Job Description
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)