Job Title: Commercial Property Asset Manager
Location: Westminster, London (SW1)
Salary: £60,000
Contract: Permanent, full-time
Company Overview
Part of a privately-owned family office with over 30 years' experience in property investment and asset management across the UK, this business acts as a single point of contact for domestic and overseas clients, covering the full spectrum of their property requirements. Best known for its track record in residential development and project management, the business also runs a dedicated London property management team, bringing professionalism and discretion to every relationship it manages.
Role Overview
The Commercial Property Asset Manager is responsible for maximising the value and performance of a portfolio of commercial real estate assets. This role focuses on strategic planning, financial performance, leasing optimisation, and stakeholder management to ensure assets achieve income and capital growth objectives.
Key Responsibilities
Asset Strategy & Performance
- Develop and implement asset management strategies aligned with business objectives
- Monitor financial performance, including income, expenditure, and ROI
- Identify opportunities to enhance asset value (e.g., redevelopment, repositioning, lease restructuring)
- Prepare and manage annual business plans and budgets for each asset
Financial Management
- Oversee cash flow forecasting, budgeting, and variance analysis
- Maximise rental income and control operating costs
- Review and approve service charge budgets and reconciliations
Leasing & Tenant Management
- Work closely with leasing agents to reduce vacancies and optimise tenant mix
- Negotiate lease terms, renewals, rent reviews, and extensions
- Maintain strong tenant relationships to improve retention and satisfaction
- Monitor lease compliance and manage arrears in collaboration with property management
Property & Portfolio Management
- Collaborate with property managers to ensure efficient day-to-day operations
- Oversee maintenance plans, capital expenditure (CapEx), and asset improvements
- Ensure properties meet compliance, health & safety, and sustainability standards
- Conduct regular site inspections and performance reviews
Stakeholder Management
- Manage relationships with advisors, agents, surveyors, and legal professionals
Market & Investment Analysis
- Monitor market trends, rental levels, and competitor activity
- Support acquisition, disposal, or redevelopment opportunities
- Conduct due diligence for transactions and support deal execution
Requirements
- RICS qualified
- Around 3-5 years' experience in commercial property asset management
Key Competencies
- Strategic thinking and commercial awareness
- Analytical and data-driven decision-making
- Relationship building and influencing
- Problem-solving and initiative
- Attention to detail and organisational skills
Typical KPIs
- Portfolio income growth and yield performance
- Occupancy levels and tenant retention
- Budget adherence and cost control
- Asset value enhancement
- Delivery of asset management initiatives
Rewards and Benefits
- Health insurance
- Discretionary bonus
- 23 days annual leave, excluding bank holidays
- On-site parking
Commercial Asset Manager in London employer: deverellsmith Careers
As a leading Build to Rent operator in Cambridge, we pride ourselves on fostering a supportive and dynamic work environment where our Maintenance Operatives can thrive. With competitive salaries, a generous bonus structure, and a commitment to employee development, we offer unique opportunities for growth within a vibrant residential community. Join us to make a meaningful impact while enjoying the flexibility and camaraderie of a dedicated team focused on delivering exceptional living experiences for our residents.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Asset 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 deverellsmith Careers.
✨Don’t Underestimate the Power of Cold Outreach
Got your eye on a specific company like deverellsmith Careers? 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 deverellsmith Careers's careers page directly; we love seeing passionate candidates applying through our website!
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 Asset Manager role at deverellsmith Careers, 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 deverellsmith Careers
✨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 deverellsmith Careers 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 deverellsmith Careers. 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 deverellsmith Careers.
