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Property asset manager

London
Cobalt Recruitment
Property asset manager
Posted: 1 August
Offer description

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Title: Property Asset Management – Client Side

Location: London, West End

About:

* I am Partnered with a Property Company who own an eclectic, prime portfolio across the West End, comprising a versatile set of office, retail, leisure, and alternatives assets
* They are seeking a Property Asset Manager to join their team. The individual will report to the Head of Asset Management, and collaborate closely with other teams including Leasing.
* A holistic in-house role - you will be responsible for a mixture of daily Property Management, alongside Asset Management duties as minor refurbishments, lease events, tenant negations and more
* As such, this role could be ideally placed for a candidate looking to move client-side to utilise their existing skills, while significantly increasing their strategic acumen and access to the decision-making process.

The Duties:

* Property Asset Management for a diverse commercial portfolio, comprising world-class tenants occupying prime buildings across the West End
* Regularly meeting, interacting and negotiating with tenants throughout the portfolio – prioritising an exceptional customer experience for each occupier
* Asset Management work can include minor refurbishments, in addition to lease regears, rent reviews
* Involvement in strategic meetings connected to the business plans for each asset, including the scrutinising of cashflow forecasts, and more.
* Progressing leases from Head of Terms through to successful completion.
* Produce monthly, quarterly and annual reports for the landlord in relation to the assigned portfolio and its performance
* Collaborate with the leasing team to provide regular reporting on both leasing and occupier strategy for the assigned portfolio
* Proactively highlight lease events such as rent reviews, lease renewals and expiries, lease assignments and dilapidations
* Carry out leasing due diligence and manage tenant fitouts.
* Oversee business rates and service charges including reviewing, issuing and approval of service charge budgets and reconciliations.
* Ensure that buildings within the assigned portfolio are compliant and up to date on all statutory regulations and health & safety requirements.

The Successful Candidate:

* Likely MRICS, but not essential
* Superb customer service and tenant relationship skills – able to use their initiative and be a professional ambassador for the portfolio
* Thorough understanding of commercial leases, especially landlord and tenant legislation.


Seniority level

* Seniority level

Associate


Employment type

* Employment type

Full-time


Job function

* Job function

Other

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