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The Real Estate Recruitment Review – ‘A Positive Run Up to the End of a Highly Turbulent Year’

Anna Boiling | Cobalt Recruitment

Article posted by Anna Boiling

​The ‘new normal’ is starting to feel like ‘second nature’ and it’s amazing how quickly the world has adapted, leaving people growing with confidence. In our world, we have seen the real estate recruitment market bounce back after a relatively quick recovery, following the reopening of the high street in July, as well as many offices.

As a real estate recruitment agency, we have seen a flurry of new requirements from July to August and we have had one of our busiest summers. This has been for a number of reasons; real estate roles we were recruiting for pre-lockdown have come off hold and spring hiring plans have been delayed until now. We are extremely excited for September to December, as this is usually our busiest time of year. It's the best time for clients to hire new starters for the New Year. The New Year marks the perfect beginning for a fresh start, so this is a fantastic time to plan for 2021.

We have seen a pattern in the real estate roles we are recruiting for and it shows which job positions are more resilient than others. As a candidate, this is an important factor for you to take into consideration when looking for your next career move, whether you have been made redundant or are seeking a new challenge within the real estate industry.

These real estate roles tend to be orientated around reducing risk and putting together strategies that will add value to existing portfolios. These will range from client-side/ principal side, to agency/ consultancy positions and include Property Management, Asset Management, Fund/ Portfolio/ Investment Analyst and Valuation job roles. Working as real estate recruiters, we have seen some growth in Investment/ Acquisition and Development positions, but these are for very capitalised organisations that will be taking advantage of distressed assets and redevelopment.

The retail market was vulnerable pre-COVID and this has accelerated its downturn. However, we have seen a number of strategic job roles appear from the retail and shopping centre clients. These clients are looking to redevelop their shopping centres or high streets, expanding their tenant mix into leisure, so this is an exciting option for candidates with strong backgrounds in retail and leisure careers.

I think we can all agree that we are looking forward with a positive mindset and are keen to live life to the full, (even if it is along-side Covid-19).

We’re here if you need help defining a role or brief, specialist insight to help shape your ideas or expert help with your recruitment process. Just get in touch to arrange a conversation with one of the team or if you’re ready for us to find the perfect person for you, send us your brief.

If you’re looking for your ideal job send your CV to us to get started or search for the latest job vacancies and we’ll get the ball rolling.