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20 Sep 2023

Residential Development Fund Deal Maker at Macdonald & Company

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Job Description

Our unparalleled knowledge of the real estate industry, global connections and service levels mean we are trusted advisors to the very best in the industry. Our specialist teams act for every class of organisation owning, occupying, financing or advising on real estate, construction and engineering – developers, investors, institutions, funds, banks, consultancies and contractors. Our high standards, professionalism and confidential service have led us to being appointed by the Royal Institution of Chartered Surveyors (RICS) as their preferred recruitment partner for over a decade. Macdonald & Company is a subsidiary of the London Stock Exchange quoted Prime People PLC.

Responsibilities

  • Boasting a long track record of success in Southern Africa, our client has raised and closed various funds in the affordable housing space which has produced over 10,000 homes across 3 countries. Partnering with international DFI’s, private investors and sovereign wealth funds, they finance the development of energy efficient and technically progressive housing communities. Their Kenyan fund is well underway and is set to deliver 500 units to the market in the next 2 years, with additional capital exists to deliver significantly more over the next 5 years. The fluidity of their structure, coupled with the ‘lean and mean’ operational set up has positioned them to act decisively. Currently they are on the lookout for a similarly pragmatic deal maker to be based in Nairobi, to be responsible for sourcing, negotiating, packaging, presenting and tracking local property investment and development opportunities.
  • Whilst you will have the construction experience to understand the technicalities of each project, you will also possess the commercial skills to negotiate the kind of terms which are attractive to both developers and investors from both a risk and return perspective.
  • Responsible throughout the development phase via your development partners, it is imperative that you are aware of variables associated with the building process, although the key focus is ensuring that you achieve annual investment targets and required returns on projects
  • Duties will include the monitoring and reporting on live or pipeline projects, adhering to investment parameters and maintaining close relationships with all stake holders both externally and internally.
  • This opportunity would suit an outgoing individual with close attention to detail, who has a stable track record and exceptional financial skills.
  • A minimum of 5 years’ experience in a similar role will necessary, to be coupled with a relevant degree and a deep network of contacts in the Kenyan market.
  • Salary negotiable depending on experience level.

Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 30 September. 2023




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