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You will be responsible for managing a portfolio of Commercial Assets ensuring their optimal performance, profitability, and value enhancement.
Your role will involve overseeing and negotiating lease agreements, actively marketing
vacant units, conducting rent reviews, maintaining accurate portfolio data, and fostering
strong relationships with tenants, managing agents, and internal stakeholders.
You will be responsible for the following duties:
- Keeping the commercial portfolio records accurate and up to date regarding tenancies, vacancies, and dates.
- Making sure vacant units are actively marketed and a proactive approach is being taken to let vacant areas.
- Regularly speaking to managing agents to collate latest client statements, arrears reports, and to carry out rent reviews.
- Partnering with the wider team to understand the strategy of each site within the portfolio to understand where we may need to deliver Vacant Possession.
- Working with building surveyors when leases are drawing to an end to carry out a dilapidation survey and negotiate with the tenant to ensure we receive a substantial payment for any required refurbishment works.
- Identifying sites where refurbishments will enhance the value and marketability of a property.
- Assist the Investment and Acquisitions teams with any information or assistance they require as and when necessary.
- Ensuring a good level of communication is kept with tenants and managing agents.
- Reviewing service charge budgets and ensuring our tenants are receiving a good level of service in return and that the budget is affordable and realistic for the site.
- Reviewing, signing off, and managing business rates across the portfolio.
- Assessing the usability of our sites and considering planning uses to maximise value.
The Person
The Commercial Asset Manager will have exceptional organisational and communication
skills with sounds commercial knowledge. The successful candidate will demonstrate the
following:
Essential:
- Makes valuable contributions through their skill set, talent, knowledge, and proactive work habits.
- Determination to provide solutions to improve efficiencies and getting things done.
- Ability to put forward their own ideas to improve the success of each asset.
- Disciplined actions to achieve the set strategy for each asset.
- Contributes to the achievement of group objectives and works effectively with others in a group setting.
- Good communication skills, with the ability to present ideas in a clear format, and professional manner.
- Confidence to liaising with external organisations and individuals, JV partners, Solicitors, banks etc.
Desirable:
- Minimum 5 years relevant experience in Commercial Asset Management or similar
- within a Property Development or Property Management business.
- RICS accredited.
The Benefits
As a family-owned business, we want everyone to feel at home from day one. In return for
commitment, loyalty, and hard work, we offer benefits ranging from:
- 24 days holiday plus bank holidays
- Life assurance
- Private healthcare
- Critical illness insurance
- Matching contribution pension scheme
- Discretionary salary and bonus review
- Employee assistance programme
- Discounted gym memberships
- Discount portal
- Volunteering opportunities
- Sponsorship of professional qualifications and accreditations
Jackson Sims Recruitment, specialists in Real Estate, covering Block & Estate Management, Property Management, AST, PRS, Build to Rent (BTR), Facilities Management, Concierge and Financial & Accounting Services, operating in London and throughout the UK. Should you be a candidate or client working in Real Estate, we have a multitude of recruitment services that can be tailored to you.
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