Overview The Government Property Agency is the largest property holder in government, with more than £2.1 billion in property assets and over 55% of the government’s office estate. We are transforming the way the Civil Service works by creating great places to work, leading the largest commercial office programme in the UK, working towards halving carbon emissions from government offices, and achieving greater value for taxpayers. And we are looking for innovative, solutions-focused people to join our team. Representing the best covenant in the UK – His Majesty’s Government – we are leading significant transformational programmes such as the Government Hubs Programme, Whitehall Campus Programme and Net Zero Programme. We are also delivering cost-effective property services such as asset management, lifecycle replacement and workplace services. Innovation and progress underpin our behaviours. We foster a culture of lifelong learning, where curiosity and self-improvement are encouraged. Our four core values are at the heart of everything we do. They shape our culture and guide how we work, lead and grow together: Striving for excellence - We always aim to deliver great results Empowering through respect - We insist on fair treatment for all, always Acting with integrity - We consistently do the right thing Succeeding together - We rely on each other to achieve success We are committed to representing the communities we serve by making Equality, Diversity, and Inclusion (EDI) part of everything we do. Our strong emphasis on EDI is not just about driving inclusion across our organisation, it is also about ensuring our services meet the needs of government departments and the civil servants who use our spaces. To ensure that we are always recruiting and retaining a diverse mix of talent, we are particularly inviting applications from candidates who are disabled, ethnically or gender diverse, and people who identify as being part of the LGBTQ+ community. Join our dynamic and diverse team that leads with purpose, improving sustainability, nurturing social value, driving inclusivity and flexibility, and kickstarting economic growth. We are driven by purpose, and you can be part of it too: where you make a meaningful impact; where you influence; where your voice really matters; where you help to shape our future direction. The Chief Investment Officer (CIO) will play a critical role in strategically managing the UK Government Property Agency’s (GPA) extensive property portfolio. The CIO will ensure optimal performance, profitability, and strategic alignment of the property assets in accordance with the GPA\'s mission and objectives. As a member of the Executive Committee (EXCO), the CIO will contribute to the overall leadership and strategic direction of the agency. This is a pivotal and highly visible role with substantial strategic, operational performance and leadership responsibilities including of the Property Management Directorate. The Chief Investment Officer (CIO) will report directly to the CEO and will be required to regularly report to the Board and the Cabinet Office sponsor function. This is a critical role accountable for the management and optimisation of the GPA’s property portfolio, investment strategies, asset disposals, and transfers, directly impacting the financial health and strategic positioning of the Agency. Key Responsibilities Portfolio Management Aligned closely with the Strategy Director, guided by the workforce planning directions from departments, the CIO will oversee the comprehensive management of the government property estate (currently focused on Offices), ensuring alignment with workforce planning and strategic goals through effective asset management and investment strategies. The CIO will support the target cost savings though portfolio rationalisation and efficiencies Investment Strategy The CIO will lead the appraisal processes and creation of Outline Business Cases (OBCs) for projects in line with best practice, such as the delivery of a new HUB, ensuring that investments are strategically aligned, commercially viable, affordable, value-for-money and deliverable. The CIO, working with CFO, will develop funding strategies for GPA developments and portfolios, working with networks and strategic partners to optimise outcomes for HMG. SR Planning and Delivery Working closely across EXCO, with particular input from the Strategy Director, the CIO will take lead accountability in the financial preparation and delivery of key elements of SR, including the HUBS Programme and London Plan, feeding into the wider SR planning, led by CFO. For as long as the SRO role remains relevant to GPA, the CIO will take that role working with IPA and providing strategic direction to the Director of Programme Management. Asset and Property Management With oversight of the Strategic Property Partner relationship, the CIO will be accountable for maintaining a complete and accurate Property Management system, with oversight of the property documentation and working with Finance colleagues to assure a seamless budgeting and billing process for departmental client partners. The CIO will also oversee the strategic asset management of the portfolio, ensuring that GPA secures the optimal commercial position across each building with third party landlords (where present), whilst optimising total occupation costs for departmental clients, through development of appropriate benchmarks. So as to maximise building utilisation, the CIO will oversee the leasing of void spaces and across, but not restricted to, departmental partners. Financial Oversight With significant P
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