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- 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, career growth opportunities, and a dynamic work environment.
- Why this job: Join a top-tier team and make a real impact in the commercial real estate sector.
- Qualifications: 5+ years in asset management or commercial property, strong analytical and negotiation skills.
- Other info: Work with a diverse, multi-billion-pound portfolio and develop your expertise in a thriving industry.
The predicted salary is between 36000 - 60000 £ per year.
MCRMCR 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: Develop and implement comprehensive asset business plans designed to maximise income, support capital growth, and improve overall efficiency. Analyse asset performance on an ongoing basis and provide informed recommendations for improvement. Conduct regular asset valuations, risk assessments, and return-on-investment analyses to support strategic decision-making.
- Commercial & Financial Management: Lead the budgeting, forecasting, and financial reporting processes for assigned assets. Identify and pursue value-add opportunities, including lease renegotiations, capital improvement initiatives, and operational enhancements. Oversee service charge budgets and operational expenditure to ensure all costs are efficiently managed.
- Stakeholder & Tenant Management: Act as the primary point of contact for tenants, partners, joint venture stakeholders, and service providers. Negotiate lease terms, renewal agreements, and other commercial arrangements. Maintain strong tenant relationships to ensure high levels of satisfaction and retention.
- Reporting & Compliance: Produce regular performance reports for both internal and external stakeholders. Ensure that all activities comply with relevant legislation, internal policies, and lease obligations, and support audits and due diligence processes when required.
- Transaction Support: Contribute to strategies related to acquisitions, disposals, and refinancing. 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 Worcester employer: Mcrmcr Property Group
Contact Detail:
Mcrmcr Property Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Asset Manager - Commercial Real Estate in Worcester
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals on LinkedIn or at local events. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its portfolio. Show us that you understand their assets and how you can add value. Tailor your responses to highlight your experience in asset management and financial analysis.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Use this opportunity to reiterate your enthusiasm for the role and how you can contribute to their success.
✨Tip Number 4
Don’t just rely on job boards; apply directly through our website! This shows initiative and gives you a better chance of standing out. Plus, we love seeing candidates who are proactive about their applications.
We think you need these skills to ace Asset Manager - Commercial Real Estate in Worcester
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 MCRMCR Property Group. 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 analysis, make sure to highlight your proficiency in Excel and any property management software you’ve used. We love seeing candidates who can back up their claims with solid data!
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 on joining our team!
How to prepare for a job interview at Mcrmcr Property Group
✨Know Your Numbers
Make sure you brush up on your financial modelling skills and understand key metrics related to asset performance. Be ready to discuss how you've maximised income or improved efficiency in past roles, as this will show your analytical prowess.
✨Master the Market
Familiarise yourself with the current trends in commercial real estate, especially in Birmingham. Being able to discuss recent developments or changes in the market will demonstrate your commitment and knowledge about the industry.
✨Stakeholder Savvy
Prepare examples of how you've successfully managed relationships with tenants and stakeholders. Highlight your negotiation skills and any strategies you've used to maintain high tenant satisfaction, as this is crucial for the role.
✨Compliance is Key
Understand the relevant legislation and compliance requirements in asset management. Be prepared to discuss how you've ensured compliance in previous roles, as this will show that you can handle the responsibilities of the position effectively.
