About the Role
Join an industry-leading, privately-owned commercial real estate company as an Asset Manager responsible for a portfolio of Business Space assets. In this pivotal role, you'll drive asset value and cash flow by overseeing the property management process, identifying opportunities for revenue growth, and ensuring successful execution of asset enhancement initiatives. You'll work alongside an established team and lead on initiatives such as tenant negotiations, refurbishment projects, and meeting ESG targets.
This is a challenging role that offers full ownership of your portfolio, requiring you to make key decisions and manage a variety of internal and external stakeholders, with the support of an in-house property management team.
About Praxis:
Praxis is a well-established privately-owned investor and manager of UK real estate with a peerless track record of exceptional investment performance rooted in astute market timing and best-in-class asset management.
Key Responsibilities:
Improve Net Operating Income (NOI) through leasing, rent reviews, and new revenue streams.
Reduce void costs across your portfolio and reconfigure space to meet tenant demand.
Market vacant spaces, negotiate terms, and maximise income opportunities.
Lead refurbishment and reconfiguration projects in collaboration with external consultants.
Ensure adherence to ESG metrics and report on business plan progress.
Oversee routine maintenance, repairs, inspections, and service charge budgets.
Support investment teams with due diligence on potential new acquisitions.
Requirements:
Relevant Asset Management experience, ideally with a strong foundation in Property Management (Business Space/Office Asset focus).
Ideally RICS Qualified.
Proficiency in MS Office, particularly Excel.
Excellent communication, presentation, and report-writing skills.
Commercial awareness and industry knowledge, with the ability to manage expectations and progress reports.
A background of working as an Asset Manager within a shared team, bringing a working knowledge of how the nature of this relationship works.
What We're Looking For:
Initiative, creativity, and the ability to think strategically about repurposing real estate assets.
Strong interpersonal skills, capable of managing and influencing teams.
Confidence in decision-making and handling pressure effectively.
A detail-oriented, positive approach with a commitment to high-performance standards.
Location: On-site/In Office | Full-Time, 5 Days Per Week
You'll be based at our Knightsbridge offices on Brompton Road, with regular visits to our assets across the UK as needed.
Salary & Benefits:
Highly competitive salary DOE
Discretionary bonus scheme
25 days holiday per year plus bank holidays
Office closure over festive season
Additional holiday with service
Private Medical Insurance (medical history disregarded)
Healthcare Cash Plan
5% Company pension contribution
3x Life Assurance
Cycle to work scheme (on-site shower room facilities & bike parking in majority of head offices)
Employee Assistance Programme
Group income protection scheme
Daily healthy fruit & snacks
Comprehensive business expense policy (including lunches when travelling away from base location)