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Can anyone speak to their experience of in-house strategy roles at large commercial real estate developer firms (e.g. CBRE, JLL etc). I’d like to explore getting into the sector

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To SC1’s point. Look for real estate asset managers instead if you want to get paid. Real estate developers are laggards (speaking in generalities). They also are typically a very incestuous group and hire from each other. Worked at one for awhile. They were averse to hiring big consulting firms because “they don’t know our business”. I left and went to consulting because they felt like dinosaurs. I’m sure there are exceptions to my points!! I’ve been out of the industry for a few years now. I hope those things have changed because I did love the industry and going back would be fantastic if it didn’t seem like an exercise in futility

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Canadian 🐠 so some companies might not apply but if you google some of the names you’ll get an idea of who some of the players are. Altisource is not an asset manager based on what i saw online. I’m talking about Brookfield properties, any REIT (real estate investment trust) - choice properties is a big on for us in Canada. Basically they just own the asset then hire property management companies to run the operations while they cash cheques.

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Recruiter reached out to me about a strategy role at one (forgot where, but it was a private company) about a year ago. Went through the whole process to offer. They offered me about 20% below my current salary and about 40% below what I asked for. Her response to my saying the offer was insulting was "But you'll have so much more work life balance and won't need to travel! If you look at the hourly pay it's what you asked for." Screw the real estate developers...

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I made a move from Deloitte Consulting to CBRE as a Workplace Strategist for external clients. Happy to have a chat, just look for me on LinkedIn: Ning-Jia Ong

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