Asset Manager - West Midlands

Macdonald & Company; West Midlands; On-site; GBP 60,000 - 90,000; Full time

Job summary

Macdonald & Company is seeking a senior property professional to manage a diverse commercial portfolio for a council, focusing on maximizing rental income and asset performance.

You will lead rent reviews, lease renewals and landlord-tenant matters, with MRICS qualification and a strong background in valuations for accounting and reporting; driving efficiency and stakeholder relations across the portfolio.

Qualifications

• MRICS qualified with extensive experience in commercial property asset management.
• Experience in rent reviews, lease renewals and landlord-tenant matters.
• Leadership experience of a team is beneficial.
• Full UK driving licence.

Responsibilities

• Manage a diverse commercial property portfolio for a council.
• Lead rent reviews, lease renewals and landlord-tenant matters.
• Maximise rental income and improve asset performance.
• Oversee valuation for accounting and financial reporting purposes.
• Develop and maintain relationships with tenants, agents and stakeholders.

Skills

MRICS qualification

Asset management

Rent reviews

Lease renewals

Stakeholder management

Education

MRICS

Job description

This is a senior property role with responsibility for managing a varied commercial property portfolio, alongside leading the Council's annual property valuation programme. The role will involve a mix of day-to-day asset management and strategic responsibilities, with a focus on maximising rental income, improving asset performance, managing costs and ensuring the Council's property portfolio is accurately valued.

You will oversee a diverse portfolio of commercial investment properties, taking the lead on complex rent reviews, lease renewals and landlord and tenant matters, including third-party referrals where necessary. You will also be responsible for managing vacant properties, finding ways to reduce void periods and ensuring rental income is maximised.

A key part of the role will be identifying opportunities to improve the performance of the Council's commercial assets through lease re-gears, asset reviews and wider investment strategies. Building and maintaining good working relationships with tenants, property agents and other stakeholders will also be important.

The successful candidate must be MRICS qualified, with significant experience in commercial property asset management, along with a strong background in commercial property valuations for accounting and financial reporting purposes.

A good understanding of landlord and tenant legislation, property management and RICS professional standards is essential, as is substantial experience dealing with rent reviews, lease renewals and wider landlord and tenant matters. Previous experience of managing or leading a team would be beneficial, along with a full UK driving licence.