Does anyone have CRE experience in both the UK and USA?
[{"id": "fcw62a5", "text": "I know someone who has worked in both markets.   What's the question and I'll let you know if I believe they can help.", "replies": [{"id": "fcwenn4", "text": "Just some general information about their experience in the UK. Specifically in the build-to-rent (our multifamily equivalent), or student space. Some pro\u2019s/con\u2019s of working in the industry within the UK. Any major difference, salaries/benefits etc. \n\nI am moving there this year.", "replies": [{"id": "fcwewt5", "text": "I don\u2019t think they could help with that.   The only thing I know is brokers are salaried there, not commissioned.   What Is recommend is paying for linked in premium and reach out to brokers that are there from the big firms (Colliers, JLL, CBRE, etc).    The younger guys are more likely to respond to you but the managing directors (or equivalent) should be of some assistance as well.", "replies": [{"id": "fcwgbb9", "text": "How will LinkedIn premium help with this? I am pretty unfamiliar with it.", "replies": [], "depth": 4}], "depth": 3}, {"id": "fcxruq6", "text": "Those are tiny sectors in the UK so only the big firms have teams in those sectors. Low levels of turnover mean that the potential earnings are lower than say doing offices.\n\nAs far as us vs UK packages go the UK model will tend to have a higher base salary than USA (ballpark 100-200k for a director as a low), but bonuses are lower than USA but still performance based. There's a UK recruitment company called macdonald and company that does an annual Real estate remuneration survey that will give you more detail\n\nObviously there are all the non sector specific differences between us and UK around health insurance, holidays etc.", "replies": [{"id": "fcy9yrz", "text": "Thank you this was very helpful information. I am currently working in the Us and specialize in multifamily. I know in the UK this is a very small market &lt; 35,000 units exist, however there is close to 30,000 units in the construction pipeline for the following year. So I imagine the demand for such specialization will be growing rapid along with the asset class. \n\nAs someone who would like to move to the UK permanently (I have citizenship) and would also like to gain work experience in other assets classes (office, hotel, etc.). Do you have any advice for me? My background is 3.5 years of multifamily debt in the US. \n\nI appreciate your time and any advice you may have. \n\nThank you,", "replies": [{"id": "fcyb1pa", "text": "Most of the big brokers have multifamily or PRS (private rented sector) teams so find the appropriate person on LinkedIn or their websites and fire in a cv. As you say your experience from us will make the cv worth a look. Also maybe think about Blackstone, Goldmans etc as they have big investments in this sector across Europe, as do the major UK funds like L&amp;G", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "fcwgi3h", "text": "You can search for people.   So you\u2019ll search for people at JLL who have the title of Associate and are located in whatever city you\u2019re moving to.", "replies": [], "depth": 1}]