About the Role

The VP, Global Real Estate & Facilities Management (GRE&FM) will set the direction for the function and lead a global team of Real Estate professionals. The role will report directly to the Head of Services function.

Primary focus areas of the role include:

• Lead, develop and support the Thomson Reuters GRE&FM team and external partners with the mission of providing a modern, productive and efficient workplace.
• Partner with business leaders, Business Development (M&A), operational partners (People, Risk & Resilience, Technology and Finance) and other cross-functional stakeholders to understand and align requirements.
• Drive excellence and consistency in Real Estate, Facility Operations and Workplace Design.
• Lead development of Real Estate and Workplace strategies that support a dynamic business.
• Participate and lead in the development of the Services business function as a member of the senior leadership team.

Key Responsibilities

People Leadership:

• Provide leadership, mentorship and strategic direction to a high-performing team of senior real estate professionals, fostering a culture of excellence and innovation.
• Lead and inspire cross-functional teams to deliver complex real estate projects, ensuring alignment with corporate goals and industry best practices.
• Foster a collaborative environment that encourages open communication, knowledge sharing, and professional growth among team members and stakeholders.

Real Estate Strategy:

• Partner to develop and execute the real estate strategy and planning for financial, employee and business optimization.    
• Review and analyze market trends, operating expenses, business requirements, space utilization, and other factors to support portfolio effectiveness.
• Lead due diligence analysis on real estate transactions including but not limited to, acquisition, divestiture, leases, sale leasebacks and terminations; management of lifecycle of physical assets including lease administration.
• Critically evaluate the tradeoffs between cost savings, standardization and flexibility as the company continues to grow both organically and through acquisition.

Facilities Management: 

• Oversee and govern global facility management standards and execution. Engage and partner with the external service providers that are contractually responsible for delivering these services.

Project Management:

• Lead and partner on the execution of capital projects tied to real estate transactions and facility investments.
• Utilize Global Design Standards for consistency and project efficiency.

Real Estate Transaction Management:

• Partner with the businesses to determine requirements.
• Engage with Workplace Solutions for collaborative review of internal Thomson Reuters portfolio options for potential collocation opportunities.
• Engage real estate service provider(s) to develop market options
• Lead the identification of design needs and project costs, and report back to business the recommended option. 
• Exhibit financial acumen to strategically make decisions, engage in negotiations, evaluate issues and propose solutions.

Workplace Strategy:

• In partnership with other internal stakeholders, develop and implement innovative workplace strategies to optimize experience, productivity and ensure Thomson Reuters competitiveness.
• Maintain strategies and standards, while coordinating across the different regions and with capability guidelines. 

Process Management:

• Lead the development and utilization of the real estate transaction approval process globally.  
• Develop business case methodology for implementing property transactions working directly with other GRE&FM leaders to execute real estate strategies. 

Database Management:

• Lead the development and utilization of global data to make real estate decisions.

Reporting, Lease Audits & Tax Appeals:

• Develop and support global reporting requirements with a focus on identifying cost saving initiatives.  

Acquisition and Disposition: 

• Responsible for real estate related acquisition due diligence activities. This includes site reviews, lease analysis and determination of financial, operational, and environmental risks and opportunities required as part of overall M&A process.
• Post acquisition, this role will lead and manage activities to successful conclusion.

About You

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