Senior Asset Manager

Senior Asset Manager page is loaded Senior Asset Managerlocations: 70 Grosvenor Street, London, W1K 3JPtime type: Full timeposted on: Posted Todayjob requisition id: JR04726The London Estate is expected to make a significant contribution to the performance and growth of GPUK. This role plays a key part within the London team to deliver our purpose of delivering lasting commercial and social benefit. The role will ensure we create and maintain great places to live, work and visit, maintaining and enhancing our long-term reputation and performance.The role will primarily support our London Estate office portfolio to be the place of choice and the LE team to be the Partner of choice. The role is in the London Estate Offices team, part of our £5bn UK property portfolio. The office portfolio has a range of offices from prime traditional offices through to flexible offices and the purpose of this role is to support the delivery of the plan to create the best office areas in London, creating value through excellent asset management. This portfolio also includes a mix of retail, hotel, residential and car parking assets. The London Estate is serviced by an operations and development team to ensure the London Estate maximises current and future income and excels at delivering social benefit, and this role will work closely with those teams to ensure a seamless delivery for our tenants and our business. Key Responsibilities Delivery: Responsible for delivering the portfolio business plan, focusing on key asset management areas - delivering complex commercially attractive lease and re-gear transactions, rent reviews, development pipeline (including identification, planning and delivery). Deliver commercial returns in line with the business plan and budget. Prepare robust valuation and cash-flow underwriting and appraisals for investment, development and asset management activity and prepare balanced recommendations to support the relevant opportunities and underwriting. Performance: Drive high performance across the assets you manage, ensuring key financial and social metrics are at the centre of decision making. A data evangelist, you will be responsible for ensuring Office portfolio data is accurate and used as a powerful tool in decision making. Work in partnership with key service providers, such as property management and development, to ensure high quality service delivery to create value for the Office Portfolio. Act as client to our marketing and public realm teams to ensure we create attractive destinations for our visitors, shoppers, and workers. Budgeting and reporting: Understand the drivers of performance which enhance good decision making. Report monthly on progress for your assets, highlighting key risks and opportunities. Responsible for budgeting, forecasting and explaining any variances to plan. ESG: Champion sustainability across the portfolio assets both directly and indirectly; directly through influencing tenants to align to our sustainability ambitions through leases, and in partnership with the operations team to deliver the retrofit plan. Work with the LE team and across other functions to deliver the social impact strategy. Stakeholder Management: Be an ambassador for Grosvenor, ensuring we maintain and enhance our long-term reputation with the local community. Identify and engage actively with all tenants to achieve the portfolios commercial objectives. Market Knowledge: Understand future trends of the property sector and occupier needs and how that could and should influence our tenant mix, landlord offer and property specification. Work closely with the other members of the portfolio team to share knowledge, ensuring the best outcomes for the portfolio. Key Requirements Track record of extensive property asset management experience with evidence of creating value through investment and asset management activity. Skilled in negotiation. An ability to create and nurture relationships with tenants. Proven capability to source, underwrite and execute investment transactions and assist on larger complex deals and projects. Strong commercial acumen:o Ability to deliver revenue growth, create value, control cost and mange budgets and business planso Ability to deliver regular reporting on the performance of the portfolio against in year budget and business plan. Strong financial acumen - ability to understand cash flows, business plans, valuations. Strong financial modelling capability. Ability to multitask and prioritise varied workload. We know flexibility is important and take a hybrid approach to working, please contact us for further details. Grosvenor is proud to be a Disability Confident Committed employer. If you would like to speak with us for more detail, please contact want you to have every opportunity to show us your strengths. There are adjustments available for our process, please contact us on to discuss.To apply for this job please click on "Apply". To begin your application you will be asked to create an account.Please carefully read our Recruitment Privacy Notice before proceeding with an application. The privacy notice sets out how Grosvenor obtains, uses and protects the personal information which you provide to us. You can read the notice here -We think this is a very special place to work. Our international activities span urban property, food and agtech, rural estate management and support for philanthropic initiatives - meaning we are able to offer a wide range of rewarding career opportunities.We are united by a common purpose: to deliver lasting commercial, social and environmental benefit, and this drives everything we do. It means that we put planet and people at the centre of what we do and why we want people with open minds and fresh ideas to join us.