Issue 10: Ramblings of a recruiter in Real Estate

Issue 10: Ramblings of a recruiter in Real Estate

Issue 10: Ramblings of a recruiter in Real Estate

January is well underway, it is now inappropriate to be wishing “happy new years” to colleagues and associates so time we got the year underway it seems. Lots to report from the world of real estate recruitment, our latest edition of the UK's largest real estate careers pod Accelerating Careers and some news from the opportunities in real estate development.


We closed the Macdonald & Company annual salary, rewards and attitudes survey last week – we received 16,754 responses! Over the course of the next couple of weeks, we will be poring over the responses and compiling this data into our bespoke reports and free executive summary. The bespoke reports are intended for employers to be best prepared for benchmarking salaries and rewards for 2023. Whilst the free reports will include headlines intended to help individuals to better understand how their rewards compare to the industry averages. I will have lots more information in 2 weeks' time.


January at Macdonald & Company HQ has been buoyed by us moving offices and seeing colleagues again, but also by the fact that the real estate market continues to be in need of talented professionals to drive forward real estate investment.?61.8% of our survey respondents expect their employer to face a skills shortage in 2023. The landscape is changing and as referenced in my previous writing there is now greater demand for senior and executive hiring than we saw in 2022.


If you are considering moving careers in 2023 there are some things you can get in place to make the transition as smooth and rewarding as possible. Approach the process like you would any major decision in your day job – make time for it, don’t expect the highest results from the minimum effort. Find time to really consider what is important to you in a new role, take time to commit your greatest achievements to paper first in the form of your CV and second as part of your story when you meet prospective employers. Being accurate but also compelling in how you tell this story has never been more important with the frequency of first meetings now happening by video call – you have less introduction and likely?less time to set your stall out, so make sure it stands out. Next, think about the types of roles and organisations you feel most confident to thrive in, ask yourself "how many of these are in my network at the moment?"?According to results of our survey in 2022 more than 2/3 of respondents found their new job using a recruitment partner?– but no matter how you extend your immediate network you need to think strategically about how it will achieve your goal.


Episode 70 of the Accelerating Careers in Real Estate podcast is now live! In this episode, I get to sit down with James Sheppard , UK & I Managing Director of Kadans Science Partner . Life sciences has been a real darling of the real estate investment market during 21+22 and this is set to continue in 2023 and onwards. So what a great start to the recordings of 2023 to hear from one of the most prolific developers of life science real estate in the UK.

The development team at Macdonald & Company London office have been very active in recent weeks across commercial, residential, life sciences, later living, BtR, logistics and even retail. If you are considering a new opportunity in development no matter your skill set or level of experience we will want to hear from you.


  • Director of Construction, Residential Development £150,000 per annum
  • Director of Development, Commercial / Life Science Development £130,000 to £160,000 per annum
  • Senior Development Manager, Acquisition and Planning focused £95,000 to £110,000 per annum
  • Senior Project Manager, Commercial development £95,000 to £120,000 per annum
  • Development Manager, Later Living development £65,000 to £75,000 per annum

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