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- Tasks: Manage diverse commercial properties and negotiate leases with tenants.
- Company: Privately owned commercial landlord focused on high-quality asset management.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Join a hands-on team and make a real impact in asset management.
- Qualifications: Experience in commercial leases and strong negotiation skills.
- Other info: Opportunity to work around Central London with excellent career growth.
The predicted salary is between 36000 - 60000 £ per year.
Our client is a privately owned commercial landlord, who is now seeking to strengthen their Asset Management team by appointing an experienced Commercial Asset Manager to deliver high-quality services across a diverse portfolio of mixed-use properties. This role will need someone who is hands-on with a detailed understanding of leases, service charges and obligations under the 1954 landlord and tenant act. There is very little property management involved in this role but the ability to coordinate your work with the Property Management Team and other internal colleagues is essential.
You will take responsibility for the full spectrum of Asset Management and must be a proven negotiator who can find solutions that work for the company but also new and existing tenants. Please note: All portfolio properties are based around the M25, mainly Central London.
Key Responsibilities will include, but not be limited to:
- Proactively monitoring, negotiating and dealing with tenants’ leases including rent reviews, break clauses and lease expiries.
- You will need to be familiar with standard commercial leases and be able to interpret lease terms from leasing documents.
- Selecting, instructing and monitoring letting agents on vacant commercial properties, whilst minimising costs of vacant properties.
- Review, negotiate and agree Head of Terms with prospective tenants via instructed agents.
- Ensure the accuracy of property data is up to date and maintained on CRM system in respect of leases, service charges and insurance details.
- Responsible for annual insurance renewal ensuring best value and billing recoverable premiums from appropriate tenants as well as managing insurance claims.
- Instructing county court claims and managing post CCJ recovery action.
- Dealing with applications for consent including alterations, assignments and underlettings.
- Responsibility for block/building level compliance.
- Ensure statutory audits are undertaken, recorded and accounted for in the service charges for health.
Commercial Asset Manager employer: Prestige Talent Partners
Contact Detail:
Prestige Talent Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Asset Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the property management and asset management sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Show off your negotiation skills! Prepare for interviews by thinking of examples where you've successfully negotiated leases or resolved tenant issues. We want to see how you can bring value to the team with your hands-on experience.
✨Tip Number 3
Stay updated on market trends! Familiarise yourself with the latest developments in commercial property around the M25, especially Central London. This knowledge will not only impress interviewers but also help you understand the challenges and opportunities in the role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to connect directly with us. Don’t miss out on the chance to land that Commercial Asset Manager role!
We think you need these skills to ace Commercial Asset Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Commercial Asset Manager role. Highlight your experience with leases, service charges, and any relevant negotiations you've handled. We want to see how your skills match what we're looking for!
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 Asset Management team. Share specific examples of your past successes and how they relate to the responsibilities outlined in the job description.
Showcase Your Negotiation Skills: Since negotiation is key in this role, make sure to highlight your experience in this area. Whether it's rent reviews or lease expiries, we want to know how you've successfully navigated these situations in the past.
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you're keen on joining our team at StudySmarter!
How to prepare for a job interview at Prestige Talent Partners
✨Know Your Leases Inside Out
Make sure you brush up on your knowledge of commercial leases, especially the 1954 Landlord and Tenant Act. Be prepared to discuss specific lease terms and how they apply to different scenarios. This will show that you’re not just familiar with the theory but can also apply it practically.
✨Showcase Your Negotiation Skills
Since this role requires a proven negotiator, come ready with examples of past negotiations you've successfully handled. Think about challenges you faced and how you found solutions that benefited both parties. This will demonstrate your ability to navigate complex situations effectively.
✨Familiarise Yourself with the Portfolio
Research the properties in the portfolio, especially those around the M25 and Central London. Understanding the local market and any unique challenges these properties might face will give you an edge. It shows you’re proactive and genuinely interested in the role.
✨Prepare Questions for Them
Interviews are a two-way street, so prepare insightful questions about their asset management strategies and how they coordinate with property management teams. This not only shows your interest but also helps you gauge if the company is the right fit for you.
