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Asset Management Specialist
2 months ago
Job Title: Asset Management Specialist
Job Reference: #J-18808-Ljbffr
Company: Capstone Property Recruitment
Location: Warwickshire
Job Type: Full-time
Salary: Up to £38,000 plus bonus + benefits
About the Role
The Asset Management Specialist will play a crucial role in supporting the Asset Director in the implementation and delivery of agreed-upon asset management strategies, focusing on maximizing the performance of the Group's portfolio of commercial property assets.
Key Responsibilities
- Lead all landlord and tenant matters associated with the proper management of assets owned or managed by the organisation as directed by Leadership Team.
- Diligently ensure all matters relating to the management of landlord and tenant relationships occur during the property lifecycle.
- Market vacant spaces: Lead on engagement with agents, effectively communicating expectations, restrictions and aspirations in line with defined asset management strategies.
- Engage and collaborate with prospective tenants.
- Lead efforts to negotiate new leases whilst seeking appropriate approval for recommendations having conducted appropriate levels of risk evaluation.
- Engage and collaborate with legal advisors where necessary at all stages of the property lifecycle to facilitate their delivery of instruction.
- Collaborate with the Property Manager to ensure properties and estates are managed in a manner that is conducive to the successful implementation of asset management strategies.
- Lead communications with asset occupiers to ensure that both parties adhere to contractual obligations.
- Proactively monitor upcoming events, including rent reviews, lease renewals, and break clauses.
- Formulate exit strategies for when tenants' leases come to expire/terminate to ensure a minimal period of void occupation and agreeable dilapidation settlements are reached.
- Prepare data for reporting, quarterly or otherwise as required.
About You
- RICS accredited degree or masters in property related discipline.
- Experience negotiating lease agreements with prospective tenants, considering risk evaluation and financial implications.
- Skill in managing relationships with asset occupiers.
- Capability to effectively market vacant spaces and engage with agents.
- Understanding of legal aspects related to landlord and tenant matters, including lease agreements, property laws, and contractual obligations.
- Capability to analyse data for reporting purposes.
- Effective communication skills are essential for engaging with stakeholders, negotiating agreements, and ensuring compliance with contractual obligations.
- Diligence in ensuring that all matters related to landlord and tenant relationships occur during the property lifecycle, with attention to detail to avoid errors and discrepancies.
- Reliable, trustworthy and honest, always acting with integrity.
