Director/VP (16-20 years)

VP of Corporate Real Estate

This isn't just about managing buildings; it's about shaping our entire physical footprint to match where the business is going, and where it needs to be in five years. You'll be the architect of our global real estate strategy, making decisions that impact millions of pounds and thousands of employees. Frankly, you're the one who tells us if we should be buying, selling, or leasing, and where in the world we should be doing it. This role is about driving real estate as a strategic advantage, not just a cost centre.

Job ID
JD-REFM-DIRCORE-006
Department
Realestate Facilities Management
NOS Level
Level 8
OFQUAL Level
Level 8
Experience
Director/VP (16-20 years)

Role Purpose & Context

Role Summary

As our VP of Corporate Real Estate, you'll be setting the global strategy for our entire property portfolio. This means figuring out where we need offices, manufacturing sites, or distribution centres, how they should look and feel, and how we pay for them. You're essentially running a multi-million-pound property business within our company, making sure our physical spaces help us hit our overall business goals. This role sits right at the intersection of our financial strategy, operational efficiency, and talent attraction efforts. You'll translate high-level business objectives—like expanding into new markets or adopting hybrid work—into concrete real estate plans and investments. When you get it right, we're saving millions, attracting top talent with great workplaces, and our operations run smoothly. Get it wrong, and we're stuck with expensive, underutilised space, or worse, we can't grow because we don't have the right facilities. The real challenge here is balancing long-term strategic vision with the constant, urgent demands of a growing business, all while navigating complex global markets and regulatory hurdles. The reward, though, is immense: you'll directly shape the future physical landscape of our company, leaving a tangible legacy that everyone can see and feel.

Reporting Structure

Key Stakeholders

Internal:

External:

Organisational Impact

Scope: This role directly impacts our financial performance, operational scalability, and employee experience globally. Your decisions on property acquisitions, dispositions, and workplace design will influence our balance sheet, P&L, and our ability to attract and retain talent. You're essentially the steward of our second-largest cost base (after people), making sure every pound spent on real estate delivers maximum value to the business. You'll drive multi-year transformation programmes that reshape how and where we work.

Performance Metrics

Quantitative Metrics

  1. Metric: Portfolio Cost Reduction
  2. Desc: Reducing the total cost of occupancy (TCO) across our entire global portfolio, including rent, operating expenses, and capital expenditure.
  3. Target: Reduce total cost of occupancy (TCO) by 5% year-on-year.
  4. Freq: Annually, reviewed quarterly.
  5. Example: Negotiating a portfolio-wide lease renewal that saves £2M in annual rent, or consolidating three smaller offices into one larger, more efficient hub, reducing OpEx by £1.5M.
  6. Metric: Space Utilisation Rate
  7. Desc: Improving how efficiently we use our existing office and operational space, often measured by square footage per person or desk sharing ratios.
  8. Target: Increase portfolio-wide space utilisation rate from 50% to 65% within 24 months.
  9. Freq: Quarterly, with annual strategic review.
  10. Example: Implementing a successful hybrid work model that allows us to reduce our physical footprint by 15% in key markets without impacting productivity, as measured by occupancy sensors and employee surveys.
  11. Metric: Strategic Value Creation
  12. Desc: Generating tangible financial value through strategic real estate transactions beyond just cost savings, such as property dispositions or sale-leaseback agreements.
  13. Target: Generate £20M in value through strategic dispositions or sale-leaseback transactions over a 3-year period.
  14. Freq: Annually, with project-specific tracking.
  15. Example: Selling an underperforming asset for £15M above its book value, or executing a sale-leaseback that unlocks £10M in capital for reinvestment into core business activities.
  16. Metric: Capital Project Delivery Performance
  17. Desc: Ensuring that major construction, renovation, and fit-out projects are delivered on time and within budget, meeting business requirements.
  18. Target: Deliver 90% of all capital projects within 5% of the approved budget and original timeline.
  19. Freq: Quarterly, with post-project reviews.
  20. Example: Overseeing the successful completion of a new regional HQ that comes in at £4.8M on a £5M budget, and opens two weeks ahead of schedule, enabling earlier business unit relocation.

