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For Companies At a Glance
- Tasks: Manage and optimise retail assets while engaging with tenants and supporting portfolio analytics.
- Company: Dynamic estate management team focused on equity, diversity, and inclusion.
- Benefits: Competitive salary, professional development support, and a collaborative work environment.
- Why this job: Kickstart your career in asset management with real impact in central London’s vibrant retail scene.
- Qualifications: RICS accredited Real Estate degree and a passion for retail.
- Other info: Join a supportive team committed to your professional growth and success.
The predicted salary is between 28000 - 35000 £ per year.
The Estate aims to operate to high standards of equity, diversity, and inclusion. We therefore welcome applicants from all backgrounds. This vacancy will remain open for up to 10 working days; however, we may close the advert early should we receive a high volume of applications.
OVERVIEW OF THE ROLE
As a member of the Commercial Asset Management Team, the successful candidate will play a key role in optimising income, and protecting and improving the long term value of the Estate, while having regard to the individual strategies of the various funds. Focus for the role will be on the Estate’s central London retail and restaurant assets within the Portman Marylebone portfolio, reporting directly to the Associate Director for Retail Asset Management. The individual will be expected to support with the day-to-day asset management of the independent retail portfolio in alignment with the Estate’s Retail Strategy. This will involve tenant engagement, new lettings, lease renewals, rent reviews, refurbishment appraisals, property management and dilapidations. The candidate will also be expected to provide support to the wider Commercial Asset Management team by contributing to portfolio performance analytics and reporting on Key Performance Indicators. It is expected that a Graduate Asset Manager will take an active role in obtaining their RICS membership and professional qualification within 2.5 years of starting at the Estate. They will be supported by their Supervisor and Counsellor at the Estate.
ROLE RESPONSIBILITIES
- Liaising with retained advisors when overseeing new lettings, rent reviews and lease renewals.
- Reviewing offers for new leases, and considering how the proposed uses align with individual property strategies and the Estate’s Retail Strategy.
- Considering applications to assign, alter or sublet.
- Working with the Estate’s retained property managers on the general management of commercial properties.
- Responding professionally to customer queries in a timely manner.
- Building professional relationships with key stakeholders and customers.
- Assisting with the portfolio’s annual valuation.
- Supporting our Strategic Projects Team when liaising with customers to achieve public realm improvements.
- Supporting and collaborating with our Marketing Team to promote tenant engagement with the Portman Marylebone consumer brand.
- Supporting on portfolio analytics for inclusion in Fund and Trustee Meetings, and tracking the Commercial Asset Management team’s Key Performance Indicators.
- Maintaining a database of comparable transactions for retail, office and hotel for the benefit of the Commercial Asset Management team.
- Co-ordinating property keys for team members, external agents, consultants and contractors as requested.
- Provide a professional, proactive, and personable point of contact for external parties, particularly our Customers.
- Managing the vacate process from once the tenant has their notice approved via an Asset Manager with carrying out inspections for pre and post vacant properties.
- Instruct minor works via the Service desk department.
- To provide support to your team, colleagues, and manager in respect of any ongoing review of processes and flag up any areas where you think efficiencies and or improvement in our service can be made.
PERSON SPECIFICATION
The below specification details the set of criteria that outlines the essential traits a candidate should have to be considered for the role.
- RICS accredited Real Estate degree
- Demonstrable interest in retail, brand knowledge across retail
Asset Manager employer: The Portman Estate
Contact Detail:
The Portman Estate Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Asset Manager
✨Tip Number 1
Network like a pro! Reach out to professionals in the asset management field on LinkedIn or at industry events. Building connections can lead to job opportunities that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by researching the company and its portfolio. Show them you know their assets inside out and how you can contribute to their success. Confidence is key!
✨Tip Number 3
Practice your communication skills. Whether it's discussing tenant engagement or property management, being articulate and clear will set you apart from other candidates.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Asset Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Asset Manager role. Highlight relevant experience and skills that align with the job description, especially in areas like tenant engagement and property management.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're passionate about asset management and how you can contribute to our team. Use specific examples from your experience to demonstrate your skills and enthusiasm for the role.
Showcase Your Numeracy Skills: Since strong numeracy skills are essential for this role, consider including any relevant coursework or projects that showcase your analytical abilities. We want to see how you can contribute to portfolio performance analytics!
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!
How to prepare for a job interview at The Portman Estate
✨Know Your Stuff
Make sure you research the company and its portfolio, especially the retail assets in the Portman Marylebone area. Understanding their Retail Strategy will help you answer questions confidently and show that you're genuinely interested in the role.
✨Showcase Your Skills
Prepare examples that highlight your organisational skills, communication abilities, and numeracy. Think of situations where you've successfully managed projects or worked in a team, as these will resonate well with the interviewers.
✨Engage with the Interviewers
Don’t just answer questions; engage in a conversation. Ask insightful questions about the team dynamics, the challenges they face in asset management, and how you can contribute to their goals. This shows your enthusiasm and willingness to be part of the team.
✨Demonstrate Your Values
Align your answers with the company's values of inclusivity, integrity, and ethical standards. Share experiences that reflect these values, as it will help you connect with the interviewers on a personal level and show that you fit into their culture.
