Job Title: Investment Director
Location: London, UK
Salary: Up to £120,000 per annum, plus benefits
Reporting to: Head of Acquisitions
Employment Type: Full-time, Permanent
Overview
Capstone have partnered with a leading UK-based residential developer in their search for a high-calibre Investment Director. This is a senior leadership opportunity to shape the acquisition and divestment strategy across a diverse real estate portfolio, including BTR, Purpose-Built Student Accommodation (PBSA), and Co-Living sectors.
This position sits within a high-performing, cross-disciplinary team comprising acquisitions, planning, development, and funding specialists. The successful candidate will lead end-to-end investment activity, overseeing both acquisitions and disposals to deliver strategic growth and maximise asset value.
Key Responsibilities
Origination & Strategy
* Identify, appraise, and lead the acquisition of development opportunities aligned with the company’s target markets and investment criteria.
* Champion high-quality opportunities through internal governance processes.
* Contribute to broader market and city-level strategies with actionable insight and data.
* Support the Head of Acquisitions and Head of Divestments in refining and executing the group investment strategy.
Financial & Commercial Underwriting
* Take overall responsibility for financial and commercial modelling of acquisition and divestment opportunities.
* Assess key inputs including unit mix, gross-to-net ratios, rental assumptions, yields, capex, opex, and development costs.
* Collaborate effectively with internal teams across design, finance, legal, and construction to ensure robust underwriting.
* Explore alternative deal structures and risk-sharing mechanisms to enhance returns.
Transaction Management
* Lead the full transaction lifecycle including bids, heads of terms, legal negotiation, and exchange/completion.
* Manage relationships with external agents, landowners, legal advisers, and consultants.
* Lead on asset disposals, coordinating the marketing process, due diligence, data room population, and negotiation of sale terms.
* Ensure optimal capital returns and alignment with the wider development strategy.
Planning & Development Support
* Engage with internal planning colleagues to influence applications and design briefs that maximise commercial value.
* Provide inputs on viability, market positioning, and risk as part of planning submissions and early-stage development assessments.
Reporting & Governance
* Lead investment reporting at all stages from acquisition to divestment, ensuring performance is tracked against approved KPIs.
* Prepare and present Investment Committee papers, ensuring clear, data-driven decision-making support.
* Maintain oversight of project deliverables, timelines, and financial exposure.
Leadership & Stakeholder Management
* Provide mentoring, oversight, and training to junior team members.
* Act as a key liaison across departments and external stakeholders including clients, consultants, funders, and legal teams.
* Represent the business at industry events and investor meetings, strengthening market presence and network influence.
* Contribute to a collaborative, high-performance team culture through inclusive leadership and knowledge sharing.
Candidate Requirements
Essential
* Demonstrable experience in leading complex real estate transactions, including acquisitions and/or divestments.
* Strong background in BTR, PBSA, Co-Living or adjacent real estate sectors.
* Advanced financial modelling skills and a clear understanding of development economics.
* Track record of structuring deals and executing transactions in the UK property market.
* Excellent negotiation, communication, and interpersonal skills.
* Strong commercial awareness and a strategic mindset.
Desirable
* MRICS, CFA, or equivalent professional qualification.
* Experience working with mixed-use or large-scale development projects.
* Existing network within the real estate investment and development community.
Why Apply?
* Senior leadership opportunity in one of the UK’s most dynamic real estate sectors.
* Competitive salary up to £120,000 plus performance-related bonus and benefits.
* Direct influence over portfolio growth, investment strategy, and capital performance.
* Join a collaborative and forward-thinking team with a strong development pipeline.
* Exposure to a diverse asset base spanning residential, student, and emerging living models.