At a Glance
- Tasks: Lead and enhance multiple business space assets, driving cash flow and value growth.
- Company: Join Praxis, a top UK real estate investor with a strong track record since 2009.
- Benefits: Enjoy 25 days holiday, healthcare perks, and a 5% pension contribution.
- Other info: Based in London or Manchester with regional travel; creativity in asset repurposing is encouraged.
- Why this job: Embrace challenges in a dynamic environment with full ownership of your assets.
- Qualifications: Five years of asset management experience, strong report-writing, and presentation skills required.
Location: London on-site with the option for 1 day WFH after probation (travel across the UK)
Purpose:
This is a high-impact role within an industry-leading, privately owned commercial real estate business, offering genuine ownership and the opportunity to directly influence asset performance and value creation.
You will play a key role in the next phase of growth for this part of the business. While the exact asset allocation will evolve, this reflects a strong and active pipeline, creating a dynamic and exciting opportunity.
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’ll be expected to produce clear, insightful reporting, present confidently to stakeholders, and provide high-quality asset management advice that drives revenue growth and unlocks value.
We’re looking for someone who thrives on ownership and challenge. You’ll take full accountability for your assets, leading teams around you to deliver and pushing performance to the next level.
About Praxis
One of the UK’s leading real estate investors. Praxis is a well-established privately owned investor and manager of UK real estate with a track record of exceptional investment performance rooted in astute market timing and best-in-class management. The business was established in 2009 but traces its origins back over three decades and multiple economic cycles.
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 at a Senior capacity, 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
- 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)
Asset Manager employer: Praxis Group
Praxis is an exceptional employer that fosters a collaborative and professional work culture, making it an ideal place for a Senior Trust Officer to thrive. With a strong emphasis on employee development, you will have access to continuous learning opportunities and the chance to build long-term relationships with clients in a dynamic offshore environment. Located in a vibrant jurisdiction, Praxis offers a unique blend of challenging work and a supportive team atmosphere, ensuring that your contributions are valued and recognised.
StudySmarter Expert Advice🤫
We think this is how you could land Asset Manager
✨Tip Number 1
Familiarise yourself with the latest trends in commercial real estate, particularly in asset management. Understanding current market dynamics and tenant demands will help you demonstrate your expertise during interviews.
✨Tip Number 2
Network with professionals in the real estate sector, especially those involved in asset management. Attend industry events or join relevant online forums to build connections that could lead to referrals or insider information about job openings.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully enhanced asset value in previous roles. Be ready to share metrics or outcomes that highlight your impact on cash flow and operational efficiency.
✨Tip Number 4
Showcase your leadership skills by discussing how you've managed teams or projects effectively. Highlight your ability to motivate others and drive results, as this is crucial for the Asset Manager role at Praxis.
We think you need these skills to ace Asset Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your relevant experience in asset management, particularly within the office sector. Emphasise your leadership skills and any successful initiatives you've led that improved asset value or cash flow.
Craft a Compelling Cover Letter:In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the responsibilities listed, such as improving NOI and managing property functions. Use specific examples to demonstrate your expertise.
Showcase Your Reporting Skills:Since expert report-writing is crucial for this role, include samples of reports you've created in previous positions. Highlight your ability to present data clearly and effectively, as well as your experience with MS Office packages.
Prepare for Interviews:If you get called for an interview, be ready to discuss your approach to asset management and how you would tackle challenges mentioned in the job description. Prepare to present your ideas on enhancing asset value and managing teams effectively.
How to prepare for a job interview at Praxis Group
✨Showcase Your Asset Management Experience
Be prepared to discuss your previous roles in asset management, particularly within the office sector. Highlight specific examples where you've successfully improved cash flow or enhanced asset value, as this will demonstrate your capability to meet the company's expectations.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and ability to think creatively about repurposing and regenerating real estate assets. Practise articulating your thought process and decision-making strategies in hypothetical situations related to asset management.
✨Demonstrate Strong Communication Skills
Since the role involves presenting to both internal and external stakeholders, practice your presentation skills. Be ready to showcase how you can convey complex information clearly and confidently, especially when discussing reports or pitches.
✨Research Praxis and Its Market Position
Familiarise yourself with Praxis's history, values, and recent developments in the commercial real estate market. Understanding their approach and how they differentiate themselves will allow you to tailor your responses and show genuine interest in the company.
