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- Tasks: Support asset management of retail properties and enhance cash flow and value.
- Company: Leading privately-owned commercial Real Estate company in London.
- Benefits: Highly competitive salary, bonus scheme, and 25 days holiday.
- Why this job: Join a dynamic team and make impactful decisions in retail asset management.
- Qualifications: Experience in retail asset management or property management is essential.
- Other info: Opportunity for career progression to Senior Asset Manager role.
The predicted salary is between 36000 - 60000 £ per year.
Location: London on-site 5 days a week (travel across the UK)
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
- 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
- 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
Highly competitive salary DOE. Discretionary bonus scheme. 25 days holiday per year plus.
Retail Asset Manager in London employer: Praxis Group
Contact Detail:
Praxis Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Retail Asset Manager in London
✨Tip Number 1
Network like a pro! Attend industry events, connect with professionals on LinkedIn, and don’t be shy about reaching out to people in the retail asset management space. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its portfolio. Understand their assets and think about how you can contribute to enhancing cash flow and asset value. This will help you stand out as someone who’s genuinely interested and ready to make an impact.
✨Tip Number 3
Practice your pitch! Whether it’s presenting to stakeholders or discussing your ideas during an interview, being confident and clear is key. Use examples from your past experiences to showcase your skills in asset management and problem-solving.
✨Tip Number 4
Don’t forget to apply through our website! We’re always looking for passionate individuals to join our team. Make sure your application reflects your understanding of the role and how you can contribute to our growth in the retail sector.
We think you need these skills to ace Retail Asset Manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Retail Asset Manager role. Highlight your experience in retail or property management, and don’t forget to showcase any relevant achievements that align with the job description.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our team. Mention specific skills from the job description and how they relate to your past experiences.
Showcase Your Reporting Skills: Since concise and impactful reporting is key in this role, consider including examples of reports you've created in the past. This will demonstrate your ability to communicate effectively and make informed decisions.
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 keep track of all the amazing candidates like you!
How to prepare for a job interview at Praxis Group
✨Know Your Portfolio
Before the interview, take some time to research the company's retail assets. Familiarise yourself with their portfolio and think about how you can contribute to enhancing cash flow and asset value. This will show your genuine interest and understanding of the role.
✨Master Your Presentation Skills
Since you'll be expected to present pitches confidently, practice your presentation skills. Prepare a mock pitch about a retail asset management strategy and get feedback from friends or colleagues. This will help you feel more comfortable when it comes to showcasing your insights during the interview.
✨Showcase Your Problem-Solving Skills
Think of specific examples from your past experience where you've successfully managed client expectations or dealt with challenging situations. Be ready to discuss these scenarios in detail, highlighting your initiative and creativity in finding solutions.
✨Be Ready for Technical Questions
Brush up on your knowledge of MS Office, especially Excel, as well as any relevant property management software. Expect questions that test your technical skills and be prepared to demonstrate how you can use these tools to support effective reporting and decision-making.