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- Tasks: Manage a diverse property portfolio and drive revenue through effective lease negotiations.
- Company: Join the Arora Property division, a leader in property management since 2005.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Make a real impact in a fast-paced commercial setting while growing your career.
- Qualifications: 5+ years in Real Estate; MRICS preferred but experience is key.
- Other info: Collaborative team culture with opportunities for career advancement.
The predicted salary is between 36000 - 60000 £ per year.
The Arora Property division was set up in 2005 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 to ensure the sector activities are in line with the Company’s long-term objectives and ensure business sustainability. The candidate will be solution focused and be able to communicate effectively at all levels, internally and externally.
Duties and Responsibilities:
- The Arora Property division is looking for an experienced Property Asset Manager, to join at associate level, who will assist in the management of the portfolio to include 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.
- The successful candidate should 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.
- Providing 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.
- Liaising with our property management accountant to ensure rent reviews are triggered and correct rent is demanded in accordance with the lease.
- Negotiating 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.
- Supporting 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.
- Responsibility for ensuring 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 & 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.
Property Asset Manager in London employer: Arora Group Head Office
Contact Detail:
Arora Group Head Office Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Property Asset Manager in London
✨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
Show off your skills! When you get the chance to chat with potential employers, make sure to highlight your experience in managing portfolios and negotiating leases. Use specific examples that demonstrate your problem-solving abilities and how you've driven revenue in past roles.
✨Tip Number 3
Be proactive! If you see a company you’re keen on, don’t wait for them to post a job. Reach out directly and express your interest in working with them. Tailor your message to show how your skills align with their needs, especially in areas like asset management and tenant relations.
✨Tip Number 4
Keep it organised! Make sure you have a solid system for tracking your applications and follow-ups. This will help you stay on top of opportunities and ensure you don’t miss out on any important communications. And remember, apply through our website for the best chance at landing that dream role!
We think you need these skills to ace Property Asset Manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Property Asset Manager role. Highlight your relevant experience in property management and asset management, and don’t forget to showcase your skills in negotiation and communication. We want to see how you can bring value to our team!
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 role and how your background aligns with our company’s objectives. Be sure to mention your proactive approach and solution-focused mindset, as these are key traits we’re looking for.
Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to drive revenues and manage portfolios effectively. Numbers speak volumes, so if you’ve improved efficiency or increased revenue in past roles, let us know!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy to do!
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. This will show your potential employer that you're proactive and genuinely interested in the role.
✨Demonstrate Your Negotiation Skills
Since the role involves negotiating leases and renewals, prepare examples of past negotiations you've successfully handled. Be ready to discuss your approach, the challenges you faced, and how you achieved a positive outcome. This will highlight your solution-focused mindset.
✨Showcase Your Communication Abilities
Effective communication is key in this role. Think of instances where you've liaised with various stakeholders, such as tenants, landlords, or contractors. Be prepared to explain how you ensured clear and timely communication, which is crucial for maintaining strong relationships.
✨Be Ready to Discuss Financial Acumen
As the role involves budgeting and forecasting, brush up on your financial knowledge. Be prepared to talk about how you've managed budgets in the past, any tools you've used, and how you ensure accuracy in financial reporting. This will demonstrate your capability to handle the financial aspects of the portfolio.
