Retail Asset Manager - Retail Park or Shopping Centre Experience

We’re currently working with an International Owner, Developer and Asset Manager of retail led, mixed use assets. They are now seeking an experienced Retail focused Asset Manager to work on a number of prestigious Shopping Centre schemes, as well as drive value from a sizable Retail Park portfolio. The Shopping Centre portfolio has a diverse and exciting tenant mix which includes well-known brands as well as independents and boutiques. You’ll be given your own portfolio of either Shopping Centres or Retail Parks to manage, and your role will be to identify and implement Asset Management initiatives in accordance with Asset Business plans, as well as having a strong focus on curating, enhancing and optimizing the right combination of brands for your portfolio in the context of current and future market trends.

Role

• Identifying, evaluating, negotiating and executing Value-Add Asset Management initiatives in accordance with the Fund requirements and Asset Business Plan.
• Accountable for allocated new lease negotiations/extensions/variations/rent adjustments and obtaining the relevant approvals.
• Instructing and coordinating with all relevant internal and external personnel and being the deal lead to complete each deal. To determine who is best placed to execute each legal contract depending upon existing capacity and capabilities in-house.
• Ensuring negotiations hierarchy and protection measures in case of turnover leases, ensuring explanation of cost/benefits and effect on valuation.
• Approving the property management strategies for repairs and maintenance
• Working with a project lead on vacant possession strategies to facilitate development
• Agree key milestones and agree/approve the design team and secure budget for project feasibility studies, analyse and present to the Fund for approval using key metrics

Requirements

• MRICS qualified or equivalent professional experience ideally gained in a property company or retail business
• At least 6 - 10 years relevant market experience
• Property asset management experience, ideally across either Retail Park or Shopping centre assets
• Network of relationships across Retail and Leisure sectors.
• Proven asset management skills – experience in rent reviews, lease renewals, lease re-gears and delivering value accretive asset management opportunities
• Experience in identifying opportunities to add value and executing on transactions to deliver against targets of asset financial outperformance
• Awareness of occupier needs and market trends
• Numerically astute with an analytical approach
• Strong interpersonal, communication and presentation skills