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- Tasks: Lead and enhance multiple business space assets for a top real estate company.
- Company: Join Praxis, a leading privately-owned UK real estate investor.
- Benefits: Competitive salary, bonus scheme, private medical insurance, and generous holiday allowance.
- Why this job: Take ownership of assets and drive their value while working in a dynamic environment.
- Qualifications: Five years of asset management experience and strong leadership skills required.
- Other info: Opportunity for career growth in a supportive and entrepreneurial 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 in London 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 in London
✨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 to impress them with our knowledge and show that we’re genuinely interested in being part of their team.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or family to get comfortable with common questions. We can even record ourselves to see how we come across. Confidence is key when pitching our skills!
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can go a long way in keeping us top of mind. Let’s remind them why we’re the best fit for the Business Space Asset Manager role!
We think you need these skills to ace Business Space Asset Manager in London
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 any successful initiatives you've led that improved cash flow or asset value.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of how you've tackled challenges in asset management and how you can bring that expertise to our team at StudySmarter.
Showcase Your Reporting Skills: Since expert report-writing is key for this position, include samples of your previous reports or presentations if possible. This will demonstrate your ability to deliver concise and effective communication, which is crucial for engaging with stakeholders.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of 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 strategies.
✨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 your report-writing skills and be ready to present data-driven insights that demonstrate your ability to drive profitable revenue growth.
✨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, as well as how you handle challenges under pressure.
✨Prepare for Stakeholder Engagement
Practice how you would pitch ideas to both internal and external stakeholders. Think about how you can effectively communicate asset management advice and negotiate terms with tenants. Role-playing these scenarios can help you feel more confident during the actual interview.
