At a Glance
- Tasks: Manage retail assets and enhance their value through strategic initiatives.
- Company: Leading privately-owned commercial Real Estate company in London.
- Benefits: Competitive salary, bonus scheme, private medical insurance, and generous holiday allowance.
- Other info: Opportunities for career progression to Senior Asset Manager.
- Why this job: Join a dynamic team and make impactful decisions in retail asset management.
- Qualifications: Experience in retail property management and strong report-writing skills required.
The predicted salary is between 36000 - 60000 £ per year.
Location: London on-site 5 days a week (travel across the UK)
Main Purpose: To be instrumental in the growth and development of an industry-leading, privately-owned commercial Real Estate company. In this role within our established Asset Management team, you will work alongside Senior Asset Managers, supporting the effective management of our diverse UK portfolio of privately-owned retail assets. You’ll play an essential role in making key decisions for shopping centre management, identifying opportunities to enhance cash flow and asset value, supporting initiatives to increase value, and assisting in the full property management process with dedicated in-house PM resources. You’ll be expected to contribute to concise, accurate, and impactful reporting, present confident pitches to both internal and external stakeholders, offer top-tier asset management insights, and support the profitable growth and development of our retail assets. We are looking for someone who is comfortable in taking on a challenge and who already has some experience in retail/shopping centre asset management or a strong background in property management or another similar role. In future if you do well, you’ll then progress to a Senior AM role with full ownership of your assets.
Main Duties:
- Assist with implementing the agreed annual business plan to deliver targets for net income, occupancy rates, transaction flow and ERV growth
- Identification and delivery of asset enhancement initiatives, including the implementation of value-add strategies
- Liaise with the Leasing Manager to execute the leasing strategy, including the reconfiguration of available space
- Improve the net income target at each centre by removing breaks, extending leases, implementing rent reviews/lease renewals, etc.
- Work closely with the PM resource to scrutinise the Service Charge budgets
- Assist with the PPM, utilising in-house expertise and external resource to manage this appropriately, as well as pro-actively managing repairs
- Working closely with our Facilities Management team to ensure cost and operational-effective site management
- Supporting the Company’s response to tenders, assisting with acquisition and disposal due diligence
- Assist with completing and presenting detailed, accurate and effective reports
Requirements, Skills and Qualifications:
- Retail Property/Asset Management working experience
- Demonstrable understanding of how to best manage expectations, and deal with demanding clients
- Demonstrable report-writing and presentation skills
- Advanced ability across MS Office packages including but not limited to MS Excel/Visio
- Ability to combine property knowledge with professional presentation and report writing skills
- Commercial awareness, industry knowledge and competitor analysis
- A background of working within a retail property management team, bringing a working knowledge of how the nature of this relationship works
- Strong initiative and ability to work autonomously and manage own time
- Able to think creatively about repurposing and regeneration of real estate assets
- Excellent interpersonal and team management skills
- Solid administrative skills for effective, accurate report writing
Personal qualities:
- Self-management of personal performance standards
- Positive approach, commitment with 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 documentation including client reports. Excellent written presentation is essential
- Decisive, confident and calm under pressure
- A solid, resilient work ethic
- Able to focus on key issues and prioritise work whilst multi-tasking
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
Values:
- Professionalism – We consistently seek to exceed expectations. Our people can express themselves fully while upholding the highest standards of conduct, competence, and integrity.
- Ownership – Every asset, challenge, and opportunity is treated as our own. We deliver all real estate services in-house—never outsourcing responsibility, accountability, or blame.
- Entrepreneurialism – We challenge convention and champion imaginative solutions. Rigorous debate is encouraged, and everyone is empowered to make decisions that elevate performance.
- Meritocracy – Results, hard work, and strong ideas matter more than age, tenure, or titles. We are a diverse team that collaborates openly so each person can reach their full potential.
- Action This Day – We do not defer or delay. Anything that can be done today, is done today.
Retail Asset Manager employer: Praxis Capital Limited
Praxis Capital Limited is an excellent employer, offering a dynamic work environment in the heart of London where creativity and collaboration thrive. With a strong focus on employee growth, we provide opportunities for professional development alongside competitive benefits such as a discretionary bonus and private medical insurance, making it a rewarding place to advance your career in retail leasing.
StudySmarter Expert Advice🤫
We think this is how you could land Retail Asset 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 Praxis Capital Limited.
✨Don’t Underestimate the Power of Cold Outreach
Got your eye on a specific company like Praxis Capital 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 Praxis Capital Limited's careers page directly; we love seeing passionate candidates applying through our website!
We think you need these skills to ace Retail Asset 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 Retail Asset Manager role at Praxis Capital 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 Praxis Capital 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 Praxis Capital 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 Praxis Capital 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 Praxis Capital Limited.