Property Lead

Ocado Retail Ltd; Hatfield; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading online supermarket is seeking an experienced Property Lead to manage the property portfolio. This role is critical for developing and executing property strategies, leading a high-performance team, and ensuring legal compliance. Candidates should possess extensive experience in commercial property management, particularly in the retail or logistics sectors. Exceptional leadership and negotiation skills are essential, along with a professional qualification. The position offers competitive benefits and a hybrid work model.

Benefits

Private medical insurance

Annual bonus scheme

Hybrid working

Free breakfast

Pension contributions

Qualifications

• 8+ years of experience in a senior leadership role managing a diverse property portfolio.
• Essential professional qualification, such as FRICS or MRICS.
• Expert-level knowledge of commercial property law and health & safety compliance.

Responsibilities

• Define, develop, and execute the long-term property strategy for the company.
• Lead the internal property team and external consultants to drive performance.
• Manage the acquisition of new operational sites for business expansion.

Skills

Strategic Planning

Leadership

Commercial Acumen

Stakeholder Management

Legal Knowledge

Education

Professional qualification (FRICS/MRICS)

Job description

Vacancy NameProperty Lead

Vacancy NoVN1181

Job TypePermanent

LocationHatfield

Job Details

Property Lead

Contract type : Permanent

Location : Hatfield (Hybrid working - 3 days in the office)

Working hours per week : 40 hours

Level : Lead

Application Closing Date : Monday 5th January 2026

About us

Our mission is to deliver joy in every shop, through unbeatable choice, unrivalled service, and reassuringly good value.

We’re Ocado Retail , a market-leading joint venture between Ocado Group and M&S, and the world’s largest dedicated online supermarket, . Not only is Ocado.com the only place to shop a full range of M&S food online, it’s also the home to the widest online supermarket range in the UK and champion of small, independent brands. We’re also the brains behind , our same-day grocery delivery service.

About the team and the role

The Network Development and Property team is the driving force behind capacity and responsible for developing the most efficient property network in online groceries. We play a critical role in Ocado Retail’s growth and we have the opportunity to push boundaries and make a huge impact on Ocado Retail’s profitability.

We are seeking a highly motivated and experienced Property Lead to lead the team, provide strategic oversight and operational management across our property portfolio. This vital role has accountability for all aspects of property acquisition, development and asset management.

The ideal candidate will possess exceptional leadership, a deep understanding of the commercial property market, and a proven track record in portfolio management and strategic site sourcing. You will be responsible for ensuring the physical quality, health, and safety of properties, managing property law compliance, and providing strategic advice to optimise business performance and facilitate growth through new site acquisition.

What you’ll do

Property Strategy & Leadership

• Strategic Planning : Define, develop, and execute the comprehensive, long‑term property strategy for Ocado Retail, ensuring alignment with overall business objectives and rapid growth requirements.
• Team Leadership : Lead, mentor, and manage the internal property team (including Asset Managers and support staff) and external professional consultant network, fostering a high‑performance culture.
• Executive Reporting : Act as the primary interface for property matters to the Executive and Board, providing insightful analysis, recommendations, and performance updates.
• Budget & Finance : Define, control, and deliver the annual property capital and operating expenditure budgets, focusing on value creation and cost minimisation.

Acquisition, Disposal, and Portfolio Management

• Acquisition Strategy : Lead the process for identifying, evaluating, and securing new operational sites (e.g., Customer Fulfilment Centres, spoke sites, etc.) required for business expansion, managing the entire lifecycle from initial sourcing to successful completion.
• Transaction Negotiation : Personally lead and oversee complex, high‑value property negotiations, including lease terms, freehold acquisitions, and development agreements.
• Portfolio Optimisation : Proactively manage the existing portfolio, identifying opportunities for lease restructuring, disposal of non‑strategic assets, or strategic re‑gearing to enhance portfolio value and flexibility.
• Development Management : Oversee the successful planning, execution, and delivery of major property development and refurbishment projects, ensuring timely delivery and adherence to budget.

Estate Management & Compliance

• Occupier & Landlord Relations : Direct the management of all occupier responsibilities and maintain strategic relationships with key landlords and property partners.
• Risk Management : Ensure rigorous compliance with all property law, planning regulations, health and safety legislation, and environmental standards across the entire estate.
• Operational Excellence : Implement and maintain best‑in‑class property management systems, processes, and data governance to ensure data integrity and operational efficiency.
• Cost Control : Drive substantial fixed cost savings initiatives across all property outgoings, including rates, service charges, rent, and utilities.

Who you are

• Senior Experience : Proven experience (8+ years preferred) in a senior leadership role (e.g., Head of Property, Property Director) managing a substantial, geographically diverse commercial property portfolio, ideally within the retail, logistics, or distribution sectors.
• Professional Qualification : Essential professional qualification, such as Fellow or Member of the Royal Institution of Chartered Surveyors (FRICS / MRICS), or equivalent recognised professional body.
• Acquisition Expertise : Demonstrable track record of successfully leading and executing complex, high‑value property acquisitions and disposals from a strategic and commercial perspective.
• Leadership & Management : Exceptional leadership and people management skills, with proven ability to build, motivate, and direct a high‑performing team of property professionals and external consultants.
• Commercial Acumen : Outstanding commercial and financial modelling skills, with extensive experience managing large‑scale capital and operational property budgets.
• Legal & Technical Knowledge : Expert‑level knowledge of commercial property law, planning processes, lease structures, and health & safety compliance.
• Stakeholder Management : Superior negotiation and communication skills, with the ability to influence and manage relationships effectively with senior internal stakeholders and external developers / landlords.

What’s in it for you

By joining Ocado Retail, you’ll have the chance to experience life at the world’s largest online retailer, work with an amazing bunch of people who challenge what’s possible each day, and grow your skills and career in online retail.

If that’s not enough to tempt you, you’ll also get access to loads of great benefits to sweeten the deal. Here’s a taste of what we offer :

Health & Wellbeing : Private medical insurance with option to add your family, Digital GP appointments, market‑leading family policies, mental health support, discounted gym memberships, dental insurance, and more.

Spend & Save : Annual bonus scheme split between personal and business objectives, recognition with reward platform, up to 7% matched pension contributions, 15% Ocado discount, 20% M&S discount, free breakfast every day in the office, electric vehicle leasing scheme, and free shuttle bus from Hatfield station to the office.

Never miss the moments that matter : Hybrid working, 26 days holiday plus 8 flexible bank holidays, options to buy extra holiday, 2 weeks work from anywhere, and lifestyle break opportunities.

Our Hiring Process

Lucky for us, we receive a high volume of applications and genuinely appreciate the time and effort invested by every candidate. To ensure a fair and thorough process, every application is reviewed by a member of our team. If your skills and experience are a strong match, a Talent Partner will contact you to discuss the role and guide you through the next steps of our hiring process.

Your Application and AI

In the spirit of innovation, we welcome you to use AI tools in your application, just as we use them in our own business at Ocado Retail. However, as you leverage this technology, please don’t lose sight of the most important element : your unique self. Your experiences, passions, and personality are what truly set you apart. Ensure that your application still authentically conveys who you are and why you’re a great fit for us.

Everyone’s welcome