Company
Our client has played a key role in overseeing and financing successful deals totaling over £15 billion. With 25 years of experience in investments both within and beyond real estate, they have a strong track record of success.
They have established a Private Equity Real Estate Investment Business with a significant initial fund. They aim to invest this amount over a two-year period, with the ability to target various asset classes and invest across different levels of the capital structure.
The Role
They are looking for an Asset Manager that will represent the same hard-working ethos of the team. This individual will play a crucial role in executing business plans for existing assets. You will be creative in your thinking and have the ability to set strategy and then execute on that strategy. You will work closely with a small team of reputable, high-caliber professionals and have a significant impact on the company’s success. This entrepreneurial environment offers the opportunity to take on substantial responsibility early in your career.
Responsibilities
* Manage and report on financing needs for the current portfolio.
* Oversee capital expenditure across the portfolio, ensuring projects are completed on time and within budget.
* Provide detailed advice on refurbishment costs to support the business plan.
* Develop asset management strategies, assess risks, and recommend effective mitigation measures.
* Negotiate new leases, rent reviews, and lease renewals with tenants.
* Collaborate with property managers to ensure smooth operation of existing assets.
* Manage cash flow for properties in the portfolio and update the financial model as needed.
* Work with agents to facilitate the disposal of assets once the business plan is fulfilled.
* Prepare and oversee planning applications for refurbishment and development projects.
* Appoint and manage external professional teams such as planning, agency, architecture, and cost consultancy.
Requirements
* Understanding of real estate investment.
* At least 2 years of experience in asset management.
* Ability to handle multiple diverse development projects and tasks simultaneously.
* Strong negotiation skills with the ability to address objections effectively.
* Highly organised, detail-oriented, and goal-focused.
* Strong communication skills.
* Hardworking and proactive approach.
* Proficient in cash flow modelling (Excel).
Competitive salary with bonus and benefits on top.