Asset Manager (BtR)

Cobalt Recruitment; Greater London; On-site; GBP 85,000 - 110,000; Full time

Job summary

Cobalt Recruitment is seeking an Asset Manager for a fast-growing UK Build to Rent business in London. The role blends 80% asset management with 20% investment management and investor relations, offering exposure to operational and investment sides of a growing institutional real estate firm.

You will drive performance across a UK-wide BTR portfolio, lead budgeting and forecasting, monitor KPIs and collaborate with property, finance and operations teams, while supporting acquisitions and

Qualifications

• 2+ years in real estate asset or investment management.
• Strong understanding of NOI, IRR, valuations.
• Advanced Excel and data analysis skills.
• Experience in budgets, forecasts and reporting.
• Commercial, proactive, and able to coordinate multiple assets.
• Strong communication with Investment, Finance and Operations teams.
• BTR, residential or operating real estate experience preferred.
• Underwriting or financial modelling exposure is a plus.

Responsibilities

• Drive performance of a growing UK-wide BTR portfolio.
• Implement asset-level business plans to improve financial and operational performance.
• Collaborate with property management and operations to optimise leasing and occupancy.
• Monitor asset performance against budgets and KPIs.
• Lead annual budgeting, forecasting and reviews.
• Assist with onboarding of new assets into the portfolio.
• Identify value-add opportunities and ESG initiatives.
• Support investment management and investor reporting activities.
• Engage with investors, lenders and stakeholders on portfolio performance.
• Gain exposure across acquisition, stabilisation and ongoing asset management.

Skills

Real estate asset management

Financial analysis

Investment reporting

Communication

Tools

Excel

Job description

Asset Manager – Build to Rent (Operational BTR)

An exciting opportunity has arisen for an Asset Manager to join a fast-growing, well-capitalised UK Build to Rent (BTR) investment, development and operating business in London.

The business is experiencing a significant period of growth, actively acquiring new assets and expanding its UK-wide residential portfolio and Assets Under Management (AUM). With further assets scheduled to onboard in Q1 2027, this is an excellent opportunity to join an ambitious business at a pivotal stage of its expansion.

Working closely with the Investment team, the successful candidate will play an integral role in driving asset performance, maximising portfolio value and supporting the continued growth of the business.

The position will be approximately 80% Asset Management and 20% Investment Management / Investor Relations, offering exposure to both the operational and investment sides of a growing institutional real estate firm.

The Role

Asset Management (80%)

• Drive the performance of a growing UK-wide BTR portfolio, focusing on rental growth, occupancy, NOI and overall asset value.
• Implement asset-level business plans and identify opportunities to enhance financial and operational performance.
• Work closely with property management and operational teams to optimise leasing, pricing, tenant retention and operating efficiencies.
• Monitor asset performance against budgets, business plans and key financial KPIs.
• Lead annual budgeting, forecasting and performance reviews.
• Support the onboarding and integration of newly acquired assets into the existing portfolio.
• Identify value-add opportunities and contribute to longer-term asset management strategies.
• Support ESG initiatives, valuations and wider portfolio reporting.

Investment Management & Investor Relations (20%)

• Work closely with the Investment Team to support new acquisitions, asset onboarding and portfolio expansion.
• Assist with investment analysis, financial modelling and asset-level underwriting.
• Prepare investor reporting packs, performance commentary and portfolio updates for institutional investment partners.
• Support investment business plans and provide asset-level insights to inform acquisition and investment decisions.
• Liaise with investors, lenders and other key stakeholders, providing clear reporting on portfolio performance.
• Gain exposure to the wider investment lifecycle, from acquisition through to stabilisation and ongoing asset management.

About You

• Minimum 2 years' experience within real estate asset management, investment management or a related discipline.
• Strong understanding of real estate financial fundamentals, including NOI, IRR, valuations and asset-level performance.
• Excellent analytical skills, with advanced Excel proficiency and the ability to interpret financial and operational data.
• Experience preparing budgets, forecasts, financial analysis and management or investor reporting.
• Commercially minded, proactive and confident working across multiple assets and stakeholders.
• Strong communication skills and the ability to collaborate closely with Investment, Finance and Operations teams.
• Experience within BTR, residential or operational real estate would be highly advantageous.
• Exposure to investment underwriting or financial modelling would be beneficial but is not essential.

Why Join?

• Growing investment platform: Join a business actively acquiring assets and significantly expanding its UK-wide BTR portfolio.
• Strong acquisition pipeline: Be directly involved in onboarding new assets from Q1 2027 onwards.
• Investment exposure:Work closely with an experienced Investment Team and gain insight into acquisitions, investment strategy and institutional investor relationships.
• Broad responsibility: Enjoy a varied position combining hands-on Asset Management with Investment Management and Investor Relations exposure.
• Career progression:Join at an exciting stage of growth, with opportunities to develop alongside an expanding portfolio and increasing AUM.

This opportunity would suit an ambitious Asset Manager or real estate professional looking to take greater ownership of portfolio performance while developing their exposure to the investment side of the business.