Commercial Real Estate Graduate Scheme

Please note:  This role may close soon depending on the level of interest so don’t miss out!

Thank you for your interest in applying for this role.

We’d like to remind you that you must ensure you are eligible for this scheme before applying. Please read through the eligibility criteria below carefully and ensure that you are eligible before applying.

This application will also contain a series of questions to establish whether or not you are eligible. It is important that you take great care in reading and answering these questions as we will not be able to revert your application if an error is made.

Please Note:

We only allow one application for any of our Graduate schemes per year. Any subsequent applications will be withdrawn.

Commercial Real Estate Graduate Scheme

Moving London forward through thriving places.

Every day is different at Places for London, ranging from site-visits, meetings with tenants, and working on projects that will shape London.

Places for London, the TfL Property Company, is here to unlock the potential of TfL’s land to create a greener, kinder and more connected London for everyone.

As part of TfL, we have been supporting over 1,500 businesses in stations, railway arches and on high streets. At 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 spaces 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.

Salary

£32,250 per annum rising to £33,500 in the second year

Start date

6th September 2027

What will I be doing?

Your two-year development programme will be made up of three placement rotations. Our aim is to provide you with a structured training programme that will enable you to qualify as an RICS Chartered Surveyor.

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):

Asset Management - 8 months

Placement manager will be either an Asset Manager or Property Manager.

Asset Managers are accountable for the performance and direction of their assets. The professional work that will be offered within this team will include asset strategic and business planning, understanding the Profit & Loss of the asset, transactional work that includes rent reviews and lease renewals, valuations and supporting an asset manager with leasing and vacant possession strategies.

Property Managers are accountable for the operational excellence of assets and the delivery of property management services. The professional work that will be offered within this team will include day-to-day management activities, lease obligations, rent raising & collections, maintaining effective occupier relationships, oversee operational risks, inspections and measurements. You will also be expected to manage the maintenance of the assets through a service charge budget.

Property Services – 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 the landlord.

Homes Partnership & 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. Placements will be agreed to ensure you gain experience on a range of technologies, tools, and teams. Whilst there may be an opportunity to complete a placement with the ESG team, sustainability will be central to the delivery of all your work in Places for London.

Sustainability 

Sustainability is intrinsic to TfL’s work ethos, and we ensure that we operate in a sustainable way to protect and regenerate the natural world.

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 take and the work you choose to get involved with. At TfL, we provide the opportunity to gain qualifications and develop a career in the property world through our diverse teams.

The Commercial Real Estate graduate programme will provide you with the breadth of experience working across almost Asset Management and Homes, Property Development. Throughout the two-years, graduates will gain experience in Asset Management, Development, Investment, Lettings, Property Management, Rating and Valuation.

This structured programme will focus on you completing the Assessment of Professional Competence (APC) through the Royal Institution of Chartered Surveyors (RICS) to become a Chartered Surveyor.

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.

TfL is a place that’s open to your ideas. Where you can make a tangible impact and see the positive results of your work on the people and places around you. It’s a place where you can thrive and achieve. Where you’re encouraged and enabled and empowered to feel pride in the work you do. The clue is in the name, really. We work together for a better London. A better place for everyone. Constantly improving and enhancing how we operate to shape a city of the future.   

 

Inclusive recruitment process

We are committed to equality, diversity, and inclusion. We want to represent the city we serve, which will help us become a more innovative and efficient organisation. Our goal is to make our recruitment as inclusive as possible. We are a disability confident employer who guarantee an interview to any disabled candidate who meets all of the essential criteria.

Across all recruitment activity, we recognise that selection methods may vary depending on the nature and scale of the campaign and will be applied fairly, consistently and proportionately in line with our Disability Confident commitments.

In High Volume campaigns including Graduate, Apprentice and Intern recruitment the minimum criteria we set is achieving a pass mark in our first stage assessments, adopting a proportionate approach as part of the Disability Confident scheme.

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.

Contact us

Contact the recruitment team by:  

Phone: 0203 005 1680 (Monday to Friday between 09:00 and 17:30)  

Email: earlycareerscampaigns@tfl.gov.uk