At a Glance
- Tasks: Manage retail assets, drive income growth, and enhance asset value across shopping centres.
- Company: Dynamic international real estate investment firm with a collaborative culture.
- Benefits: Competitive salary, annual bonus, comprehensive benefits, and excellent career progression.
- Other info: Opportunity to work closely with diverse teams and develop your career in real estate.
- Why this job: Join a fast-paced environment and make a real impact on high-profile retail destinations.
- Qualifications: Experience in retail asset management and strong financial modelling skills.
The predicted salary is between 56700 - 69300 £ per year.
Location
London, West End
About the Opportunity
An established international real estate investment and asset management property company is seeking a Retail Asset Manager.
The business manages a substantial portfolio of shopping centres, retail parks and designer outlet assets across the UK and Continental Europe, with a strong track record of creating value through active asset management and strategic investment.
This is an excellent opportunity to join a highly entrepreneurial organisation where asset managers work closely with investment, leasing, development and data teams to deliver business plans across high-profile retail destinations.
The Role
Reporting into the Head of Retail Asset Management, you will take responsibility for a portfolio of shopping centre and outlet assets, driving income growth, enhancing asset value and delivering long-term business plans.
Key responsibilities include
- Developing and implementing asset management strategies for retail and outlet assets.
- Preparing and executing annual business plans, budgets and capital expenditure programmes.
- Driving NOI growth through leasing initiatives, rent reviews, lease renewals and repositioning strategies.
- Working closely with leasing teams to optimise tenant mix and customer experience.
- Managing external managing agents, consultants and professional advisers.
- Overseeing service charge budgets, operational performance and ESG initiatives.
- Identifying value-add opportunities including refurbishments, repurposing and development projects.
- Preparing investment committee papers, financial analysis and regular asset performance reporting.
- Building strong relationships with occupiers, investors and joint venture partners.
- Supporting acquisitions, disposals and refinancing activities where required.
Candidate Profile
The successful candidate is likely to have
- MRICS qualification (preferred but not essential).
- Established existing experience in retail asset management
- Direct experience managing shopping centres, retail parks or designer outlet schemes.
- Strong understanding of leasing, landlord & tenant matters and commercial property fundamentals.
- Excellent financial modelling and business planning skills.
- Experience working with institutional investors, private equity or leading property companies.
- Strong stakeholder management and negotiation skills.
- Commercially minded with a proactive, entrepreneurial approach.
What's on Offer
- Opportunity to manage high-profile retail and outlet assets across the UK and Europe.
- Exposure to acquisitions, development and value-add strategies.
- Collaborative, entrepreneurial culture with a flat management structure.
- Competitive salary, annual bonus and comprehensive benefits package.
- Excellent long-term career progression within a growing international real estate platform.
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Retail Asset Manager employer: Cobalt Recruitment
As a Recruitment Manager in the vibrant Construction & Development sector, you will thrive in a dynamic work culture that prioritises collaboration and innovation. Our commitment to employee growth is evident through tailored development programmes and clear progression pathways, ensuring you can achieve your career aspirations while contributing to our collective success. Located in a bustling area, we offer unique advantages such as access to industry events and networking opportunities, making us an exceptional employer for those seeking meaningful and rewarding employment.
