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Commercial Property Portfolio Manager

1 month ago

London, Greater London, United Kingdom Trident Full time

Job Title: Commercial Property Portfolio Manager

Job Summary: We are seeking a highly skilled Commercial Property Portfolio Manager to join our team at Trident International. The successful candidate will be responsible for managing a commercial property portfolio, negotiating with tenants, and ensuring the accuracy of property data.

Key Responsibilities:

  • Negotiate and deal with tenants' lease events, including rent reviews, break clauses, and lease expiries.
  • Familiarity with standard commercial lease terms and ability to fully interpret lease terms from leasing documents.
  • Instruct and monitor letting agents on vacant commercial properties.
  • Review, negotiate, and agree Heads of Terms with prospective tenants via instructed agents.
  • Oversee the accuracy of property data on the system in respect of lease, service charge, and insurance for all lease events.
  • Understand tenant rent statements and investigate discrepancies and variances.
  • Responsible for annual insurance renewal ensuring best value.
  • Ensure billing of recoverable insurance premia from appropriate tenants and managing insurance claims.
  • Deal with all applications for consent, including alterations, assignments, and underletting's.
  • Minimize vacant property costs, including mitigating business rates and utility charges.
  • Ensure statutory audits are undertaken, recorded, and accounted for in the service charges for health & safety, fire, asbestos, water risk assessments, etc.
  • Deal with all business rates matters.
  • Prepare/approve service charge budgets, demands, and apportionments.
  • Oversee Section 20 procedures for long-term service contracts and major works.

Requirements:

  • 5+ years of experience managing a commercial property portfolio.
  • Hands-on portfolio property management experience.
  • Hands-on rent review, lease renewal, and lettings experience of commercial properties.
  • Happy to work in the office 4 days a week.

About Us: Trident International is a leading real estate owner/investor with a strong presence in the London market. We are committed to delivering exceptional results for our clients and are seeking a talented individual to join our team.