Real Estate Development Manager

Faraday Norton is an Athens-based family investment office with holdings in real estate, energy, retail, technology and private equity.

Faraday Norton is seeking a Real Estate Development Manager to lead its portfolio of hospitality and residential development projects in Greece. Acting as the owner's representative, the Development Manager will oversee each project from feasibility through to completion and handover, and will coordinate all external consultants, contractors and authorities involved.

The role reports directly to the Director of Real Estate, with a dotted reporting line to the Founder, and is based at our office in Marousi, Athens, with regular travel to project sites.

• Assess sites and development opportunities, including zoning, building coefficients and permitting constraints.
• Prepare development budgets, programmes and feasibility studies in conjunction with the investment team.
• Define the project brief, scope and quality standards for each development.

• Appoint and manage architects, engineers and specialist consultants.
• Lead the design process and ensure designs meet the approved brief, budget and programme.
• Manage the permitting process with urban planning offices, the Archaeological Service and other competent authorities.

• Run tender processes for contractors and suppliers, and negotiate contract terms.
• Administer contracts, variations and claims, protecting the owner's interests throughout.

• Monitor progress, quality and health and safety across all active sites.
• Review and certify contractor payments and control project cash flow.
• Identify risks and delays early and implement corrective action.

• Manage commissioning, snagging and handover to the operator, property manager or buyer.
• Secure all completion certificates, operating licences and as-built documentation.

• Report monthly to the Director of Real Estate, the Founder and the Investment Committee on budget, programme, quality and risk across the project portfolio.

• Delivery of each project within the approved budget, programme and quality standards.
• A consistent development framework across the portfolio, covering budgeting, procurement, reporting and risk control.
• Strong, accountable relationships with consultants, contractors and authorities.
• Development returns protected through rigorous cost and change control.

• Degree in Civil Engineering or a related engineering discipline.
• Member of the Technical Chamber of Greece (TEE).
• At least ten years' experience in real estate development or construction, including at least five years on the owner's or developer's side.
• A track record of delivering hospitality or residential projects from inception to completion.
• Experience managing several projects in parallel through external consultants and contractors.
• Thorough knowledge of Greek planning, building and permitting regulations.
• Strong skills in budgeting, cost control and contract administration.
• Excellent command of Greek and English.

• Postgraduate degree in Construction Management, Real Estate or a related field.
• Experience in hotel developments, including work to operator or brand standards.
• Experience of island or coastal developments.
• Professional project management certification (e.g. PMP, PRINCE2 or RICS).
• Proficiency in project management and cost-control software.