Assistant Manager, Real Estate, Sales and Purchase Agreement, M&A

Bristol, Edinburgh, Glasgow, Leeds, London, Manchester, Reading

Business Line

Strategy, Risk & Transactions Advisory

Date published

11-Aug-2025

20026

Overview

This is your opportunity to join Deloitte's fast growing Strategy, Risk and Transactions Advisory Sale and Purchase Agreement (SPA) team, with a focus on the Real Estate industry, and fantastic career development potential. Our business is expanding fast and we are looking for highly motivated individuals with a keen interest in the Real Estate industry to grow a team to bring our market leading services to our clients.

Working on high profile M&A transactions within Deloitte's market-leading SPA team, you will have the opportunity to work in a fast-paced dynamic environment on a wide variety of deals. We work with a broad client base including family offices, corporations, sovereign funds, private equity firms, and large institutional investors in the Real Estate market, across targets such as high-end hotels, leisure parks, shopping centres, iconic office buildings, house builders, student housing, and more, with transactions ranging from £20m to £20bn. The Real Estate team supports core clients in buy-and-build strategies through the M&A cycle and assists non-Real Estate investors entering the market, guiding the advisory we provide.

Our SPA Real Estate team works closely with clients and their legal advisors, providing dedicated support on over 60 Real Estate transactions per year. This typically involves advising on contractual solutions to financial and commercial issues identified through due diligence, including purchase price adjustments mechanisms and completion accounts policies in the negotiated transaction agreements. We often work within broader deal teams including financial due diligence and tax, in cross-border and cross-service line settings across the UK firm and International network.

We collaborate with clients, lawyers, and other advisers to build strong relationships in the Real Estate market and to support excellent career progression opportunities.

Responsibilities

• Quickly developing an understanding of the target business and its drivers.
• Working closely with due diligence teams to identify areas of risk.
• Review of transaction documentation to identify key issues, including:
  • Assessing the suitability of the pricing mechanism (e.g., locked box; completion accounts and/or earn-out) and associated accounting definitions.
  • Considering the appropriateness of key financial warranties and indemnities.
  • Developing robust accounting policies for completion accounts-based mechanisms.
• Working with Partner/Director to develop appropriate client recommendations.
• Reporting key issues and delivering recommendations to clients.
• Driving forward transactions and, in many cases, acting as the key point of contact for clients and the M&A lawyers.

Responsibilities (continued)

• Project management of assignments including: client interface, managing project risk issues and monitoring costs/recovery.
• Production of quality deliverables within agreed timescales, briefing Partner/Director accordingly.
• Participation in marketing initiatives and practice development activities (e.g., client presentations, key client accounts, industry/geography/product programmes, and identifying sales opportunities).

Qualifications

• A flexible working style and ability to adapt quickly to changing circumstances and priorities.
• Strong writing and reviewing skills with a focus on conciseness and risk management.
• Broad commercial acumen with the ability to operate under the pressure and fast pace of the deal marketplace.
• Excellent interpersonal skills required to challenge, negotiate and operate at a senior level.
• Client-focused with a commitment to high-quality service.
• Strong organizational skills and ability to work on multiple projects simultaneously.
• Experience of working on transactions, disputes, or completion accounts is advantageous.
• Experience of Real Estate or THL industries and/or investors in these industries is advantageous.

Connect with your career

Our team provides clients in the Real Estate industry with dedicated support for a transaction or potential transaction. This typically involves investigating the target from multiple perspectives to ensure significant value items, risks and other matters are identified and considered by our client, and assisting them in making an informed decision regarding the transaction.

The Assistant Manager role will include the following activities:

• Developing an understanding of the target business and its drivers.
• Working with due diligence teams to identify areas of risk.
• Reviewing transaction documentation to identify key issues, including pricing mechanisms and related definitions, as well as warranties and indemnities.
• Developing robust recommendations for clients.
• Reporting key issues and delivering recommendations to clients.
• Driving forward transactions and serving as a key point of contact for clients and M&A lawyers.

Connect to your business - Strategy, Risk & Transactions Advisory

In an ever-evolving world, there are no certainties in business. Our teams help clients navigate risks, progress major transactions and deliver transformational change. Join us to make a positive difference.

Our values and environment

We lead the way, serve with integrity, take care of each other, foster inclusion, and collaborate for measurable impact. These values guide us in every decision and action we take, delivering impact where it matters most.

Our hybrid working policy

You'll be based in Edinburgh, Glasgow, Manchester, Leeds, Bristol, Reading or London with hybrid working. Depending on role requirements, you'll work from local offices, client sites, virtual spaces, or remotely, with opportunities to meet face to face as needed. Please check with your recruiter for specific working requirements.

Return-to-work opportunities

We offer coaching and support designed for returners to refresh knowledge and transition back into the workplace after a career break of two years or more. If relevant, please notify your recruiter when applying.

Our commitment to you

We strive to create an environment with purpose, inclusion, and opportunities for growth. You will receive world-class development and opportunities to learn and lead, regardless of level.

Next steps

A career at Deloitte offers development in multiple directions. You'll experience purpose, be able to bring your true self to work, and continue growing. Discover more reasons to connect with us at deloitte.co.uk/careers