About Realty Income
Realty Income (NYSE: O), an S&P 500 company, is a real estate partner to the world's leading companies. Founded in 1969, we invest in diversified commercial real estate and have a portfolio of 15,600 properties in all 50 U.S. states, the UK and six other countries in Europe, with a gross book value $58bn. We are known as "The Monthly Dividend Company®" and have a mission to deliver stockholders dependable monthly dividends that grow over time. Since our founding, we have declared 656 consecutive monthly dividends and are a member of the S&P 500 Dividend Aristocrats® index, having increased our dividend for the last 30 consecutive years.
We are rapidly expanding into the UK and European markets, including new offices at 3 St. James’s Square. The European portfolio, including the UK, has experienced consistent growth quarter-on-quarter since our first international acquisition, a £429m 12-property portfolio from Sainsbury’s in 2019. In just five years, the portfolio now includes investments of over $11bn and 483 distinct properties. We are making significant investments in infrastructure and talent to become the UK market leader in retail parks and expand into other asset classes.
Position Overview
The Director, UK Investments, will be responsible for sourcing investment opportunities in the United Kingdom, underwriting transactions, creating and cultivating relationships that aid in sourcing investment potential, coordinating transaction management, and conducting investment research. Reporting to the SVP, Head of Asset Management & Value-Add Investments, UK, this role partners with internal teams to analyse the market, communicate acquisition pipeline targets, negotiate terms aligned with company objectives, and shape the UK/European platform.
Key Responsibilities
- Identify, analyse, and pursue real estate investment opportunities in the UK.
- Lead negotiations of deal terms and communicate with counterparties.
- Coordinate and manage deals through the transaction life cycle.
- Present proposed transactions to the Investment Committee.
- Maintain relevant market knowledge and contacts to support investment analysis.
- Manage the Analyst team to model potential returns for prospective investments, if required.
- Oversee the creation of investment memorandums for presentation to the Investment Committee and/or the Board of Directors.
- Work with the Acquisitions Team to generate, maintain, and furnish periodic reports and industry tracking pieces reviewed by senior executives.
- Approach the role with a positive attitude, a diligent work ethic, and a sense of ownership.
- Operate as a team player, encouraging, empowering, and assisting other team members with the team’s success as the primary focus.
- Perform other duties as assigned.
- Travel up to 15% of the time with overnight stays.
- Drive during travel to tenant sites.
Organisational Relationships
- Work with internal team members and external advisors to build investment cases for opportunities considered by the Investment Committee.
- Collaborate with the Research team to identify new occupiers, business sectors, property types, and geographies for investment consideration.
- Utilise internal and external contacts to gather market information and data that may be helpful to the team’s objectives.
Candidate Requirements
Must Have For The Role
- Extensive real estate acquisitions experience gained in a leading institution (Private Equity / Investment Banking / Real Estate Investment Fund) with an impressive deal sheet.
- Experience leading the origination, underwriting and execution of UK real estate transactions including corporate/entity-level deals, portfolios, and asset-level deals (extensive transactional history of at least one or more of either logistics, industrial or office asset classes).
- Experience originating UK Real Estate transactions that generate above average returns.
- Strategic mindset.
- Strong public speaking skills and sharp attention to detail.
- Commercial awareness and analytical skills.
- Excellent communication skills, combined with tenacity and a desire to succeed.
- A team player who feels energized when working with others to achieve a common goal.
- Fluency in English is essential.
- Proficiency with Microsoft Excel, Word, and PowerPoint.
Desirable But Not Essential
- Developmental experience.
- Undergraduate degree (or equivalent work experience) with a preferred focus on Real Estate, Business, Commerce or Finance.
This role is subject to enhanced compliance and disclosure requirements comparable with those of a regulated financial services organization, including conflict of interest disclosures and personal trading policies.
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.
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