Associate - Retail Lease Advisory in City of Westminster

Associate - Retail Lease Advisory in City of Westminster

City of Westminster Full-Time 50000 - 65000 £ / year (est.) No working from home possible
Jones Lang LaSalle Incorporated

At a Glance

  • Tasks: Advise top shopping centres on lease management and negotiate with retail occupiers.
  • Company: Join JLL, a leading firm in retail lease advisory with a collaborative culture.
  • Benefits: Competitive salary, professional development, and a dynamic work environment.
  • Other info: Opportunity for career growth in a fast-paced, innovative environment.
  • Why this job: Make an impact in the retail sector while building valuable client relationships.
  • Qualifications: MRICS qualification and experience in retail property lease matters required.

The predicted salary is between 50000 - 65000 £ per year.

As an Associate in our Retail Lease Advisory team, you'll work directly with some of the UK's most prestigious shopping centre owners and retail occupiers, advising on strategic lease management across high street and prime shopping centre assets. Based at our collaborative workspace at 1 Broadgate, you'll manage your own portfolio of client relationships while contributing to a team environment where everyone is empowered to thrive.

Day-to-Day Responsibilities

  • Advising shopping centre owners on lease events, ensuring proactive management of upcoming renewals, breaks, and rent reviews across their portfolios.
  • Negotiating directly with retail occupiers on lease renewals, re-gears, and rent reviews, progressing matters independently or with senior colleague support as appropriate.
  • Maintaining detailed client reporting schedules and databases, ensuring all stakeholders have current visibility of asset performance and upcoming actions.
  • Attending regular client meetings to present updates, discuss strategy, and build trusted advisor relationships.
  • Supporting the wider retail leasing and capital markets teams on transactions, providing lease advisory expertise that strengthens deal execution.
  • Monitoring retail market trends, rental values, and legislative changes to provide clients with informed, forward-thinking advice.
  • Contributing to business development initiatives alongside colleagues from across JLL's service lines, leveraging our culture of collaboration locally and across the globe.
  • Managing relationships with occupiers across London and the Southeast, understanding their business needs and facilitating mutually beneficial lease outcomes.

Required Qualifications

  • MRICS qualification (or equivalent professional accreditation).
  • Currently operating at Senior Surveyor level (or equivalent) within retail property, with demonstrable experience advising on landlord or occupier lease matters.
  • Demonstrated experience advising on high street or shopping centre assets, with practical knowledge of lease events and negotiations.
  • Strong technical understanding of commercial lease structures, Landlord and Tenant Act provisions, and current retail real estate legislation.
  • Proven ability to manage your own workload independently while maintaining attention to detail and meeting deadlines.
  • Excellent communication and interpersonal skills, with confidence engaging clients and occupiers at all levels.
  • Proficiency in property management software and Microsoft Office applications, particularly Excel for reporting and analysis.

Preferred Qualifications

  • Established network of retail occupier or landlord contacts across London and the Southeast.
  • Experience working with institutional landlords or managing complex multi-let shopping centre portfolios.
  • Knowledge of current retail market dynamics, including evolving consumer trends, ESG considerations, and flexible leasing structures.
  • Track record of contributing to business development or winning new client instructions.

Location

On-site - London, GB

Associate - Retail Lease Advisory in City of Westminster employer: Jones Lang LaSalle Incorporated

At JLL, we pride ourselves on being an exceptional employer, offering a dynamic and collaborative work environment at our London office in 1 Broadgate. Our Retail Lease Advisory team empowers associates to manage their own client portfolios while fostering professional growth through mentorship and exposure to high-profile projects. With a strong focus on employee development, competitive benefits, and a culture that values diversity and inclusion, JLL is the ideal place for those seeking a meaningful and rewarding career in retail property advisory.

Jones Lang LaSalle Incorporated

Contact Details:

Jones Lang LaSalle Incorporated Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Associate - Retail Lease Advisory in City of Westminster

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We think you need these skills to ace Associate - Retail Lease Advisory in City of Westminster

MRICS qualification
Lease Management
Negotiation Skills
Client Relationship Management
Commercial Lease Structures
Landlord and Tenant Act Knowledge
Retail Market Analysis

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!

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Tailor Your Documents for the Job:Every application should feel personal. When applying for the Associate - Retail Lease Advisory role at Jones Lang LaSalle Incorporated, 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 Jones Lang LaSalle Incorporated

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 Jones Lang LaSalle Incorporated 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 Jones Lang LaSalle Incorporated. 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 Jones Lang LaSalle Incorporated.