Job Description
Portfolio Manager / Investment – Real Estate Investment
We are looking for an exceptionally commercially sharp Portfolio Manager to take ownership of the financial performance and analytical intelligence across a portfolio of c. 25 industrial assets with a combined AUM of approximately £500m.
This is not a traditional reporting role. You will be the commercial conscience of the portfolio - the person who knows it inside out, can provide real-time insight at short notice and is trusted by leadership and institutional JV partners to have the right answer, quickly. You will work within a framework of sophisticated, pre-built financial models, interrogating and driving insight from them rather than building from scratch.
Equally important is the ability to operate with confidence at senior levels. You will be a visible and credible presence in conversations with JV partners, whether fielding a challenging question in a performance meeting, responding to an ad-hoc request from a partner's portfolio team, or presenting returns analysis to a fund board.
Portfolio Performance & Commercial Insight
* Serve as the primary commercial point of reference for the portfolio, maintaining a deep and current understanding of asset-level and portfolio-level financial performance at all times
* Provide real-time analysis and insight to the Head of Investment, senior leadership and JV partners, including ad-hoc requests at short notice
* Monitor and report on key performance metrics across the portfolio - occupancy, passing rent, ERV, WAULT, void costs, capital expenditure, income returns and total returns — identifying trends, risks and opportunities
* Prepare and present regular portfolio performance reports, board packs and investor reporting materials to a high standard
Capital Structures & Investor Relations
* Demonstrate a thorough understanding of institutional JV structures, including equity waterfall and promote mechanisms, preferred return hurdles and carried interest calculations
* Manage the preparation and coordination of investor reporting, drawdown submissions and distribution calculations in line with shareholder and facility agreement requirements
* Act as a knowledgeable and credible counterpart to institutional equity partners and lenders on all financial and performance-related matters
* Support refinancing processes, including preparation of lender information packs and covenant reporting
Essential
* 5-8 years' experience in a real estate investment, asset management, fund finance or FP&A role within a developer, investment manager, fund or institutional advisory environment
* Proven track record of managing financial performance across a multi-asset real estate portfolio
Please click apply or email your cv to Jack.wyke@madisonberkeley.com