Development Surveyor
An opportunity exists for an Associate level candidate to supplement the current team in providing development, planning and investment advice on a range of assets, land banks and companies.
Role Overview
An opportunity exists for an Associate level candidate to supplement the current team in providing development, planning and investment advice on a range of assets, land banks and companies.
The overall objective of the team is to enhance the value of our client's assets over the long-term investment horizon, taking them from green or brownfield under-utilised assets to completed residential-led mixed-use schemes, whilst minimising risk and maximising opportunity.
Team Overview
National Development Consultancy (NDC) is a niche team of 6 advisors. We currently advise many blue chip, private equity and institutional clients across the private and public sectors on their development assets, many of which will be delivered to create income producing residential investments.
We are providing advice on c. 60,000 residential plots under management at any one time.
The team also works within and coordinates a virtual cross-Savills team on mergers and acquisitions in the residential development sector. More recently, these workstreams have been bolstered by the growth of our Corporate Finance team. In 2021-22, we led transactions worth c. £3bn.
The team sits within the Operational Capital Markets (OCM) business made up of 85 professionals. A fast paced and friendly team working with clients across the living sectors including Multifamily, Single-family, PBSA, Co-living, Senior Housing and Healthcare, and providing corporate finance and debt advisory services through our FCA regulated Savills Capital Advisors team. The Team also works closely with Savills Development Division; the market leading land, planning and new home specialists of 800 people across the country.
Savills culture is one of trust and respect, teamwork and collaboration. Our teams and clients benefit when we work together, listening to and learning from each other. Above all, we value the motivation of our people. This is evidenced by our wellbeing offer, our capability to facilitate flexible working and our support to enjoy a healthy work life balance.
Key Responsibilities of the Role
The successful candidate will be part of a dynamic team advising a range of client types on:
• Fully understanding our client’s needs, objectives, strategies and reporting lines, as well as answering their questions or providing them with outputs and tools to progress their investment or development strategies.
• The planning, promotion, funding and deliverability of large-scale residential development schemes.
• Strategic Development Management and Project Management activities across a range of different development projects.
• Complex and structured sales of residential development assets, including simple land agency through to complex joint venturing / partnerships structuring.
• Pre- and post-planning development advice, as well as advising landowners, institutions and corporates on increasing the value of land portfolios.
• Facilitating the change of use of client’s portfolios where their historical performance is under threat – such as ageing shopping centres.
• Corporate mergers and acquisitions in the residential development sector, including asset-level due diligence advice and project management on major sector-leading transactions.
• Advisory work streams across the Operational Capital Markets sector, including Build to Rent, Key Worker Housing, Student and Healthcare.
As the sector and NDC team are growing at a rapid pace there are excellent opportunities for career progression. In addition, the role presents opportunities to learn new skills from wider OCM teams and colleagues including development finance, funding methods and financial models.
Key responsibilities will be:
Internal
• Be an active and energetic team member of the NDC team.
• Meeting with a range of clients on a regular basis.
• Client care for existing clients.
• Supporting the current Directors within the team.
• Support the less experienced members of the team to develop as professionals and become active participants in the marketplace
• Support multi-disciplinary and significant projects across OCM and Development Divisions across the UK.
• Contribute to the growth of the team by supporting and managing key and profitable instructions.
External:
• Supporting our client’s objectives.
• Advising on the most appropriate development or investment strategy for assets.
• Managing strategic development schemes and consultant teams to secure planning permission and sell assets which achieve maximum value, either financially, socially and/or environmentally.
• Pricing, valuing and modelling a range of development assets across the UK.
• Handling the complex sale of residential development land assets.
• Providing written, graphic or financial information as part of the consultancy service.
• Carrying out comprehensive property, market and legal due diligence enquiries.
In addition to the tasks described above, the job holder may be required to carry out other duties as may reasonably be required from time to time.
Skills, Knowledge and Experience
• MRICS qualified, with 3-7 years’ experience – preferably Planning and Development pathway. MRTPI and Project Management qualified applicants will also be considered.
• We will also consider self-taught innovators with experience that is equivalent to or greater than the professional pathways asset out above.
• Knowledge of the residential development sector, particularly housebuilder activity, as well as housing and planning policy.
• Experience in providing consultancy verbal advice to clients in the residential or development sector.
• Experience in writing reports on projects in the residential or development sector.
• Track record in advising on major residential schemes and leading project teams.
• Proficient in valuation software and cash flows, specifically with MS Excel, Argus Investor and Developer
• Excellent written and verbal communication skills.
• Excellent and transferrable client relationships.
• Ability to work under pressure and meet deadlines.
• Team player.
• Strategic approach to problem-solving.
• A desire to progress and generate new business within the residential and development sectors.
• Full clean driving licence.
Assessment applicants can expect during the selection
• I/2/3 stage interview
• Presentation
• Personality Profile
• Skills Testing (eg excel, word)
- Business area
- Professional & Financial Services
- Role
- Capital Markets
- Locations
- London
- Contract Type
- Permanent, Full time
- Remote Status
- This role is office based
- Salary
- Competitive
Our offer
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Holiday
We understand the importance of a work life balance and offer you a generous holiday entitlement, which increases throughout your career as you progress through our job levels or reach service milestones.
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Health
Your wellbeing and that of your family is as important to us as it is to you. We offer Virtual Gp, Digital Health, Private Medical Scheme and mental health support amongst other benefits.
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Lifestyle
We promote a healthy work life balance, supported by our approach to flexible working and our wide variety of health, wellbeing and social programmes.
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Our Offer
Read more about our benefits and culture in our offer overview below
People & culture
At Savills we are proud of our unique history and culture, founded on entrepreneurial approach, linked with excellent team work and underpinned by our high values and operational standards.
Our employees' health and wellbeing, inclusion and personal growth, as well as a wider environmental and social responsibility focus, underpins everything in our employee offer.
About Savills
Over 39,000 people work for us in more than 70 countries all over the world. This breadth of global coverage, combined with specialist services and market insight, means we'll always have an expert who is local to you.
Development Surveyor
An opportunity exists for an Associate level candidate to supplement the current team in providing development, planning and investment advice on a range of assets, land banks and companies.
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