Asset Manager

Varnom & Ross Ltd.; Cambridgeshire and Peterborough; On-site; GBP 60,000 - 95,000; Full time

Job summary

Varnom & Ross Ltd. in Cambridge seeks an experienced Asset Manager to shape asset strategy and drive long-term value across a major science and technology-focused portfolio.

You will own strategic initiatives, collaborate with occupiers, advisers, and authorities, and lead dissemination of asset management plans in a dynamic investment environment. The role offers exposure to leasing, development, planning, refurbishment, rent reviews, and investment strategy, with a strong focus on

Qualifications

• Experience in commercial property asset management.
• Strong commercial and financial awareness.
• Good knowledge of landlord & tenant legislation.
• Excellent communication and relationship-building abilities.
• Ability to coordinate internal/external teams.
• Interest in sustainability and long-term value creation.

Responsibilities

• Develop and implement short, medium and long term asset management plans.
• Identifying and delivering opportunities to enhance portfolio performance and value.
• Leading asset management initiatives including lease renewals, rent reviews, re-gearing, lettings, refurbishment, development and planning.
• Undertaking financial appraisals and assessing the commercial viability of opportunities.
• Managing strategic relationships with occupiers, local authorities and other stakeholders.
• Providing oversight of projects, risk and wider asset management initiatives.
• Working closely with legal advisers, consultants and other professional teams.
• Supporting the development and delivery of sustainability strategies.
• Overseeing valuations and liaising with valuation specialists where required.
• Coordinating the delivery of wider property management, financial management and reporting services.
• Providing high quality reporting and contributing to the wider success of the investment and property management function.

Skills

Commercial property

Financial analysis

Stakeholder management

Lease negotiations

Sustainability focus

5+ years asset management

Education

MRICS qualification (advantage)

Job description

Cambridge | Institutional Property Investment

An excellent opportunity for an experienced Asset Manager to take a central role in the strategic management of a substantial institutional property investment portfolio.

This is a particularly interesting opportunity for someone looking to take greater ownership of asset strategy, value creation and client relationships, with a significant focus on a major science and technology-led property destination in Cambridge.

The opportunity

You will work closely with a sophisticated institutional investment client, taking responsibility for developing and delivering asset management strategies across a diverse property portfolio.

A key part of the role will be the active management of a major science and technology-focused property asset in Cambridge, working alongside a broad team of property professionals and external specialists.

The role will involve identifying opportunities to enhance asset performance and long-term value, with exposure to initiatives spanning leasing, development, planning, refurbishment, rent reviews, lease renewals, re-gearing and investment strategy.

You'll have the opportunity to develop ideas, build business cases and work with stakeholders to turn those strategies into tangible outcomes.

Why this opportunity?

• Genuine strategic responsibility – play a key role in shaping asset strategy and delivering long-term value.
• Major institutional client – work directly with an experienced and sophisticated property investor.
• Significant Cambridge asset – take responsibility for a major science and technology-led property asset within a dynamic investment environment.
• Broad asset exposure – work across a diverse investment portfolio rather than being restricted to a single property type.
• Value creation focus – identify opportunities and take them from initial concept through to implementation.
• Strong stakeholder exposure – develop relationships with occupiers, advisers, local authorities and other key stakeholders.
• Collaborative environment – work alongside specialists across asset management, property management, leasing, planning, project management and facilities.
• Long term perspective – operate within an investment environment focused on sustainable performance and long-term value creation.

Key responsibilities

• Developing and implementing short, medium and long term asset management plans.
• Identifying and delivering opportunities to enhance portfolio performance and value.
• Leading asset management initiatives including lease renewals, rent reviews, re-gearing, lettings, refurbishment, development and planning.
• Undertaking financial appraisals and assessing the commercial viability of opportunities.
• Managing strategic relationships with occupiers, local authorities and other stakeholders.
• Providing oversight of projects, risk and wider asset management initiatives.
• Working closely with legal advisers, consultants and other professional teams.
• Supporting the development and delivery of sustainability strategies.
• Overseeing valuations and liaising with valuation specialists where required.
• Coordinating the delivery of wider property management, financial management and reporting services.
• Providing high quality reporting and contributing to the wider success of the investment and property management function.

About you

We're looking for an experienced Asset Manager or Investment Surveyor with a strong grounding in commercial property and a genuine interest in active asset management.

You will ideally have experience across a range of value-add initiatives and be comfortable assessing opportunities, presenting recommendations to stakeholders and seeing projects through to completion.

You'll bring:

• Strong commercial and financial awareness.
• Experience undertaking financial appraisals.
• Good knowledge of Landlord & Tenant legislation and commercial property.
• Strong analytical and decision-making skills.
• Excellent communication and relationship-building abilities.
• The confidence to deal directly with sophisticated clients and senior stakeholders.
• Experience delivering asset management initiatives such as leasing, refurbishment, development, planning or re-gearing.
• The ability to coordinate internal teams, external advisers and service providers.
• A collaborative and commercially minded approach.
• An interest in sustainability and long-term value creation.

MRICS qualification and 5+ years' PQE would be advantageous, although relevant experience and a strong track record in asset management will be considered.