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Commercial Real Estate Graduate

  • Transport for London
  • London, Westminster
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As part of TfL we have been supporting over 1,500 businesses in stations, railway arches and on high streets. Through 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 space above our stations, or continuing to support the small and medium enterprise businesses already on our estate.

  • GMFJ Reference
    255875
  • Wages
    £31,000 p/a
  • Hours
    35.00 per week
  • Date Posted
    20/11/2024
  • Start Date
    08/09/2025
  • Approx. Duration
    2 years

  • Location
    London
  • Status
    Now Taking Applications
  • Sector
    Property Services
  • Opportunity Type
    Graduate Scheme
  • Employer
    Transport for London

Description

Commercial Real Estate Graduate Scheme

Moving London Forward Through Thriving Places

About TfL’s Property Company

TfL is one of London’s largest landowners, with 5,500 acres of land spanning nearly every borough. Through its property arm, Places for London, TfL is committed to creating a greener, more connected, and sustainable capital by:

  • Building 20,000 new homes in the next decade.
  • Delivering 3,000,000 sq ft of sustainable office space.
  • Supporting over 1,500 businesses on high streets, railway arches, and stations.
Salary
  • Starting at £31,000, rising to £32,250 in the second year.
Location

Victoria Station House, London

  • Initially, four days per week in the office and one day working from home.
  • Flexibility for additional remote working may be agreed with your Line Manager.
What TfL Offers

Enjoy excellent benefits, including:

  • Free travel on the TfL network for you and a nominee living in the same household.
  • Final salary pension scheme.
  • Discounted national rail and Eurostar travel.
  • 30 days annual leave plus public and bank holidays.
  • Private healthcare (discounted).
  • Tax-efficient cycle-to-work programme.
  • Retail, health, leisure, and travel discounts.
Duration

Two years.

Entry Requirements
  • RICS-accredited undergraduate degree (minimum 2:2) or RICS-accredited Master’s degree.

Start Date: 8th September 2025.

Job Overview

This scheme offers the chance to:

  • Work across various departments, including housing development, commercial property management, and tenant support.
  • Play a key role in unlocking untapped potential within TfL’s 5,500-acre estate.
  • Contribute to the construction of 20,000 homes, development of office spaces, and support for SMEs across the estate.
Sustainability

TfL prioritizes sustainability across its operations:

  • 5-star GRESB rated organization.
  • Nearly 5,000 individuals supported through construction training programmes.
  • Industry-leading Sustainable Development Framework ensures developments are environmentally conscious and community-focused.
What Will I Be Doing?

The two-year programme comprises three 8-month rotations, tailored to provide comprehensive training and experience.

Sample Placements:

  1. Commercial Property Management:

    • Handle lease renewals, rent reviews, and property inspections.
    • Manage building maintenance using service charge budgets.
    • Ensure compliance with Health and Safety regulations.
  2. Operational Property:

    • Gain experience in rating, compulsory purchase orders (CPOs), and dilapidations.
    • Liaise with third-party surveyors regarding service charges and inspections.
    • Act as both landlord and tenant agent.
  3. Property Development:

    • Conduct development appraisals, valuations, and site inspections.
    • Work within planning regulations.
    • Train in valuation tools like Argus.

Graduates begin in the Commercial Property or Asset Management team, with subsequent placements tailored to their career goals.

Where Can This Career Take Me?

Graduates completing the scheme may transition to roles like:

  • Senior Property Surveyor
  • Development Manager
  • Property Manager

TfL supports leadership, technical, and professional development through structured training and hands-on experience.

RICS Chartership:

  • TfL will support you through the RICS APC (Assessment of Professional Competence) process.
Training and Support

TfL offers comprehensive professional development, including:

  • Placement Manager: Oversees daily tasks and progress.
  • Scheme Sponsor: Senior manager providing technical guidance.
  • Buddy: A peer (graduate or apprentice) who helps you integrate into the organization.
  • Development Adviser: Offers career coaching and guidance.
  • RICS Councillor: Provides professional support toward your APC.
  • RICS Supervisor: Assists with day-to-day APC requirements.
What TfL Looks For

Candidates who embody TfL’s core values:

  • Caring: About colleagues, customers, and work.
  • Open: To collaboration and new ideas.
  • Adaptable: Willing to innovate and embrace diverse needs.
What Qualifications Will I Gain?

Graduates will pursue the Commercial Real Estate pathway for their RICS APC, culminating in RICS chartership.

Application Process

The application process includes five stages with timed online assessments.

Recommendation: Review the process document to prepare thoroughly.

    Please click on this link for which describes each stage of the https://tfl.gov.uk/corporate/careers/how-to-apply-for-apprentice-and-graduate-roles?intcmp=66755
Inclusive Recruitment Process

TfL is committed to removing barriers for disabled candidates:

  • Guaranteed interviews for candidates meeting minimum criteria.
  • Fair and transparent reasonable adjustments process.
Contact Us

For reasonable adjustments or other queries:

  • Phone: 0203 005 1680 (Monday–Friday, 09:00–17:30).
  • Email: EarlyCareersCampaigns@tfl.gov.uk

For more information about this vacancy please contact GetMyFirstJob Recruitment on opportunities@getmyfirstjob.co.uk (Ref ID: 255875)

"The best thing was the ability to gain on-the-job experience and a degree at the same time. I had the option of going to university, however this opportunity was a no-brainer. Avoiding the fees and getting a degree – who would turn that down?"

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For more information about TfL, the application process and the opportunities available to you, click here - View Virtual World

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