Commercial Real Estate Graduate

How long: 2 years

Where: Victoria Station House, London 

Hybrid working - Initially, you will be expected to be in the office 4 days a week, working 1 day at home. With agreement from your Line Manager and Placement Manager, you may be able to increase the number of days working from home.  

Salary: £31,000 rising to £32,250 in year 2

What you'll need

A Royal Institution of Chartered Surveyors (RICS) accredited undergraduate degree (minimum 2:2) or a RICS accredited Masters. 

What you'll be doing

Your two-year development programme will be made up of three placement rotations. Our aim is to equip you with the range of skills and experience you need for your successful career.

We also understand that everyone's career is different, so every graduate's journey is unique. Here is an idea of what yours could look like (but other placements are available):

Placement 1 - Commercial Property Management - 8 months

Focused on the renewal of excluded and protected leases, you will be undertaking the rent reviews, lease assignments, licences to alter, inspections and measurements. You will also maintain and observe the Health and Safety regulations and manage the maintenance of the building using a service charge budget.

Placement 2 - Operational Property - 8

Depending on your chosen APC competencies, you may gain experience in rating or compulsory purchase orders (CPO). In addition, you will liaise with third party surveyors on dilapidations, service charges, inspections, and measurements. You will get the unique experience of acting as agent for both landlord and tenant.

Placement 3 - Property Development - 8 months

You will carry out development appraisals, including carrying out inspections and measurements for the purpose of valuation. A primary role will also involve working within planning regulations and policies. You will receive training on the valuation tool Argus.

All graduates start their programme in the Commercial Property or Asset Management team. Following placements will be mutually agreed to ensure you gain experience on the widest possible range of technologies, tools, and teams. While there may be an opportunity to complete a placement with the ESG team, sustainability will be central to the delivery of all your work in Places for London.

Where this career can take you

Property provides a fantastic opportunity to make a difference using your own skill set. There are many avenues to pursue and a myriad of options depending on the choices you take and the work you choose to get involved with. At TfL, we provide the opportunity to gain qualifications and develop a career in the property world through our diverse teams.

Upon successfully completing the graduate scheme, you will join one of the various property teams within Places for London. There you will be supported to pass your RICS APC and gain your chartership.

Successful graduates will work towards becoming a Senior Surveyor or Development Manager and will be developing their leadership, technical and professional skills through on-the-job training.