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- Tasks: Support legal transactions and manage development projects across Europe.
- Company: Join Realty Income, a leading global real estate investment trust.
- Benefits: Competitive salary, career growth, and dynamic work environment.
- Other info: Opportunity to work in a vibrant office at 3 St. James’s Square.
- Why this job: Be part of a rapidly expanding team making impactful real estate decisions.
- Qualifications: Qualified Solicitor with experience in real estate development transactions.
The predicted salary is between 60000 - 80000 ÂŁ per year.
Realty Income (NYSE: O), an S&P 500 company, is a real estate partner to the world's leading companies. Founded in 1969, we invest in diversified commercial real estate and have a portfolio of 15,600 properties in all 50 U.S. states, the UK and six other countries in Europe, with a gross book value of $58bn. We are known as "The Monthly Dividend Company” and have a mission to deliver stockholders dependable monthly dividends that grow over time. Since our founding, we have declared 656 consecutive monthly dividends and are a member of the S&P 500 Dividend Aristocrats index, having increased our dividend for the last 30 consecutive years.
You will be joining one of the largest Real Estate Investment Trusts in the world as we rapidly expand into the UK and European markets, including moving into new offices at 3 St. James’s Square. The European portfolio, including the UK, has experienced consistent growth quarter-on-quarter since our first international acquisition, a £429m 12-property portfolio from Sainsbury’s in 2019. In just five years the portfolio now includes investments of over $11bn, and 483 distinct properties.
Our expansion into Europe is well underway, and with a portfolio of several $ billions of assets acquired in the UK and in Europe, we need your contribution to continue to build and expand our international portfolio with a particular focus on real estate development projects.
Key responsibilities:- Supporting Senior Legal Counsel in driving the execution of complex development transactions and joint ventures across different European geographies;
- Working closely with Senior Legal Counsel in relation to deal structuring and negotiating offer letters and heads of terms;
- Coordinating legal and technical due diligence exercises by external advisors and reviewing and reporting on their findings;
- Instructing and managing external counsel in relation to drafting and negotiating development and joint venture documents;
- Reviewing and approving project documents including construction contracts, agreements for lease, leases, funding documents etc.;
- Reporting to and advising the project company board on legal issues;
- Assisting with the coordination of monthly funding processes for ongoing developments;
- Individually managing projects with accountability for delivering the business objectives in a timely fashion;
- Potential opportunities for involvement with real estate acquisitions and sale and leaseback transactions.
- Minimum 2:1 undergraduate degree.
- Qualified Solicitor (England & Wales).
- At least 3-6+ years’ post-qualification development focused legal experience in the real estate department of a City or US law firm or a real estate focused investment fund or a real estate developer.
- Experience in negotiating and closing real estate transactions including development projects.
- Familiarity with different investment structures and JV arrangements.
- Highly effective written and verbal communication skills.
- Adept and proficient at advanced legal document drafting and negotiating.
This role is subject to enhanced compliance and disclosure requirements consistent with those of a financial services organization.
Legal Counsel - Development employer: Realty Income Corporation
Contact Detail:
Realty Income Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal Counsel - Development
✨Tip Number 1
Network like a pro! Get out there and connect with people in the real estate and legal sectors. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching Realty Income and its recent projects. Show us you’re genuinely interested in our mission and values. Think about how your skills can contribute to our expansion in the UK and Europe, and be ready to discuss specific examples from your experience.
✨Tip Number 3
Practice your negotiation skills! As a Legal Counsel, you’ll need to demonstrate your ability to negotiate complex deals. Role-play with a friend or mentor to get comfortable discussing terms and navigating tricky conversations.
✨Tip Number 4
Don’t forget to 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 serious about joining our team at Realty Income. Let’s make it happen!
We think you need these skills to ace Legal Counsel - Development
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Legal Counsel role. Highlight your relevant experience in real estate development and any specific projects you've worked on that align with our needs. We want to see how your background fits into our dynamic team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills can contribute to our expansion in the UK and Europe. Keep it engaging and personal – we love to see your personality come through!
Showcase Your Communication Skills: As a Legal Counsel, strong communication is key. In your application, demonstrate your ability to convey complex legal concepts clearly. Whether it's through your CV or cover letter, make sure we can see your knack for effective communication right from the start.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Realty Income Corporation
✨Know Your Stuff
Make sure you brush up on real estate law and development transactions. Familiarise yourself with the key legal documents and processes involved in development projects, as well as any recent trends in the UK and European markets. This will show your potential employer that you're not just a good fit, but also genuinely interested in the role.
✨Showcase Your Experience
Prepare to discuss specific examples from your past work that demonstrate your ability to manage complex deals and negotiate effectively. Highlight any experience you have with joint ventures or development management agreements, as these are crucial for the role. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Ask Smart Questions
Come prepared with insightful questions about the company's expansion plans and how the legal team supports those initiatives. This not only shows your interest in the role but also your understanding of the business's strategic goals. It’s a great way to engage with the interviewers and demonstrate your proactive mindset.
✨Be Personable and Professional
While it's important to be professional, don't forget to let your personality shine through. Building relationships is key in this role, so show that you can communicate effectively and build trust with colleagues and external parties alike. A friendly yet professional demeanour can make a lasting impression.