At a Glance
- Tasks: Support Senior Asset Manager with retail and industrial portfolios, manage tenants, and develop business plans.
- Company: Join FI Real Estate Management, a leading name in UK commercial property with decades of experience.
- Benefits: Gain training from experienced professionals and opportunities for career development in a growing company.
- Why this job: Be part of a dynamic team that values people and offers a rewarding career in asset management.
- Qualifications: Graduate level or MRICS qualified; strong analytical skills and proficiency in Microsoft Office required.
- Other info: Experience with property management software like Yardi is a plus; full UK driving license needed.
The predicted salary is between 28800 - 43200 £ per year.
FI Real Estate Management are seeking a Junior Asset Manager to join our team and support with the Industrial and Retail portfolios. The ideal candidate will be responsible for supporting the Senior Asset Manager and assisting with both retail and industrial portfolios. Support with property management rental growth & group company profit and minimising landlord outgoings.
The right candidate will be involved with putting together a short, medium and long term business plan for the assigned portfolio. Manage tenants occupying properties, ensure all assets are always maintained in excellent condition. Develop strong relationships with tenants, agents & local authorities.
The Company:
Why choose us?
Do you want to join one of the UK’S most established names in commercial property and asset management? Then look no further…
With decades of experience in the industry, FI Real Estate Management is growing from strength to strength and has a real presence in the commercial and industrial property market. People are in the heart of everything we do and we understand that our talented workforce is at the core of our achievements. We are looking for ambitious and hardworking individuals who are seeking a rewarding career.
To anyone who joins us we provide opportunities to develop and the benefit of being trained and supported by an experienced team.
With a vast portfolio of commercial and industrial real estate spanning over 15 million sq ft and an additional 4.5 million sq ft in the pipeline, we’re constantly growing and are actively seeking driven individuals to join our team.
Responsibilities
Asset Management
- Identify and Implement opportunities to increase rents.
- Perform rent reviews and lease renewals. Support refurbishments, acquisitions and disposals.
- Identify within the letting strategy opportunities for incoming tenants and convert into contractual leases.
- Work closely with our marketing team promoting our services, assist with the provision of marketing material.
- Assist & influence the progress of existing development sites to expand the portfolio.
- Discover opportunities to increase rental income and capital values across the portfolio.
- Future planning: help to understand how growth can be achieved by various kinds of assets that the company has or will have in the future.
- Liaise with the head office operations team to assist in financial reporting and analysis of asset performance.
- Develop successful working relationships with key stakeholder, notably the Client, to ensure a productive and effective working partnership.
Property Management
- Oversee the management of on-site staff to maximise their performance and be empowered to take ownership for decision making.
- Managing the physical assets contained within the assigned portfolio providing a quality service to tenants and ensuring compliance with relevant statute.
- Maintain a consistent level of communication with tenants and business contacts.
- Create a positive presence on each site promoting FI Real Estate Management as the landlord of choice.
- Liaise with facilities managers to deliver a well maintained and managed site.
- Oversee the management, preparation and reconciliation of the service charge including preparing and reconciling the service charge budget and expenditure reports to occupiers.
- Oversee major work programmes including Planned Preventative Maintenance Programmes (PPM)
- Liaise with the credit control team to ensure rent, service charge and insurance collection targets are met for the portfolio.
- Liaise with the administration team to ensure that data is inputted correctly onto the management software system.
- Recommend cost-saving measures which can be implemented across the company;
- Lead/ develop current onsite teams and assist with the onboarding of new staff into the business, creating a positive working culture.
Experience
- Graduate level up to qualified.
- Preferably multi-sector knowledge.
- Knowledge of L&T Act required.
- An appreciation of the development and planning process.
- Ability to review, dissect and consider financial appraisals and legal documents.
- Strong analytical skills and highly skilled in math and finance.
Qualifications
- MRICS qualified or Graduate Surveyor level. Industry relevant qualifications are valuable but not essential.
- Proficient user of the entire Microsoft Office package (Excel, Word, PowerPoint).
- Possess a full UK driving licence.
- Experience using a property management software is desirable i.e. Yardi
If you are interested in this exciting opportunity, please click \’Apply\’ and send us your up-to-date CV.
FI Real Estate Management Ltd | Junior Asset Manager employer: FI Real Estate Management Ltd
Contact Detail:
FI Real Estate Management Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land FI Real Estate Management Ltd | Junior Asset Manager
✨Tip Number 1
Familiarize yourself with the commercial and industrial property market in the UK. Understanding current trends and challenges will help you engage in meaningful conversations during interviews and demonstrate your knowledge of the sector.
✨Tip Number 2
Network with professionals in the real estate and asset management fields. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the company culture at FI Real Estate Management.
✨Tip Number 3
Highlight any experience you have with property management software, especially Yardi. Being proficient in such tools can set you apart from other candidates and show that you're ready to hit the ground running.
✨Tip Number 4
Prepare to discuss how you would approach tenant relationships and property maintenance. Think of examples from your past experiences where you successfully managed similar situations, as this will showcase your problem-solving skills and ability to foster positive relationships.
We think you need these skills to ace FI Real Estate Management Ltd | Junior Asset Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in asset management, property management, and any specific skills mentioned in the job description, such as knowledge of the L&T Act or proficiency in property management software.
Craft a Strong Cover Letter: Write a cover letter that clearly explains why you are interested in the Junior Asset Manager position at FI Real Estate Management. Mention your passion for commercial property and how your background aligns with their needs.
Showcase Analytical Skills: Emphasize your strong analytical skills and ability to work with financial appraisals. Provide examples from past experiences where you successfully analyzed data to make informed decisions.
Highlight Relationship Building: Discuss your experience in developing relationships with tenants, agents, and local authorities. This is crucial for the role, so provide specific examples of how you've successfully managed stakeholder relationships in the past.
How to prepare for a job interview at FI Real Estate Management Ltd
✨Understand the Role
Make sure you have a clear understanding of the Junior Asset Manager role and its responsibilities. Familiarize yourself with asset management concepts, especially in the context of retail and industrial portfolios, as this will help you answer questions more effectively.
✨Showcase Your Analytical Skills
Since strong analytical skills are crucial for this position, be prepared to discuss your experience with financial appraisals and legal documents. Bring examples of how you've used these skills in past roles or projects.
✨Demonstrate Relationship Building
The ability to develop strong relationships with tenants, agents, and local authorities is key. Prepare examples of how you've successfully built and maintained professional relationships in previous positions.
✨Prepare Questions
Have thoughtful questions ready to ask about the company’s growth plans and how the Junior Asset Manager fits into those plans. This shows your interest in the role and helps you assess if the company is the right fit for you.