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- Tasks: Lead B&M's real estate strategy, oversee store development, and drive portfolio optimisation.
- Company: Join one of the UK's leading value retailers with over 1,200 stores.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Why this job: Shape the future of retail and make a significant impact on business growth.
- Qualifications: Significant experience in retail property and strong leadership skills required.
- Other info: Fast-paced environment with a commitment to diversity and inclusion.
The predicted salary is between 72000 - 108000 £ per year.
Job Description
B&M is one of the UK’s leading value retailers, with over 1,200 stores across the Group and a strong pipeline for continued growth. Our success is driven by a clear and disciplined real estate strategy, securing the right sites, delivering high-quality stores, and maximising long-term value for our customers and stakeholders.
We are seeking an exceptional Head of Real Estate & Development to shape and lead B&M’s property and development strategy at pace and scale. Reporting directly to the CEO, this is a pivotal leadership role, responsible not only for acquisitions and portfolio optimisation, but also for overseeing the design, construction, and remodelling of stores. The remit covers B&M in the UK as well as oversight of new store sign-offs for Heron Foods and B&M France, ensuring consistency, quality, and commercial value across the Group.
What you will be responsible for:
- Define and deliver B&M’s real estate and development strategy in line with business growth objectives.
- Identify, evaluate, and secure new retail sites across the UK.
- Lead acquisitions and lease negotiations, ensuring commercially advantageous terms.
- Oversee the full development process for new stores and refurbishments, including design, construction, and fit-out.
- Provide Group oversight of new store sign-offs for Heron Foods and B&M France, ensuring alignment with standards and return criteria.
- Drive portfolio optimisation through market evaluation, performance monitoring, and risk management.
- Build and maintain strong relationships with landlords, developers, property agents, contractors, and local authorities.
- Provide strategic insight on market trends, opportunities, and risks to the Executive team.
- Ensure robust governance, compliance, and investment return reporting across all property and development activities.
- Lead, inspire, and develop a high-performing real estate and development team, aligned with business priorities.
Candidate Profile
- Significant experience in retail property, with a proven track record in site acquisitions, estate management, and delivering new store build and refurbishment programmes.
- Strong knowledge of UK retail property markets, lease structures, planning processes, and construction project management.
- Demonstrable success in overseeing major store development and remodelling projects, delivered on time and to budget.
- Experience in providing property oversight for multi-brand or multi-country retail operations is highly desirable.
- Proven ability to lead lease negotiations and deliver commercial value.
- Strategic mindset with the ability to interpret and act on market trends.
- Exceptional leadership, stakeholder management, and influencing skills.
- Experience in a fast-paced, high-growth retail environment is strongly preferred.
Interested candidates are invited to submit a comprehensive CV, outlining their suitability for this role. This role will close on Friday 24th October.
B&M Retail are an equal opportunity employer. We are committed to creating an inclusive and diverse environment for all colleagues.
Head of Real Estate and Development employer: B&M Retail
Contact Detail:
B&M Retail Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Real Estate and Development
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals on LinkedIn or at local events. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching B&M's recent projects and developments. Show us that you’re not just another candidate; demonstrate your passion for our growth and how you can contribute to our real estate strategy.
✨Tip Number 3
Practice your pitch! Be ready to articulate your experience in site acquisitions and store development clearly and confidently. We want to hear how your background aligns with our goals.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re genuinely interested in joining the B&M team.
We think you need these skills to ace Head of Real Estate and Development
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Head of Real Estate and Development role. Highlight your experience in retail property, site acquisitions, and any successful projects you've led. We want to see how your background aligns with our needs!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples that demonstrate your success in overseeing store developments and negotiations. This will help us see the impact you've made in previous roles.
Keep It Professional Yet Engaging: While we love a friendly tone, remember to keep it professional. Use clear language and avoid jargon. We want to get to know you, but we also need to understand your qualifications and experience easily.
Apply Through Our Website: Make sure to apply through our website for the best chance of being noticed. It’s the easiest way for us to track your application and ensure it gets into the right hands. We can’t wait to see what you bring to the table!
How to prepare for a job interview at B&M Retail
✨Know Your Real Estate Stuff
Make sure you brush up on your knowledge of the UK retail property market. Understand lease structures, planning processes, and construction project management. Being able to discuss these topics confidently will show that you're not just a candidate, but a potential leader in the field.
✨Showcase Your Leadership Skills
Prepare examples of how you've led teams in previous roles, especially in high-growth environments. Think about specific challenges you faced and how you inspired your team to overcome them. This is crucial for a role that requires leading a high-performing real estate and development team.
✨Be Ready for Strategic Discussions
Expect questions about market trends and how they impact real estate strategies. Have a few insights ready about current trends in retail property and be prepared to discuss how you would apply this knowledge to B&M's growth objectives.
✨Build Rapport with Interviewers
Since this role involves a lot of stakeholder management, it's important to demonstrate your interpersonal skills during the interview. Engage with your interviewers, ask insightful questions, and show genuine interest in their perspectives. This will help you stand out as someone who can build strong relationships in the role.
