Acquisition and Development Manager

Employer
Cobalt Recruitment
Location
Scotland, Edinburgh
Salary
Negotiable
Closing date
26 May 2022
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Job Details


Cobalt is delighted to be working on an exclusive basis with Kangaroo Self Storage to search for an Acquisitions and Development Manager as they enter an exciting and ambitious expansion programme.

Kangaroo Self Storage was founded in 2004 and now has 9 self-storage facilities across Scotland and the North West of England. They have an ambitious roll out plan and the successful candidate will be responsible for the identification and acquisition of a healthy pipeline of new sites.

Researching new sites across the UK, appraising, negotiating and delivering freehold acquisitions and assisting in the development of these sites through to opening completion are all key elements of the role. Ideally MRICS qualified, applicants must have a commercial real estate background, ideally with previous transactional experience. Expertise in relevant Planning legislation and a wide-ranging UK network of contacts will also be essential to be successful.

Initially working alongside the Property Director, applicants must be able to identify, appraise and deliver self-storage opportunities through M&A, conversion of existing buildings and new development working closely with the wider team and Management Contract partners.

In return a fantastic base salary and a performance related bonus is available. The role offers a hybrid and flexible working pattern with autonomy and progression with a fast growth company.

* MRICS qualification preferable but not essential

* Minimum of 2 years relevant experience

* Transactional experience with a track record of identifying opportunities including proactively securing off market sites

* Competent Excel modelling for budgeting, cash flow and site appraisals

* Understanding of valuation models and metrics

* Ability to research local markets in order to prepare and submit Board reports supporting acquisitions

* Excellent network of contacts or be able to demonstrate their ability to create networks

* Report to Board on a monthly basis reporting new opportunities and progress of purchases

* Reasonable common sense and able to demonstrate a practical knowledge of building design and project management.

* Knowledge of the planning system and building control preferable but not essential

* Ability to travel regularly throughout UK identifying potential sites and visiting existing sites / projects

* Coordinating with project managers and contractors on refurbishment and fit out work

Kangaroo's Head Office is based in Haddington, near Edinburgh and it is expected that employees are in the office a minimum of 2 days a week

Company

Cobalt is a leading specialist recruitment provider to the Real Estate, Finance, Accounting & Banking, Construction & Engineering sectors. We recruit professionals from our offices in the UK, Europe, Middle East and Asia Pacific for clients ranging from large corporate organisations to niche entrepreneurial entities. Consultants at Cobalt have an impressive knowledge of their specialist sectors, often having been attracted to Cobalt directly from industry as well as from other recruitment and search consultancies.

Within Real Estate we recruit all types of professionals spanning the full property lifecycle, our Banking & Finance teams recruit Real Estate Bankers on the lending and restructuring side as well as Corporate Accounting functions and Management Accountants. The Construction & Engineering teams are technically and commercially focused, recruiting professionals in areas such as Costs and Project Management, Architecture, Town Planning and Facilities Management as well as a wide range of Engineering disciplines.

We recruit at all levels from recently qualified professional to Board Director through executive search, our market leading propriety database and advertising in leading industry publications for both permanent and interim opportunities.

Our in-depth market knowledge not only attracts top tier candidates, but also enables us to advise our clients on the most appropriate recruitment approach to take with complementary advice on remuneration and retention.

Visit our website: www.cobaltrecruitment.co.uk

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