Development Manager at Brookstone Property

Job Title: Development Manager

Location: 3 Okotie Eboh Street, Ikoyi – Lagos
Employment Type: Full-time

Job Description

  • The Real Estate Development Manager has two main functions, (1) Develop Brookstone’s project pipeline by cultivating relationships with and developing business from land owners, and off-takers including retail, office, and residential off-takers, and (2) Manage Brookstone’s development Portfolio from inception to completion including project conceptualization, design oversight, execution team sourcing, attaining financing, Project management and delivery.
  • Thus, you will assist in areas covering Planning, Construction, Sales & Marketing, Financial Management & Reporting, Stakeholder Engagement and Management, Acquisitions and Procurement.

Duties and Responsibilities

  • Support the Management Team to acquire, develop, and manage commercial real estate development opportunities and perform tasks to support these endeavours
  • Participate in all phases of complex developments including underwriting, internal investment approval, due diligence, financing, closing, development, and management
  • Work with other development team members to prepare presentation materials for senior management, investors, JV partners, lenders, planning authorities, etc.
  • Interact with senior management on a daily basis to drive decisions which affect ongoing projects
  • Perform analyses by creating financial models and make recommendations to senior management based on these analyses
  • Interact with multiple teams including the Property Management Team, Leasing Team, Finance Team, and the Legal Team to drive the progress of a project.
  • Prepare budget models, investor memorandums and tenant leasing documents
  • Drive with land acquisition including site visits, due diligence, liaising with agents and owners, preliminary financial analyses and securing anchor tenants
  • Participation in design meetings with the architects, engineers and project team members
  • Assist with negotiation of project legal documents, contracts, leases, etc.
  • Participation in marketing/leasing strategy sessions.
  • Oversee Development Team meetings.
  • Manage negotiation meetings with the contractors/consultants, vendors, tenants, etc.

Skill and Knowledge Requirements

  • Bachelor’s or Master’s Degree in Finance, Real Estate, Marketing, Architecture, Project Management or related field.
  • Minimum of five years of direct experience within property development, property finance, or property leasing.
  • Strong understanding of the development life cycle around commercial and residential assets
  • Ability to negotiate while thinking of your feet
  • Strong financial modelling skills preferred
  • Proven interest and experience in real estate
  • Strong analytical and interpersonal skills.
  • Excellent verbal and written communication skills.
  • Ability to produce quality work in a consistent manner.
  • Ability to work independently, as well as part of a team.
  • Adaptability to changing demands.
  • Ability to handle multiple tasks simultaneously while under pressure.
  • Ability to interact with co-workers, contractors, tenants, and/or vendors in an articulate, courteous, and business-like manner at all times.
  • Results orientated.
  • Strong proficiency in Microsoft Excel, Word and Power Point.

Salary
N250,000 – N400,000 Monthly.

Application Closing Date
11th December, 2020.

How to Apply
Interested and qualified candidates should forward their CV to: [email protected] using the Job Title as the Subject of the mail.

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