Asset Manager - Care Homes

Octopus1; Greater London; Hybrid; GBP 70,000 - 110,000; Full time

Benefits offered by this job

Competitive salary and bonus

Pension

Hybrid working – office + home

Anchor wellness hub benefits

Parental leave (up to 6 months)

Life insurance

Private medical insurance

Electric vehicle leasing

Work overseas up to 1 month per year

Job summary

Octopus1 is seeking a hands‑on asset manager to own delivery of asset management strategies across the OHF portfolio, aiming to grow income, value and risk‑adjusted returns while working with operators, consultants and valuers. The role involves ESG delivery and close collaboration with the investment team.

You will manage buildings, leases and forward‑funded developments, monitor performance, and prepare dashboards and reports for senior management.

Qualifications

• Hands‑on asset management experience in commercial real estate.
• Strong grasp of leases and rent reviews.
• Experience managing third‑party operators, advisers and other stakeholders.
• Able to run several projects simultaneously and stay organized.
• Comfortable analyzing trading and financial performance data and presenting clear recommendations.

Responsibilities

• Deliver asset management strategies across the OHF portfolio to grow income, value and risk‑adjusted returns.
• Build relationships with operators, consultants and other stakeholders; provide clear reporting and recommendations.
• Analyse quarterly operator trading data and turn it into dashboards and reports.
• Track forward‑funded developments, budgets, milestones, risks and escalations.
• Lead ESG initiatives including GRESB submissions and investor reporting.
• Contribute to annual planning, budgeting and forecasting with investment and ESG teams.

Skills

Asset management

Commercial real estate

Lease management

Rent reviews

Stakeholder management

Data analysis

Autonomy

Education

MRICS or equivalent accreditation

Job description

Why this role

Own a portfolio of operational care homes where good asset management means better places for people to live as well as stronger returns. You'll work directly with the Fund Manager and the wider investment team, and cover everything from rent reviews and forward‑funded developments to ESG. You'll see the results in the buildings themselves.

The role

You’ll own the delivery of agreed asset management strategies across the OHF portfolio. That means growing income, value and risk‑adjusted returns, working with operators, consultants and valuers. It matters because care homes are people’s homes, and how well they’re run and maintained affects residents and families as much as investors.

What you’ll do

Manage the portfolio

• Deliver agreed asset management strategies, spotting ways to improve income, value and risk‑adjusted returns
• Build strong relationships with operators, consultants and other stakeholders, and give the Fund Manager clear reporting and recommendations
• Analyse quarterly operator trading data (occupancy, fee rates, staffing, agency use, margins, EBITDA, rent cover) against budgets and underwriting, and turn it into dashboards and reports

Look after the buildings and leases

• Track forward‑funded developments with development colleagues, reviewing milestones, budgets, programmes and risks, and escalating issues early
• Manage building surveys, technical due diligence and valuation inspections with external valuers, and monitor asset condition and capital expenditure
• Lead index‑linked rent reviews and monitor lease compliance and key lease events

Deliver on ESG

• Put OHF’s ESG and sustainability strategy into practice with operators and consultants, including GRESB (Global Real Estate Sustainability Benchmark) submissions and investor reporting

Plan ahead

• Contribute to annual business planning, budgeting and forecasting, and work closely with investment and ESG colleagues

Essential

• Substantial and hands‑on commercial real estate asset management experience
• A solid grasp of asset management principles, including leases and rent reviews
• Experience managing third‑party operators, professional advisers and other stakeholders
• Able to run several projects at once and keep them organised
• Comfortable analysing trading and financial performance data and presenting clear recommendations
• Able to work with a high degree of autonomy

Desirable

• MRICS (Member of the Royal Institution of Chartered Surveyors) or equivalent professional accreditation
• Experience in healthcare real estate, care homes, social infrastructure or other operational real estate

If you meet most but not all of this, we’d still love to hear from you.

What we offer

• A competitive salary, bonus, pension and share incentive plan
• Untracked holiday
• Hybrid working – three days in the office, two days from home
• Anchor (our wellness hub) which includes Headspace, one to one coaching through Wellness Cloud, Digital GP, employee assistance program & more
• Up to 6 months paid parental leave regardless of gender
• Life insurance, critical illness cover and income protection
• Private medical insurance for you and your family
• Electric vehicle leasing
• The option to work overseas up to a month per year

Our Values

At our core, we believe that how a company behaves is just as important as what it does. That’s why we chose to become an accredited B Corp (the equivalent of a Fairtrade coffee stamp but for companies) and to change our Articles of Association so that the interests all our stakeholders – employees, customers, communities, environment and shareholders – are considered in every decision we make.
We are committed to building a workplace where diversity is valued, and inclusion is a priority. By providing equal opportunities for growth and development, we embrace and celebrate all races, genders, religions, sexual orientations, ages, disabilities, and socio‑economic backgrounds. We believe teams achieve their best when every member feels safe, respected and empowered to be their authentic selves.
We’re proud to be disability confident and are committed to supporting candidates with a disability, including neurodiversity and mental health conditions, throughout the recruitment process. Applicants are welcome to opt‑in to the disability confident scheme as part of our application process. If you require any adjustments to the interview process, we’ll be happy to accommodate where possible.