Senior Retail Asset Manager
Senior Retail Asset Manager

Senior Retail Asset Manager

London Full-Time 54000 - 84000 ÂŁ / year (est.) No home office possible
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Praxis Group

At a Glance

  • Tasks: Lead and optimise a portfolio of retail assets, driving performance and growth.
  • Company: Join a leading, privately-owned commercial real estate business in London.
  • Benefits: Enjoy competitive salary, discretionary bonus, 25 days holiday, and healthcare perks.
  • Why this job: Be part of a dynamic team, making impactful decisions in a fast-paced environment.
  • Qualifications: Proven experience in retail asset management and strong stakeholder management skills required.
  • Other info: Opportunity for regional travel and collaboration with dedicated in-house teams.

The predicted salary is between 54000 - 84000 ÂŁ per year.

In this role within our established Asset Management team, you will take responsibility for four Shopping Centres across the UK, as well as supporting the effective management of other assets within our retail portfolio. You\’ll play an essential role in making key decisions for shopping centre management, identifying opportunities to enhance cash flow and asset value, with a particular focus on driving NOI growth across your portfolio, and assisting in the full property management lifecycle, with dedicated in‐house PM and FM resources.

You will be expected to deliver concise, accurate and impactful reporting, present confident pitches to both internal and external stakeholders, offer top‐tier asset management insights, and drive the profitable revenue growth and development of your assets to new highs.

We are looking for someone who understands that these are complex, evolving centres that require resilience, creativity and a hands‐on approach. Each has its own challenges and strategic opportunities, and we want someone energised by the chance to reposition and unlock value where others might see obstacles. You will have complete ownership of your assets\’ performance and are expected to coordinate and direct the in‐house teams (PM/FM/Leasing) to ensure delivery, even though formal line‐management responsibility sits elsewhere.

LocationLondon on‐site with regional travel (1 day working from home after probation)

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)

5% Company pension contribution

3x Life Assurance

Cycle to work scheme (on‐site shower room facilities & bike parking in majority of head offices)

Employee Assistance Programme

Daily healthy fruit & snacks

Comprehensive business expense policy (including lunches when travelling away from base location)

Responsibilities

Devise and implement the agreed annual business plan to deliver targets for net operating income (NOI), occupancy rates, transaction flow and ERV growth

Advising the Board on Asset Management needs in relation to the assets under your management

Identification and delivery of asset enhancement initiatives, including the implementation of value‐add strategies

Liaise with the Leasing Manager to lead, manage and execute all leasing and major lease events in line with the annual business plan, including the reconfiguration of available space

Responsible for improving and achieving the net income target across your assets by leasing vacant space, removing breaks, extending leases, implementing rent reviews/lease renewals etc.

Oversight and ownership of the full P&L and Service Charge budget, as well as close monitoring of the in‐house PM and FM resource, ensure cost and operational‐effective site management

Full responsibility for PPM, utilising in‐house expertise and resource in order to manage this appropriately, as well as pro‐actively managing repairs

Supporting the Company\’s response to tenders, assisting with acquisition and disposal due diligence

Completing and presenting detailed, accurate and effective reports

Required skills and experience

Resilient and pragmatic, with the ability to balance long‐term strategic vision with the day‐to‐day realities of managing challenging retail environments

Solid retail asset management experience across shopping centres, underpinned by a strong property management foundation

Proficient understanding of how to best manage expectations, and deal with demanding clients

Demonstrable expert 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

Strong initiative and ability to work autonomously and manage own time

Able to think creatively about repurposing and regeneration of real estate assets

Personable attributes

Excellent interpersonal and team management skills

Solid 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

Self‐management of personal performance standards

Positive approach, commitment, and reliabilityExtreme 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

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Senior Retail Asset Manager employer: Praxis Group

Join a leading privately-owned commercial real estate business in London, where you will thrive in a dynamic and entrepreneurial environment. We offer a competitive salary, generous holiday allowance, and comprehensive health benefits, alongside opportunities for professional growth and development. Our collaborative work culture encourages innovation and creativity, making it an excellent place for driven individuals to make a meaningful impact on our retail asset portfolio.
Praxis Group

Contact Detail:

Praxis Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Retail Asset Manager

✨Tip Number 1

Network with professionals in the retail asset management sector. Attend industry events, seminars, or webinars to meet potential colleagues and learn about the latest trends. Building relationships can often lead to job opportunities that aren't advertised.

✨Tip Number 2

Research the company thoroughly before your interview. Understand their portfolio, recent projects, and market position. This knowledge will help you tailor your discussions and demonstrate your genuine interest in contributing to their success.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully managed retail assets in the past. Highlight your achievements in optimising income and value, as well as any innovative strategies you've implemented to enhance performance.

✨Tip Number 4

Practice your presentation skills, as you'll need to deliver impactful reports and presentations. Consider rehearsing with a friend or mentor who can provide constructive feedback on your delivery and content.

We think you need these skills to ace Senior Retail Asset Manager

Retail Asset Management
Strategic Thinking
Stakeholder Management
Report Writing
Presentation Skills
Financial Modelling
Service Charge Management
Facilities Management
Negotiation Skills
Project Management
Analytical Skills
Problem-Solving Skills
Commercial Acumen
Relationship Building
Resilience Under Pressure

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your significant retail/shopping centre asset management experience. Focus on specific achievements that demonstrate your ability to optimise asset value and deliver results.

Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and the company. Discuss how your skills align with the responsibilities outlined in the job description, particularly your experience in leading asset strategies and stakeholder management.

Showcase Your Reporting Skills: Since the role requires producing concise and impactful reports, include examples of your previous reporting work. Highlight your ability to present complex information clearly and effectively to various stakeholders.

Prepare for Interviews: If invited for an interview, be ready to discuss your strategic thinking regarding asset management. Prepare examples of how you've successfully managed portfolios and enhanced asset performance in past roles.

How to prepare for a job interview at Praxis Group

✨Showcase Your Experience

Be prepared to discuss your previous experience in retail or shopping centre asset management. Highlight specific examples where you've successfully optimised asset value and driven performance, as this will demonstrate your capability for the role.

✨Prepare for Stakeholder Scenarios

Since stakeholder management is crucial, think of scenarios where you've influenced senior stakeholders. Be ready to share how you navigated complex relationships and achieved positive outcomes, showcasing your interpersonal skills.

✨Master Your Reporting Skills

As you'll need to produce concise and impactful reports, practice summarising complex information clearly. Bring examples of your past reports or presentations to illustrate your ability to communicate effectively with both internal and external parties.

✨Demonstrate Strategic Thinking

Prepare to discuss your strategic approach to asset management. Think about how you've identified opportunities for asset enhancement or regeneration in the past, and be ready to share your thought process and results.

Senior Retail Asset Manager
Praxis Group
Location: London
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