Asset Manager

ESR Group; Manchester; On-site; GBP 45,000 - 65,000; Full time

Benefits offered by this job

Holidays 25 days + bank holidays

Private medical insurance

Health cash plan

Pension

Death in Service

Employee assistance programme

Cycle to work

Job summary

ESR Group is seeking a property asset management professional to oversee lease management, marketing, refurbishment, dilapidations, inspections, and financial management within its real estate portfolio.

Role involves collaborating with teams, managing external agents, and ensuring lease obligations are met while maintaining property records and budgets.

Qualifications

• Proven experience in asset management or a related real estate role.
• Strong negotiation and communication skills.
• Familiarity with property management databases and financial systems.
• Knowledge of lease terms, property laws, and regulations.
• Project management skills for overseeing refurbishment projects.
• Ability to analyse financial data and cost reports.
• Understanding of marketing strategies for property leasing.
• Excellent organisational and multitasking abilities.

Responsibilities

• Oversee rent reviews, renewals, break options, and lease re-gears.
• Coordinate with third‑party agents and manage related fees.
• Maintain property database and liaise with management accounting.
• Appoint letting/sales agents and manage marketing plans and budgets.
• Oversee letting/sales deals from proposals to legal completion.
• Conduct inspections and due diligence for assets to be acquired.
• Prepare refurbishment cost reports and manage refurbishment schemes.
• Manage dilapidations timely per lease terms.

Skills

Asset management

Negotiation

Communication

Organisational skills

Multitasking

Financial analysis

Project management

Marketing for leasing

Tools

Yardi

Job description

Role Overview

This roleis responsible foroverseeing various aspects related to lease management, marketing, refurbishment, dilapidations, inspections, andfinancial managementwithin the real estate portfolio. The role involves collaborating with different teams, managing external agents, and ensuring compliance with lease obligations.

Key Responsibilities

Lease Events Management:

• Undertake rent reviews, lease renewals, break options, and lease re-gears.
• Coordinate with third-party agents when necessary, agreeing on fees and managing the process.
• Ensure proper documentation recorded by solicitors and update the property management database.

Maintenance of Property Database:

• Liaise with the Property Management Accountant tomaintainthe "Yardi" Property Management Database.
• Establish and update property and tenant records.

Marketing and Letting:

• Appoint and manage letting and sale agents for vacant properties/identifieddisposals, including marketing plans and budget agreements.
• Oversee letting/sales deals from agent proposals to legal completion.

Sales and Acquisitions

• Undertake inspections and legal/technical due diligence of assets to beacquiredto include instructing of and management of legal advisors.
• Prepare recommendations and cost reports for asset refurbishment.
• Implement and manage refurbishment schemes by appointing and overseeing a design team.
• Review and manage the formal appointment of contractors and consultants.

Dilapidations:

• Ensuretimelyinstruction of dilapidations according to lease terms.
• Manage the ongoing process to maximize the company's position.

Requirements

• Proven experience in asset management or a related real estate role.
• Strong negotiation and communication skills.
• Familiarity with property management databases and financial systems.
• Knowledge of lease terms, property laws, and regulations.
• Project management skills for overseeing refurbishment projects.
• Ability to analyse financial data and prepare cost reports.
• Understanding of marketing strategies for property leasing.
• Excellent organisational and multitasking abilities.

Benefits

• Holidays - 25 days per year plus bank holidays in England
• Family Private Medical Insurance
• Family Health Cash Plan
• Pension
• Death in Service
• Employee Assistance Programme
• Cycle to Work Scheme