Commercial Real Estate Asset Manager
Commercial Real Estate Asset Manager. OUR CLIENT are an international family-office who own large commercial assets in major cities. Due to further expansion in the UK they are looking for a proactive, Commercial Real Estate Asset Manager will take full ownership of asset and property management, working closely with tenants, vendors, and the accounting team to ensure smooth operations and maximise asset value.
THE ROLE RESPONSIBILITIES for the Commercial Real Estate Asset Manager will include:
- Lease and Tenant Management - Negotiating rent reviews, lease renewals, break clauses, and expiries. Drafting and amending leases. Ensuring vacant properties are let, instructing and managing agents as needed.
- Service Charges and Financial Oversight - Supporting accounting with service charge reconciliations, redevelopment budgeting, and cost management. Working with vendors to control expenses.
- Capital Expenditure and Redevelopment - Managing refurbishments and redevelopment projects, coordinating with vendors and contractors. Assessing redevelopment feasibility, advising on costs and planning.
- Future: Investment and Financial Analysis - Conducting financial modelling and due diligence on acquisitions. Overseeing budgeting, forecasting, and capital planning for existing assets.
- ESG and Compliance - Ensuring compliance with L&T legislation and ESG requirements. Overseeing energy efficiency and sustainability measures where applicable.
THE PERSON and SKILLS REQUIREMENTS for the Commercial Real Estate Asset Manager will have:
- Qualified Surveyor (MRICS) with at least 8 years commercial property / asset management experience
- Being self-driven
- Highly detail-oriented
- Deep knowledgeable of property operations, leasing, and financial oversight.
- The ideal candidate will take full ownership of asset and property management, working closely with tenants, vendors, and the accounting team to ensure smooth operations and maximize asset value
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