ASSET MANAGER – COMMERCIAL ASSET MANAGEMENT
Contract Type: Full time
Employment Type: Fixed Term Contract – Maternity Cover – 15 Months
Reporting Line: Head of Commercial Property
Overview of the role:
A superb Landed Estate is seeking a Commercial Asset Manager to join the business as maternity cover.
The role will be multi-sector, but there will be a particular focus on driving performance in the retail portfolio – with a view of minimising vacancy, delivering long term income growth and maintaining tenant retention rates through developing strong occupier relationships.
The role will also include line management of a Graduate Asset Manager.
The role will require sound understanding of occupational markets, an innovative and forward thinking mindset and an ability to motivate a network of advisors. The individual will require a high level of organisation skills, be a confident communicator and have strong numeracy.
Key Duties:
The duties below summarise longer term objectives that the post holder will be expected to achieve. These objectives are subject to change in line with business requirements:
- To extract added value, and maintain and improve income from the commercial property portfolio.
- To prioritise excellent customer service in all aspects of day to day asset management, ensuring that Landlord and Tenant interactions are conducted in accordance with their ethos
- To contribute to the formulation of long and short term strategies of the portfolio, together with performance reviews to ensure the profitable growth of the assets
- To carry out detailed analysis of the performance of the portfolio, attributing all costs and income on a unit by unit basis and identifying performance drivers.
- To work with internal teams and external advisors to assess the net operating income of the portfolio.
- To be responsible for progressing lease events such as rent reviews and lease renewals across the directly managed portfolio, and to ensure that the negotiations are initiated and undertaken in a timely and professional manner.
Person Specification
The below specification details the set of criteria that outlines the essential and desirable traits a candidate should have to be considered for the role.
Essential
Educational Qualifications
- Fully RICS Qualified
Training / Skills / Knowledge
- Strong understanding of the commercial property leasing market
Experience
- Working knowledge of the London property market
- Recent experience of the London retail leasing market
- Proven line management experience of asset management (or equivalent property roles)
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