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Director of Asset Management

Employer
Deverell Smith
Location
England, London
Salary
£100000 - £120000 per annum
Closing date
11 Nov 2019
Reference
PR/024357

Job Details

My Client is looking for an experienced Asset Manager to assist in the asset management strategies including leasing, financing, capital improvement and disposition strategies. Below are some of the responsibilities of the role:

  • Maintaining good tenant relationships to ensure high rate of retention.
  • Preparing and managing annual budget and reports which include: asset performance, leasing status and rental collection.
  • Recommending divestment opportunities and managing the sales process.
  • Assisting with the underwriting of new investment opportunities as required.
  • Working closely with property managers to ensure properties are properly maintained, and in compliance with regulations.
  • Coordinating with external parties such as government authorities and brokers as required.
  • Managing market intelligence and collating UK market / industry information to ensure competitiveness.
  • Involved in negotiations on new lettings, lease renewals, rent reviews, dilapidation settlements.
  • Working alongside legal team on due diligence for all acquisitions and disposals.
  • Involved with marketing on all space available to let and for sale within portfolio.
  • Assisting with planning applications and all associated work prior to submission.
  • Assisting with preparation and reconciliation of service charges.
  • Proactively compile investment and investor reporting.
  • Establish and operate standardised reporting processes to internal and external stakeholders.
  • Oversee operating partners and property managers in their day-to-day management of the assets, and become involved in key decisions as appropriate, e.g. In negotiations with tenants for substantial new leases or rent reviews.
  • Manage external service providers, including accountants and lawyers, as appropriate.
  • Manage the debt financing on assigned investments and assist in facilitating debt extensions, renegotiations, recapitalisations, etc. as necessary.
  • Assist the development and implementation of effective and consistent asset management systems.

Company

Deverell Smith are the UK’s fastest growing property recruitment firm offering strategic recruitment services across all disciplines of the property industry both domestically and internationally. We cater for all levels of seniority and provide individuals on a permanent, temporary, contract and interim basis. 

People are our business so whether you are a Deverell Smith client, candidate or employee, you are always our top priority and we promise to make a positive and tangible difference. Like you, we love property. Most, if not all, of our staff have joined us from the property industry and this gives us the insight, understanding and credibility to make lasting and value-adding placements. Ultimately, we believe – and can prove – that we can make a career and change the course of a business. 

Company info
Website
Telephone
+44(0)20 7291 0900
Location
2nd Floor
Cannon Green
1 Suffolk Lane
London
London
EC4R 0AX
GB

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