At a Glance
- Tasks: Maximise value and performance of commercial assets through strategic planning and stakeholder management.
- Company: MCR Property Group, a leading independent real estate investment and development company.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Why this job: Join a top-tier team and make a significant impact in the commercial real estate sector.
- Qualifications: 5+ years in asset management or commercial property, strong analytical and negotiation skills required.
- Other info: Exciting career prospects in a multi-billion-pound portfolio.
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 Β£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 Kidderminster employer: MCR Property Group
Contact Detail:
MCR Property Group Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Asset Manager - Commercial Real Estate in Kidderminster
β¨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join relevant groups on LinkedIn, and donβt be shy about reaching out to professionals for informational chats. Building relationships can open doors that a CV just canβt.
β¨Showcase Your Expertise
When you land an interview, make sure to highlight your experience and knowledge in asset management. Use specific examples from your past roles to demonstrate how you've maximised asset performance and managed stakeholder relationships. We want to see your skills in action!
β¨Prepare for Questions
Anticipate the questions you might face during interviews, especially around financial management and strategic planning. Practise your responses so you can articulate your thought process clearly. Remember, confidence is key!
β¨Apply Through Our Website
Donβt forget to apply directly through our website! Itβs the best way to ensure your application gets seen by the right people. Plus, it shows youβre genuinely interested in joining our team at MCR Property Group.
We think you need these skills to ace Asset Manager - Commercial Real Estate in Kidderminster
Some tips for your application π«‘
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 Property Group. Share specific examples of how you've maximised asset performance or managed stakeholder relationships in the past.
Showcase Your Analytical Skills: Since the role involves financial modelling and performance analysis, make sure to highlight your analytical skills. Mention any relevant tools or software youβve used, especially Excel, to demonstrate your expertise.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. Itβs the best way for us to receive your application and keep track of all the amazing candidates like you!
How to prepare for a job interview at MCR Property Group
β¨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.
β¨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, which is crucial for the role.
β¨Build Rapport with Stakeholders
Since stakeholder management is key, 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. This will demonstrate your ability to be the primary point of contact effectively.
β¨Stay Updated on Market Trends
Familiarise yourself with current trends in the commercial real estate market. Be ready to discuss how these trends could impact MCR Property Group's portfolio. Showing that you're informed will reflect your genuine interest in the role and the company.