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- Tasks: Manage a diverse property portfolio and negotiate leases while ensuring efficient operations.
- Company: Join the Arora Property division, managing £2.5bn in assets across various sectors.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Be part of a fast-paced team making impactful decisions in property management.
- Qualifications: 5+ years in Real Estate; MRICS preferred but not essential.
- Other info: Great opportunity for career growth in a supportive and collaborative setting.
The predicted salary is between 36000 - 60000 £ per year.
The Arora Property division was set up to provide a property management and asset management service. It currently manages circa £2.5bn of property assets which include operated hotels, a portfolio of externally leased hotels, offices and commercial spaces as well as land holdings across London, major regional airports, home counties and Scotland.
The ideal candidates will possess the breadth of competency, dynamism and adaptability to operate within a fast-paced, demanding commercial environment. The successful candidate will ensure the commercialisation strategy aligns with the Company's long-term objectives and ensures business sustainability. The candidate will be solution-focused and able to communicate effectively at all levels, internally and externally.
Duties and Responsibilities:
- Assist in the management of the portfolio, including negotiations of new leases and licenses, negotiations upon renewal or expiry of a lease.
- Assist the Senior Facilities Manager in coordinating maintenance works, instruct dilapidation works, and Landlord fit-out works.
- Be pro-active and forward-thinking to drive revenues and ensure efficient operation of the Arora Property Portfolio.
- Assist in the day-to-day management of the mixed-use portfolio.
- Provide professional advice to all departments regarding commercial property or estate management matters.
- Liaise with tenants, landlords, contractors and others as required, including dealing with telephone calls, emails and personal visits in a timely and courteous manner.
- Responsible for all landlord and tenant matters, lettings, rent reviews, lease renewals assignments, sub-letting, alterations and budgeting/forecasting.
- Liaise with our property management accountant to ensure rent reviews are triggered and correct rent is demanded in accordance with the lease.
- Negotiate all estate matters arising under existing leases of premises for both directly managed buildings and external agent managed buildings.
- Responsible for letting of vacant properties and liaising with leasing agents.
- Ensure the tenancy schedule is up to date on a weekly basis.
- Assist in the Service Charge management and budget.
- Support the Head of Property and Property Director on general portfolio administration.
- Efficient email correspondence, passing of messages and following up with all clients/tenants.
- Ad hoc filing and administration duties.
- Ensure information on the property database is kept up-to-date regarding properties managed and any project dealt with.
- Undertake any other duties within capabilities as and when required.
Skills and Experiences:
- Preferably a qualified member of the Royal Institution of Chartered Surveyors (MRICS) but consideration will be given to those with at least 5 years' experience as a Commercial Management Surveyor.
- 5+ years in a similar Real Estate role either client side or consultancy.
- Ability to take full responsibility of the portfolio.
- Ability to coordinate all parties involved and report to the Directors.
- Well organised and efficient.
- Good working knowledge of MS Office, MS Excel and Outlook.
Associate - Property Asset Management in England employer: Arora Group Head Office
Contact Detail:
Arora Group Head Office Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate - Property Asset Management in England
✨Tip Number 1
Network like a pro! Get out there and connect with people in the property management scene. Attend industry events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its portfolio. Understand their commercialisation strategies and be ready to discuss how your skills can help drive revenues. We want you to show them you’re not just another candidate, but the perfect fit for their team!
✨Tip Number 3
Practice your communication skills! Since the role involves liaising with tenants, landlords, and contractors, being able to articulate your thoughts clearly is key. Try mock interviews with friends or family to get comfortable with discussing your experience and ideas.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. So, go ahead and submit your application today!
We think you need these skills to ace Associate - Property Asset Management in England
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Property Asset Management role. Highlight your relevant experience, especially in managing portfolios and negotiating leases. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Associate position. Share specific examples of your past achievements and how they relate to the responsibilities listed in the job description.
Showcase Your Communication Skills: Since effective communication is key in this role, make sure your application reflects that. Use clear and concise language, and don’t forget to proofread for any typos or errors. We appreciate attention to detail!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive – a quality we value!
How to prepare for a job interview at Arora Group Head Office
✨Know Your Portfolio Inside Out
Before the interview, make sure you thoroughly understand the property portfolio you'll be managing. Familiarise yourself with the types of properties, their locations, and any recent developments or challenges. This will help you demonstrate your knowledge and show that you're proactive about the role.
✨Showcase Your Negotiation Skills
Since negotiations are a key part of this role, prepare examples of past negotiations you've successfully handled. Be ready to discuss your approach, the challenges you faced, and the outcomes. This will highlight your ability to drive revenues and manage landlord-tenant relationships effectively.
✨Communicate Clearly and Confidently
Effective communication is crucial in property asset management. Practice articulating your thoughts clearly and confidently. Consider doing mock interviews with a friend or mentor to refine your delivery and ensure you can engage with various stakeholders, from tenants to directors.
✨Demonstrate Your Problem-Solving Ability
Prepare to discuss specific instances where you've tackled challenges in property management. Highlight your solution-focused mindset and how you've contributed to business sustainability. This will show that you're not just reactive but also proactive in driving the success of the property portfolio.
