At a Glance
- Tasks: Manage and enhance the performance of commercial real estate assets while collaborating with a dynamic team.
- Company: Join an internationally recognised Family Office with a strong investment portfolio across four continents.
- Benefits: Enjoy a competitive salary, discretionary bonus, pension contributions, and 30 days holiday.
- Other info: Fast-paced environment with excellent career growth opportunities and a focus on teamwork.
- Why this job: Make a real impact in the real estate sector and work with blue-chip tenants.
- Qualifications: MRICS qualified with property management experience and strong analytical skills.
The predicted salary is between 55000 - 60000 £ per year.
As a Junior Real Estate Asset Manager, you will be involved in the strategic management and performance strategy of each asset, both from an AM and over-arching management perspective.
With existing commercial Real Estate knowledge (ideally Offices / Mixed-Use), you will assist in recognising opportunities to retain and add value and will need excellent relationship management skills to engage blue-chip tenants.
Client Details
Our client is an internationally recognised Family Office and investment manager, overseeing substantial Real Estate assets predominantly across 4 continents.
The business has established itself as a trusted investor with AUM now north of $2bn, they continue to invest in super-prime commercial assets in major cities, providing excellent space to an enviable list of AAA / blue-chip Tenants.
- Description
- Assist in the preparation of business plans, service charge budgets, forecasts, leases, renewals, analysis and approvals as required by the Head of Asset Management;
- Reviewing service charge budgets;
- Analysing acquisition targets;
- Manage requests for assignments, subleases and similar tenant requests.
- Liaising with the client accounting team and property managers to ensure all assets are operating efficiently;
- Working closely with 3rd party advisers to execute lease transactions where necessary; assisting with investment analysis and reporting;
- Producing high-quality reports on both a regular and ad-hoc basis;
- Perform periodic property site inspections to ensure property performance against business plans;
- Collect market data and conduct bench-marking analysis;
- Assist in the valuation of properties and investment reports annually or more frequently if necessary;
- Profile
The successful Junior Real Estate Asset Manager should have / be
- MRICS qualified.
- Undergraduate or MSc in Real Estate or a Built Environment subject
- Must have existing property management experience (ideally with some exposure to AM processes in addition).
- Strong analytical skills, high attention to detail, with the ability to work as part of a tight-knit team.
- Exceptional organisational and follow-up skills, with the ability to multi-task and bring individual issues to timely closure.
- Excellent written and oral communication skills.
- Ability to work in a fast-paced, team-centered, results-driven environment.
- Proficiency with Microsoft Office products, database management & reporting.
- Job Offer
Basic Salary £55,000 to £60,000, dependent on the level of experience.
Discretionary bonus
Pension contribution.
30 days of holiday plus bank holidays.
Private medical insurance
Buy-Side Real Estate Asset Manager in London employer: Michael Page
ASDA is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration in the heart of Leeds. With a strong commitment to employee growth, ASDA provides numerous opportunities for professional development and advancement, alongside competitive salaries and comprehensive benefits. The hybrid working model allows for flexibility, making it an attractive workplace for those seeking meaningful and rewarding careers in one of the UK's leading retail brands.
StudySmarter Expert Advice🤫
We think this is how you could land Buy-Side Real Estate Asset Manager in London
✨Get Involved in Local Property Events
Dive into local property expos and networking events! Real estate thrives on connections, so attending these events helps us meet potential employers and industry leaders, plus it's a chance to show off your enthusiasm for the field.
✨Connect with Local Agents on Social Media
Follow and engage with local real estate agents and firms on platforms like Instagram and LinkedIn. Sharing their posts and commenting with your insights can put you on their radar and might even lead to job opportunities at companies like Michael Page.
✨Don’t Underestimate the Power of Cold Outreach
Got your eye on a specific company like Michael Page? Don't hesitate to send a direct message or an email expressing your interest. Personalise your approach, maybe mentioning a recent listing or project of theirs, and it could set you apart from other candidates.
✨Utilise Property Management Platforms
Check out property management platforms and job boards tailored for the real estate sector. They often have exclusive listings, especially for full-time roles. Don't forget to visit Michael Page's careers page directly; we love seeing passionate candidates applying through our website!
We think you need these skills to ace Buy-Side Real Estate Asset Manager in London
Some tips for your application 🫡
Show Your Real-Estate Savvy:When crafting your CV and cover letter, make sure to highlight any relevant experience in the real estate sector. If you've done internships, assistant roles, or even relevant coursework, lay it out clearly. We want to see your familiarity with market trends, property management, or any sales experience you've got under your belt!
Quantify Your Achievements:In real estate, numbers speak volumes! When detailing your past roles, use concrete figures to demonstrate your achievements. For example, mention how many properties you sold, the percentage increase in client satisfaction, or any successful negotiations. These metrics can give your application that extra punch it needs!
Tailor Your Documents for the Job:Every application should feel personal. When applying for the Buy-Side Real Estate Asset Manager role at Michael Page, tweak your CV to focus on aspects that are important to them. If they value client relationships, emphasise your interpersonal skills. We want to see you aligning your experiences with what they're looking for!
Keep It Professional Yet Approachable:While we want you to show off your expertise, don't forget to let your personality shine through in your cover letter. A touch of friendliness can set you apart, especially in real estate where client interaction is key. Show that you're ready not just to work with the property but also with people!
How to prepare for a job interview at Michael Page
✨Know Your Market Trends
In real estate, it’s all about staying ahead of the curve. Make sure we brush up on the latest market trends in the area where Michael Page operates. Being able to discuss local property values, demand, and upcoming developments will show that we’re not just interested in the job, but genuinely invested in the industry.
✨Prepare for Scenario Questions
Expect some scenario-based questions during the interview. We might get asked how we’d handle different client situations or property evaluations. Preparing our responses for common real estate scenarios not only demonstrates our problem-solving skills but also shows that we can think on our feet in a client-facing role.
✨Showcase Your Connections
In full-time real estate, networking is key! Let’s think about our connections in the industry and what we can bring to Michael Page. Whether it’s insights on prospective clients or relationships with local contractors, talking about these experiences can set us apart from other candidates.
✨Demonstrate Technical Savvy
Familiarity with different real estate software tools is a big plus. We should be ready to discuss any platforms we've used, whether it's for property management, CRM, or data analysis. Being comfortable with technology not only makes us more efficient, but also shows that we’re adaptable to the tools used at Michael Page.
