Asset Portfolio Manager
5 days ago
Job Summary:
Trident International is seeking an experienced Asset Manager to join our team and work on a commercial portfolio of London-based retail and industrial properties. As an Asset Manager, you will be responsible for managing the day-to-day operations of our properties, including negotiating with tenants, reviewing lease terms, and overseeing property data.
Key Responsibilities:
- Negotiate and deal with tenants' lease events, including rent reviews, break clauses, and lease expirations.
- Review and interpret standard commercial 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 manage 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 and 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 Trident International:
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 Asset Manager to join our team.
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