Qualitative Metrics

  1. Metric: Executive Trust & Influence
  2. Desc: Being seen as a trusted advisor to the C-suite and Board, whose strategic recommendations are consistently sought and acted upon.
  3. Evidence: You're regularly invited to contribute to broader business strategy discussions, not just real estate specific ones. The CFO or CEO will proactively ask for your perspective on M&A targets' property portfolios. Your proposals for major capital expenditure are typically approved with minimal pushback, showing confidence in your due diligence.
  4. Metric: Global Portfolio Resilience
  5. Desc: Building a real estate portfolio that can adapt quickly to market shifts, geopolitical events, and business changes, minimising risk and disruption.
  6. Evidence: We've got clear, actionable contingency plans for major market exits or expansions. Our lease expiry profile is balanced, avoiding 'cliffs' where too many leases end at once. You've proactively de-risked our exposure in volatile regions, and we can demonstrate agility in responding to unexpected events, like a sudden need for more manufacturing space or a significant reduction in office demand.
  7. Metric: Team Leadership & Development
  8. Desc: Cultivating a high-performing, strategically minded Corporate Real Estate team that's seen as a valuable partner across the organisation.
  9. Evidence: Your direct reports are consistently rated highly in performance reviews and are being promoted into more senior roles, either within your team or elsewhere in the business. Employee engagement scores for your department are consistently strong. Business units actively seek out your team's expertise, rather than seeing them as a bureaucratic hurdle. You've built a bench of talent ready for future challenges.
  10. Metric: Workplace Strategy Adoption
  11. Desc: Successfully implementing workplace strategies (e.g., hybrid work, activity-based working) that enhance employee productivity, collaboration, and satisfaction.
  12. Evidence: Post-implementation surveys show a measurable increase in employee satisfaction with their work environment and perceived productivity. Business unit leaders are championing the new workplace models. We see a clear link between our workplace design and our ability to attract and retain talent, as evidenced by recruitment metrics and internal feedback.

Primary Traits

Supporting Traits

Primary Motivators

  1. Motivator: Strategic Impact & Business Transformation
  2. Daily: You'll spend your days thinking about how our physical footprint can truly enable business growth, cost savings, and a better employee experience. This means less 'transactional' work and more 'transformational' thinking. You'll be the one presenting multi-year plans to the C-suite, seeing your vision come to life.
  3. Motivator: P&L Ownership & Financial Stewardship
  4. Daily: You're accountable for a significant portion of the company's operating expenses and capital expenditure. If you love the challenge of managing a large budget, finding efficiencies, and creating value, you'll thrive. This isn't just about spending money; it's about making smart investments.
  5. Motivator: Leading & Developing High-Performing Teams
  6. Daily: You won't be doing the day-to-day transaction work yourself. Your energy will go into coaching your directors and managers, setting clear expectations, removing roadblocks, and ensuring your team has the skills and resources to execute the global strategy. You'll be a mentor and a champion.

Potential Demotivators

Honestly, this role isn't for everyone. If you're someone who needs every decision to be clear-cut, or if you prefer to operate in a silo, you'll find this incredibly frustrating. You'll be navigating a constant stream of competing priorities and political agendas. The reality is often far messier than the strategic plans suggest.

Common Frustrations

  1. The 'Impermeable' Business Unit: You'll constantly fight with business leaders who treat their office space as a personal fiefdom, resisting enterprise-wide standards or relocations. It's like herding cats, sometimes.
  2. Forecasting Whiplash: You'll build a meticulous 3-year real estate plan based on a headcount forecast from Finance, only to have it completely change six months later due to a re-org or market shift, rendering your hard work obsolete.
  3. The Scapegoat for Market Conditions: Expect to be held accountable by leadership for a 20% increase in renewal rent, even when the entire market has moved by that much. Sometimes, you're just delivering bad news.
  4. The Utilisation Data Battle: You'll invest in expensive sensor technology to track space usage, only to face employee resistance and data that gets skewed by inconsistent office attendance, making it hard to justify downsizing or new workplace models.
  5. The 'Emotional' Office Closure: Managing the intense political and emotional fallout from closing an office, even when the data overwhelmingly supports the decision, can be draining. It's rarely just a business decision.
  6. The Budget Mismatch: You'll often be tasked with creating a 'world-class, Google-like' workplace to attract talent, but then be given a budget that only allows for standard carpet and paint. Managing expectations is key.

