Some people perceive recruiters as a fountain of knowledge with insights on specific markets; others see them as the cowboys of the working world. It depends on how you view us.
At Cobalt, we strive to educate ourselves on relevant and current events within the real estate market to make sure we are one step ahead of our competitors. It is our job to know which developers have been granted lending, where they will build their developments and how many members of staff they will need for each project in order to be able to advise our candidates on market movements and new opportunities. This knowledge comes from attending industry events, meeting our clients to truly understand what their businesses are trying to achieve and keeping up to date with market news in the press and other media.
Below are some of the latest views we think are worth sharing:
Property Week had an interesting insight into the increase in development lending over the past 3 years: “In a survey of 35 lenders and 31 developers, the IPF found that lenders were collectively looking to increase development lending by 35% this year having already grown their lending by more than 140% between 2012 – 2014” (Property Week: Issue 17/07/2015: pp 21).
An increase in lending on this scale will result in a positive knock-on effect in the employment market. This will naturally evolve into further residential development, which will create opportunities within a wide scope of areas within Real Estate.
With investments within the property and construction market on the rise, we have seen an emergence of start up SME (Small and Medium Sized Enterprises) consultancies set up by senior individuals from top tier global firms. These organisations are creating more opportunities for construction professionals. Offering a real contrast to larger employers, a professional can gain more exposure to projects, hands on responsibility and on-going development of their careers, which can be eye opening for those that feel like they have hit a glass ceiling.
“The ‘Fixing the Foundations’ productivity plan published by Chancellor George Osborne at the start of July sets out a number of planning changes, including proposals to legislate to grant automatic planning permission on brownfield sites and introduce permitted development rights to add extra storeys on homes in London.” (Planning Magazine, 17th July 2015, p.06). It is clear the Conservative government is doing its upmost to ensure the buoyancy felt in the planning sector continues by encouraging developers and house builders to utilise these changes to solve our Housing crisis. For Planners, this means more developments, more opportunities and, crucially, more fresh vacancies across the planning market.
Not only do we make a conscious effort to keep ourselves updated with market knowledge but we also seek to employ the best talent possible. So if you are finding us persistent, please be open to the idea that this is because we feel we have something worthwhile to talk to you about.
We seek to tell you not just about the current roles we are working on but also the future positions on the horizon that may not yet be advertised. So before dismissing Cobalt as just another recruiter, ask yourself whether not taking our call means you close the door on an opportunity which may just be the change you are seeking.
About Cobalt Recruitment
Cobalt Recruitment provides leading recruitment services to the Construction, Property & Engineering and Financial Services & Accounting sectors. We recruit at all levels from recently qualified professionals to Board Directors on a permanent and interim basis from our offices in the Middle East, UK, Europe, Asia and New Zealand.