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.