What Role Doesn't Offer

  1. A quiet, predictable work environment where you can focus solely on technical tasks.
  2. Direct, day-to-day involvement in individual lease negotiations or project management (you'll oversee, not execute).
  3. A role where you can avoid internal politics or challenging senior stakeholders.
  4. An easy ride with immediate, tangible results on every initiative (some strategic plays take years to mature).

ADHD Positives

  1. The high-level strategic thinking, constant problem-solving, and varied challenges of this role could be highly engaging and stimulating.
  2. The need to quickly pivot between different strategic initiatives and complex issues might suit a mind that thrives on novelty and multi-tasking.
  3. The ability to hyper-focus on a critical, high-stakes negotiation or strategic plan could be a significant asset when it truly matters.

ADHD Challenges and Accommodations

  1. The sheer volume of complex information and the need for meticulous oversight of large teams and budgets could be overwhelming. We can help with robust project management tools and executive assistants to offload administrative burdens.
  2. Maintaining focus during lengthy, detailed board reports or compliance reviews might be challenging. We can ensure materials are presented concisely and allow for short breaks.
  3. Managing a large team remotely might require extra effort in structured communication. We can support with clear frameworks for delegation and regular, but concise, check-ins.

Dyslexia Positives

  1. The strong emphasis on big-picture strategic thinking, pattern recognition in market trends, and visualising complex portfolio scenarios could be a natural strength.
  2. Excellent verbal communication and negotiation skills, often associated with dyslexia, are critical for influencing diverse stakeholders and presenting to the board.
  3. A reliance on data visualisation (dashboards, maps) for decision-making, rather than dense textual reports, would be beneficial.

Dyslexia Challenges and Accommodations

  1. The role involves reviewing extensive legal documents (leases) and detailed financial reports. We use advanced software for abstraction and can provide tools like text-to-speech, proofreading support, and dedicated legal counsel for reviews.
  2. Preparing board-level presentations and detailed strategic documents can be demanding. We have a strong support team, including executive assistants and communications specialists, who can help with drafting and formatting.
  3. Ensuring clarity in written communications to a global team. We encourage the use of concise language, bullet points, and visual aids, and offer proofreading services.

Autism Positives

  1. The ability to identify patterns and logical inconsistencies in complex data sets (e.g., financial models, market analytics) is highly valued for strategic decision-making.
  2. A direct, honest communication style can be very effective in high-stakes negotiations and when presenting clear, data-backed recommendations to the C-suite.
  3. A deep, focused expertise in the intricacies of real estate finance, legal frameworks, and portfolio optimisation can be a significant advantage.

Autism Challenges and Accommodations

  1. Navigating complex organisational politics and unspoken social cues in executive meetings can be tricky. We can provide clear pre-briefs for key meetings and a trusted mentor to help interpret dynamics.
  2. The constant need for impromptu networking and relationship building across diverse internal and external stakeholders might be demanding. We can structure networking opportunities and focus on task-oriented interactions.
  3. Managing sensory input in various office environments or during site visits. We offer flexible work arrangements, quiet spaces, and can make adjustments for lighting or noise levels where possible.

Sensory Considerations

Our primary office environment is a modern, open-plan space, though you'll have a private office for focused work and sensitive calls. Expect occasional travel to various global sites, which can range from bustling city centres to quieter industrial parks. Social interactions are frequent and high-stakes, including board meetings, investor presentations, and negotiations. We're committed to providing a workspace that supports your best work, including options for noise-cancelling headphones or adjustments to your immediate environment.

