We are delighted to be retained by Meyrick Estate Management (‘MEM’) in the mandate for a newly created Managing Director, role. MEM is the management company for a group of family-owned entities which holds extensive real estate assets in 2 UK geographies:
- The Gervis Meyrick Estate on the East Cliff of Bournemouth which is a mixed reversionary/in-hand estate of c.120 buildings comprising primarily residential, hotels (c.2,000 rooms), other leisure assets and beach/foreshore.
- The Hinton Admiral Estate which sits between the BCP city area and the New Forest and which is a mixed reversionary/in-hand estate comprising rural, commercial, residential, leisure, quarrying and renewable energy assets.
- The Bodorgan Estate on Anglesey which is a mixed reversionary/in-hand estate comprising rural, residential, leisure, quarrying and renewable energy assets.
As the company looks to revitalise its asset base, including the refurbishment of multiple properties with a particular emphasis on hotels and residential, now is deemed the appropriate time to bring in an extremely accomplished and seasoned property professional to work alongside the Chairman and Board in the delivery of operational modernisation, organisational excellence and revitalisation of the Bournemouth Estate.
The Role
- To lead and manage MEM and its teams, forging a close relationship with the Chairman whose wish is to become increasingly relient upon this individual
- Develop a rapid and comprehensive understanding of the complex organisation, its people and culture
- To build a professional, efficient and evolving management organisation which will include establishing comprehensive financial and operational performance targets
- To ensure that MEM are in a thriving financial condition
- To lead on all day to day, strategic asset management, refurbishment and letting activity
- To enable open and collaborative communication across MEM and ensure that everyone has commitment to the companys core values, objectives and standards
- Build and maintain effective relationships with key stakeholders including external advisers, family members and local bodies
The Person
- It is essential that you have a proven track record in senior level leadership within the real estate sector.
- You may already operate at C-Suite or be seeking that next level opportunity. What is key however is that you can bring about meaningful change to deliver cultural, organisational and commercial harmony
- We seek an individual who understands how to creatively and consistently drive value from a mixed, largely value add, real estate portfolio
- You will be an advocate of implementing systems, process and monitoring structures which in turn bring consistency and clarity across a business platform
- You will need to be commercial, resilient, determined, numerate, a strong communicator and be seeking a role which will bring you real challenge, opportunity and responsibility.