Commercial Asset Manager
2 days ago
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 multiple sectors but a strong focus on Residential.
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.
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