Flexibility Notes

While this is a senior leadership role with global responsibilities, we offer a hybrid working model, typically expecting 3 days a week in our London HQ. There's significant flexibility around working hours to accommodate global time zones and personal commitments, as long as key deliverables are met and team leadership is maintained. We understand that life happens.

Key Responsibilities

Experience Levels Responsibilities

  1. Level: VP of Corporate Real Estate (L6)
  2. Responsibilities: Define and implement the global corporate real estate strategy, making sure it's perfectly aligned with the company's long-term business objectives and growth plans (think 5-10 year horizon).
  3. Oversee the entire global real estate portfolio's P&L, managing budgets of £2M-£10M+ and driving significant cost reduction and value creation initiatives across all regions.
  4. Lead and develop a high-performing global team of directors, managers, and specialists, fostering a culture of accountability, strategic thinking, and continuous improvement.
  5. Present strategic real estate plans, financial performance, and key risks to the C-suite and Board of Directors, defending your recommendations and answering tough questions.
  6. Drive major M&A real estate integration and divestiture strategies, ensuring seamless transitions of property portfolios during company acquisitions or sales.
  7. Act as the primary internal and external face for corporate real estate, building strong relationships with business unit leaders, major landlords, brokers, and industry bodies.
  8. Champion and implement cutting-edge workplace strategies and smart building technologies to enhance employee experience, productivity, and operational efficiency across our global footprint.
  9. Supervision: You'll operate with full strategic autonomy, reporting directly to the CFO. Your check-ins will be focused on strategic alignment, major programme updates, and board-level preparations. Day-to-day execution is entirely your domain, managed through your leadership team.
  10. Decision: You'll have full P&L authority for the global real estate function, typically managing budgets between £2M-£10M+. This includes approving major capital projects up to £5M (with board notification for larger sums), all hiring decisions within your department, and all strategic vendor selections. You'll lead M&A real estate due diligence and integration planning, with final approval from the C-suite.
  11. Success: Success means our real estate portfolio is a strategic asset, not just a cost. It means consistently hitting portfolio cost reduction targets, significantly improving space utilisation, and delivering major capital projects on time and budget. More importantly, it means the C-suite sees you as an indispensable strategic partner, and your team is recognised as a centre of excellence that truly enables the business.

Decision-Making Authority

Slash 15-25 Hours From Your Week with AI-Powered Real Estate Tools

Let's be real, you're a VP, not a robot. But imagine if your team could offload the grunt work to AI, freeing them (and you) up for the truly strategic stuff. That's not a pipe dream; it's happening now. We're pushing hard to integrate AI across our Realestate_Facilities_Management function, and you'll be leading the charge.

ID:

Tool: Automated Lease Abstraction

Benefit: Use AI tools (like Leverton or Prophia) to automatically scan and extract over 200 critical data points from dense, multi-page lease documents in minutes. It'll populate your IWMS and even flag non-standard clauses for legal review, saving your team countless hours of tedious manual work. Think of the time your legal counsel will save!

ID:

Tool: Predictive Site Selection Analysis

Benefit: Imagine AI platforms analysing thousands of data points—demographics, labour pools, competitor locations, traffic patterns, local regulations—to score and rank potential new sites. This accelerates market analysis from weeks to days, giving you a massive competitive edge in securing the best locations for our growth. You'll make decisions with far more confidence.

ID:

Tool: Accelerated RFP & LOI Drafting

Benefit: Use Generative AI to create a solid first draft of a Request for Proposal (RFP) for brokerage services or a Letter of Intent (LOI) based on a simple prompt with your key business terms. This isn't about replacing legal, but giving them a massive head start, allowing them to focus on the nuances and complex clauses. It's about speed and efficiency.

ID:

Tool: Smart Stakeholder Communications

Benefit: Utilise AI to draft tailored communications for an upcoming office move, a new hybrid work policy, or a major capital project. Generate different versions for executives, managers, and all employees, ensuring the messaging is relevant, impactful, and lands correctly with each group. No more generic, one-size-fits-all emails.

