Asset Manager

OverviewWe’re looking for an experienced, high-calibre Asset Manager to join our team in London. You’ll be part of a young, dynamic team. You’ll report to our Regional Director – London & South East, as we build and consolidate our position as the market leader in last mile real estate.You’ll join an existing team who together cover a diverse logistics and industrial portfolio across London & the South East region. You’ll be responsible for asset management strategy, lease & property management. You’ll be working with internal stakeholders and external consultants to deliver the best returns possible on your portfolio. There is huge value-add potential in the existing stock, with plenty of development potential for a candidate who has the right mix of creativity, determination and the flexibility to work in a start-up-style leadership environment.The right candidate will not only have the drive and discipline to handle the day to day, but the ambition to grow with us as we develop an unparalleled opportunity as the principal player in last mile real estate.What you’ll doImplement a sustainable asset management strategy for existing and future assets driven by effective asset management. You can identify the best way to optimise each asset, creating diversified plans, and look for and exploit opportunities to add value in our portfolio and asset management performanceManage all lettings, renewals, rent reviews, lease surrenders, and associated capital expendituresInitiate, negotiate and/or approve commercial terms of leases (new leases, rent reviews and lease renewals). Work with your team-assistant colleague to convert these commercial terms into contractual leasesBe in direct contact with occupiers to understand their business requirements and focus on customer engagementTrack and assess the risk criteria for each asset, spot red flags and inform the management team of any warning signals that could indicate risk, including health & safety, insurances, payment behaviour/ insolvency, technical maintenance, liquidity, releasing riskCollaborate with the Construction and Project Management team to ensure major capex items and (re)development run to planChallenge and put forward a recommendation for the annual budgets (lease, capex and opex assumptions) for each asset as part of the overall business plan for the region, including refurbishments, extensions and redevelopment. Integrate remodelling, redevelopments, and extensions into the business plan. You’ll work with the development and finance teams to control and monitor this as part of the business planCarry out financial analysis and assist with preparing property budgets and reports, and underwrite all asset management reportsWith your colleagues, build and maintain warm and productive direct relationships with occupiers, and local/ national advisors. Your work will ensure we are top of mind as a preferred business partnersBe part of a motivated and effective team, who actively contributes to build positive engagement and drive team performance. Be an ambassador for Mileway’s core values and passion for results.What you’ll bringOne to three years’ relevant experience in asset management activity, ideally hold MRICS statusYou’re used to working in a fast paced, professional environment, have an excellent track record and can demonstrate how and where you’ve added valueYou have a genuine interest in real estate and the transformation of the last mile sector. You’ll get to know the local sub-market and tenants and be able to spot and act on opportunitiesYour great team energy. You’re a hands-on self-starter who works confidently and independently, whilst also collaborating well with othersYour head for numbers. You’ll be able to digitise and track data. You’ll have great analytical, financial, and negotiating skillsYour communication skills as an English native speaker.Our vision is to be the number one gateway to urban communities. To get there, we live our values: Drive, Trust, Grow, Together.Seniority levelAssociateEmployment typeFull-timeJob functionOther #J-18808-Ljbffr