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For Companies At a Glance
- Tasks: Manage a portfolio of Multi Let Industrial assets and maximise their value.
- Company: Join Indurent, a leading UK owner of industrial properties backed by Blackstone.
- Benefits: Enjoy competitive salary, career growth opportunities, and a dynamic work environment.
- Why this job: Be part of a fast-growing company with ambitious goals and a collaborative culture.
- Qualifications: MRICS qualified with 2+ years in strategic asset management, preferably in logistics.
- Other info: Work closely with a diverse team and engage with various stakeholders.
The predicted salary is between 48000 - 72000 £ per year.
Indurent is one of the UK’s largest owners of industrial and logistics property, with over 25m sq ft of warehouse space and more than 2,000 customers. We have big ambitions and aspirations, and with the backing of our owner, Blackstone, we expect to double the size of the business over the next 3-5 years.
THE ROLE
The successful candidate will have direct responsibility and ownership of a portfolio of Multi Let Industrial assets within the region. They will help deliver asset management initiatives to maximize income and value of these assets.
Responsibilities
- Deliver the asset strategy to ensure all new letting opportunities or existing lease events are picked up and executed in a timely manner.
- Maximize efficient use of our space and minimize void risk by building and maintaining strong relationships with new and existing customers.
- Support customer applications for consent to assign or sublet space as well as unit alterations and other general customer requests.
- Appraising and implementing value-add asset management initiatives to enhance the value of our space.
- Ensuring that projects are delivered on time and that best value has been achieved.
- Supporting the formulation of annual budgets and monitoring performance.
- Responsibility for specific asset P&Ls to ensure that our assets operate efficiently and deliver performance in line with business plan.
- Benchmarking asset performance using our asset management platform based on key metrics.
- Helping the wider Asset Management team meet KPIs as well as maintaining high quality lease and property data.
- Support with marketing and brand promotion to ensure assets meet our company standards.
Role within the Team
You will form part of our in-house Asset Management Team and will work closely with several other roles in the business:
- Collaborate with our sales and marketing team to implement bespoke marketing strategies.
- Work alongside our team of Customer Engagement Managers (CEMs) to assign and conclude transactions.
- Liaise with our in-house accounts and credit control team to ensure effective income management.
- Work closely with our Property Management partners to ensure effective day to day management of our assets.
- Work with other external partners including Letting Agents, LL&T Surveyors, Solicitors, Regional Facilities Managers and Building Surveyors.
SKILLS AND EXPERIENCE
- MRICS qualified 2+ years PQE.
- Experienced in all areas of strategic asset management – ideally within the industrial or logistics sector.
- Experience of managing a team to deliver set objectives.
- Good geographical knowledge of the Midlands and South of England.
- Proficient with all main applications in the MS Office environment.
- Experience in using CRM systems would be beneficial.
Asset Manager - MLI employer: Indurent
Contact Detail:
Indurent Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Asset Manager - MLI
✨Tip Number 1
Familiarise yourself with the industrial and logistics property market in the UK, especially in the Midlands and South of England. Understanding current trends and challenges in this sector will help you engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the asset management field, particularly those who have experience in multi-let industrial assets. Attend industry events or join relevant online forums to build connections that could provide insights or referrals.
✨Tip Number 3
Demonstrate your understanding of asset management initiatives by preparing examples of how you've maximised income and value in previous roles. Be ready to discuss specific strategies you've implemented and their outcomes.
✨Tip Number 4
Showcase your proficiency with CRM systems and MS Office applications, as these are crucial for the role. If you have experience with specific tools used in asset management, be sure to highlight that in discussions.
We think you need these skills to ace Asset Manager - MLI
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in asset management, particularly within the industrial or logistics sector. Emphasise your MRICS qualification and any specific achievements that demonstrate your ability to manage a portfolio effectively.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your experience with lease events, customer engagement, and asset management initiatives. Be sure to express your enthusiasm for contributing to Indurent's growth ambitions.
Highlight Relevant Skills: In your application, clearly outline your skills in strategic asset management, team leadership, and financial performance monitoring. Mention your proficiency with MS Office applications and any experience with CRM systems, as these are beneficial for the role.
Showcase Your Knowledge of the Region: Demonstrate your geographical knowledge of the Midlands and South of England in your application. This can be done by discussing how this knowledge has helped you in previous roles or how it will benefit your work at Indurent.
How to prepare for a job interview at Indurent
✨Know Your Portfolio
Familiarise yourself with the specific Multi Let Industrial assets that Indurent manages. Be prepared to discuss how you would approach maximising income and value for these properties, showcasing your understanding of asset management strategies.
✨Demonstrate Relationship Building Skills
Highlight your experience in building and maintaining strong relationships with customers. Be ready to provide examples of how you've successfully managed customer needs and adapted to changing requirements in previous roles.
✨Showcase Your Strategic Thinking
Prepare to discuss your approach to strategic asset management, particularly in the industrial or logistics sector. Share specific examples of initiatives you've implemented that have enhanced asset value or improved operational efficiency.
✨Be Ready for Technical Questions
Expect questions related to lease events, budgeting, and performance metrics. Brush up on your knowledge of P&L management and be prepared to explain how you would benchmark asset performance using key metrics relevant to the role.
