Asset Manager – Out‑of‑Town Retail Parks Portfolio
The Role
You will be responsible for the administrative, financial, strategic and day‑to‑day asset management of a portfolio of retail park assets, with a clear mandate to maximize return, optimise performance, extract and enhance value, and deliver a best‑in‑class occupier experience.
Key responsibilities include:
- Developing and executing asset‑level business plans to maximise income and long‑term value.
- Leading leasing strategy, including rent reviews, lease renewals, regears, and new lettings. Monitor all leasing activity to ensure maximum occupancy and income, review and advise on tenant mix options and possible space changes where applicable.
- Prepare financial analysis to support lease recommendations. Proactively managing tenant relationships, ensuring strong engagement and retention.
- Identifying and delivering value‑add initiatives, including refurbishments, repositioning, disposal of assets, acquisitions, upgrades, renovations, and development opportunities to achieve maximum potential.
- Monitoring asset performance, including income, costs, occupancy, and capital expenditure.
- Collaborating closely with agents, surveyors, solicitors, contractors, and property managers to ensure effective execution. Ensure that the service providers deliver the best possible service and that they meet the required performance standards.
- Take full accountability for the property budgets, overseeing service charge budgets, rent collection, arrears management, and reconciliations in conjunction with the accounts team.
- Ensure monthly performance of the portfolio exceeds budget and relevant industry benchmarks by steering monthly management meetings with Property Management and assessing and tracking success based on key performance indicators including financial, vacancies, arrears and legal issues.
- Create and improve the usage of business intelligence and reporting to support strategic decision making across the division.
- Ensuring full compliance with legal, health & safety, and insurance requirements.
- Conducting regular site inspections to maintain asset quality and operational standards ensuring that items identified are actioned accordingly.
- Supporting acquisitions and disposals, including underwriting, due diligence, and post‑acquisition integration.
- Interpret and report on specific ratios and benchmarks such as turnover densities where available.
- Utilities management/optimization and ensuring correct building service charges.
- Drive building projects.
Candidate Profile
- MRICS qualified (RICS accreditation is essential)
- Minimum of 5‑7 years experience in commercial property asset management, ideally with a focus on out‑of‑town retail parks and retail warehouse assets
- Proven track record of driving asset performance through active leasing, repositioning, and asset management initiatives
- Experience in valuations and property development will be advantageous.
- Strong commercial and financial acumen, with the ability to analyse and enhance asset performance
- Strong analytical and organisational skills with a creative entrepreneurial mind set.
- Excellent negotiation skills and experience managing lease events and tenant matters
- Proven ability to negotiate and conclude transactions or contracts with high profile stakeholders.
- Highly organised, detail‑oriented, and capable of managing multiple assets and priorities
- Strong management skills, with the ability to build effective relationships with tenants, agents, and external advisors
- Strategic and proactive approach to problem solving.
- Ability to work independently and proactively.
- Proficient in Microsoft Excel (Advanced), Word, and Outlook.
- Full UK driving licence
Personal Attributes
- Proactive, driven, and hands‑on in approach
- Strategic mindset with the ability to think both operationally and commercially
- Comfortable working in a fast‑paced, entrepreneurial environment with real ownership
- Strong communicator and collaborative team player
Why Join Us
- Opportunity to take full ownership of a high‑quality retail park portfolio
- Work within a dynamic, decision‑driven environment where your input has direct impact
- Be part of a long‑term, relationship‑focused real estate platform
- Competitive salary package, reflective of experience and performance
This is an excellent opportunity for an experienced Asset Manager looking to step into a role with genuine responsibility, autonomy, and the ability to directly influence portfolio performance.
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