Job Title: Director of Asset Management (Commercial/Living Real Estate – New Division)
Location: Mayfair, London
Reports to: Founder / Managing Director
Company Description
Best Star Real Estate focuses on value-add and opportunistic investment strategies within central London and the wider United Kingdom. Our expertise lies in identifying, acquiring, and managing high-potential commercial and residential properties. We are dedicated to delivering strategic asset management solutions that drive value creation and exceptional returns. With a dynamic approach to real estate investments, we seek professionals who are passionate and committed to innovation and excellence in the property market.
Role Overview
This role is responsible for establishing and scaling a new third‑party asset‑management platform within an existing real‑estate investment and development business with the support of the founders and existing team.
The Director will act as a self‑starting business builder, combining origination, client relationship management, and hands‑on asset‑management execution to create a profitable new subsidiary. This is an opportunity for an entrepreneurial individual who wants to be part of a new subsidiary business with backing from an established investment and development business in Central London.
The mandate includes:
- Winning external mandates
- Building a team and operational infrastructure
Core Objectives (First 24–36 Months)
- Launch a fully operational asset management division
- Secure £100m–£500m+ of third‑party assets under management
- Build a scalable platform (people, systems, processes)
Key Responsibilities
1. Business Development & Origination (Critical)
- Source and win third‑party asset‑management mandates
- Leverage existing relationships with institutions, PE funds, UHNW investors
- Lead pitch processes, proposals, and fee structuring
- Build long‑term client relationships and repeat business
- Design and implement the asset‑management business plan
- Establish operating model, reporting standards, and governance
- Work with senior leadership to structure the new subsidiary
3. Asset Management Execution
- Oversee asset‑level business plans and performance
- Drive NOI growth, leasing strategy, and value‑creation initiatives
- Lead capex, repositioning, and development interface with internal teams
- Execute hold/sell strategies and disposals
- Set pricing strategy for asset‑management fees (base + performance)
- Build and manage P&L for the new division
- Oversee underwriting, valuations, and financial modelling
Candidate Profile
- 10+ years in real‑estate asset management / investment
- Proven track record of winning and managing third‑party mandates
Experience within
- Institutional advisory firms
- Demonstrated ability to operate entrepreneurially
Academic/ Professional Qualifications
- BSc / MSc in Economics, Finance , Real Estate, Surveying, Engineering
- MRICS qualification via Royal Institution of Chartered Surveyors
- CPA, ACA, CFA
- Origination mindset (not just asset‑management execution)
- Commercial and entrepreneurial thinking
- Ability to operate with ambiguity and limited initial infrastructure
- Strong negotiation and client‑facing skills
- Leadership and team‑building capability
- Strategic thinking with hands‑on delivery
Success Metrics
- Assets under management (AUM) growth
- Third‑party revenue generation
- Profitability of the new division
- Client retention and repeat mandates
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