At a Glance
- Tasks: Manage a diverse portfolio of commercial properties and optimise asset value.
- Company: Leicestershire County Council, committed to strategic property management.
- Benefits: Competitive daily rate, hybrid working, and opportunities for professional growth.
- Other info: Join a dynamic team focused on innovation and community development.
- Why this job: Make a real impact on a £519m property portfolio while enhancing your career.
- Qualifications: Experience in commercial asset management and strong negotiation skills.
The predicted salary is between 30000 - 40000 £ per year.
Location: Leicestershire (Hybrid)
Rate: £389 per day
Contract: Interim
Working Pattern: Hybrid – 2 days per week on site, including every Wednesday (pro rata for part-time workers)
Overview
Leicestershire County Council is seeking an experienced Asset Manager to join its Commercial Property team on an interim basis. This is an excellent opportunity for a commercially focused property professional to manage a varied portfolio of investment assets and contribute to the strategic optimisation of the Council's £519m property portfolio.
The successful candidate will be responsible for managing a caseload of commercial property matters with minimal supervision, delivering asset management initiatives that maximise income, enhance value and support the Council's wider strategic objectives.
Essential Experience
- Significant commercial landlord and tenant experience.
- Proven asset management experience across commercial property.
- Ability to independently manage a varied caseload with minimal supervision.
- Strong commercial negotiation and stakeholder management skills.
- Experience undertaking financial appraisals, lease events and strategic asset reviews.
Desirable Experience
- Commercial property disposals experience.
- MRICS qualified (preferred).
- Registered Valuer status would be highly advantageous.
- Experience working within the public sector or local government.
Job Purpose
Leicestershire County Council holds a property portfolio valued at approximately £519 million, with proactive asset management playing a key role in maintaining and enhancing this value. The Commercial Property portfolio sits within the Investing in Leicestershire Programme (IiLP) and comprises a diverse range of assets including offices, industrial and distribution properties, rural estates and development land. The role will focus on the proactive management, optimisation and rationalisation of these assets to maximise financial performance while ensuring compliance with Section 123 of the Local Government Act 1972.
Key Responsibilities
- Develop and implement asset management and investment strategies for the commercial portfolio.
- Identify underperforming or surplus assets and develop value enhancement or disposal strategies.
- Undertake financial and commercial appraisals to support lettings, rent reviews, lease renewals, refurbishments and investment decisions.
- Lead negotiations with tenants, developers, agents and other stakeholders to achieve the best commercial outcomes.
- Commission and manage external property and legal advisers in accordance with Council procedures.
- Ensure statutory, legal and governance requirements relating to the portfolio are fully met.
- Provide strategic advice on acquisitions, disposals, developments and investment opportunities.
- Deliver best practice in commercial asset management and contribute to the continuous improvement of property management processes.
- Prepare reports and recommendations for senior management, Corporate Property Steering Group (CPSG), Members and other stakeholders.
- Contribute to the annual Investing in Leicestershire Programme (IiLP) Report, Corporate Asset Management Plan and other strategic property documents.
- Maintain accurate property records using the Council's Asset Management System, CAD, GIS and associated software.
- Ensure compliance with Council policies including health and safety, information governance and environmental responsibilities.
- Demonstrate the Council's values and commitment to equality, diversity and inclusion.
Person Specification
Essential
- Extensive experience in commercial asset management.
- Strong landlord and tenant expertise.
- Ability to manage a varied caseload independently.
- Excellent negotiation, communication and report writing skills.
- Strong commercial and financial appraisal skills.
- Experience managing external consultants and professional advisers.
Desirable
- Experience of commercial property disposals.
- MRICS qualified.
- Registered Valuer status.
- Local authority or public sector property experience.
Working Arrangements
Hybrid working. Attendance on site 2 days per week, including every Wednesday (pro rata for part-time appointments).
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Some tips for your application 🫡
Show Off Your Relevant Experience:When applying to JT Recruit for a temporary role in real estate, make sure you highlight any relevant experience you’ve got. Whether it's internships, part-time roles, or even coursework related to property management or market analysis, we want to see how you've engaged with the industry. Specifics about your tasks and achievements can really make your application stand out.
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