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For Companies At a Glance
- Tasks: Manage a diverse commercial property portfolio and oversee daily operations.
- Company: Join a local authority in the East Midlands focused on effective asset management.
- Benefits: Enjoy competitive pay of around £450 per day and flexible working arrangements.
- Why this job: Make a real impact on community assets while developing your property management skills.
- Qualifications: 5+ years in commercial property management with local authority experience required.
- Other info: This is a 6-month contract with one day on-site each week.
The predicted salary is between 81000 - 108000 £ per year.
Location: East Midlands - 1 Day p/w on site
Contract: 6-months ongoing
Pay: Circa £450 per day DOE
Our client, a local authority in the East Midlands, is seeking an experienced Interim Principal Asset Manager to support their property team in delivering effective asset management across their estate. This is a hands-on role focused on general property management, lease events, asset reviews and valuations.
The Role
As Principal Asset Manager, you will be responsible for a wide range of estate management functions across a varied commercial property portfolio. You will play a key role in ensuring the council's property assets are managed efficiently, delivering value for money and supporting strategic priorities.
Key Responsibilities
- Day-to-day property management across the council's operational and investment estate
- Undertaking lease renewals, rent reviews, and managing landlord and tenant matters (primarily lower value but varied)
- Supporting leasing activity and negotiations with tenants and occupiers
- Carrying out capital and rental valuations to inform decision-making
- Supporting or leading on asset review programmes and associated project work
- Advising on property issues and contributing to longer-term asset strategy
Requirements
- 5+ years' experience in commercial property / asset management
- General property management expertise - this is the core focus of the role
- Local authority experience
- Strong knowledge of lease renewals, rent reviews, landlord & tenant
- Experience in valuations (capital and rental)
- Experience in asset reviews and small-scale project management
How to Apply
If you're interested in applying, please apply now with your CV and contact Joe O'Halloran at Spencer Clarke Group on 01772 954200.
Principal Asset Manager employer: Spencer Clarke Group Ltd.
Contact Detail:
Spencer Clarke Group Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Principal Asset Manager
✨Tip Number 1
Network with professionals in the local authority sector. Attend industry events or join relevant online forums to connect with individuals who may have insights into the role and the organisation.
✨Tip Number 2
Familiarise yourself with the specific property management challenges faced by local authorities. Understanding these issues will help you demonstrate your knowledge during interviews and show how you can add value.
✨Tip Number 3
Prepare to discuss your experience with lease renewals and rent reviews in detail. Be ready to provide examples of how you've successfully managed these processes in previous roles.
✨Tip Number 4
Research the council's current property portfolio and any recent developments or projects. This will allow you to tailor your discussions and show your genuine interest in their operations.
We think you need these skills to ace Principal Asset Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in commercial property and asset management. Focus on your achievements in lease renewals, rent reviews, and any local authority experience you have.
Craft a Strong Cover Letter: Write a cover letter that specifically addresses the key responsibilities mentioned in the job description. Explain how your background aligns with their needs, particularly in managing property assets and supporting strategic priorities.
Showcase Relevant Skills: In your application, emphasise your expertise in valuations and project management. Provide examples of how you've successfully managed landlord and tenant matters, as well as any experience with asset review programmes.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is crucial for a role in asset management.
How to prepare for a job interview at Spencer Clarke Group Ltd.
✨Showcase Your Experience
Make sure to highlight your 5+ years of experience in commercial property and asset management. Be prepared to discuss specific projects or situations where you successfully managed properties, handled lease renewals, or conducted valuations.
✨Understand Local Authority Dynamics
Familiarise yourself with the workings of local authorities, especially in the East Midlands. Demonstrating knowledge about their strategic priorities and how your role as Principal Asset Manager can support these will set you apart.
✨Prepare for Technical Questions
Expect questions related to lease renewals, rent reviews, and landlord-tenant matters. Brush up on relevant legislation and best practices to confidently answer any technical queries that may arise during the interview.
✨Demonstrate Project Management Skills
Since the role involves supporting or leading asset review programmes, be ready to discuss your experience with small-scale project management. Share examples of how you've successfully managed projects from inception to completion.
