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Transaction Manager
Region: Europe
Portfolio: Offices
What this job involves:
Our client's Transaction Managers execute real estate transactions to meet the client's business and occupancy needs. Working with local brokers and the JLL / client project teams, our TMs manage the entire transaction process through coordinating and tracking all tasks that are required to be completed, to ensure timely execution and advising the client throughout.
The Transaction Manager has a wide ranging role - in addition to the execution of transactions, general portfolio / estates management activities will form part of this role, as will being able to bring portfolio strategy capabilities to certain projects (if needed).
To be successful, the TM will need to demonstrate experience in managing complex projects to successful outcomes across a regional real estate portfolio, using strong Project and Programme Management skills at all times.
The ability to think strategically, "out of the box" and to demonstrate to client that they have a can-do attitude and ownership mentality will be critical.
What your day-to-day will look like:
Full execution of a wide variety of CRE transactions, including capital and lease acquisitions, sale and leasebacks and disposition transactions, demonstrating at all times, a high level of proficiency and knowledge.
Where required, provide portfolio / programme management support to certain projects, if additional portfolio strategy support is needed within the region.
Assist with the development and execution of cross-functional real estate strategies and transactions which support client's core business, plans, and objectives.
Bring a Project Management mentality to the execution of transactions.
Actively engage with the client to define objectives and agree requirements at the commencement of a transaction.
Review transaction related documents as part of due diligence process.
Gather and evaluate economic, demographic and real estate market data to support and inform all transactional activity, in liaison with local market experts and JLL Research teams.
Deploy the Best Broker Programme to ensure the best broker in the market is appointed every time, and complete an assessment of broker performance post completion.
Manage and coordinate all broker activity, ensuring performance in line with the client's expectations across all countries / regions.
Prepare and complete commission agreements with brokers.
Formulate negotiation strategies / plans, in liaison with the appointed broker.
Provide comprehensive lease cost data and other RE financial information to allow financial appraisals to be undertaken.
Have full understanding of the client's Critical Lease Terms, and seek to incorporate these into all agreements (where appropriate).
Support project team in performance of due diligence on potential new locations.
Prepare recommendation documents including reports of authorisation for recommended options and assist in securing necessary client approvals.
Prepare commission invoices in line with agreed processes.
Complete all required transaction close out activities, including full handover to Lease Administration, Project Management and Facilities Management, as appropriate.
Confidently lead project status meetings on a regular basis with cross-functional JLL and the client's teams.
Integrate and coordinate with all JLL and client functions as appropriate, demonstrating a collaborative mentality.
Liaise with the client's legal or external counsel as appropriate.
Provide regular status reports and chair calls and meetings as necessary
Demonstrate strict management of all transaction timelines.
Maintain complete record of all key transaction documents in Market App tool.
Where applicable, complete savings calculations following completion of a transaction and secure client alignment and approval.
Connect regularly (no less than monthly) with the relevant client Real Estate Managers, to review current transaction activity, pipeline activity and forthcoming critical lease events.
Manage acquisition and disposition commission flow, having regard to the
Transactions Manager in London employer: Jones Lang LaSalle Limited
Jones Lang LaSalle Limited empowers its employees to shape a brighter future in real estate, offering a dynamic work environment that fosters growth and belonging. The company values talent and provides numerous opportunities for career advancement, making it an attractive employer for those seeking to make a meaningful impact in the industry.
Contact Details:
Jones Lang LaSalle Limited Recruitment Team