At a Glance
- Tasks: Lead the launch of a new asset management division and drive business growth.
- Company: Best Star Real Estate, a dynamic firm focused on innovative property investments.
- Benefits: Competitive salary, entrepreneurial environment, and opportunity for significant impact.
- Other info: Join a supportive team and build a scalable platform for success.
- Why this job: Be part of a pioneering team shaping the future of asset management in London.
- Qualifications: 10+ years in real estate asset management with a proven track record.
The predicted salary is between 100000 - 150000 £ per year.
Location: Mayfair, London
Reports to: Founder / Managing Director
Company Description
Best Star Real Estate focuses on value-add and opportunistic investment strategies within central London and the wider United Kingdom. Our expertise lies in identifying, acquiring, and managing high-potential commercial and residential properties. We are dedicated to delivering strategic asset management solutions that drive value creation and exceptional returns.
Role Overview
This role is responsible for establishing and scaling a new third-party asset-management platform within an existing real-estate investment and development business with the support of the founders and existing team. The Director will act as a self-starting business builder, combining origination, client relationship management, and hands-on asset-management execution to create a profitable new subsidiary.
The mandate includes:
- Winning external mandates
- Building a team and operational infrastructure
Core Objectives (First 24–36 Months)
- Launch a fully operational asset management division
- Secure £100m–£500m+ of third-party assets under management
- Build a scalable platform (people, systems, processes)
Key Responsibilities
- Business Development & Origination (Critical)
- Source and win third-party asset-management mandates
- Leverage existing relationships with institutions, PE funds, UHNW investors
- Lead pitch processes, proposals, and fee structuring
- Build long-term client relationships and repeat business
- Design and implement the asset-management business plan
- Establish operating model, reporting standards, and governance
- Work with senior leadership to structure the new subsidiary
- Asset Management Execution
- Oversee asset-level business plans and performance
- Drive NOI growth, leasing strategy, and value-creation initiatives
- Lead capex, repositioning, and development interface with internal teams
- Execute hold/sell strategies and disposals
- Set pricing strategy for asset-management fees (base + performance)
- Build and manage P&L for the new division
- Oversee underwriting, valuations, and financial modelling
Candidate Profile
- 10+ years in real-estate asset management / investment
- Proven track record of winning and managing third-party mandates
- Experience within Institutional advisory firms
- Demonstrated ability to operate entrepreneurially
Academic/ Professional Qualifications
- BSc / MSc in Economics, Finance, Real Estate, Surveying, Engineering
- MRICS qualification via Royal Institution of Chartered Surveyors
- CPA, ACA, CFA
- Origination mindset (not just asset-management execution)
- Commercial and entrepreneurial thinking
- Ability to operate with ambiguity and limited initial infrastructure
- Strong negotiation and client-facing skills
- Leadership and team-building capability
- Strategic thinking with hands-on delivery
Success Metrics
- Assets under management (AUM) growth
- Third-party revenue generation
- Profitability of the new division
- Client retention and repeat mandates
Director of Asset Management (Commercial and Living) employer: Best Star Real Estate
Contact Detail:
Best Star Real Estate Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director of Asset Management (Commercial and Living)
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend events, and join relevant groups. Building relationships can lead to opportunities that aren’t even advertised.
✨Tip Number 2
Show your passion! When you get the chance to chat with potential employers, let your enthusiasm for asset management shine through. Share your ideas on how you can add value to their team and make an impact.
✨Tip Number 3
Prepare for interviews by researching the company inside out. Understand their projects, values, and market position. This will help you tailor your responses and demonstrate that you’re the perfect fit for their new division.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you stand out, and applying directly shows your commitment to joining our team. Let’s make it happen!
We think you need these skills to ace Director of Asset Management (Commercial and Living)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Director of Asset Management. Highlight your experience in real estate asset management and any entrepreneurial ventures you've been part of. We want to see how your background aligns with our focus on value-add strategies!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to building our new asset management division. Be sure to mention any relevant relationships you've built in the industry.
Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to win mandates and drive growth. Numbers speak volumes, so if you've managed significant assets or increased revenue, let us know!
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 this exciting opportunity. Plus, it shows your enthusiasm for joining our team!
How to prepare for a job interview at Best Star Real Estate
✨Know Your Numbers
As a Director of Asset Management, you'll need to demonstrate a strong grasp of financial metrics. Brush up on key performance indicators like NOI, AUM, and cap rates. Be ready to discuss how you've driven these metrics in your previous roles.
✨Showcase Your Entrepreneurial Spirit
This role is all about building something new, so highlight your entrepreneurial mindset. Share specific examples of how you've successfully launched initiatives or managed projects with limited resources. This will show that you can thrive in ambiguity.
✨Build Relationships
Client relationship management is critical for this position. Prepare to discuss how you've built and maintained long-term relationships with clients or stakeholders. Bring examples of how these relationships have led to repeat business or successful mandates.
✨Prepare for Strategic Discussions
Expect to engage in strategic conversations about asset management execution and business development. Familiarise yourself with the latest trends in the real estate market and be ready to share your insights on how to create value in both commercial and residential properties.