Accelerating Careers in Real Estate

This evening I am joined by Roger Madelin CBE, Head of British Land’s Canada Water masterplan and former CEO of Argent and the chief visionary for Kings Cross. Roger and I discussed his earliest career from contractor to developer, the struggles he faced with a scheme like Kings Cross, what drives him and motivates him. He has a true passion for what he does and an incredible engine and confidence that he was on the right path with Kings Cross well before others saw the same vision. What I found fascinating was talking to Roger he has reached some dizzy heights in terms of titles and responsibilities but had no problem sharing and ultimately relinquishing these titles as he concentrated on his passions: the projects and the impact these have on the people in them.

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This evening, I am joined by Tom Redmayne, Managing Director & Head of Europe at Industrious. Industrious began its journey as a co-working, flex office operator in 2013 opening its doors in Chicago and today it has 160 locations globally. Whilst flex is very much a fresh concept in real estate, it is almost a homecoming for Tom to return to real assets after leaving Cushmans in 2015 he joined one of the pioneers of the proptech boom Wired Score spending 8 years with the business in the UK, Ireland and New York.

We explore his remarkable journey through the real estate and technology sectors. From the initial steps out of university into uncertain territories to leading roles at WiredScore and now Industrious, Tom shares invaluable insights into navigating career pivots, embracing technology in real estate, and the pivotal moments that have shaped his career trajectory.

"Honestly, they (early years in the real estate market) were a bit of a disaster." A candid revelation of the initial setbacks and the steep learning curb in the transition from academics to professional life. - "I've always been fascinated by technology... But it wasn't actually until I met a lady called Juliette Morgan... that I really realized how real estate and technology could interact." Highlighting the lightbulb moment that propelled him into the intersection of real estate and technology.

Tom's narrative is not just a roadmap for burgeoning professionals in real estate and tech but also a testament to the dynamism of the professional landscape, emphasising adaptability, continuous learning, and the importance of mentorship. Join us as we unravel the lessons from Tom Redmayne's journey — insights that resonate far beyond the thresholds of real estate, echoing in the realms of entrepreneurship, leadership, and personal growth.

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This evening, I am joined by Geoff Willetts, Chief Operating Officer, Europe at Lendlease.

Geoff has had a career seemingly strapped to a rocket that has intertwined several industries not just property and construction, but unique to this podcast Geoff is NOT the person getting the building designed, built or occupied he has had a very different role which I will let him explain....

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Key takeaways

In this insightful podcast transcript featuring Geoff Willetts, COO of Lend Lease Europe, and hosted by Nick Carman, several key takeaways emerge:

1. Adaptability and Seizing Opportunities: Geoff's journey from New Zealand to the UK underscores the importance of adaptability and seizing opportunities that come your way, even when initially fighting for recognition.
2. Core Skill Set and Competency: In the early stages of his career, Geoff focused on developing a core skill set and demonstrating his competency in that area. This approach helped him gain recognition within his organization.
3. Networking and Cross-Industry Connections: Networking, even across industries, played a pivotal role in Geoff's career growth. Building connections with the right people can open doors to new opportunities.
4. Resilience and Strategic Thinking: Geoff's story highlights the power of resilience and strategic thinking in navigating challenging situations and accelerating a successful career in real estate.
5. Diverse Experiences: Geoff's career spanned various industries and roles, including strategy, M&A, commercial, and leadership positions. Embracing diverse experiences contributed to his growth and adaptability.
6. Consider Options Thoroughly: When facing career or business decisions, Geoff recommends considering various options thoroughly and understanding the implications of each. Write down clear bullet points to help make informed choices.
7. Effective Communication: Tailor your communication to your audience's needs. Sometimes, simplifying complex information can be more effective in conveying recommendations.
8. Learn from All Experiences: Regardless of whether a decision turns out differently, focus on learning from the experiences and making the most of the decisions you've made. Geoff's journey demonstrates the value of adaptability, strategic thinking, networking, and continuous learning in accelerating a successful career in real estate or any field.

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This evening, I am joined by Emma Osmundsen, CEO of Sixty Bricks. Emma was appointed as its Chief Executive in January 2023, having joined Sixty Bricks from Exeter City Living. Raised in Wales with Norwegian roots, Emma has more than 25 years in the construction industry and is one of the leading global voices in the development and delivery of low-energy, healthy and climate resilient homes and buildings.

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Please keep your questions and voicenotes coming. It is best to contact me on LinkedIn

Emma's journey underscores the significance of perseverance, finding purpose, and prioritizing the impact of one's work on communities while facing personal and professional challenges.

1. Passion for Innovation: Emma's drive and energy fueled her ambition to push boundaries, delivering groundbreaking projects like the world's first Passive House, Climate Ready, Building Biology Compliant Leisure Centre.

2. Challenges as a Pioneer: As a disruptor in her field, Emma faced resistance and discomfort from those not aligned with her vision. Achieving recognition and success sometimes led to jealousy and insecurities among peers.

3. Transitioning to New Challenges: Despite her significant achievements in Exeter, Emma felt the need for a change. She sought a new challenge and ultimately joined Sixty Bricks, driven by the desire for a fresh start and new ambitions.

4. Ambitions in New Role: Emma aims to scale up innovative housing solutions, making them accessible and equitable across social and private housing sectors. Her goal is to demonstrate that building better homes is feasible and financially viable.

5. Navigating Public Sector Challenges: Running a local authority development company presents hurdles like bureaucratic processes, differing risk appetites, and aligning shareholder ambitions. Emma believes these companies are part of the solution to housing crises but require better understanding and alignment with the public sector.

6. Finding Purpose and Resilience: Emma emphasizes the importance of discovering one's purpose. Her personal battle with cancer reinforced her belief that being in a supportive environment allows individuals to navigate challenges, contributing positively to the workplace.

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In this episode I sit down with Galyna Permyakova, Director of Real Estate Development for Patrizia, Netherlands. Galyna is Ukrainian born, who started her career in international law, transitioning to finance to be a hedge fund manager for the largest dutch pension fund before making her move to real estate establishing the offices of Greystar in Holland and on to Patricia to establish their local development team. Galyna makes light work of these transitions and the extents to which she studied to facilitate these opportunities by completing 5 masters, (2 simultaneously) as she saw this being the best way to open these doors. Its an inspiring story of someone who felt they needed to prove she was better than the local, more convenient candidate. She has accomplished all this alongside being an active member of the ULI and now Chairs their NEXT committee focused on the ages of 35-45. An extracurricular role she is quick to credit to playing a big part in her career development.

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ULI

The Accelerating Careers Podcast is in Partnership with Urban Land Institute. We want everyone to benefit from our combined communities and as such if you wish to find out more about the ULI and its benefits visit: www.uli.org/join remembering to use the promo code ACRE.

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