About the Client:
Our Client is a exciting player in the commercial real estate sector, they're an International Buyside PropCo with over £1 Billion in Assets across Retail, Residential & Industrial properties.
Position Overview:
They're seeking a proactive and detail-oriented Commercial Asset Manager to join their dynamic team. The ideal candidate will possess a strong background in commercial property management, with a focus on lease negotiation, compliance, and financial oversight. If you have a passion for commercial real estate and a track record of successful asset management, then this could be the role for you.
Key Responsibilities:
Lease Management: Monitor and negotiate tenant lease events, including rent reviews, break clauses, and expiries. Interpret and manage lease terms effectively.
Vacant Property Management: Instruct and oversee letting agents on vacant commercial properties to minimize downtime.
Financial Oversight: Review and negotiate Heads of Terms with prospective tenants and ensure accuracy of property data related to leases, service charges, and insurance.
Insurance Management: Oversee annual insurance renewal, ensuring best value and managing billing of recoverable insurance premiums.
Compliance & Audits: Ensure compliance with statutory audits, including health & safety and fire risk assessments, and manage all applications for tenant consent.
Budget Preparation: Prepare and approve service charge budgets, demands, and apportionments, and liaise with the accounts department for reconciliations.
Project Management: Communicate with tenants regarding ongoing projects and oversee repair quotes to ensure financial forecasts are accurate.
Requirements:
Minimum 5 years of comparable experience in commercial asset management.
Comprehensive knowledge of relevant legislation and best practices.
Strong commercial and financial acumen, with excellent attention to detail.
Exceptional organizational skills, able to prioritize and manage time efficiently.
Excellent communication, writing, influencing, and negotiation skills.
Ability to work autonomously and exercise sound judgment in decision-making.
Familiarity with Qube property management software is preferred.
What We Offer:
Competitive salary, annual bonus scheme and strong benefits package
Opportunities for professional development and career advancement.
A collaborative and supportive work environment