💼 Job

Commercial Real Estate Graduate Scheme

💼 Graduate Job

London

🤑 £28.5k
Rolling basis

Description

TTL Properties are building a better London. Not only is TfL responsible for over 30 million journeys every day, we’re also one of London’s largest landowners and have recently established a new property business (TTL Properties).

We own a 5,700 acre estate that includes land and properties with huge potential for creating the homes and jobs that the Capital needs. Despite being a new business, we already have plans to build 20,000 homes (50% affordable) and almost 1m sq ft of office space.

Property is at the heart of solving some of our City’s biggest challenges – housing pressures, TfL’s financial sustainability, and the need to keep London moving, working and growing. Our teams focus on generating non-fare related revenue for the organisation and all profits are reinvested back into the transport network.

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Area of Responsibilities

Business, Operations & Strategy

Responsibilities

As a graduate, your two-year development programme will be made up of up to four placement rotations. Our aim is to equip you with the range of skills and experience you need for your successful career. We also understand that everyone’s career is different, so every graduate’s journey is unique. Here’s an idea of what your first year on the scheme could look like:Year 1Placement 1 – Commercial Property Management - 6 monthsFocused on the renewal of excluded and protected leases, you’ll be undertaking the rent reviews, lease assignments, licences to alter, inspections and measurements. You’ll also maintain and observe the Health and Safety regulations and manage the maintenance of the building using a service charge budget.Placement 2 – Commercial Asset Management – 6 monthsYou’ll undertake asset strategies and projects, including refurbishments and unit amalgamation, lettings, market liaison, valuations, business planning, budgeting and associated place making aligned to our customer strategy.Year 2Placement 3 – Property Development - 6 monthsYou’ll carry out development appraisals, including carrying out inspections and measurements for the purpose of valuation. A primary role will also involve working within planning regulations and policies. You’ll receive training on the valuation tool Argus.Placement 4 –Operational Property – 6 monthsDepending on your chosen APC competencies, you may gain experience in rating or compulsory purchase orders (CPO). In addition, you’ll liaise with third party surveyors on dilapidations, service charges, inspections and measurements. You’ll get the unique experience of acting as agent for both landlord and tenant.
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Requirements

A minimum degree of 2:2 or a Masters in the following: Estate Management, Property Management, Real Estate and Real Estate Management, or a similar Royal Institution of Chartered Surveyors (RICS) accredited degree.
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Education requirements

2:1 or Higher
Masters