At a Glance
- Tasks: Manage and enhance the performance of student accommodation assets with innovative strategies.
- Company: Leading developer and operator of purpose-built student accommodation in the UK and Ireland.
- Benefits: Competitive salary, career growth opportunities, and a dynamic work environment.
- Other info: Collaborative culture with a focus on sustainability and brand excellence.
- Why this job: Join a forward-thinking team and make a real impact in the student accommodation sector.
- Qualifications: Degree qualified with experience in asset management and operational real estate.
The predicted salary is between 60000 - 80000 £ per year.
Our client is a leading developer, operator, and asset manager of PBSA in the UK and Ireland. As part of the firm’s growth, they are seeking an Asset Manager in London, to help manage and maximise the performance of a large portfolio of PBSA assets, applying innovative & creative ideas to add value.
Key Responsibilities
- Assist the Head of Asset Management with implementing pro-active asset management of PBSA assets in the UK and Ireland. This includes identifying initiatives, formulating business plans, and implementing value-add strategies to drive value where possible throughout the asset lifecycle.
- Assist the Head of Asset Management with external and internal reporting and client liaison, including but not limited to weekly leasing updates, monthly updates, quarterly reports and reporting.
- Day to day management and monitoring of appointed internal and external consultants including the operator, lawyers, and valuers.
- Research to ensure business plans and client advice are supported by all relevant stakeholders.
- Prepare and deliver fund / board recommendations.
- Implement ESG strategies in accordance with company and fund objectives, policies and procedures.
- Assist with the review and implementation of the Generation brand standards across all schemes.
- Be fully conversant with the investors’ strategy and embed this in the Asset Management Strategy.
- Assist the acquisition team during the acquisition process.
Qualifications & Qualities
- Degree qualified, in a relevant field.
- MRICS (preferable) with 5-10 years post qualification experience.
- Experience in an Asset Management function.
- Experience in operational real estate, specifically the PBSA sector, is required.
- Experience of heavy repositioning / CAPEX projects is of significant benefit.
- Backgrounds could be from a real estate Consultancy / Service provider and / or those already working client side.
- Need to be able to review and interpret cashflows.
- Need to be open minded, career focussed, hard working.
Asset Manager – Student Accommodation employer: Macdonald & Company
Contact Detail:
Macdonald & Company Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Asset Manager – Student Accommodation
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join relevant groups on LinkedIn, and don’t be shy about reaching out to current employees at companies you’re interested in. We all know that sometimes it’s not just what you know, but who you know!
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience in asset management and any innovative strategies you've implemented. We want to see how you can add value to their PBSA assets, so come prepared with examples that showcase your creativity and problem-solving skills.
✨Prepare for Interviews
Do your homework before interviews! Research the company’s portfolio and understand their asset management strategies. We recommend preparing some insightful questions that show you’re genuinely interested in how they operate and how you can contribute to their success.
✨Apply Through Our Website
Don’t forget to check out our website for job openings! Applying directly through us not only makes it easier for you but also shows your commitment to joining our team. We’re always on the lookout for passionate individuals ready to make a difference in the PBSA sector.
We think you need these skills to ace Asset Manager – Student Accommodation
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Asset Manager role. Highlight your experience in asset management and operational real estate, especially in the PBSA sector. We want to see how your skills align with what we're looking for!
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 add value to our team. Be creative and show us your personality – we love that!
Showcase Relevant Experience: When detailing your experience, focus on specific projects or initiatives you've led that relate to the responsibilities listed in the job description. We want to know how you've driven value in previous roles!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen to join our team at StudySmarter!
How to prepare for a job interview at Macdonald & Company
✨Know Your PBSA Inside Out
Make sure you brush up on your knowledge of Purpose-Built Student Accommodation (PBSA). Understand the current trends, challenges, and opportunities in the sector. This will not only show your passion but also help you discuss how you can add value to their portfolio.
✨Prepare for Value-Add Strategies
Think about innovative ideas you could bring to the table. Prepare examples of past experiences where you've successfully implemented value-add strategies or managed CAPEX projects. Be ready to discuss how these experiences can translate into success for their assets.
✨Master the Numbers
Since reviewing and interpreting cashflows is crucial, make sure you're comfortable with financial metrics related to asset management. Brush up on your financial analysis skills so you can confidently discuss how you would approach budgeting and forecasting during the interview.
✨Showcase Your Teamwork Skills
This role involves liaising with various stakeholders, so be prepared to share examples of how you've effectively collaborated with internal and external teams in the past. Highlight your communication skills and how you ensure everyone is aligned towards common goals.