Commercial Property Manager
Location: London
Salary: £55,000-£65,000 depending on experience
Working Pattern: Hybrid - typically 2 days in the office and 3 days from home
I'm currently working with a property consultancy looking to appoint a Commercial Property Manager to join its growing property management team.
The successful candidate will take responsibility for a portfolio of 36 commercial retail units, acting on behalf of predominantly institutional investors, alongside a charity client.
This is a varied, client-facing position covering the full spectrum of commercial property management, with responsibility for the day-to-day operation of the portfolio, financial performance, landlord and tenant matters and supporting the wider asset management strategy.
Key Responsibilities
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Take ownership of the day-to-day management of a portfolio of commercial retail properties.
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Build and maintain strong relationships with landlords, tenants, occupiers and key stakeholders.
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Manage commercial leases, including assignments, alterations, change of use applications and lease breaches.
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Oversee lease events, including rent reviews, lease renewals, re-gears and expiries.
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Manage commercial rent arrears and implement appropriate recovery strategies.
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Prepare and oversee service charge budgets, expenditure and year-end reconciliations.
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Ensure service charge management is compliant with the RICS Service Charge Code.
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Monitor property expenditure, budgets and financial performance, providing regular reporting to clients.
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Oversee planned and reactive maintenance, contractors and external consultants.
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Manage dilapidations processes, including schedules, negotiations and settlements.
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Conduct regular property inspections, identifying maintenance, compliance and asset improvement requirements.
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Ensure properties meet relevant statutory, health and safety and insurance requirements.
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Work closely with solicitors, insurers, brokers and other professional advisers where required.
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Identify opportunities to improve asset performance and contribute to the continued growth of the property management offering.
About You
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Experience working within commercial property management, ideally managing retail or mixed-use assets.
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MRICS qualified, although candidates actively working towards their qualification through the Commercial Property pathway will also be considered.
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Strong understanding of commercial leases and landlord and tenant legislation.
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Experience managing lease events, including rent reviews, renewals and re-gears.
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Good knowledge of service charge management and the RICS Service Charge Code.
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Confident managing commercial arrears, financial reporting and budgets.
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Experience managing client relationships, ideally with institutional investors.
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Strong communication, organisation and negotiation skills.
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Commercially minded, proactive and comfortable taking ownership of a portfolio.
What's on Offer?
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Salary of £55,000-£65,000 depending on experience.
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Hybrid working, typically 2 days in the office and 3 days from home.
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Travel between sites covered through expenses.
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The opportunity to manage an established commercial portfolio.
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Exposure to institutional investors and a varied client base.
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The opportunity to contribute to the growth of an expanding property management service line.
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Commercial Property Manager employer: Deverell Smith Recruitment Ltd
Join a dynamic and rapidly expanding residential property business in the Midlands, where your role as a Viewing Associate will be pivotal in shaping the resident experience. With a competitive salary, generous bonuses, and a supportive work culture that values customer service and personal growth, you'll have the opportunity to thrive in a collaborative environment while making a meaningful impact on residents' lives. The company fosters a culture of accountability and flexibility, ensuring you can balance your professional responsibilities with personal commitments.
Contact Details:
Deverell Smith Recruitment Ltd Recruitment Team
