At a Glance
- Tasks: Lead lease renewals and rent reviews, negotiating with customers and agents.
- Company: A leading London property business with a diverse commercial portfolio.
- Benefits: Competitive salary of £65,000 plus bonus, career progression, and professional development.
- Other info: Join a respected company with significant influence on portfolio performance.
- Why this job: Take ownership of a high-value portfolio and drive customer retention and revenue growth.
- Qualifications: Experience in commercial property negotiations and strong communication skills.
We're recruiting on behalf of a leading London property business with an extensive commercial workspace portfolio across the capital. This is a senior opportunity for an experienced commercial property professional with a strong track record in lease renewals, rent reviews and customer retention. You'll take ownership of complex negotiations across a substantial portfolio, helping to maximise revenue, drive rental growth and retain valued customers.
This role would suit someone from a commercial property, flexible workspace, asset management or landlord and tenant background who enjoys combining commercial negotiation, relationship management and market analysis.
The Role
Reporting into the Renewals Manager, you'll be responsible for managing lease renewals and rent reviews across a diverse commercial portfolio. Key responsibilities include:
- Leading lease renewal and rent review negotiations from preparation through to completion
- Negotiating directly with customers, solicitors and agents
- Managing larger and more complex renewal opportunities
- Increasing rent roll while maintaining strong customer retention levels
- Identifying and securing upselling opportunities across services and workspace solutions
- Drafting legal notices, lease documentation and associated correspondence
- Analysing market evidence and comparable transactions to support pricing decisions
- Providing recommendations on market rents and commercial strategy
- Building relationships with brokers, agents and industry contacts
- Supporting operational teams with renewals knowledge and best practice
- Contributing to process improvements, systems development and commercial initiatives
About You
We're looking for a commercially minded negotiator with a strong understanding of commercial property and landlord and tenant matters. You'll have:
- Proven experience negotiating commercial lease renewals and rent reviews
- A background within commercial property, flexible workspace, real estate or asset management
- Strong knowledge of the Landlord & Tenant Act 1954
- Experience managing complex customer, agent and solicitor negotiations
- Excellent communication, negotiation and stakeholder management skills
- Strong commercial awareness and revenue-focused decision making
- Experience analysing rental evidence and market data
- Excellent attention to detail and organisational skills
- The ability to manage multiple negotiations and priorities simultaneously
Desirable
- MRICS qualified or working towards qualification
- Experience within the flexible workspace sector
- Experience mentoring, coaching or supporting colleagues
What's on Offer
- £65,000 basic salary
- Bonus scheme with realistic £75,000 OTE
- Exposure to a significant London commercial property portfolio
- A highly visible role with genuine influence on portfolio performance
- Ongoing professional development and career progression
- The opportunity to join a respected and growing property business
This is an excellent opportunity for an experienced commercial property professional looking to take ownership of a high-value portfolio and play a key role in driving both customer retention and revenue growth.
Senior Lease Renewals Manager employer: TRC London Ltd
Join a leading London property business that values its employees and fosters a dynamic work culture focused on professional growth and development. With a competitive salary and bonus structure, you will have the opportunity to manage a significant commercial portfolio while enjoying a supportive environment that encourages innovation and collaboration. This role not only offers exposure to complex negotiations but also provides a platform for career advancement within a respected and expanding company in the heart of London.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Lease Renewals Manager
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend property events, and join relevant online forums. The more people you know, the better your chances of landing that Senior Lease Renewals Manager role.
✨Tip Number 2
Showcase your negotiation skills in real-time! If you get the chance, practice your pitch or negotiation tactics during informal chats or mock interviews. This will help you feel more confident when it comes to those complex negotiations in the actual job.
✨Tip Number 3
Research is key! Dive deep into the latest market trends and comparable transactions in commercial property. Being well-informed will not only impress potential employers but also give you an edge in negotiations.
✨Tip Number 4
Apply through our website! We’ve got a streamlined process that makes it easy for you to showcase your skills and experience. Plus, it shows you’re genuinely interested in joining our team at StudySmarter.
We think you need these skills to ace Senior Lease Renewals Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your background in commercial property, lease renewals, and any relevant negotiations you've led. We want to see how you fit into our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Senior Lease Renewals Manager role. Share specific examples of your successes in customer retention and revenue growth to grab our attention.
Showcase Your Negotiation Skills:Since this role involves complex negotiations, be sure to highlight your negotiation experience. Whether it's with customers, agents, or solicitors, we want to know how you've successfully navigated challenging discussions in the past.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at TRC London Ltd
✨Know Your Numbers
Before the interview, brush up on your knowledge of market rents and comparable transactions. Be ready to discuss how you've used this data in past negotiations to support pricing decisions. This shows you’re not just a negotiator but also someone who understands the financial implications.
✨Showcase Your Negotiation Skills
Prepare specific examples of complex lease renewals or rent reviews you've successfully managed. Highlight your approach to negotiations with customers, solicitors, and agents. This will demonstrate your ability to handle challenging situations and secure favourable outcomes.
✨Build Relationships
Emphasise your experience in building relationships with brokers, agents, and industry contacts. Discuss how these connections have helped you in previous roles, particularly in securing upselling opportunities and maintaining customer retention. It’s all about showing you can foster strong partnerships.
✨Attention to Detail is Key
Be prepared to talk about how you ensure accuracy in drafting legal notices and lease documentation. Mention any systems or processes you’ve implemented to improve efficiency and reduce errors. This will highlight your organisational skills and attention to detail, which are crucial for this role.
