Asset Manager

  • Location

    Oxfordshire, England

  • Sector:

    Real Estate

  • Job type:

    Permanent

  • Salary:

    £45000 - £60000 per annum + Package + Bonus

  • Contact:

    Robert Cawood

  • Contact email:

    r.cawood@capstone-recruitment.com

  • Job ref:

    5696_1555495566

  • Published:

    4 months ago

  • Expiry date:

    2019-05-17

  • Consultant:

    #

Asset Manager

£45,000 - £60,000 plus package

Oxford

To work for a leading British-based Investment and Development business. You will be a key member of the Commercial Team helping deliver the objectives set out in their 5 year Business Plan.

Role overview:

  • Taking responsibility for a defined part of the portfolio and identifying, evaluating, recommending and implementing all approved commercial initiatives including lettings, lease renewals, rent reviews, lease re-gears, surrenders and refurbishments.
  • Taking responsibility for the maintenance of crucial estate data and investor asset reporting requirements.

The estate:

  • 3 million sq ft estate valued at well over £0,5 billion.
  • 250 occupiers on 310 leases, employing 9,000 people.
  • 5 year Business Plan forecasting 360,000 sq ft of development.
  • Average of one leasing transaction a week.

About the role:

  • Rapidly build positive relationships with the existing occupiers and identify value add initiatives to extend the average weighted lease length and grow the annual rental income by 5%.
  • Working with external agents to ensure that vacant space is let within the void periods set out in the Business Plan. Minimise void and non-recoverable costs.
  • Manage rent reviews promptly and efficiently, settling 90% of reviews within 3 months of the review date at or above ERV.
  • Managing lease renewals to ensure all those which are outside the 54 act are completed prior to expiry of the current lease, at or above ERV.
  • Working closely with external managing agent to ensure their service level agreement is fulfilled and all data in TRAMPS is up to date.
  • Ensuring the external agent promptly handle all occupier requests for modifications/alterations, present all voids to the best possible standard and generally provide an excellent level of customer services
  • Taking responsibility for preparing quarterly investor reports
  • Assisting in making robust financial business cases for new developments and other commercial initiatives which require approval.
  • Assisting with the production of the 5 year Business Plan and associated financial modelling.
  • Reporting on Responsible Property Investing activities.

About you:

  • Rounded experience in all commercial property sectors.
  • Confident, committed, enthusiastic diplomatic and a team player able to work with a variety of styles.
  • Strong financial analytical organisational and appraisal skills
  • Clear and concise report writing ability
  • Excellent presentation, sales, and negotiation skills.
  • Creativity, honesty with the willingness to learn.
  • RICS membership or equivalent experience
  • 3- 5 years PQE
  • Strong IT skills, particularly Excel.

To apply or to discuss this role confidentially, please contact Rob Cawood on +44 (0) 203 757 5000 or email r.cawood@capstone-recruitment.com

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