Commercial Asset Manager

6 days ago


London UK, UK, United Kingdom Joshua Robert Full time

About the Client:

Our Client is a exciting player in the commercial real estate sector, they're an International Buyside PropCo with over £1 Billion in Assets across multiple sectors but a strong focus on Residential.


Position Overview:

They're seeking a proactive and detail-oriented Commercial Asset Manager to join their dynamic team. The ideal candidate will possess a strong background in commercial property management, with a focus on lease negotiation, compliance, and financial oversight. If you have a passion for commercial real estate and a track record of successful asset management, then this could be the role for you.


Key Responsibilities:

  • Lease Management: Monitor and negotiate tenant lease events, including rent reviews, break clauses, and expiries. Interpret and manage lease terms effectively.
  • Vacant Property Management: Instruct and oversee letting agents on vacant commercial properties to minimize downtime.
  • Financial Oversight: Review and negotiate Heads of Terms with prospective tenants and ensure accuracy of property data related to leases, service charges, and insurance.
  • Insurance Management: Oversee annual insurance renewal, ensuring best value and managing billing of recoverable insurance premiums.
  • Compliance & Audits: Ensure compliance with statutory audits, including health & safety and fire risk assessments, and manage all applications for tenant consent.
  • Budget Preparation: Prepare and approve service charge budgets, demands, and apportionments, and liaise with the accounts department for reconciliations.
  • Project Management: Communicate with tenants regarding ongoing projects and oversee repair quotes to ensure financial forecasts are accurate.


Requirements:

  • Minimum 5 years of comparable experience in commercial asset management.
  • Comprehensive knowledge of relevant legislation and best practices.
  • Strong commercial and financial acumen, with excellent attention to detail.
  • Exceptional organizational skills, able to prioritize and manage time efficiently.
  • Excellent communication, writing, influencing, and negotiation skills.
  • Ability to work autonomously and exercise sound judgment in decision-making.
  • Familiarity with Qube property management software is preferred.


What We Offer:

  • Competitive salary, annual bonus scheme and strong benefits package
  • Opportunities for professional development and career advancement.
  • A collaborative and supportive work environment.



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