At a Glance
- Tasks: Lead high-profile real estate projects across Europe from start to finish.
- Company: Global private equity real estate fund with ambitious opportunities.
- Benefits: Competitive salary, full benefits package, and attractive bonus structure.
- Other info: Fast-paced environment with exposure to multi-strategy investment structures.
- Why this job: Make a significant impact in the dynamic world of real estate development.
- Qualifications: Proven track record in delivering complex real estate projects and strong negotiation skills.
The predicted salary is between 72000 - 108000 € per year.
We are seeking a Principal - Development Manager to join a global private equity real estate fund that focuses on opportunistic real estate and platform building strategies. This role requires expertise in managing the development life cycle of a real estate asset and a track record in successfully delivering projects across Europe.
We are working with a global private equity investment platform that is delivering ambitious real estate opportunities across Europe. This is a unique chance to join their development team and lead high-value, multi-asset schemes including hospitality, prime residential, office, and mixed-use developments with GDVs ranging from £100M to several hundred million.
As Principal - Development Manager you will be responsible for the end-to-end development lifecycle, from appraisal and due diligence through planning, design, and delivery. You will work across multiple jurisdictions, managing complex stakeholder relationships and ensuring projects meet the highest standards of quality, profitability, and timely execution.
Key Responsibilities:
- Lead the full development process for high profile projects across European markets.
- Conduct appraisals, feasibility studies, and due diligence on new opportunities, including special situations investments.
- Manage planning, design, and delivery phases, ensuring compliance with local regulations and investor requirements.
- Oversee budgets, timelines, and risk management for projects with GDVs of £100M+.
- Coordinate with internal investment teams and external consultants, contractors, and advisors.
- Navigate complex counterparties and contractual negotiations in multiple jurisdictions.
- Drive value creation through strategic design, procurement, and delivery solutions.
A successful Principal - Development Manager should have:
- Track record in successfully delivering high profile Real Estate projects as a Development Manager.
- Currently operating client-side, ideally within a private equity or investment management environment, and experienced in delivering complex developments across European markets.
- Ideally previously managed special situations projects, including distressed or transitional assets.
- Strong commercial acumen with ability to manage budgets, contracts, and risk.
- Excellent stakeholder management and negotiation skills.
- Comfortable working in a fast-paced, entrepreneurial environment with exposure to multi-strategy investment structures.
A competitive salary, full benefits package and very good bonus structure.
Principal - Development Manager in City of London employer: Michael Page
Join a leading global private equity real estate fund that champions innovation and excellence in the development of high-value projects across Europe. As a Principal - Development Manager, you will thrive in a dynamic work culture that prioritises collaboration, professional growth, and impactful contributions to ambitious real estate ventures. With a competitive salary, comprehensive benefits, and a rewarding bonus structure, this role offers a unique opportunity to shape the future of real estate while advancing your career in a supportive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Principal - Development Manager in City of London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join relevant groups on LinkedIn, and don’t be shy about reaching out to former colleagues or industry contacts. You never know who might have the inside scoop on job openings.
✨Showcase Your Expertise
When you get the chance to chat with potential employers, make sure to highlight your experience in managing complex development projects. Share specific examples of how you've successfully navigated challenges and delivered results. This will set you apart from the crowd!
✨Prepare for Interviews
Do your homework before interviews! Research the company’s recent projects and be ready to discuss how your skills align with their goals. Practise common interview questions, especially those related to stakeholder management and risk assessment, so you can answer confidently.
✨Apply Through Our Website
Don’t forget to check out our website for the latest job openings! Applying directly through our platform not only streamlines the process but also shows your genuine interest in joining our team. Let’s get you that dream job!
We think you need these skills to ace Principal - Development Manager in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Principal - Development Manager role. Highlight your experience in managing the development life cycle and any successful projects you've delivered across Europe. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Share specific examples of your past achievements in real estate development and how they relate to the responsibilities outlined in the job description.
Showcase Your Stakeholder Management Skills:Since this role involves managing complex stakeholder relationships, make sure to highlight your experience in this area. We love seeing examples of how you've navigated negotiations and built strong partnerships in previous roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Michael Page
✨Know Your Projects Inside Out
Before the interview, make sure you can discuss your past projects in detail. Be ready to explain your role in the development lifecycle, the challenges you faced, and how you overcame them. This will show your expertise and give the interviewers confidence in your abilities.
✨Understand the Market Landscape
Research the current trends in the European real estate market, especially in sectors like hospitality and mixed-use developments. Being able to discuss recent developments or shifts in the market will demonstrate your knowledge and passion for the industry.
✨Prepare for Stakeholder Scenarios
Think of examples where you've successfully managed complex stakeholder relationships. Prepare to discuss how you navigated negotiations and ensured all parties were satisfied. This is crucial for a role that involves multiple jurisdictions and counterparties.
✨Showcase Your Commercial Acumen
Be ready to talk about how you've managed budgets and risk in previous projects. Use specific figures and outcomes to illustrate your success. This will highlight your strong commercial acumen, which is essential for the Principal - Development Manager role.
