Transport for London profile

Commercial Real Estate Graduate Programme

by Transport for London

Job Details

Deadline: 5th December 2024
7 days remaining to apply for this job
Start Date: Monday 8th September 2025
Salary: £31,000
Length: Graduate Job
Roles: Property Management
Location: London
City: London

Commercial Real Estate Graduate Programme

What we offer

  • Free travel on the TfL network for you and a nominee who lives in the same household
  • Final salary pension scheme
  • Discounted national rail and Eurostar travel
  • 30 days Annual leave plus public and bank holidays.
  • Private healthcare discounted scheme
  • Tax-efficient cycle-to-work programme
  • Retail, health, leisure and travel offers & many more

Duration

2 years

Entry requirements

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

Proposed start date

8th September 2025

Job overview

Every day is different at Places for London. Depending on your department, you could be visiting one of our live or future housing development sites, helping to progress planning applications for new projects, agreeing new leases for tenants, liaising with consultants to accurately value our estate, or supporting our tenants on various property matters. All in all, you’ll be shaping the future of London.

As part of TfL we have been supporting over 1,500 businesses in stations, railway arches and on high streets. Through Places for London, we are working to release more of the untapped opportunity in TfL’s 5,500 acres of land, whether that is building 20,000 homes over the next 10 years, developing commercial office space above our stations, or continuing to support the small and medium enterprise businesses already on our estate.

Sustainability

Sustainability is at the heart of what we do as a property company, and we aim to lead the way in creating a more sustainable city through our places, properties, and people. We are a 5-star GRESB rated organisation and have supported nearly 5,000 people into construction training programmes. Our Sustainable Development Framework is an industry leading tool to ensure our developments are some of the most sustainable out there.

What will I 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 months

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. Whilst there may be an opportunity to complete a placement within the ESG team, sustainability will be central to the delivery of all your work in Places for London.

Where can this career take me?

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 make and the work you choose to get involved with. At TfL and Places for London, 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.

On rolling off the scheme, successful graduates could work towards becoming a Senior Property Surveyor, Development Manager or Property Manager. We support the development of leadership, technical and professional skills through structured programmes and on-the-job training.

What training and support will you get?

Our award-winning teams will support your ongoing development, through a wide range of on-the-job practical experience and placements. We will support your professional development through a combination of training, mentoring, and networking.

You will also receive one-to-one guidance throughout the programme from your:

  • Placement manager: Responsible for your day-to-day management and support with your development
  • Scheme sponsor: A senior manager who acts as a technical and professional adviser and has line manager responsibility
  • Buddy: Usually an apprentice or graduate who gives support to you and ensure that you feel welcomed in the organisation
  • Development adviser: Supports your professional development through providing career coaching and career progression at TfL
  • RICS Councillor: Provides you with professional support on your journey to achieving your RICS APC.
  • RICS Supervisor: Provides you with day-to-day support on your journey to achieving your RICS APC.

What do we look for?

Our core values are extremely important to us, and we desire candidates who are:

  • Caring about our colleagues, our customers, and our work
  • Open to each other, to new ideas and to working together
  • Adaptable to diverse needs and willing to innovate

Assessment process

You will receive support and information around each assessment stage as your progress through your application.

What Qualifications will I gain?

On joining TfL, graduates will commence training for their RICS Assessment of Professional Competence (APC) on the Commercial Real Estate pathway.

Who are Transport for London (TfL)?

We’re the integrated transport authority responsible for meeting Mayor Sadiq Khan's strategy and commitments on transport in London. We run the day-to-day operation of the Capital's public transport network and manage London's main roads.

With such a vast and varied transport network, no two days at TfL are the same but we have one key purpose: to keep London moving. Working at TfL gives you the opportunity to have a meaningful impact on London and Londoners.

‘Employer of Choice’ award for the Transport & Logistics sector by The Times

How to apply

To apply for this role and to find out more, please click on the apply button.

Please note that applications may close before the application deadline, so apply early to avoid disappointment.

7 days remaining to apply for this job

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