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- Tasks: Lead asset management for business spaces, enhancing cash flow and value.
- Company: Join Praxis, a top UK real estate investor with a strong track record.
- Benefits: Competitive salary, bonus scheme, private medical insurance, and generous holiday.
- Why this job: Take ownership of assets and drive impactful initiatives in a dynamic environment.
- Qualifications: 5+ years in asset management, strong report-writing, and presentation skills required.
- Other info: Opportunity for career growth in a supportive, high-performance culture.
The predicted salary is between 36000 - 60000 £ per year.
To be instrumental in the growth and development of an industry-leading, privately-owned commercial Real Estate company. Within an established Asset Management function, this role will take leadership responsibility for multiple privately-owned Business Space assets. You will identify and provide insightful expertise on opportunities to enhance cash flow and asset value, successfully lead on and deliver initiatives to increase value and own the full operational process with your own in-house Property and Facilities Management resource. You will be expected to deliver concise, accurate and effective reporting, present confident pitches to both internal and external stakeholders, provide top-of-the-class asset management advice and drive the profitable revenue growth and development of your assets to new highs. We are looking for someone who embraces a challenge. You will have complete ownership of your Assets and, as such, are expected to organise and lead the teams around you to ensure full delivery.
Location: London or Manchester based with regional travel as required.
Responsibilities
- Identification and delivery of cost-effective asset enhancement initiatives.
- Primarily responsible for improving NOI across your portfolio through letting, lease management and rent reviews, as well as additional revenue streams such as car parking, meeting spaces etc.
- Proactively mitigate void costs and shortfalls throughout your portfolio.
- Responsible for the refurbishment and re-configuration of business space assets to meet modern tenant demand, working alongside the Building Consultancy function to set budgets and monitor works, ensuring effective delivery within budget.
- Marketing vacant space and delivery of new lettings, including appointing, managing and motivating letting agents.
- Actively entering into direct negotiations with tenants, you will achieve successful renewal/re-gear terms to maximise business potential and income.
- Reporting progress of the business plan against agreed targets and highlighting blockers, or recommending alternative strategies.
- Oversight of Property and Facilities Management functions to ensure assets are managed and maintained to target standards.
- Responsible for the accurately updating internal software Management platforms in a timely manner.
- Approving Service Charge budgets, monitoring expenditure and supporting reconciliations.
- Assisting the Investment Management team in reviewing and appraising potential new purchases, as requested, including any required due diligence.
- Promoting company wide and asset specific sustainability initiatives.
- Identifying alternative income generating initiatives at the asset level to enhance value.
Required
- Minimum of five years PQE of proven Asset Management experience, preferably within the office sector.
- Demonstrable experience of leading operational real estate professionals.
- Expert report-writing and presentation skills.
- Competent with MS Office packages.
- Ability to combine property knowledge with professional presentation and report writing skills.
- Commercial awareness, industry knowledge and competitor analysis.
Personal specification
- Strong initiative and ability to work autonomously and as a team.
- Able to think creatively about repurposing and regeneration of real estate assets.
- Excellent interpersonal and team management skills.
- Competent administrative skills for effective, accurate report writing.
- Decisive, confident and calm under pressure.
- A solid, resilient work ethic.
- Able to focus on key issues and prioritise work whilst multi-tasking.
- High personal performance standards.
- Positive approach, committed to achieve goals, and reliable.
- Extreme close attention to details in reporting and analysis.
- Strong influencing and persuading skills.
- Ability to support colleagues at all levels within a high-performance function.
- Show initiative and creativity to achieve business results within an entrepreneurial business.
- Prepare and present clear written documents including client reports and tender documents.
- Excellent written presentation is essential.
Benefits
- Highly competitive salary DOE.
- Discretionary bonus scheme.
- 25 days holiday per year plus bank holidays.
- Office closure over festive season.
- Additional holiday with service.
- Private Medical Insurance (medical history disregarded).
- Healthcare Cash Plan.
- 5% Company pension contribution.
- 3x Life Assurance.
- Cycle to work scheme.
- Employee Assistance Programme.
Business Space Asset Manager employer: Praxis Capital Limited
Contact Detail:
Praxis Capital Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Space Asset Manager
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals on LinkedIn or at local events. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Tip Number 2
Prepare for interviews by researching the company inside out. Understand their values, recent projects, and market position. We want you to walk in feeling confident and ready to impress with your knowledge!
✨Tip Number 3
Practice your pitch! Whether it’s about your experience or how you can add value to their assets, we suggest rehearsing your key points. This will help you communicate clearly and effectively during those crucial conversations.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our brand.
We think you need these skills to ace Business Space Asset Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Space Asset Manager role. Highlight your relevant experience in asset management, especially in the office sector, and showcase your ability to enhance cash flow and asset value.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Use it to demonstrate your understanding of the responsibilities and how your skills align with our needs. Be confident and show your enthusiasm for the position!
Showcase Your Reporting Skills: Since effective reporting is key in this role, include examples of your report-writing experience. Mention any tools or software you’ve used and how your reports have influenced decision-making in previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Praxis Capital Limited
✨Know Your Assets
Before the interview, dive deep into the company's portfolio. Understand the specific business space assets they manage and think about how you can enhance their value. This will show your genuine interest and help you speak confidently about potential improvements.
✨Master Your Numbers
Be prepared to discuss key performance indicators like NOI and how you've successfully improved them in past roles. Bring examples of cost-effective initiatives you've implemented and be ready to explain the impact they had on asset value.
✨Showcase Your Leadership Skills
Since this role involves leading teams, think of specific instances where you've successfully managed a team or project. Be ready to share how you motivated others and achieved results, especially in high-pressure situations.
✨Prepare for Stakeholder Engagement
Practice presenting your ideas clearly and concisely, as you'll need to pitch to both internal and external stakeholders. Consider preparing a mock presentation on a relevant topic to demonstrate your communication skills and ability to influence others.
