Asset Manager. OUR CLIENT is an established and recognised real estate owner / investor who are expanding and are now looking for an Asset Manager to join the Team and work on a commercial portfolio of London based retail and industrial properties.
THE ROLE:
- Negotiating and dealing with tenants' lease events including rent reviews, break clauses and lease expiries.
- Familiarity with standard commercial lease terms and ability to fully interpret lease terms from leasing documents.
- Instruct and monitor letting agents on vacant commercial properties.
- Reviewing, negotiating and agreeing Heads of Terms with prospective tenants via instructed agents.
- Oversee the accuracy of property data on the system in respect of lease, service charge and insurance for all lease events.
- Understanding tenant rent statements and investigating discrepancies and variances.
- Responsible for annual insurance renewal ensuring best value.
- Ensure billing of recoverable insurance premia from appropriate tenants and managing insurance claims.
- Dealing with all applications for consent including alterations, assignments and underletting's.
- Minimize vacant property costs including mitigating business rates and utility charges.
- Ensure statutory audits are undertaken, recorded and accounted for in the service charges for health & safety, fire, asbestos, water risk assessments etc.
- Dealing with all business rates matters.
- Prepare/approve service charge budgets, demands and apportionments.
- Oversee Section 20 procedures for long term service contracts and major works.
THE PERSON: To apply for this role, you will:
- Have 5+ years experience managing a commercial property portfolio.
- Must have hands on portfolio property management experience.
- Must have hands on rent review, lease renewal and lettings experience of commercial properties.
- Happy to work in the office 4 days a week.
To learn more about our company and vacancies we are currently working on, visit our website and follow us on LinkedIn
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