Lesley Buchanan Email and Phone Number

• Prepared and presented strategic asset portfolio plans for 900 Commercial Estate properties in the NW to identify future opportunities to grow the income stream and enhance the estate, whilst reducing occupational costs and potential risk for the railway.• Responsible for managing the high value and complex lease renewal and rent review program for the NW portfolio to maximise rental growth and capital values• Acted as Sponsor to identify opportunities to enhance the estate through the delivery of minor and major investment schemes achieving approval for 8 papers year to date• Develop relationships with key internal and external stakeholders to progress joint enhancement opportunities including preparing representations on development proposals and sense of place studies with local authorities, developers and land owners• Prepare all reports and valuations for new lettings to ensure that vacant property costs are minimised and that the rental tone/ tenant mix and uses comply with the asset management strategy for the estate• Competed quarterly business forecasts and asset valuations to a high standard and in a timely manner• Appointed as the "champion" for investment and helped to complete a review of the process maps for inclusion in the new asset management handbook• Successfully coached two candidates to achieve their RICS accreditation and asked by HR to be a Business Assessor in interviewing and streaming the new 2017 property graduates• Helping to deliver a strategic disposal project for the NW commercial estate properties to data cleanse and review with Capita all of the leases for the proposed sale of the business

• Managed the profit and loss budget for the North West portfolio of 1,000 mixed use properties – Exceeded 2014/15 target delivering £7.1m income • Managed and optimised the income potential of the portfolio, reduced OPEX spend, identified efficiencies and managed potential risks to the railway• Identified and took forward strategic investment opportunities and developed strategies to maintain and improve asset value• Sponsored 2 Major Investment Schemes (estimated value £3.5m) and 19 Minor Investment Schemes (total value £916k) in 2014/15• Reduced void levels in 2014/15 to 1.5% of value and 2% of volume against a target of 5%• Acted as a consultant to internal stakeholders on property issues including the Northern Hub and Victoria Station re-development projects• Executed Network Rail’s obligations as a landlord to enforce tenant’s covenants, compliance with statutory legislation & improvement of internal processes – 0% inspections outstanding against target of 5%• Managed debt for the North West portfolio to 2% of income against target of 5%• Won “Best Customer Service” Award for Business Space at Network Rail Property Conference in November 2014• Managed a team of 5 direct reports to deliver strategic business plan objectives and supervised 3 portfolio surveyors towards APC accreditation / career progression• Identified and built effective relationships with key stakeholders at executive level internally and within local authorities, NW Cabinet Office, developers, contractors and local property market professionals• Exceeded annual KPI targets and achieved “above expectation” in performance reviews

• Responsible for identifying opportunities from the existing portfolio to invest monies to add value and create viable refurbishment schemes• Reviewed an estate in excess of 1400 mixed use properties and identified potential schemes that would grow the income and capital value, achieving the minimum return of 10.5%• Wrote the investment strategy for LNW route and compiled the 5 year investment plan for expenditure and income growth• Acted as sponsor for all investment schemes, preparing the business cases and detailed financial appraisals to meet a minimum hurdle rate of 10.5%• Achieved approval of 7 papers from March 2006 (Estimated spend £651k)• Identified joint venture opportunities with external parties to leverage maximum shared value from sites (i.e. London Underground and English Partnerships)• Prepared project manager’s remits to meet client requirements and to ensure that the schemes are delivered in accordance with the business case (72 prepared to date)• Managed the “minor” investment scheme budget of £0.25m to identify refurbishment schemes to reduce management costs and secure a letting (5 papers approved to date achieving a minimum 15% rate of return

• Managed a 465 property portfolio and a team to maximise and deliver optimal income, and control expenditure within budgets• Identified investment opportunities, managed credit control and demonstrated a high level of service to both internal and external customers• Delivered income in 2004/05 of £2.426m - £173k above budget• Negotiation and agreement of complex property transactions including an uplift in rent from £13.5k to £65k for 90-98 Swinegate, Leeds• Achieved an average of 14.8% annual uplift at rent review/lease renewal for 2004/5• Management of expenditure budgets including maintenance spend of £98k against a target of £100k for 2004/5• Set up service charges and recovered costs from seven schemes i.e. Dark Arches, Leeds• Reduced the number of Void Properties in 2004/5 to 2.8% by number and 2.2% by value• Reviewed strategic potential of the portfolio through cross functional review and feasibility study teams for Leeds• Built and developed relationships with internal and external customers including maintenance contractors, Local Authorities and government agencies to enhance joint opportunities

• Management of the university’s academic estate spread over 4 campus locations to provide effective space planning and efficiency• Implementation of strategy to maximise value from the university’s pension fund portfolio• Advised on lease renewals / rent reviews and management of the property portfolio to ensure covenant compliance and debt control• Developed & maintained relationships with university’s faculty departments and key stakeholders to deliver the master plan objectives• Controlled budgets for the Estates Department portfolios

• Preparation of planning application submissions, master plans and representations on behalf of Boots The Chemist for the overall strategic master plan• Managed a portfolio of High Street, Retail Warehouse and Out of Town properties to deliver both rental and capital value growth• Prepared portfolio plans for each estate setting out asset and property management key deliverables and objectives