At a Glance
- Tasks: Shape and deliver leasing strategies for a diverse retail property portfolio.
- Company: Dynamic PERE investor with a focus on retail investments across the UK and Europe.
- Benefits: Competitive salary, bonus opportunities, and a vibrant company culture.
- Other info: Potential to transition to a permanent role based on performance.
- Why this job: Join a fast-paced environment and learn from seasoned professionals in real estate.
- Qualifications: 2-5 years in commercial property, strong analytical skills, and ideally MRICS qualified.
The predicted salary is between 60000 - 80000 £ per year.
Exciting opportunity for a commercially-minded Surveyor / property professional (Lease Advisory / Occupier Transaction Management / L&T and/or Property Management) to join a dynamic PERE investor with a diverse retail portfolio across the UK and Europe. Working closely with senior property leadership, you will play a key role in shaping and delivering leasing and portfolio strategies across a large property estate.
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. Property is a key value driver within the group and encompasses Freehold Asset Management, Leasehold liability reduction and active portfolio strategy, creating a unique opportunity for a commercially focused property professional.
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 and 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
- 2-5 years of experience within commercial property, asset management or property management.
- Understanding of commercial leasing and lease events.
- Ideally MRICS qualified.
- Strong analytical and financial skills.
- Advanced Excel and reporting skills.
- Excellent communication and stakeholder management skills.
- Highly organised with strong attention to detail.
- Experience within retail property portfolios.
- Exposure to restructuring or insolvency-related property matters.
- Experience managing external consultants or agents.
Job Offer
Competitive salary up to £80,000 (pro-rata). Bonus opportunities and additional benefits (pro-rata). Great, fast-paced company culture, learning from seasoned PE professionals. Opportunity to work on a fixed-term contract with the potential to flip to Perm, subject to needs and performance.
StudySmarter Expert Advice🤫
We think this is how you could land Real Estate Portfolio & Leasing Associate (6MTH FTC) 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 & Leasing Associate (6MTH FTC) 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 & Leasing Associate (6MTH FTC) 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.
