At a Glance
- Tasks: Manage a diverse portfolio of commercial properties and oversee lettings, renewals, and maintenance.
- Company: Morgan Management Ltd, part of the BanaOne group, providing property services across London and the Southeast.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Exciting opportunity to work in new offices near Finchley Central Tube station.
- Why this job: Join a collaborative team and make a real impact in the property management sector.
- Qualifications: Qualified with experience in commercial property management and strong communication skills.
The predicted salary is between 60000 - 70000 £ per year.
A brief summary of Morgan Management:
Morgan Management Ltd is an associate company of the BanaOne group of companies and provides property services to all the group companies and a number of charities. Although our client is Bana One, we are effectively embedded within the company and act more as a principal than as an agent.
Commercially we manage approximately 690 properties located throughout London and the Southeast. The most northerly holding is in Leicester, but the most significant clusters are in Brighton and London. There is a very sizeable holding in Bournemouth so we have established an office there where a team of three operates.
In terms of the properties uses classes, the largest element is mixed commercial and residential. The residential team looks after the residential element as well as teams of Block managers and Studios. The Commercial Department shares management of mixed use properties with residential. We also look after office blocks with service charges, retail and leisure and some industrial estates and undertake changes of use and redevelopments as well as having a letting agent, Gowers, which erects boards and lets properties.
Besides the commercial and residential teams there are large accounts teams of purchase ledger and finance, a legal department and an embryonic building surveying team as well as a team of directly employed tradespeople and several site-based personnel. There are c. 50 staff in total.
The role:
The commercial team currently stands at 4, consisting of me, a property manager, an assistant property manager and a facilities manager. Ideally we should be 7. I am currently looking for a commercial asset/property manager who is qualified and has experience. The role would involve responsibility for a portfolio/collection of properties handling lettings, renewals, reviews as well as rent collection and other more mundane but nevertheless vital matters such as insurance, service charges, rating and maintenance. There is also strategic work with repurposing of properties, involving coordination of planners, project managers and assembling a development team. Acquisitions and disposals are also part of the job.
We are also recruiting for a Team administrator and another assistant property manager. The role offers a satisfying mix of all aspects of the property asset class. We are currently based in Hendon, but in the second half of this year, we will move to brand new offices in Finchley, close to Finchley Central Tube station.
In terms of duties, the list below should give a flavour:
- Responsibility for a portfolio of properties with a firm grasp of the opportunities available, the revenue, the lease events and local market conditions.
- Applying effective professional surveying skills as a member of the commercial property department.
- Provide professional advice to all departments of Morgan Management regarding commercial property or estate management matters.
- Undertake property management tasks to include tenant liaison, accounts enquiries and rent arrears management.
- Carry out regular site inspections.
- All aspects of day to day management including all landlord and tenant matters, lettings, rent reviews, lease renewals assignments, sub-letting, alterations and budgeting/forecasting.
- Letting of vacant properties.
- Levying of service charges on properties under management, where applicable.
- Preparation and supervision of major and minor refurbishment schemes, whether of a capital or revenue nature in liaison with the Morgan Management building surveyor.
- Oversee and build a good working relationship with any on-site staff and tenants of directly managed properties, and with personnel within Morgan Management to facilitate efficient and effective property management.
- Property acquisition (both planned and opportunity purchases) and disposals.
- Negotiation of easements and wayleaves as required.
- Responsibility for ensuring information on the property database is kept up-to-date regarding properties managed and any project dealt with.
- Management of vacant sites/vacant property pending development.
- Preparing reports and attending regular meetings on topics including Voids, Arrears, Rent Reviews, Lease Renewals, Dilapidations and Projects.
- Preparation of strategies in connection with capital expenditure programme.
Office-based Monday to Friday 0900 1800. Salary 60-70k for the right candidate.
Commercial Property Manager employer: Morgan Management Limited
Morgan Management Ltd is an exceptional employer, offering a dynamic work environment in the heart of Finchley, just a stone's throw from Finchley Central Tube station. With a strong focus on employee growth and development, we provide opportunities for professional advancement within our collaborative team, which manages a diverse portfolio of properties across London and the Southeast. Our supportive culture, combined with competitive salaries and a comprehensive benefits package, makes Morgan Management a rewarding place to build your career in commercial property management.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Property Manager
✨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 Morgan Management Limited.
✨Don’t Underestimate the Power of Cold Outreach
Got your eye on a specific company like Morgan Management Limited? 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 Morgan Management Limited's careers page directly; we love seeing passionate candidates applying through our website!
We think you need these skills to ace Commercial Property Manager
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 Commercial Property Manager role at Morgan Management Limited, 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 Morgan Management Limited
✨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 Morgan Management Limited 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 Morgan Management Limited. 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 Morgan Management Limited.
