Associate, Real Estate Asset Management (Logistics)

Associate, Real Estate Asset Management (Logistics)

Full-Time 40000 - 50000 £ / year (est.) Home office (partial)
Ares Management Corporation

At a Glance

  • Tasks: Support asset management and financial analysis for logistics properties in the UK.
  • Company: Join Ares Management, a leader in global logistics real estate.
  • Benefits: Competitive salary, inclusive culture, and opportunities for career growth.
  • Other info: Collaborative environment with ongoing learning and development opportunities.
  • Why this job: Make an impact in a dynamic industry while building strong customer relationships.
  • Qualifications: University degree, 1-2 years experience in asset or property management.

The predicted salary is between 40000 - 50000 £ per year.

Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Marq Logistics is the global logistics real estate platform of Ares Management, overseeing more than 50 million square metres of industrial facilities across the Americas, Europe, and Asia‐Pacific. This Associate will support the asset management of the UK property portfolio, financial analysis of assets for lease events, and build and maintain positive customer relationships. They will also assist the UK Development/Investment team with leasing analysis for new development projects in accordance with the UK Business Plan and undertake reviews of portfolio and asset acquisitions as well as supporting with divestment of assets and supporting refinancing of assets.

Role responsibilities:
  • Support with lease review analysis and new lease approvals.
  • Support and be responsible for underwriting and analysis of lease renewals on existing assets.
  • The preparation and monitoring of asset level business plans, IRR reporting & ERM/IC Papers.
  • Support with the preparation of asset management reporting and participation at associated meetings.
  • Contribute to development reviews of portfolio and asset acquisitions.
  • Provide support with rent reviews, lease events and dilapidation claims.
  • Actively use and conduct regular data checks and updates in Yardi, Deepki, Anaplan, PowerBI and similar to ensure asset data alignment with Marq Logistics’ requirements.
  • Maintaining and updating the new opportunities excel for UK.
  • Reviewing with Investment/Development team asset portfolio updates required for Ares Equity/Debt/Diversified teams for ad hoc requests.
  • Maintain strong customer relationships with tenants through regular liaison and in person meetings.
  • To assist in providing customer aftercare solutions and problem solving to enhance the customer experience and to help win repeat business.
  • Support in coordinating reviews and documentation of tenant applications for alterations, subletting & assignments.
  • Support with the management of insurance placement and claims.
  • Support and assist the internal valuation team and external valuers with inspections and provision of required asset information for valuation exercises required by the business.
  • Comply with Marq Logistics processes and policies.
Requirements:
  • University degree & preferably RICS qualified/accredited.
  • 1-2 years PQE experience within Commercial Asset, Investment and/or Property Management experience ideally within the realm of Industrial/Logistics.
  • Strong competency and aptitude for excel use and literacy.
  • Proven track record of maintaining strong stakeholder and customer relationships delivering excellent customer service.
  • Experience of small project management and coordination.
  • Excellent organizational skills and a “hands-on” proactive attitude.
  • A highly collaborative approach with the Asset Manager and UK Investment & Development Team colleagues is always required.
  • The candidate will need to have the capability to work under sustained pressure to tight deadlines and demonstrate resourcefulness, independence, and initiative.
  • The ability to work with leadership and collaboration within large multi-disciplinary project teams is imperative.
  • The job requires an entrepreneurial, commercial and team orientated approach, with a current awareness of UK property market and the economic and social environment.
Reporting Relationships: Vice President, Real Estate Development

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.

Associate, Real Estate Asset Management (Logistics) employer: Ares Management Corporation

Ares Management is an exceptional employer, offering a dynamic and inclusive work environment in London where collaboration and entrepreneurial spirit thrive. Employees benefit from comprehensive career development opportunities, a strong emphasis on diversity, and the chance to engage with a global logistics real estate platform that is at the forefront of the industry. With a commitment to fostering a culture of trust and responsibility, Ares empowers its team members to build meaningful careers while contributing to shared prosperity.

Ares Management Corporation

Contact Details:

Ares Management Corporation Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Associate, Real Estate Asset Management (Logistics)

Get Involved in Local Property Events

Dive into local property expos and networking events! Real estate thrives on connections, so attending these events helps us meet potential employers and industry leaders, plus it's a chance to show off your enthusiasm for the field.

Connect with Local Agents on Social Media

Follow and engage with local real estate agents and firms on platforms like Instagram and LinkedIn. Sharing their posts and commenting with your insights can put you on their radar and might even lead to job opportunities at companies like Ares Management Corporation.

Don’t Underestimate the Power of Cold Outreach

Got your eye on a specific company like Ares Management Corporation? Don't hesitate to send a direct message or an email expressing your interest. Personalise your approach, maybe mentioning a recent listing or project of theirs, and it could set you apart from other candidates.

Utilise Property Management Platforms

Check out property management platforms and job boards tailored for the real estate sector. They often have exclusive listings, especially for full-time roles. Don't forget to visit Ares Management Corporation's careers page directly; we love seeing passionate candidates applying through our website!

We think you need these skills to ace Associate, Real Estate Asset Management (Logistics)

Financial Analysis
Lease Review Analysis
Underwriting
Asset Management Reporting
Data Management in Yardi, Deepki, Anaplan, PowerBI
Customer Relationship Management
Problem Solving

Some tips for your application 🫡

Show Your Real-Estate Savvy:When crafting your CV and cover letter, make sure to highlight any relevant experience in the real estate sector. If you've done internships, assistant roles, or even relevant coursework, lay it out clearly. We want to see your familiarity with market trends, property management, or any sales experience you've got under your belt!

Quantify Your Achievements:In real estate, numbers speak volumes! When detailing your past roles, use concrete figures to demonstrate your achievements. For example, mention how many properties you sold, the percentage increase in client satisfaction, or any successful negotiations. These metrics can give your application that extra punch it needs!

Tailor Your Documents for the Job:Every application should feel personal. When applying for the Associate, Real Estate Asset Management (Logistics) role at Ares Management Corporation, tweak your CV to focus on aspects that are important to them. If they value client relationships, emphasise your interpersonal skills. We want to see you aligning your experiences with what they're looking for!

Keep It Professional Yet Approachable:While we want you to show off your expertise, don't forget to let your personality shine through in your cover letter. A touch of friendliness can set you apart, especially in real estate where client interaction is key. Show that you're ready not just to work with the property but also with people!

How to prepare for a job interview at Ares Management Corporation

Know Your Market Trends

In real estate, it’s all about staying ahead of the curve. Make sure we brush up on the latest market trends in the area where Ares Management Corporation operates. Being able to discuss local property values, demand, and upcoming developments will show that we’re not just interested in the job, but genuinely invested in the industry.

Prepare for Scenario Questions

Expect some scenario-based questions during the interview. We might get asked how we’d handle different client situations or property evaluations. Preparing our responses for common real estate scenarios not only demonstrates our problem-solving skills but also shows that we can think on our feet in a client-facing role.

Showcase Your Connections

In full-time real estate, networking is key! Let’s think about our connections in the industry and what we can bring to Ares Management Corporation. Whether it’s insights on prospective clients or relationships with local contractors, talking about these experiences can set us apart from other candidates.

Demonstrate Technical Savvy

Familiarity with different real estate software tools is a big plus. We should be ready to discuss any platforms we've used, whether it's for property management, CRM, or data analysis. Being comfortable with technology not only makes us more efficient, but also shows that we’re adaptable to the tools used at Ares Management Corporation.