At a Glance
- Tasks: Shape leasing strategies and manage retail property portfolios across the UK and Europe.
- Company: Dynamic private equity real estate investor with a focus on retail.
- Benefits: Competitive salary, bonuses, and a vibrant company culture.
- Other info: Opportunity for career growth and exposure to diverse real estate projects.
- Why this job: Join a fast-paced team and learn from industry experts while making an impact.
- Qualifications: 2-5 years in commercial property with strong analytical and communication skills.
The predicted salary is between 49500 - 60500 £ per year.
Exciting opportunity for a commercially minded Surveyor / property professional (Lease Advisory / Occupier Transaction Management / L&T) to join a dynamic PE Real Estate investor with a diverse retail portfolio across the UK and Europe. Working closely with the Investment and Property Directors you will play a key role in shaping and delivering leasing and portfolio strategies as well as Asset Management initiatives.
Client Details
Our client is a growing PE and Real Estate Family Office with a specialism in Retail investments and operating companies across the UK and Europe. Real Estate is a key value driver at Group level and encompasses strategic leasing & occupier strategy across hundreds of locations, freehold asset management and occupational liability reductions.
Description
- Support the development and implementation of leasing strategies across a portfolio of retail assets, working closely with the Group Property Director and Real Estate team.
- Analyse portfolio performance, lease events and occupational costs to identify risks, reduce liabilities and spot valuable opportunities.
- Monitor key metrics including rent roll, lease expiries, break options, vacancy rates and over-rented properties.
- Identify opportunities to enhance freehold value and reduce leasehold liabilities through lease restructuring, renewals, surrenders and managed exits.
- Support and, where appropriate, lead lease negotiations including renewals, rent reviews, re-gears, surrenders and new lettings.
- Manage external agents and professional advisers and collaborate with operational teams.
- Produce portfolio reporting, dashboards and strategic recommendations.
- Maintain accurate property and lease records and support acquisition due diligence.
Profile
The successful Portfolio Associate should have/be:
- 2-5 years experience within commercial property, corporate real estate transactions / occupier side / Tenant Rep / Asset Management.
- Understanding of commercial leasing, L&T and wider lease events.
- Strong analytical and financial skills.
- Advanced Excel and reporting skills.
- Excellent communication and stakeholder management skills.
- Experience managing external consultants or agents.
- Current or prior exposure working on large commercial occupier portfolios on active transactions / portfolio rationalisation and leasing (retail occupier work is desirable but not essential).
- Highly organised with strong attention to detail.
- Ideally MRICS / CAIA / IMC qualified or equivalent.
- Prior / current experience with restructuring or insolvency-related property matters desirable but not essential.
Job Offer
Competitive salary + bonus + benefits. Great, fast-paced company culture, learning from seasoned PE / client-side professionals.
Real Estate Portfolio Associate: Asset Mgmt & Strategic Leasing 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 Real Estate Portfolio Associate: Asset Mgmt & Strategic Leasing 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 Real Estate Portfolio Associate: Asset Mgmt & Strategic Leasing 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 Real Estate Portfolio Associate: Asset Mgmt & Strategic Leasing 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.
