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- Tasks: Maximise value and performance of commercial assets through strategic planning and stakeholder management.
- Company: Join MCR Property Group, a leading independent real estate investment firm.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Why this job: Make a real impact in the commercial real estate sector with a diverse portfolio.
- Qualifications: Five years' experience in asset management or commercial property management required.
- Other info: Collaborative culture with strong focus on tenant satisfaction and operational efficiency.
The predicted salary is between 36000 - 60000 £ per year.
MCR Property Group is a leading independent real estate investment and development company with offices in London, Manchester, Birmingham, and Glasgow. We deliver high-quality new-build and conversion schemes across residential and industrial sectors and manage a diverse, multi-billion-pound portfolio. Our current holdings include more than 7,500 residential plots and a significant commercial and industrial asset base worth over £2 billion.
As our new Asset Manager, you will be responsible for maximising the value and performance of a portfolio of commercial assets. This role involves developing and executing strategic business plans, optimising lease and contract structures, managing key stakeholder relationships, and ensuring that each asset achieves its financial and operational objectives.
Key Responsibilities- Asset Strategy & Performance: The Asset Manager will develop and implement comprehensive asset business plans designed to maximise income, support capital growth, and improve overall efficiency. They will analyse asset performance on an ongoing basis and provide informed recommendations for improvement. In addition, they will conduct regular asset valuations, risk assessments, and return-on-investment analyses to support strategic decision-making.
- Commercial & Financial Management: The role requires leading the budgeting, forecasting, and financial reporting processes for assigned assets. You will identify and pursue value-add opportunities, including lease renegotiations, capital improvement initiatives, and operational enhancements. They will also oversee service charge budgets and operational expenditure to ensure all costs are efficiently managed.
- Stakeholder & Tenant Management: The successful candidate will act as the primary point of contact for tenants, partners, joint venture stakeholders, and service providers. They will negotiate lease terms, renewal agreements, and other commercial arrangements as required. A key part of the role is maintaining strong tenant relationships to ensure high levels of satisfaction and retention.
- Reporting & Compliance: As our new Asset Manager, you will produce regular performance reports for both internal and external stakeholders. They will ensure that all activities comply with relevant legislation, internal policies, and lease obligations, and will support audits and due diligence processes when required.
- Transaction Support: The role includes contributing to strategies related to acquisitions, disposals, and refinancing. You will assist with financial modelling and the due diligence required for new investment opportunities.
The ideal candidate will have at least five years of experience in asset management, investment, leasing, or commercial property management. They will possess a strong understanding of property markets, lease structures, and financial modelling. Proficiency in Excel and property management software is essential, along with strong analytical, negotiation, and communication skills.
Asset Manager - Commercial Real Estate in Birmingham employer: MCR Property Group
Contact Detail:
MCR Property Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Asset Manager - Commercial Real Estate in Birmingham
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join relevant groups on LinkedIn, and don’t be shy about reaching out to current or former employees of MCR. Building relationships can open doors that a CV just can’t.
✨Showcase Your Expertise
When you get the chance to chat with potential employers, make sure to highlight your experience in asset management and your understanding of commercial real estate. Share specific examples of how you've maximised asset performance or improved tenant relationships – it’ll make you stand out!
✨Prepare for Interviews
Do your homework before any interview! Understand MCR’s portfolio and recent projects, and think about how your skills can contribute to their goals. Prepare questions that show your interest in their operations and how you can add value as an Asset Manager.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It shows initiative and gives you a better chance of being noticed. Plus, we love seeing candidates who are genuinely interested in joining our team at MCR.
We think you need these skills to ace Asset Manager - Commercial Real Estate in Birmingham
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, investment, and commercial property management. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for MCR. Share specific examples of how you've maximised asset performance or managed stakeholder relationships in the past.
Showcase Your Analytical Skills: Since this role involves a lot of financial analysis, make sure to highlight your proficiency in Excel and any relevant property management software. We love seeing candidates who can crunch numbers and provide insights!
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. We can’t wait to see what you bring to the table!
How to prepare for a job interview at MCR Property Group
✨Know Your Numbers
As an Asset Manager, you'll need to demonstrate your financial acumen. Brush up on key metrics related to asset performance, such as ROI and cash flow analysis. Be ready to discuss how you've used these metrics in past roles to drive decisions.
✨Showcase Your Strategic Thinking
Prepare to talk about specific strategies you've implemented in previous positions to maximise asset value. Think of examples where you developed business plans or optimised lease structures. This will show that you can think critically and strategically.
✨Build Rapport with Stakeholders
Since stakeholder management is crucial, come prepared with examples of how you've successfully managed relationships in the past. Highlight your negotiation skills and how you've maintained tenant satisfaction, as this will resonate well with the interviewers.
✨Stay Updated on Market Trends
Familiarise yourself with current trends in the commercial real estate market, especially in Birmingham. Being able to discuss recent developments or challenges in the industry will demonstrate your passion and commitment to the role.
