Asset Manager

Mileway; London; On-site; GBP 50,000 - 75,000; Full time

Job summary

Mileway, a leader in last mile logistics real estate, seeks an Asset Manager in London. The role involves managing a diverse portfolio and delivering optimal financial returns while fostering stakeholder relationships. Candidates should bring analytical expertise, a strong real estate interest, and experience in a fast-paced environment.

Benefits

Flexible work policy

In-house learning and development program

State-of-the-art technology package

Qualifications

• At least three years’ experience in asset management.
• MRICS status is preferred.
• Interest in last mile logistics real estate.

Responsibilities

• Implement asset management strategy and optimize asset performance.
• Manage lettings, renewals, and lease negotiations.
• Conduct financial analysis and budget preparation.

Skills

Analytical skills

Communication skills

Negotiating skills

Team collaboration

Education

Relevant bachelor's degree

Job description

We offer an opportunity you simply won’t find anywhere else. In less than four years, Mileway has grown into Europe’s leader in last mile logistics real estate, with a 550-plus team across more than twenty offices in ten countries.

We’re looking for an experienced, high-calibre Asset Manager to join our team in London. You’ll be part of a young, dynamic team. You’ll report to our Regional Director - London & South East, as we build and consolidate our position as the market leader in last mile real estate.

As Asset Manager, you’ll join an existing team who together cover a diverse logistics and industrial portfolio across London & the South East region. You’ll be responsible for asset management strategy, lease & property management. You’ll be working with internal stakeholders and external consultants to deliver the best returns possible on your portfolio. There is huge value-add potential in the existing stock, with plenty of development potential for a candidate who has the right mix of creativity, determination and the flexibility to work in a start-up-style leadership environment.

The right candidate will not only have the drive and discipline to handle the day to day, but the ambition to grow with us as we develop an unparalleled opportunity as the principal player in last mile real estate.

Working at Mileway

We offer an opportunity you simply won’t find anywhere else. Launched in 2019, Mileway has rapidly grown into Europe’s leader in last-mile logistics real estate, with a team of over 550 across more than twenty offices in 11 countries. From the start, Mileway set out to be a different kind of real estate company, with a cloud-based IT infrastructure and a team that combines local expertise with the pooled strengths of a pan-European presence.

Our culture is fast-paced and highly international, with team members from more than 50 countries, bringing diverse perspectives and a “can-do” attitude to everything we do. While we have already achieved a lot, we’re only just getting started – our purpose is to be Europe’s leading provider of last mile logistics real estate, enabling businesses to thrive, driving sustainability forward, and shaping the cities of tomorrow. To get there, we live by our values: Drive, Trust, Grow, Together.

At Mileway, we believe company growth comes from supporting the growth of our combined capabilities. That’s why we offer an in-house learning & development program where personal, professional, and business development go hand in hand, helping you carve out your own unique career path. You’ll be based at our London office. While we embrace a flexible approach to work, our policy requires working from the office three days a week. To support this, we provide a state-of-the-art technology package to keep you connected at all times.

What You’ll Do

• Implement a sustainable asset management strategy for existing and future assets driven by effective asset management. You can identify the best way to optimise each asset, creating diversified plans, and look for and exploit opportunities to add value in our portfolio and asset management performance
• Manage all lettings, renewals, rent reviews, lease surrenders, and associated capital expenditures
• Initiate, negotiate and/ or approve commercial terms of leases (new leases, rent reviews and lease renewals) Work together with your team-assistant colleague for converting these commercial terms into contractual leases
• Be in direct contact with occupiers to understand their business requirements and focus on customer engagement
• Track and assess the risk criteria for each asset, spot red flags and inform the management team of any warning signals that could indicate risk, including health & safety, insurances, payment behaviour/ insolvency, technical maintenance, liquidity, releasing risk
• Collaborate with the Construction and Project Management team to make sure major capex items and (re)development run to plan
• Challenge and put forward a recommendation for the annual budgets (lease, capex and opex assumptions) for each asset as part of the overall business plan for the region, including refurbishments, extensions and redevelopment. Integrate remodelling, redevelopments, and extensions into the business plan. You’ll work with the development and finance teams to control and monitor this as part of the business plan
• Carry out financial analysis and assist with preparing property budgets and reports, and underwrite all asset management reports
• With your colleagues, build and maintain warm and productive direct relationships with occupiers, and local/ national advisors. Your work will ensure we are top of mind as a preferred business partners
• Be part of a motivated and effective team, who actively contributes to build positive engagement and drive team performance. Be an ambassador for Mileway’s core values and passion for results.
  
  

What You’ll Bring

• At least three years’ relevant experience in asset management activity, ideally hold MRICS status
• You’re used to working in a fast paced, professional environment, have an excellent track record and can demonstrate how and where you’ve added value
• You have a genuine interest in real estate and the transformation of the last mile sector. You’ll get to know the local sub-market and tenants and be able to spot and act on opportunities
• Your great team energy. You’re a hands-on self-starter who works confidently and independently, whilst also collaborating well with others
• Your head for numbers. You’ll be able to digitise and track data. You’ll have great analytical, financial, and negotiating skills
• Your communication skills as an English native speaker.
• Your education in a relevant bachelor degree.
  
  

Our vision is to be the number one gateway to urban communities. To get there, we live our values: Drive, Trust, Grow, Together.