager
Reports to:

Head of Real Estate
Location:

Leeds/Remote Working
Hours:

Full Time

Position Summary
The role holder is responsible for the effective, efficient, and responsive management of the First Bus owned and leased property estate. They will deliver a visible programme of work across the estate ensuring that activities are completed to time, budget and quality standards and comply with legislation. A key requirement of the role is to help optimise asset utilisation and ensure that First Bus real estate supports financial targets and growth ambition.

Key Accountabilities & Responsibilities
Support the acquisition and disposal of properties and estate
Support mergers and acquisition and growth activity, eg undertake property due diligence and support targeted bids such as bus reform/franchising opportunities
Support the decarbonisation programme by negotiating and agreeing leases and wayleaves for utility providers and eg obtaining Landlords consents / planning consents, prioritising and determining suitability of sites for future electrification
Inform real estate strategy and

capital/operational

budgets
Identify or appoint agents to identify, potential new or relocation sites via targeted site searches
Identify in advance key leasehold dates including lease terminations/break options/rent reviews and advise LBUs for budgeting and strategic direction
Complete key leasehold dates/actions either directly or via appointment of external consultants
Liaise with and instruct external rating consultants to maximise savings and mitigate business rates liabilities through structured process of challenges and appeals. Implement Valuation Office Rating Contact (VORC) scheme
Liaise with and instruct external building surveyors to undertake annual review of dilapidation assessments and negotiate /agree individual claims
Prepare business cases/capex requests, as required
Prepare appropriate forms/requests and obtains approval of terms and conditions of transactions
Instruct legal advisers during preparation of legal documentation
Ensure that Lease Management System (Sequentra) is maintained accurately, is complete and up to date
Assist in

preparation/control

of property budgets and consultant budgets
Liaise with other functions to ensure optimum estate management eg Finance/

Security/Insurance/Construction
Deal with ad hoc property / property financial queries in relation to the portfolio

Rewards & Benefits
Your health is important to us which is why we offer Simply Health & Smart Health for you and your dependents at no cost to you! This offering includes cash back benefits across optical & dental as well as virtual GP appointments, mental health support and nutrition and fitness advise. Our EAP provision offers 24hr, 365 days a year mental health support
We are also committed to your financial wellbeing, and we offer a platform with many discounts on high street brands and supermarkets etc
Working at First you also receive discounted train travel for you and your family after 6 months service as well as a free bus pass
Cycle to work scheme
25 days' holiday + bank holidays
Pension scheme and chance to buy discounted First Group shares
Enhanced maternity / paternity pay
Flexible working

We put a big focus on physical and mental wellbeing at First Bus. We recognise that anyone can be affected by the stresses and strain of work, or life outside it. You'll find a range of health-promotion initiatives, and you will have 24/7 access to our confidential Employee Assistance Program.

Please apply now. We look forward to receiving your application.

Public transport serves everyone, whatever their differences. At First Bus, we want to be an employer open to you, no matter what your differences are. We aspire to be an inclusive organisation because diverse backgrounds, thinking and experiences bring so many benefits to our customers, communities and people. We welcome applications from all.