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- Tasks: Join our team to manage and optimise real estate portfolios for top investors.
- Company: We are a leading advisor in alternative real estate, focusing on innovative investment strategies.
- Benefits: Enjoy a competitive salary, bonuses, and a range of corporate perks.
- Why this job: This role offers diverse tasks and the chance to impact real estate profitability and efficiency.
- Qualifications: Ideal candidates should have experience in the 'beds' sector and a strong grasp of revenue management.
- Other info: Reach out to abby@rialtoproperty.co.uk for a confidential chat about this exciting opportunity.
The predicted salary is between 42500 - 59500 £ per year.
A market leading advisor to Investors in the alternative real estate space are looking to add a senior/associate to their advisory division. The division works with tier one investors as well as owner operators of PBSA, BTR, Co-living and Hotel assets. The portfolios range across the UK and encompasses a mix of pre-completion developments, new build schemes and first-generation assets. They advise their clients on how to make their portfolios more profitable, more efficient, as well as advising and carrying out transactional and development work.
The team carry out cradle to grave operational services, examining revenue and operating budget setting, working with clients and their operating partners throughout the leasing cycle, advising on marketing spend, pricing and optimal operating expense models. They also offer critical support in asset mobilisation both prior to practical completion and onwards.
Key tasks include:
- Preparing & executing business plans for portfolio properties
- Assessing operating partners & implementing changes where needed
- Run rent setting matrix including proposed launch rents for new assets
- Advising on leasing strategies, sales & marketing, mobilisation, layouts and design
- Advise on and oversee capital projects & asset repositioning
- Progress nomination agreements
- Retender and/or renegotiate property & facilities management services
The ideal candidate will be pro-active, focussed and driven with experience of the ‘beds’ sector either as a chartered surveyor or working for an investor or an operator, with a good understanding of revenue management and operating models for operational real estate. This is a lovely, varied role which would suit someone who is detail orientated.
Please get in touch with abby@rialtoproperty.co.uk to arrange a confidential discussion.
Contact Detail:
Rialto Property Recruitment Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Asset Management - PBSA/BTR
✨Tip Number 1
Network with professionals in the PBSA and BTR sectors. Attend industry events, webinars, or local meetups to connect with people who work in asset management. Building relationships can lead to valuable insights and potential referrals.
✨Tip Number 2
Stay updated on market trends and developments in the alternative real estate space. Follow relevant news sources, subscribe to industry reports, and engage with thought leaders on social media. This knowledge will help you stand out during interviews.
✨Tip Number 3
Prepare for interviews by practising common questions related to asset management and the specific challenges faced in the PBSA/BTR sectors. Be ready to discuss your experience with revenue management and operational models in detail.
✨Tip Number 4
Demonstrate your analytical skills by preparing case studies or examples of past projects where you improved portfolio performance. Highlight your ability to assess operating partners and implement effective changes, as this is crucial for the role.
We think you need these skills to ace Asset Management - PBSA/BTR
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Asset Management position. Familiarise yourself with terms like PBSA, BTR, and revenue management to demonstrate your knowledge in your application.
Tailor Your CV: Customise your CV to highlight relevant experience in asset management, particularly in the 'beds' sector. Emphasise any previous roles where you've worked on business plans, leasing strategies, or capital projects.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the industry. Mention specific experiences that align with the job description, such as your ability to assess operating partners or manage operational budgets.
Proofread Your Application: Before submitting, carefully proofread your application materials. Look for any spelling or grammatical errors, and ensure that your documents are well-structured and professional. A polished application reflects your attention to detail.
How to prepare for a job interview at Rialto Property Recruitment Limited
✨Know Your Sector
Make sure you have a solid understanding of the PBSA and BTR sectors. Familiarise yourself with current trends, challenges, and opportunities in the market. This will show your potential employer that you're genuinely interested and knowledgeable about the field.
✨Demonstrate Analytical Skills
Since the role involves assessing operating partners and implementing changes, be prepared to discuss your analytical skills. Bring examples of how you've used data to make informed decisions or improve operational efficiency in previous roles.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about past experiences where you had to develop business plans or advise on leasing strategies, and be ready to explain your thought process and outcomes.
✨Showcase Your Detail Orientation
As the job requires someone who is detail-oriented, prepare to highlight instances where your attention to detail made a significant impact. Whether it was through successful project management or meticulous financial analysis, be ready to share these stories.
