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Manager, Global Real Estate


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Job Details

Company NBC Universal

Job Title Manager, Global Real Estate

Jobid 23768-363553

Location: London, GBR

Description **Job Number** 32655BR

**Job Title** Manager, Global Real Estate

**Business Segment** Operations & Technical Services

**Sub-Business** International O&TS

**Posting Category** Executive Management

**About Us** Owned by Comcast Corporation, NBCUniversal is one of the world’s leading media and entertainment companies in the development, production, and marketing of entertainment, news, and information to a global audience. NBCUniversal owns and operates a valuable portfolio of news and entertainment television networks, a premier motion picture company, significant television production operations, a leading television stations group, and world-renowned theme parks. The NBCUniversal Global Real Estate (NBCU GRE) team provides comprehensive real estate services across the full portfolio of leased and owned properties. In executing its strategic goals, NBCU GRE invests significant resources to drive strategic initiatives in addition to supporting day-to-day operations.

**Career Level** Experienced

**Country** United Kingdom

**State/Province** - -

**City** London


• This position will report to the VP International

Real Estate and Workplace, Facilities Management. It will be responsible for Real Estate Asset management / brokerage across ~70 interests in over 35 countries with activity with a geographic focus on locations outside North America.

• 70 sites, 500k sqft,

• The portfolio consists of multiple business divisions across >50 locations for our filmed entertainment and TV networks & production lines of business.

• The role can be summarised across three core delivery pillars as follows;

o Transactional (Lease) Management: negotiation and execution

o Project Initiation & Discovery: Transition to Delivery

o Drive Work Place Efficiency & Space management

Main Areas of Activity / Responsibility

Transactional (Lease) Management

• Lease: Managing lease activity from project initiation through the final execution of the lease documents including managing third-party service providers in accordance with established service contracts and NBCU GRE policies;

• Track current lease contracts and manage process for critical date actions, rent reviews, audit and effectively negotiate lease terminations, amendments, extensions as needed

• Circa 20 transactions to be managed per year.

• Working with in-house and outside legal counsel, as needed, in preparing all documentation relating to any transaction;

• Coordinate with lease administration department to ensure accurate lease documentation

• Communication & Reporting: Driving a consistent, robust and transparent portfolio management packs per line of business or geo-location.

• Contribute data & insight into the RE property investments, budgeting, forecasting, and capital management and regularly report back to senior management on the progress of initiatives and investment decisions. This should include weekly reporting on critical lease transaction / brokerage initiatives to senior mgt. & maintain current progress reports for communication

Project Initiation & Discovery

• Coordinating space sharing among the various NBCU entities, improved workplace design and utilization

• Post discovery - transition project initiation work-items to the programme delivery lead for delivery.

• Responsibility for full business case process including financial modelling and scenario planning for future capital investment

• Stakeholder Management at the Divisional CFO/ President level

• Identify and assess potential real estate strategies and opportunities that add value to the NBCU portfolio and operating divisions. Compare real estate alternatives from a qualitative, financial, timing and risk perspective;

• Proactively engage in real estate activities and identify strategic opportunities for NBCU business units while optimizing efficient space utilization practices and standards

• Proactively monitoring vacant space in the portfolio and in the market

• Responsible for development of business case and obtaining all brokerage & potential costs to help Stakeholders advance with the projects.

Work Place Efficiency / Space management

• In partnership with global WPE team start to build an programme of work place efficiency / space optimisation across the current international RE portfolio.

• Promote our corporate design guide to outline workplace and design parameters in addition to targets for efficiency and agility

• Establish a methodology and approach to measurement the success and value from these initiatives and help communicate this value to senior leaders both realised and opportunity options.


Technical Experience

• Bachelor's Degree or equivalent in Business Administration, Finance, Real Estate, or related field

• MRICS qualification strongly preferred

• Substantial direct experience in Corporate Real Estate activities including due diligence, market and property evaluations, acquisitions, dispositions, leasing, transactional negotiations and strategic planning assignments

• In-depth experience abstracting and interpreting lease language, and negotiating agreements

• Willingness to travel extensively and work overtime, and on weekends with short notice. Must be willing to work across EMEA and APAC

Business Experience & Traits

• Additional Language(s) preferred

• Recent experience of working within a media environment preferred

• Excellent proficiency in all MS Office suite applications

• Previous experience of working with SAP financial system

• Evidence of successfully handling multiple projects and budgets across various territories

• Ability to work and communicate effectively with all levels of operations and senior management

• Previous experience of fostering relationships with peers in operating functions and other matrix operational teams

• Evidence ability to develop a strong internal and external network; effectively and efficiently leveraging relevant resources

We are an equal opportunity employer, offering a great work environment, challenging career opportunities, professional training and competitive compensation. Clickto view the NBCUniversal Candidate Privacy Statement.

The NBC Owned Television Stations create and distribute engaging content that connects with a valuable audience in 10 major markets across the country. Our content platforms include: NBC Stations broadcast and COZI TV, station websites, digital out-of home, and mobile.  Through our local news operations, our lifestyle production arm LX.TV, and our local sales marketing and production teams, NBC creates content that connects communities with the people, events, and issues they care about most.

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