Office Portfolio Strategist

6 days ago


London, Greater London, United Kingdom The Portman Estate Full time

Job Summary:

We are seeking an experienced Office Portfolio Strategist to join our team at The Portman Estate.

About the Role:

The successful candidate will be responsible for driving performance of our office portfolio, with a focus on reducing vacancy, delivering long-term income growth, and increasing tenant retention rates through developing strong occupier relationships.

The portfolio comprises over 200 directly let units across close to 90 buildings, catering to a range of occupier requirements.

The individual will work closely with the Head of Commercial Property and supported by another Asset Manager to co-ordinate success across the office portfolio.

Key Responsibilities:

  • To extract added value and maintain/improve income from the office portfolio, as well as other sector assets where required.
  • To prioritise excellent customer service in all aspects of day-to-day asset management, ensuring that Landlord and Tenant interactions are conducted in accordance with the ethos and values of the Estate.
  • To contribute to the formulation of long and short-term strategies of the Estate, together with performance reviews to ensure the profitable growth of the assets of the Trust and the Company.
  • To carry out detailed analysis of the performance of the office portfolio, attributing all costs and income on a unit-by-unit basis and identifying performance drivers.
  • To work with internal teams and external advisors to assess the net operating income of the portfolio.
  • To provide oversight and report to the Board on performance of our operating partners providing serviced office space on the Estate.
  • To be responsible for progressing lease events such as rent reviews and lease renewals across the directly managed office portfolio, and to ensure that the negotiations are initiated and undertaken in a timely and professional manner.
  • To take responsibility for timely and professional documentation of all requests for consent, including lease assignments.
  • To provide valuation and investment advice in respect of relevant assets within the team's area of responsibility.
  • To liaise with Building Surveyors in respect of works, dilapidations and wants of repair.
  • To prepare annual budgets for properties within the office portfolio.
  • To liaise with the Credit Control Manager regarding rent collection and assist in recovery of arrears.
  • To ensure all tenant queries are responded to in an efficient and professional manner, ensuring acknowledgement of such queries within at least 24 hours.

Requirements:

  • Strong understanding of the London office leasing market
  • Recent experience of the London office leasing market
  • Working knowledge of the flex office market
  • Highly organised with an ability to multitask
  • Excellent communication skills
  • Strong numeracy skills
  • Good attention to detail
  • Good time management skills and ability to meet deadlines
  • Ability to handle sensitive data
  • Strong customer service skills

Salary: Up to £70,000 depending on experience.

Location: London, UK.



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