At a Glance
- Tasks: Manage a portfolio of commercial retail properties and build strong relationships with clients.
- Company: Join a growing property consultancy with a dynamic team culture.
- Benefits: Competitive salary, hybrid working, travel expenses covered, and career growth opportunities.
- Other info: Opportunity to contribute to an expanding property management service line.
- Why this job: Make an impact in commercial property management while working with institutional investors.
- Qualifications: Experience in commercial property management and strong understanding of leases required.
The predicted salary is between 55000 - 65000 £ per year.
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
- Take ownership of the day-to-day management of a portfolio of commercial retail properties.
- Build and maintain strong relationships with landlords, tenants, occupiers and key stakeholders.
- Manage commercial leases, including assignments, alterations, change of use applications and lease breaches.
- Oversee lease events, including rent reviews, lease renewals, re-gears and expiries.
- Manage commercial rent arrears and implement appropriate recovery strategies.
- Prepare and oversee service charge budgets, expenditure and year-end reconciliations.
- Ensure service charge management is compliant with the RICS Service Charge Code.
- Monitor property expenditure, budgets and financial performance, providing regular reporting to clients.
- Oversee planned and reactive maintenance, contractors and external consultants.
- Manage dilapidations processes, including schedules, negotiations and settlements.
- Conduct regular property inspections, identifying maintenance, compliance and asset improvement requirements.
- Ensure properties meet relevant statutory, health and safety and insurance requirements.
- Work closely with solicitors, insurers, brokers and other professional advisers where required.
- Identify opportunities to improve asset performance and contribute to the continued growth of the property management offering.
About You
- Experience working within commercial property management, ideally managing retail or mixed-use assets.
- MRICS qualified, although candidates actively working towards their qualification through the Commercial Property pathway will also be considered.
- Strong understanding of commercial leases and landlord and tenant legislation.
- Experience managing lease events, including rent reviews, renewals and re-gears.
- Good knowledge of service charge management and the RICS Service Charge Code.
- Confident managing commercial arrears, financial reporting and budgets.
- Experience managing client relationships, ideally with institutional investors.
- Strong communication, organisation and negotiation skills.
- Commercially minded, proactive and comfortable taking ownership of a portfolio.
What's on Offer?
- Salary of £55,000-£65,000 depending on experience.
- Hybrid working, typically 2 days in the office and 3 days from home.
- Travel between sites covered through expenses.
- The opportunity to manage an established commercial portfolio.
- Exposure to institutional investors and a varied client base.
- The opportunity to contribute to the growth of an expanding property management service line.
Commercial Property Manager in London 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
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Property Manager in London
✨Get Involved in Local Property Events
Dive into local property expos and networking events! Real estate thrives on connections, so attending these events helps us meet potential employers and industry leaders, plus it's a chance to show off your enthusiasm for the field.
✨Connect with Local Agents on Social Media
Follow and engage with local real estate agents and firms on platforms like Instagram and LinkedIn. Sharing their posts and commenting with your insights can put you on their radar and might even lead to job opportunities at companies like Deverell Smith Recruitment Ltd.
✨Don’t Underestimate the Power of Cold Outreach
Got your eye on a specific company like Deverell Smith Recruitment Ltd? Don't hesitate to send a direct message or an email expressing your interest. Personalise your approach, maybe mentioning a recent listing or project of theirs, and it could set you apart from other candidates.
✨Utilise Property Management Platforms
Check out property management platforms and job boards tailored for the real estate sector. They often have exclusive listings, especially for full-time roles. Don't forget to visit Deverell Smith Recruitment Ltd's careers page directly; we love seeing passionate candidates applying through our website!
We think you need these skills to ace Commercial Property Manager in London
Some tips for your application 🫡
Show Your Real-Estate Savvy:When crafting your CV and cover letter, make sure to highlight any relevant experience in the real estate sector. If you've done internships, assistant roles, or even relevant coursework, lay it out clearly. We want to see your familiarity with market trends, property management, or any sales experience you've got under your belt!
Quantify Your Achievements:In real estate, numbers speak volumes! When detailing your past roles, use concrete figures to demonstrate your achievements. For example, mention how many properties you sold, the percentage increase in client satisfaction, or any successful negotiations. These metrics can give your application that extra punch it needs!
Tailor Your Documents for the Job:Every application should feel personal. When applying for the Commercial Property Manager role at Deverell Smith Recruitment Ltd, tweak your CV to focus on aspects that are important to them. If they value client relationships, emphasise your interpersonal skills. We want to see you aligning your experiences with what they're looking for!
Keep It Professional Yet Approachable:While we want you to show off your expertise, don't forget to let your personality shine through in your cover letter. A touch of friendliness can set you apart, especially in real estate where client interaction is key. Show that you're ready not just to work with the property but also with people!
How to prepare for a job interview at Deverell Smith Recruitment Ltd
✨Know Your Market Trends
In real estate, it’s all about staying ahead of the curve. Make sure we brush up on the latest market trends in the area where Deverell Smith Recruitment Ltd operates. Being able to discuss local property values, demand, and upcoming developments will show that we’re not just interested in the job, but genuinely invested in the industry.
✨Prepare for Scenario Questions
Expect some scenario-based questions during the interview. We might get asked how we’d handle different client situations or property evaluations. Preparing our responses for common real estate scenarios not only demonstrates our problem-solving skills but also shows that we can think on our feet in a client-facing role.
✨Showcase Your Connections
In full-time real estate, networking is key! Let’s think about our connections in the industry and what we can bring to Deverell Smith Recruitment Ltd. Whether it’s insights on prospective clients or relationships with local contractors, talking about these experiences can set us apart from other candidates.
✨Demonstrate Technical Savvy
Familiarity with different real estate software tools is a big plus. We should be ready to discuss any platforms we've used, whether it's for property management, CRM, or data analysis. Being comfortable with technology not only makes us more efficient, but also shows that we’re adaptable to the tools used at Deverell Smith Recruitment Ltd.