Your team could save 15-25 hours weekly, collectively. Weekly time savings potential
We're investing in 5-7 core AI tools and platforms. Typical tool investment
Explore AI Productivity for VP of Corporate Real Estate →

12-15 specific tools & techniques with implementation guides

Competency Requirements

Foundation Skills (Transferable)

Beyond the technical know-how, this role demands exceptional leadership and strategic acumen. You'll be leading a large, diverse team and influencing stakeholders at the highest levels, so your soft skills are just as crucial as your property expertise.

Functional Skills (Role-Specific Technical)

This role requires a deep, almost innate understanding of corporate real estate across all its facets, from strategy and finance to transactions and workplace design. You'll need to be the resident expert, but also a pragmatic leader who knows how to get things done.

Technical Competencies

Digital Tools

Industry Knowledge

Regulatory Compliance Regulations

Essential Prerequisites

Career Pathway Context

We're looking for someone who has already 'done the job' at a senior level, perhaps as a Director of Corporate Real Estate or a regional Head of Property, and is ready for the ultimate global challenge. This isn't a role where you'll be learning the ropes; you'll be setting the direction from day one.

Qualifications & Credentials

Emerging Foundation Skills

Advancing Technical Skills

Future Skills Closing Note

The future of corporate real estate isn't just about buildings; it's about data, technology, sustainability, and global resilience. Your role will be to lead this transformation, ensuring our physical assets are always a strategic enabler for our business, not a drag. It's a challenging but incredibly rewarding journey.

Education Requirements

Experience Requirements

You'll need a minimum of 16-20 years of progressive, hands-on experience in corporate real estate, with a substantial portion of that time (at least 7-10 years) in senior leadership roles. This isn't your first rodeo leading a large, global function. We're looking for someone who has genuinely owned a significant real estate P&L, driven multi-million pound strategic initiatives, and regularly presented to C-suite executives and Board members. You'll have a proven track record of managing complex global transactions, overseeing large capital projects, and developing high-performing teams.

Preferred Certifications

Recommended Activities

Career Progression Pathways

Entry Paths to This Role

Career Progression From This Role

Long Term Vision Potential Roles

Sector Mobility

Your skills as a VP of Corporate Real Estate are highly transferable across almost any industry with a significant physical footprint—from technology and finance to retail, manufacturing, and logistics. The principles of portfolio optimisation, transaction management, and workplace strategy are universal, making you a highly sought-after leader.

How Zavmo Delivers This Role's Development

DISCOVER Phase: Skills Gap Analysis

Zavmo maps your current competencies against all requirements in this job description through conversational assessment. We evaluate your foundation skills (communication, strategic thinking), functional skills (CRM expertise, negotiation), and readiness for career progression.

Output: Personalised skills gap heat map showing strengths and priorities, estimated time to competency, neurodiversity accommodations.

DISCUSS Phase: Personalised Learning Pathway

Based on your DISCOVER results, Zavmo creates a personalised learning plan prioritised by impact: foundation skills first, then functional skills. We adapt to your learning style, pace, and neurodiversity needs (ADHD, dyslexia, autism).

Output: Week-by-week schedule, each module linked to specific job responsibilities, checkpoints and milestones.

DELIVER Phase: Conversational Learning

Learn through conversation, not boring modules. Zavmo uses 10 conversation types (Socratic dialogue, role-play, coaching, case studies) to build competence. Practice difficult QBR presentations, negotiate tough renewals, and handle churn conversations in a safe AI environment before facing real clients.

Example: "For 'Stakeholder Mapping', Zavmo will guide you through analysing a complex enterprise account, identifying key decision-makers, and building an engagement strategy."

DEMONSTRATE Phase: Competency Assessment

Zavmo automatically builds your evidence portfolio as you learn. Every conversation, practice scenario, and application example is captured and mapped to NOS performance criteria. When ready, your portfolio supports OFQUAL qualification claims and demonstrates competence to employers.

Output: Competency matrix, evidence portfolio (downloadable), qualification readiness, career progression score.

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