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- Tasks: Manage and enhance the performance of shopping centres across the UK.
- Company: Leading privately-owned commercial Real Estate company in London.
- Benefits: Competitive salary, bonus, 25 days holiday, healthcare, and pension contributions.
- Why this job: Take ownership of assets and drive growth in a dynamic retail environment.
- Qualifications: Experience in Asset Management and strong report-writing skills required.
- Other info: Opportunity to work with a collaborative team and make impactful decisions.
The predicted salary is between 43200 - 72000 ÂŁ per year.
Join to apply for the Senior Retail Asset Manager role at Praxis Group
Department: Asset Management
Location: London on-site with regional travel
About
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 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 resource.
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.
Likely portfolio:
- Blaydon Shopping Centre, Blaydon
- Crossgates Shopping Centre, Leeds
- Castle Dene Shopping Centre and town centre high street retail, Peterlee
- Crown Glass Shopping Centre, Nailsea
Key Responsibilities
- Devise and implement the agreed annual business plan to deliver targets for net operating income (NOI), occupancy rates, transaction flow and ERV growth
- Advise the Board on Asset Management needs in relation to the assets under your management
- Identify and deliver 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
- Improve and achieve the net income target across your assets by leasing vacant space, removing breaks, extending leases, implementing rent reviews/lease renewals, etc.
- Oversee and own the full P&L and Service Charge budget, while closely monitoring the in‑house PM and FM resource to ensure cost‑effective site management
- Full responsibility for PPM, utilising in‑house expertise and resource to manage it appropriately and proactively manage repairs
- Support the Company’s response to tenders, assisting with acquisition and disposal due diligence
- Complete and present detailed, accurate and effective reports
Required skills and experience
- Resilient and pragmatic, balancing long‑term strategic vision with day‑to‑day realities of managing challenging retail environments
- Solid Retail Asset Management (shopping centres) working experience built on a strong foundation of Property Management
- Proficient at managing expectations and dealing with demanding clients
- Demonstrable expert report‑writing and presentation skills
- Advanced ability across MS Office packages including but not limited to MS Excel/Visio
- 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
- Creative thinking 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
- Focus on key issues and prioritise work while multi‑tasking
- Self‑management of personal performance standards
- Positive approach, commitment and reliability
- Extreme close attention to detail 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
Seniority level
Mid‑Senior level
Employment type
Full‑time
Job function
Finance and Sales
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Senior Retail Asset Manager employer: 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 like a pro! Get out there and connect with industry folks at events or online. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Showcase your expertise! Prepare a portfolio that highlights your past successes in asset management. When you get the chance to chat with potential employers, let your achievements do the talking.
✨Tip Number 3
Practice your pitch! Whether it’s a casual coffee chat or a formal interview, be ready to present your ideas confidently. Tailor your pitch to show how you can drive NOI growth and enhance asset value.
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities waiting for you. Plus, applying directly shows your enthusiasm and commitment to joining our team.
We think you need these skills to ace Senior Retail Asset Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Retail Asset Manager role. Highlight your relevant experience in asset management and property management, and don’t forget to showcase your ability to drive NOI growth and enhance cash flow.
Craft a Compelling Cover Letter: Your cover letter should tell us why you’re the perfect fit for this role. Use it to demonstrate your understanding of the complexities of retail environments and how your hands-on approach can unlock value in our shopping centres.
Showcase Your Reporting Skills: Since delivering concise and impactful reports is key, make sure to include examples of your report-writing skills. We want to see how you’ve effectively communicated insights and strategies in your previous roles.
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 ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Praxis Group
✨Know Your Assets
Before the interview, dive deep into the specifics of the shopping centres you'll be managing. Understand their unique challenges and opportunities. This will not only show your commitment but also help you discuss tailored strategies during the interview.
✨Master Your Numbers
Be prepared to discuss key financial metrics like net operating income (NOI) and occupancy rates. Brush up on your P&L management skills and be ready to present how you've successfully driven revenue growth in past roles. Numbers speak volumes!
✨Showcase Your Creativity
Think about innovative ways you've repurposed or enhanced retail spaces in the past. Be ready to share specific examples that highlight your creative problem-solving skills. This role requires a hands-on approach, so demonstrate your ability to think outside the box.
✨Practice Your Pitch
Since you'll be presenting to both internal and external stakeholders, practice delivering concise and impactful pitches. Use clear, confident language and prepare to answer questions about your strategies and insights. Confidence is key!
