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Commercial Asset Manager

2 months ago

Loughton Essex, United Kingdom Galliard Homes Ltd Full time

Who are we?

Founded in 1992 and with over 250 employees, Galliard Homes is London's largest privately owned property development and management group overseeing residential, hospitality, mixed-use, and commercial projects across London, the Home Counties, and the Midlands.

Galliard has a £4 billion portfolio of over 6,000 homes and 714,088 square feet of commercial developments under construction.

With an impressive portfolio of award-winning developments, we are proud to be considered as London's leading property developer.

The Position

As a Commercial Asset Manager, you will be responsible for managing a portfolio of Commercial Assets owned by Galliard Homes, ensuring their optimal performance, profitability, and value enhancement.

Your role will involve overseeing and negotiating lease agreements, actively marketing vacant units, conducting rent reviews, maintaining accurate portfolio data, and fostering strong relationships with tenants, managing agents, and internal stakeholders.

You will be responsible for the following duties:

  • Keeping the commercial portfolio records accurate and up to date regarding tenancies, vacancies, and dates.
  • Making sure vacant units are actively marketed and a proactive approach is being taken to let vacant areas.
  • Regularly speaking to managing agents to collate latest client statements, arrears reports, and to carry out rent reviews.
  • Partnering with the wider Galliard Homes team to understand the strategy of each site within the portfolio to understand where we may need to deliver Vacant Possession.
  • Working with building surveyors when leases are drawing to an end to carry out a dilapidation survey and negotiate with the tenant to ensure we receive a substantial payment for any required refurbishment works.
  • Identifying sites where refurbishments will enhance the value and marketability of a property.
  • Assist the Investment and Acquisitions teams with any information or assistance they require as and when necessary.
  • Ensuring a good level of communication is kept with tenants and managing agents.
  • Reviewing service charge budgets and ensuring our tenants are receiving a good level of service in return and that the budget is affordable and realistic for the site.
  • Reviewing, signing off, and managing business rates across the portfolio.
  • Assessing the usability of our sites and considering planning uses to maximise value.

The Person

The Commercial Asset Manager will have exceptional organisational and communication skills with sounds commercial knowledge. The successful candidate will demonstrate the following:

Essential:

  • Makes valuable contributions through their skill set, talent, knowledge, and proactive work habits.
  • Determination to provide solutions to improve efficiencies and getting things done.
  • Ability to put forward their own ideas to improve the success of each asset.
  • Disciplined actions to achieve the set strategy for each asset.
  • Contributes to the achievement of group objectives and works effectively with others in a group setting.
  • Good communication skills, with the ability to present ideas in a clear format, and professional manner.
  • Confidence to liaising with external organisations and individuals, JV partners, Solicitors, banks etc.

Desirable:

  • Minimum 5 years relevant experience in Commercial Asset Management or similar within a Property Development or Property Management business.
  • RICS accredited.

The Benefits

As a family-owned business, we want everyone to feel at home from day one. In return for commitment, loyalty, and hard work, we offer benefits ranging from:

  • 24 days holiday plus bank holidays
  • Life assurance
  • Private health care
  • Critical illness insurance
  • Matching contribution pension scheme
  • Discretionary salary and bonus review
  • Employee assistance programme
  • Discounted gym memberships
  • Discount portal
  • Volunteering opportunities
  • Sponsorship of professional qualifications and accreditation's

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