Commercial Property Administrator
1 day ago
The Commercial Property Administrator role is to support the asset management team in relation to leases, rent reviews, service charge and property management.
**Client Details**
Our client are an established real estate asset management company with over £700m in assets under management for corporate and private clients. You will be sat within the real estate and property team reporting to the head of asset management based in theirPiccadilly (West End) Office.
**Description**
**Commercial Property Administrator Responsibilities**
- The property administrator is responsible for managing and utilising the Yardi property database.
- Upload the documents and create new leases on the database.
- Ensuring that the process is kept on time and both lawyers and Property Managers meet their KPI's on timing and accuracy.
- Check the tenancy schedule for accuracy monthly/quarterly and provide an accurate TS for valuation and board packs.
- Reconciling tenancy schedule reports with lease tracker, Lawyers leasing schedules, and internal ad-hoc reporting.
- Capex analysis - maintain a spreadsheet that shows the breakdown of projects. For example, the spend on a project per sq ft.
- Disposals/Acquisitions - keep the tracker up to date with relevant data showing when a property is bought and sold. Details will include purchase date, price paid, yield.
- Proactively request rates bills from councils on vacant properties and inform the council when a new tenant is found.
- Agree the new rent review stepped uplifts with the property managers.
- Initial review of the SC budget proposed by the property management team.
**Profile**
Key Experience & Criteria
- Previous experience within a Commercial Property Administrator position.
- Ability to read and understand commercial leases.
- Exposure to using a property management/lease database.
- Excellent written and verbal communication.
- Proven work ethic.
- Can do mentality.
**Job Offer
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