Asset Manager – Client side – Commercial Real Estate-Berkshire

Ref: (Ref: D20D395)
Salary: £ 70,000 - 80,000
Specialist Area: Asset Manager / Investment Manager
Type: Permanent
Start Date: ASAP


OUR CLIENT is a successful private property investment company who hold an expanding portfolio of commercial property assets throughout the UK. As the company continues to grow, they have now created a further appointment for an additional Asset Manager who will be responsible for the asset, property, operations and facilities management across a geographical portfolio.  


THE ROLE will include the following responsibilities:

 

Asset Management:

  • Negotiating, instructing, managing and coordinating new lettings, lease renewals, and rent reviews, managing external advisors as required.
  • Contributing to the generation of strategy and implementation through the life of asset.
  • Identifying opportunities for developing relationships and increasing revenues.
  • Liaising with Centre Hosts and Campus Managers to ensure seamless coordination of lettings and renewals with members.
  • Responsible for lease documentation production, reviewing and completing within required time frames.
  • Providing and coordinating competitor pricing reviews, the local market place, member status and covenant strength to Director.
  • Preparing and maintaining cashflow forecasts for each allocated asset for 5 year horizon in conjunction with the Director.
  • Assisting the Asset Management Director with prep of Investor Reports on a quarterly basis.

 

Property Management:

  • Reviewing of the arrears and recovery via the managing agent, the local team or directly with the members to ensure timely recovery of debts on a weekly basis.
  • Managing local projects, tracking expenditure to allocated budgets, regular progress reporting to the AMD, and ensuring timely and efficient delivery.
  • Ensuring statutory compliance at each property, and coordinate with external property managers for delivery of remedial works as required.
  • Producing a schedule of major works for the next 5-10 years to ensure each project building is properly maintained and safe for all occupiers and building regulation compliant.
  • Ensuring correct and current lease documents and associated paperwork is saved and filed correctly with redundant documents being archived.
  • Ensuring good customer / tenant relationships are maintained.


Service Charge/Cost Management:

  • Monitoring Service charge delivery, competitive cost, correct apportionment, coordinate new budgets, and ensure timely delivery of the end of year accounts by effective management of the external management company.
  • Identify cost efficiencies and recommend alternatives to be implemented which enhance service and save costs.
  • Responsible for the service charge budget and monitoring the cost effectiveness of expenditure, monitoring expenditure for their cost codes, and providing help and support to the CH/CM.


THE PERSON: To apply, it is likely that you will be an experienced qualified Chartered Surveyor (MRICS) and will have worked in a similar role. The successful candidate should have a solid understanding of commercial property markets as well as valuations, leasing, service charges and property management. You should also have good communication skills both verbally/written as you will be liaising to stakeholders internally/externally. The incumbent should also have sound working knowledge of Property Management Systems such a TRAMPS/YARDI/QUBE as well as Excel. This is a solid career opportunity to join a company with good career prospects.





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