Transaction Manager, Site Selection

ABOUT VANTAGE DATA CENTERS

Vantage Data Centers is committed to being a workplace of inclusion, equality, respect and acceptance. We celebrate diversity and intentionally seek out opportunities to learn from one another’s experience.

Vantage Data Centers powers, cools, protects and connects the technology of the world’s well-known hyperscalers, cloud providers and large enterprises. Developing and operating across North America, Europe and Asia Pacific, Vantage has evolved data center design in innovative ways to deliver dramatic gains in reliability, efficiency and sustainability in flexible environments that can scale as quickly as the market demands.

POSITION OVERVIEW

The postholder will be handling a high volume of large, complex real estate transactions in line with the company’s goals. You will be tracking and monitoring acquisition and transaction activities for regions or markets, supervising compliance, due diligence matters and using third party professional support. Driving the process through to cost effective and satisfactory completion, managing partners, meeting goals and handling compliance will underpin all aspects of the role.

ESSENTIAL JOB FUNCTIONS

The role will handle and track site selection activities in identified markets across APAC and other regions as assigned, supporting due diligence, managing all site transactions and aligning all partners to support the successful close of all transactions on time, within scope and budget. The post holder will be encouraged to build and set up systems and processes and run all dashboards, contracts, metrics, feedback and monitoring systems related to site acquisition. Conforming to brand and process protocols will be critical. Communicating with teams situated in different geographical locations will also be crucial.

DUTIES

• Track and monitor a volume of sophisticated real estate transactions including the acquisition of freehold, leasehold or fee simple ownership interest in land and/or buildings.
• Execute transaction strategies for a given region or market.
• Support the site selection team by acting as initial scout for identified markets and sites, travel to potential site locations, complete initial site assessments, prepare travel reports and diligence packages for internal review.
• Run transactions post commercial negotiations to close.
• Act as initial Point of Contact for all inquiries, inbound/outbound from third parties; complete initial assessment and forward to the Site Selection Director for formal review.
• Track, monitor and report on status of all acquisitions including preparation of required deliverables.
• Support the Site Selection Team by drafting Letters of Intent from standard templates; maintaining acquisition templates through ongoing process improvement cycle; Engage with local brokers, Consultants or others as necessary; support Know Your Client/Know Your Seller and meet other legal requirements;
• Support closing activities: Supervise or coordinate official survey processes; Procure title, environmental and other vital insurance; Ensure all payment terms and conditions met by internal teams to close on time; Coordinate with internal and external legal teams on filing all required documentation, e., transfer of deeds of trust, title, property, etc. in compliance with Sales and Purchase Agreement and local regulatory and legal requirements.
• Run all pre-diligence and due diligence materials, checklists and dashboards supporting site selection: Power, telecoms, fibre studies; Environmental and Risk Surveys; Topo - Geotech; Title and legal DD; Easements; ROWs; RoLs; and Entitlement, permitting, planning and other requirements impacting site development.
• Coordinate Professional Service contracts, Non-Disclosure Agreements, Powers of Attorney, and other documentation vital to engage 3rd party consultants, agency relationships and economic development groups, including acquiring internal approvals for scope, schedule and budget.
• Support economic development incentive programs through research of all required inputs, business case requirements, project details and analysis needed for governmental and non-governmental tax and credit agencies.
• Build economic impact deliverables for presentation to local authorities and lead incentives programs to ensure compliance with grant requirements.
• Manage external/internal meetings, build agendas, supervise open issues and actions through published minutes and other key results as needed.

JOB REQUIREMENTS

• In depth knowledge and mid-level experience in commercial real estate/property transaction.
• Bachelor of Science degree in commercial real estate, surveying or Business Management Degree is preferred.
• Data Center or technical facility experience is preferred, but not required.
• Strong IT skills; ability to use multiple communication tools and packages, Advanced Excel knowledge crucial.
• Excellent analytical skills with understanding of real estate finance and discounted cash flow analysis.
• Ability to balance critical thinking with tactical needs.
• Creative problem solver and proven track record to champion innovation.
• Excellent relationship building skills and partner management.
• Demonstrated ability to be collaborative and work with a variety of people.
• Excellent verbal and written comprehension skills.
• Ability to analyse complex business concepts and documents.
• Ability to effectively respond to confidential, sensitive issues, sophisticated inquiries or complaints.
• Ability to make effective presentations on general topics.
• Skilled at solving problems and dealing with a variety of options with limited information.
• Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form.
• Strong interpersonal, written and verbal communication skills at all levels of the organisation and with other partners and third parties such as third-party consultants, brokers, agent, technical advisors, etc.
• Flexible, adaptable and self-directed; able to work independently across a variety of circumstances; eg: remotely, while travelling, across multiple time zones, cross functionally, by project, etc.
• Able to demonstrate an excellent understanding of the commercial metrics which drive a successful development.
• This position requires an organised individual with the capacity to balance projects simultaneously, work well even when pressured and to prioritise work effort, all with minimal direction under remote management.

We operate with No Ego and No Arrogance. We work to build each other up and support one another, appreciating each other’s strengths and respecting each other’s weaknesses. We find joy in our work and each other, actively seeking opportunities to inject fun into what we do. Our hard and efficient work is rewarded with an above market total compensation package. We offer a comprehensive suite of health and welfare, retirement, and paid leave benefits exceeding local expectations.

Safety and security always matter. During COVID, all positions that can work remotely have been, and appropriate steps have been taken to ensure the safety of employees in any position essential to be on site. Regardless of where you are working, technology to work effectively is provided on or in advance of your first day of employment.

Throughout the year, the advantage of being part of the Vantage team is evident with an array of benefits, recognition, training and development, and the knowledge that your contribution adds value to the company and our community.

Don’t meet all the requirements? Please still apply if you think you are the right person for the position. We are always keen to speak to people who connect with our mission and values.

Vantage Data Centers is an Equal Opportunity Employer