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Asset Manager

Trident
Posted a day ago, valid for 20 days
Location

London, Greater London EC1R 0WX

Salary

£50,000 - £60,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The position is for an Asset Manager with a focus on a commercial portfolio of retail and industrial properties in London.
  • Candidates must have at least 5 years of experience managing a commercial property portfolio and hands-on experience with rent reviews, lease renewals, and lettings.
  • Responsibilities include negotiating lease events, overseeing property data accuracy, managing insurance claims, and preparing service charge budgets.
  • The role requires working in the office 4 days a week and familiarity with standard commercial lease terms is essential.
  • Salary details are not specified, but the position is with a recognized real estate owner/investor looking to expand their team.

Asset Manager. OUR CLIENT is an established and recognised real estate owner / investor who are expanding and are now looking for an Asset Manager to join the Team and work on a commercial portfolio of London based retail and industrial properties.

THE ROLE:

  • Negotiating and dealing with tenants' lease events including rent reviews, break clauses and lease expiries.
  • Familiarity with standard commercial lease terms and ability to fully interpret lease terms from leasing documents.
  • Instruct and monitor letting agents on vacant commercial properties.
  • Reviewing, negotiating and agreeing Heads of Terms with prospective tenants via instructed agents.
  • Oversee the accuracy of property data on the system in respect of lease, service charge and insurance for all lease events.
  • Understanding tenant rent statements and investigating discrepancies and variances.
  • Responsible for annual insurance renewal ensuring best value.
  • Ensure billing of recoverable insurance premia from appropriate tenants and managing insurance claims.
  • Dealing with all applications for consent including alterations, assignments and underletting's.
  • Minimize vacant property costs including mitigating business rates and utility charges.
  • Ensure statutory audits are undertaken, recorded and accounted for in the service charges for health & safety, fire, asbestos, water risk assessments etc.
  • Dealing with all business rates matters.
  • Prepare/approve service charge budgets, demands and apportionments.
  • Oversee Section 20 procedures for long term service contracts and major works.

THE PERSON: To apply for this role, you will:

  • Have 5+ years experience managing a commercial property portfolio.
  • Must have hands on portfolio property management experience.
  • Must have hands on rent review, lease renewal and lettings experience of commercial properties.
  • Happy to work in the office 4 days a week.

To learn more about our company and vacancies we are currently working on, visit our website and follow us on LinkedIn

Please note that due to volume we cannot get back to everyone, however every application is looked at and considered and will be held on Trident International's database for review. If you have not heard back from us within 5 working days you should assume your initial application has been unsuccessful, however if suitable roles arise in the future, we will make every effort to contact you. By applying for this job, you accept the Privacy Policy and Disclaimers which can be found on our website.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.