Senior Retail Asset Manager
1 week ago
The group businesses provide a fully integrated platform from offices in London, Manchester and Birmingham, employing 400+ staff throughout the UK.
Established for over 16 years, Praxis has transacted over £1.5bn, and with continued growth, is looking to grow its Retail Asset Management function, adding an established, capable Retail Asset Manager to the team.
This role will take responsibility for multiple privately-owned retail assets, making key decisions regarding the effective management of your Shopping Centres.
You will provide insightful expertise on opportunities to enhance cash flow and asset value, successfully lead on initiatives to increase value and own the full property management process with your own in-house PM resource.
You will be expected to deliver concise, accurate and effective reporting, present confident pitches to both internal and external stakeholders, provide top-of-the-class asset management advice and drive the profitable revenue growth and development of your assets to new highs.
You will have complete ownership of your Assets and, as such, are expected to organise and lead the teams around you to ensure full delivery.
ResponsibilitiesYour duties will include, but are not limited to:
Implement the agreed annual business plan to deliver targets for net income, occupancy rates, transaction flow and ERV growthnAdvising the Board on Asset Management needs in relation to large retail propertiesnIdentification and delivery of asset enhancement initiatives, including the implementation of value-add strategiesnLead, manage and execute all leasing and major lease events in line with the annual business plan, including the reconfiguration of available spacenResponsible for improving and achieving the net income target across your assets by the above, and removing breaks, extending leases, implementing rent reviews/lease renewals etc.
About You
Demonstrable, solid Asset Management working experience with a proven track record in leasing and marketing large retail led assetsnMRICS qualifiednStrong commercial acumen with an understanding of income, costs, managing budgets and delivering on business plansnProficient understanding of how to best manage expectations, and deal with demanding clientsnExperience of incorporating ESG requirements into leasing strategiesnDemonstrable expert report-writing and presentation skillsnAdvanced ability across MS Office packages including but not limited to MS Excel/VisionAbility to combine property knowledge with professional presentation and report writing skillsnA background of working as an Asset Manager within a shared team, bringing a working knowledge of how the nature of this relationship works
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