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- Tasks: Manage a portfolio of industrial assets and maximise their value through strategic initiatives.
- Company: Join Indurent, one of the UK's largest industrial property owners backed by Blackstone.
- Benefits: Competitive salary, career growth, and a dynamic work environment.
- Why this job: Be part of a rapidly growing company with ambitious plans for the future.
- Qualifications: 2+ years in asset management, ideally in industrial or logistics sectors.
- Other info: Collaborative team culture with opportunities to work across various departments.
The predicted salary is between 36000 - 60000 £ per year.
Following the integration of Industrials REIT and St Modwen Logistics in June 2024, 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 North 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. These will be handled directly or with the support of our team of Customer Engagement Managers (CEMs) or third-party agents and surveyors.
- Lease events include lease renewals, rent reviews, lease re-gears, surrenders and end of lease dilapidations.
- Maximize efficient use of our space and minimize void risk by building and maintaining strong relationships with new and existing customers to ensure that we are alive to their requirements such as changing occupational needs or demand for additional space and services.
- 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. These will range from small to mid-level OPEX and CAPEX projects to include routine repairs and maintenance, refurbishments and providing support for minor works schemes. Ensuring that these 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 such as income performance to ERV, occupancy, expenditure and ESG targets. Helping the wider Asset Management team meet KPI’s as well as maintaining high quality lease and property data for new and existing assets.
- Support with marketing and brand promotion to ensure assets meet our company standards as well as promoting the Indurent brand by offering exceptional service to our Customers.
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 for specific spaces.
- 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; including handling of customer queries, service charge expenditure, budget approval and site presentation.
- 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 North of England.
- Proficient with all main applications in the MS Office environment. Experience in using CRM systems would be beneficial.
For more details & salary information please contact our recruitment partner Rory O'Reilly at Ramsey Heath - rory@ramseyheath.com.
Asset Manager - MLI in Stockport employer: Indurent
Contact Detail:
Indurent Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Asset Manager - MLI in Stockport
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or attend local events. We all know that sometimes it’s not just what you know, but who you know that can land you that Asset Manager role.
✨Tip Number 2
Prepare for interviews by researching Indurent and its recent projects. Show us you’re genuinely interested in our mission and how you can contribute to maximising the value of our assets.
✨Tip Number 3
Practice your pitch! Be ready to discuss your experience in strategic asset management and how it aligns with our goals. We want to hear how you can help us double our business size!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step.
We think you need these skills to ace Asset Manager - MLI in Stockport
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Asset Manager role. Highlight your experience in strategic asset management, especially within the industrial or logistics sector. We want to see how your skills align with our ambitions at Indurent!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about asset management and how you can contribute to our goals. Don’t forget to mention your geographical knowledge of the North of England – it’s a big plus for us!
Showcase Relevant Experience: When detailing your experience, focus on specific achievements related to managing portfolios, lease events, and customer relationships. We love seeing how you've maximised income and value in previous roles, so make it clear!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Indurent
✨Know Your Assets
Before the interview, dive deep into understanding the types of Multi Let Industrial assets that Indurent manages. Familiarise yourself with their portfolio and think about how your experience aligns with their asset management strategies. This will show that you're genuinely interested and prepared.
✨Showcase Your Relationship Skills
Since building strong relationships with customers is key in this role, prepare examples from your past where you've successfully managed client relationships or resolved issues. Highlight how you can adapt to changing customer needs, as this will resonate well with the interviewers.
✨Be Ready for Technical Questions
Brush up on your knowledge of lease events, asset performance metrics, and budgeting processes. Be prepared to discuss how you've handled similar situations in the past, especially in the industrial or logistics sector. This will demonstrate your expertise and readiness for the role.
✨Demonstrate Team Collaboration
This role involves working closely with various teams, so be ready to discuss your experience in collaborative environments. Share specific instances where you’ve worked with sales, marketing, or property management teams to achieve common goals. This will highlight your ability to fit into their team dynamic.
