When speaking to graduates who have shown an interest in our Recruitment Training Programme, it is clear that not everyone is knowledgeable about the built environment industry. Whilst everything connected to land, property and construction sectors represents *70% of global wealth, it doesn’t necessarily appear on people’s radars.
Here are 4 reasons why a career in property & construction recruitment is exciting.
A key driver of our economy
If you consider the common investment types within our economy, property makes up a large percentage. As an alternative to investing in bonds or the stock exchange, property is considered an attractive investment option due to the returns that investors can achieve. At present, we face a shortage of housing, so developers and construction companies are busy. Investment in infrastructure projects such as Crossrail and redevelopment of major transport hubs, business districts and retail centres all creates demand. If you look around London and other main UK cities, you are likely to see plenty of cranes about, this means plenty of opportunities for recruiters to work on within this sector.
When we say property, we don’t just mean houses
When you recruit for Cobalt you could be covering both the residential or commercial property sector. Investment into residential property is far greater, however, a strong element for Cobalt’s business covers commercial property. When we say commercial, we are talking about property for retailers, shopping centres, office
space for businesses, hotels and leisure. At Cobalt, we recruit the professionals required to invest in, finance, plan, design, build, manage and maintain commercial and residential properties. The majority of people employed in commercial property focus on the construction, development and repair of buildings. With 1.1bn worth of construction output in the UK in 2016, you can imagine, you would never be twiddling your thumbs!
The UK is an attractive location for overseas investors
The UK economy offers many attractive benefits that other countries don’t. For an investor, the stability of our parliamentary democracy is attractive, the same goes for our legal system. If someone buys a property in the UK, it will remain theirs in the eyes of the law. In 2015, there was over £90bn of overseas investment in the UK. This means that there is plenty of activity in the market, which means it is an exciting time to recruit in this sector.
A world leader in construction
The UK is perceived as a world leader in educating and upskilling industry professionals, unlike many other countries, the MRICS qualification is transferable abroad. Plenty of people are also keen to work here due to the extra Health & Safety legislation, as well as labour laws for employees. This makes it interesting as a recruiter into the UK construction & property sector, as you will be tapping into a global talent pool.
– Cobalt Recruitment has been helping professionals with their career moves since 2001
– Our teams recruit from 14 locations across the UK, Europe, Asia & New Zealand
– We have been named as one the Best Companies to Work for in 2016
– Named International Recruitment Company of the Year at the APSCo Awards 2017
– According to the Estates Gazette Salary Survey 2015, using a “Commercial Property Recruitment Consultant” was the top method used by job seekers when looking for a new role.
So if you are keen to know your facilities manager from your valuation survey and how to carve out a successful career in property & construction recruitment, contact Christopher Mackenzie, Managing Director at Cobalt Recruitment. You can also find out more about what it's like to work for Cobalt via our Facebook page, our video and within our brochure.
T: 020 7478 2500
Royal Institute of Chartered Surveyors
Construction: Output and Employment - Office for National Statistics