Commercial Manager

CBRE; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading commercial real estate services firm is seeking a Commercial Manager to manage income targets and develop strategic partnerships. Responsibilities include budget management and delivering excellence in commercialisation. The ideal candidate should possess proven experience in income generation and relationship management, with a focus on innovative service improvement.

Qualifications

• Experience in achieving and exceeding income targets.
• Strong skills in managing budgets and forecasts.
• Ability to build and maintain partner relationships.

Responsibilities

• Source and manage income across various categories.
• Prepare budgets and forecasts for the centre.
• Communicate with management on commercial initiatives.

Skills

Income target management

Budget preparation

Partnership relationship management

Market leading excellence delivery

Legal document drafting

Innovation in service improvement

Job description

Overview

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Job Title

Commercial Manager - Luton Point, Luton

Reporting To

Laura Bonner, Director, Commercialisation

Responsible For

No Direct Reports

Location

Based on site at the Centre

Key Responsibilities

Key Objectives

• Source, manage and achieve / exceed income targets across the following strategic commercialisation categories: Media, Vending, Services including ATMs, Mall Retail (long and short-term), Promotions, New Initiatives within the above areas or other
• Work with the Associate Director to prepare annual budgets and monthly and / or quarterly budget forecasts for the centre
• Effectively manage debt with the accountant.
• Manage and build partnership relationships with select key accounts.
• Ensure the delivery of market leading excellence in commercialisation.
• Communicate and liaise with Centre Management in the development of commercialisation initiatives.
• Work with the Associate Director and Head of Commercialisation in all areas of non-rental income generation.
• Work closely with the solicitors in the drafting of legal documents for long-term deals.
• Prepare paperwork such as and including PTAs (Property Transaction Authorisations), BAFs (Booking Application Forms), and short leases including storage.
• Challenge and improve existing services and facilities through innovation.
• Undertake additional duties as required.

Key Areas of Accountability

• Achieve / exceed income targets.
• Ensure all documentation is maintained, completed to schedule and efficiently.
• Benchmark our initiatives against those in other companies and provide improvements.
• Be aware of the Company's Health & Safety Policy and carry out work in accordance with its requirements.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world's largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage serving, valuations); Building Operations & Experience (facilities management, property management, flex space & experience); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at that is not linked here: www.cbre.com.

Why CBRE

When you join CBRE, you become part of the global leader in commercial real estate services and investment that helps businesses and people thrive. We are dynamic problem solvers and forward-thinking professionals who create significant impact. Our collaborative culture is built on our shared values - respect, integrity, service and excellence - and we value the diverse perspectives, backgrounds and skillsets of our people. At CBRE, you have the opportunity to chart your own course and realize your potential. We welcome all applicants.

Applicant AI Use Disclosure

We value human interaction to understand each candidate's unique experience, skills and aspirations. We do not use artificial intelligence (AI) tools to make hiring decisions, and we ask that candidates disclose any use of AI in the application and interview process.