Job Information
Thomson Reuters Holdings Inc VP, Global Real Estate Facilities Management in Ann Arbor, Michigan
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 Au