Business Development Manager - commercial real estate

Michael Page (UK); Greater London; On-site; GBP 70,000 - 120,000; Full time

Job summary

A leading recruitment agency is seeking a Business Development Manager to attract long-term tenants for a technology studio. The successful candidate will hold a degree and have 5-10 years of experience in commercial real estate sales, ideally with a proven track record in business development. This role offers a competitive salary of £70-120k plus commission, a supportive work culture, and significant career progression opportunities. Applicants should possess strong commercial acumen and proficiency in English.

Benefits

Commission on sales

Career progression opportunities

Fantastic working culture

Qualifications

• 5-10 years of relevant experience in selling commercial real estate.
• At least 3 years in a proven business development role.
• Strong commercial and numerical ability.

Responsibilities

• Identify and secure long-term tenants for the Studio.
• Develop value propositions to attract tenants.
• Lead negotiations and manage the leasing process.

Skills

Business development in technology

Commercial real estate sales

Market research

Proficient English language skills

Excel competency

Education

Degree from a reputable institution

Relevant post-graduate degree (e.g. MBA)

Job description

• exposure to family office investment environment
• experience with selling long-term corporate real estate letting

About Our Client

My clients operates in the international art and tech sphere. A leader in innovation, they are always at the head of the curve of the changing media and technology landscape. Historically, they have been involved in a combination of building and backing companies, having been involved in more than 60 start-ups and ventures that have become household names, including lastminute.com, Ocado, Shazam.

Job Description

Key responsibilities will include:

• Identify, target and secure long term tenants to consolidate the technology film cluster at the Studio
• Develop a clear value proposition and supporting material to attract the desired tenants to the Studio
• Manage property-specific advisors to the Studio that have been engaged to aid the Studio with securing tenants
• Lead on negotiations of commercial terms with prospective tenants and manage the end-to-end leasing process, through to contracted agreements (including handling enquiries, conducting viewings etc.)
• Proactively source potential tenants through industry networking, event attendance and targeted outreach and perform market research to determine the pricing and offering that will attract the desired tenants
• Market and promote the Studio's long term tenant proposition through appropriate channels
• Collaborate with the Studio team to ensure tenants are well-integrated into the studio community
• Report regularly to senior management on commercial performance, including occupancy rates, pipeline and market trends

The Successful Applicant

The successful candidate will have the following:

• Degree from a reputable institution
• A relevant post-graduate degree (e.g. MBA) would be beneficial
• 5 -10 years relevant experience - ideally with selling commercial real estate
• At least 3 years in a proven business development role
• Business development experience in technology, media or commercial property would all be advantageous
• Strong commercial and numerical ability with demonstrable ability to use excel competently.
• Proficient English language ability and well-developed business writing skills
• Proven competence in company and market research
• A demonstrated ability of hands-on value creation

What's on Offer

Basic salary - £70-120k (depending on experience) + commission
4 days/week in the office
Fantastic working culture and career progression opportunities