Description
Req ID: 55081
JOB OVERVIEW
Ontario Power Generation (OPG) is looking for a dynamic, strategic and results-driven professional to join our team in the role of Senior Real Estate Associate.
Reporting to the Director Corporate Real Estate & Workplace, this position is responsible for managing complex property transactions, supporting acquisitions and dispositions, managing real estate rights within defined portfolios and supporting senior team members with portfolio strategies including monitoring market trends.
KEY ACCOUNTABILITIES
- Acquire real estate and property rights from land owners, grant new or renewal rights to third parties occupying owned or easement properties and dispose of property and real estate rights surplus to Company requirements.
- Review and analyze market sales data, land use planning/site information and other relevant data to prepare market value estimates and other real estate reports.
- Prepare, negotiate and execute contracts and documents for a variety of real estate acquisition, management and disposal transactions within specified financial, signing authority, real estate and other policy limits.
- Establish clear negotiation options and strategies reflecting overall business objectives to effectively negotiate with third parties.
- Establish and maintain necessary business relationships with internal and external client and customer groups, and other key stakeholder representatives to ensure real estate acquisition, management and disposal strategies, options and activities meet key company business objectives.
- Keep abreast of the real estate industry, technological or Company specific trends and developments that may impact on real estate acquisition, management and disposal activities through both internal and external contacts. Provide real estate management advice, guidance and information to various internal and external clients and parties, as required and appropriate.
- Meet targeted business goals, timetables, delivery dates, etc. established for acquisition, management or disposal work programs. Ensure all legislative, governmental and Company operational, environmental and all other relevant requirements are met in carrying out real estate acquisition, management or disposal activities.
QUALIFICATIONS
- Four years of concentrated study in a related field.
- 8+ years' experience in real estate environment to understand the practical application of real estate valuation, legal and negotiating practices and procedures to acquire, manage and dispose of real estate assets and approve or reject real estate transactions.
- Experience to be familiar with the processes involved in valuing and acquiring fee or easement real estate interests in land, granting rights on owned or easement properties (e.g. licenses, leases, easements), selling properties, interpreting associated drawing, plans and surveys and preparing all associated documentation and legal agreements.
- Experience in assessing real estate proposal, developing and implementing effective transaction negotiation strategies and presenting proposals to external parties and coordinating real estate transactions from the initial proposal presentation phase, through negotiations to final documentation.
- Accreditation in professional real estate associations such as Appraisal Institute of Canada, Fellow of Real Estate Institute, and the International Right-of-Way Association, The Institute of Municipal Assessors, and The Canadian Institute of Planners preferred.
Contact
Ontario Power Generation
700 University Ave
Toronto
Ontario Canada
www.opg.com
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