Our client is a global real estate investor with a pan-European commercial real estate portfolio. They have committed capital and a mandate to continue to invest.
They are hiring a German speaking asset manager to manage a portfolio of assets in Germany, Spain, Belgium and the UK.
The primary responsibility of the role is to identify, evaluate and execute asset performance and enhancement strategies, plans and initiatives to meet the Fund's objectives.
Identification and implementation of asset management initiatives.
Preparation of annual asset business plans and budgets outlining key asset management initiatives.
Managing external property managers and ensuring that the properties continue to be well-maintained
Identification, appraisal and implementation of re-development, reconfiguration or refurbishment initiatives including oversight of budget vs actual
Leasing activity - To implement the leasing strategy across each asset, instruct agents/consultants, leading and overseeing negotiations and agreement of heads of terms. Reporting recommendations to the Asset Management Director, instructing solicitors and managing transactions through to successful conclusion.
Ratification of budgets and forecasts (rental, capital and non-recoverable), as appropriate.
Overseeing service charge budgets, in liaison with the external property manager
To manage rent reviews and lease renewals. To ensure timely implementation, overseeing negotiations to successful completion. Instructing solicitors and agents as appropriate.
Approving the property management strategy and objectives and overseeing implementation by the Property Management Agent.
Liaise with financing bank and accountants on cash flow planning and preparation of compliance certificates
Collaborate with external valuation consultants
Prepare monthly and quarterly asset reports.
Maintain key occupier and agency relationships in market place.
The successful candidate will have 3+ years of commercial real estate experience, some of which should be within a client side asset management role.
Fluency in English and German is essential. Additionally, fluency in French is desirable.
A full job description is available for suitable candidates.