Director, Real Estate Asset Management

Location: City Of London
** 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.

You will be joining one of the largest Real Estate Investment Trusts in the world as we rapidly expand into the UK and European markets, including moving into 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.

As we accelerate our expansion into the UK and European markets, the company is making significant investments in infrastructure and talent. Moving into new offices at 3 St. James’s Square signals the next phase of growth and commitment to the region. You will be joining the UK market leader in asset management, working with the most prestige retail clients. You will be managing a growing portfolio c.$3bn

with new assets being added, you will be able to assist with the development of the team and able to build enhanced client relationships and negotiation capabilities across a diverse UK and potential EU portfolio. This environment offers exceptional opportunities for professional development and career advancement as both the company and its portfolio continue to expand.
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* Position Overview:

** The Director, Asset Management, UK (Director) partners closely with the Head of Asset Management and Value-Add Investment, UK, the broader asset management team, company leadership, and clients (i.e. tenants) to drive asset management strategies and outcomes, including enhancing tenancy, income, occupancy, and green initiatives across Realty Income’s industry-leading UK portfolio (~$10B today) that continues to grow quickly. The Director’s role is highly communicative and collaborative across multiple touchpoints daily, with departments across Realty Income and with many external clients, advisors, and vendors.

The Director drives win-win relationships with our clients, deepening and broadening existing relationships while cultivating new ones.
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* Key Responsibilities:

*** Direct responsibility for delivering returns on a diverse UK portfolio
* Direct responsibility for managing client relationships, including top 10 clients
* Co-ordinate the Annual Business Planning Process for assets
* Coordinate Annual Budgeting and Forecasting
* Lead major portfolio discussions/deals – including analysis and presentations
* Drive Client Service Team across multiple clients
* Direct ESG Initiatives across the portfolio – including EV car charging, solar projects, SMART initiatives, and local community initiatives
* Carry out lease renewals, rent reviews, lease regears, new lettings (including internal analysis and presentations, negotiating with clients, and working with Legal to transact deals) and keep the Head of AM & VA apprised of such activities
* Manage monthly leasing meetings with leasing agents, planners, project managers, and property managers
* Identify additive revenue opportunities through developments and commercialisation opportunities
* Oversee (inc. managing planners, development / project managers, highways consultants, etc.) developments at our existing sites such as amalgamation works, existing tenant upsize & downsize projects, extensions, new units, drive-thru units
* Meet regularly with local stakeholders of our assets and foster strong relationships (council representatives, adjacent owners, etc.)
* Provide support to Value-Add transactions (for new purchases) where…