At a Glance
- Tasks: Maximise value of commercial real estate assets through strategic planning and financial performance.
- Company: Privately-owned property investment firm focused on luxury real estate in central London.
- Benefits: Competitive salary, health insurance, discretionary bonus, and 23 days annual leave.
- Other info: Join a diverse team that values inclusion and offers excellent career growth opportunities.
- Why this job: Shape business outcomes and make a visible impact on portfolio performance in a dynamic environment.
- Qualifications: 3-5 years in commercial property asset management with strong analytical and relationship-building skills.
The predicted salary is between 60000 - 60000 £ per year.
Location: Westminster, London (SW1)
Salary: Up to 60,000
Contract: Permanent, full-time
Highlights
- Strategic ownership of a commercial real estate portfolio, with real influence over asset value and performance
- Direct involvement in leasing, lease restructuring, and repositioning decisions
- Close collaboration with agents, surveyors, and legal professionals on high-value transactions
About the opportunity
A privately-owned property investment and development company with a focus on luxury residential and commercial real estate across central London is looking for a Commercial Property Asset Manager to join the team. This role is responsible for maximising the value and performance of a portfolio of commercial real estate assets, focusing on strategic planning, financial performance, leasing optimisation, and stakeholder management to help each asset achieve its income and capital growth objectives.
What makes the role exceptional
This is a role where strategy meets action. You'll be trusted to develop and implement asset management strategies that genuinely shape business outcomes, not just support them, while working within a business known for its high-quality central London portfolio. It suits someone who's comfortable working independently and happy to roll their sleeves up, whether that's negotiating directly with tenants, getting hands-on with a site inspection, or driving a redevelopment opportunity from the ground up. From identifying opportunities to redevelop, reposition, or restructure leases, to negotiating directly with tenants and agents, every decision you make will have a visible impact on portfolio performance.
Key responsibilities
- Develop and implement asset management strategies aligned with business objectives, preparing annual business plans and budgets for each asset
- Monitor financial performance, including income, expenditure, and ROI, while overseeing cash flow forecasting, budgeting, and variance analysis
- Maximise rental income and control operating costs, including reviewing and approving service charge budgets and reconciliations
- Work closely with leasing agents to reduce vacancies and optimise tenant mix, negotiating lease terms, renewals, rent reviews, and extensions
- Build strong tenant relationships to improve retention and satisfaction, monitoring lease compliance and managing arrears alongside property management
- Collaborate with property managers on maintenance plans, CapEx, and asset improvements, ensuring compliance, health & safety, and sustainability standards are met
- Manage relationships with advisors, agents, surveyors, and legal professionals across the portfolio
- Monitor market trends, rental levels, and competitor activity, supporting acquisition, disposal, or redevelopment opportunities and conducting due diligence for transactions
Requirements
- Around 3-5 year's experience in commercial property asset management
- Strategic thinking and strong commercial awareness
- Analytical and data-driven approach to decision-making
- Strong relationship-building and influencing skills
- A self-starter who's comfortable working independently and confident getting stuck in when needed
- High attention to detail and organisational skills
Rewards and benefits
- Health insurance
- Discretionary bonus
- 23 days annual leave, excluding bank holidays
- On-site parking
We are an equal opportunities recruiter, valuing diversity and inclusion and welcoming applications from all suitably qualified individuals, regardless of background. If this sounds like the right next step, we'd love to hear from you, apply today or get in touch to find out more.
Commercial Asset Manager in London employer: deverellsmith
Deverellsmith is an exceptional employer, offering a dynamic work environment where you can take ownership of financial processes and make a significant impact. Located just outside Oxford, the company fosters a collaborative culture that prioritises employee growth and development, providing ample opportunities for professional advancement. With a focus on business aviation and prime property, this role not only promises high visibility but also the chance to work closely with the CEO in a supportive and innovative setting.
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.
✨Don’t Underestimate the Power of Cold Outreach
Got your eye on a specific company like deverellsmith? 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's careers page directly; we love seeing passionate candidates applying through our website!
We think you need these skills to ace Commercial Asset 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 Asset Manager role at deverellsmith, 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
✨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 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. 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.
