Asset Management Director (Shopping Centres)

We are currently seeking an Asset Management Director for our client, an investment and real estate development group operating across Europe and the United Kingdom.

Established in 2020 the Group's UK business has quickly established itself as one of the leading investors and operators of Retail Led Destinations in the UK.

In this role within their established Asset Management team, you will take responsibility for a portfolio of Shopping Centres across the UK.

You will pay an essential role in making key decisions for shopping centre management, identifying opportunities to enhance cash flow and asset value, with a particular focus on driving NOI growth across the portfolio, and assisting in the full investment lifecycle.You will be expected to deliver concise, accurate and impactful reporting, present confident pitches to both internal and external stakeholders, offer top-tier asset management insights, and drive the profitable revenue growth and development of your assets to new highs.

We are looking for someone who understands that these are complex, evolving investments that require resilience, creativity and a hands-on approach.

Each has its own challenges and strategic opportunities, and we want someone energised by the chance to reposition and unlock value where others might see obstacles.

You will have complete ownership of your Assets’ performance and are expected to coordinate and direct the in-house teams (FM/Leasing/Marketing/Operations) to ensure delivery.

Key Responsibilities:Devise and implement the agreed annual business plan to deliver targets for net operating income (NOI), occupancy rates, transaction flow and ERV growthLead the team to deliver the business plans for the assets under managementAdvising the Board and JV partners on Asset Management needs in relation to the assets under your managementIdentification and delivery of asset enhancement initiatives, including the implementation of value-add strategiesLiaise with the Leasing Director to lead, manage, deliver and execute all leasing and major lease events in line with the annual business plan, including the reconfiguration of available spaceResponsible for improving and achieving the net income target across your assets by leasing vacant space, removing breaks, extending leases, implementing rent reviews/lease renewals etc.Oversight and ownership of the full P&L and Service Charge budget, as well as close monitoring of the in-house PM and FM resource, ensure cost and operational-effective site managementFull responsibility for PPM and CapexSupporting the Company with acquisition and disposals and due diligenceLead the team in Completing and presenting detailed, accurate and effective reportsLead UK Asset Management function including delivery of:Preparation of 5 year BusinessPreparation of weekly, monthly and quarterly reporting.Review of business plan strategy implementation.Analysis of new leasing operations.Implementation of asset management initiatives.Monitoring of debt and discount petitions.Coordination of projects and capex.Monitoring of asset KPIs.Financial reporting to investors and lenders.Coordination of external valuations.Helps manage the external service providers in charge of invoicing, rent statements service charge, insurance, rent collection, etc.Monitoring of cash flow.

Regularly and efficiently communicates with all parties involved in a project (i.e.

JV partner, Centre Management Team, stakeholders, team members, etc).Supports the leasing process, leasing legal and the leasing agents.

Analyses the terms of lease agreements and necessary legal documents and reports status compared to Business plans.

Skills and Experience:Previous experience (>10 years) with Retail Property Companies, Funds or Agencies in the Retail/Shopping Centre Sector is welcome.Resilient and pragmatic, with the ability to balance long-term strategic vision with the day-to-day realities of managing challenging retail environmentsSolid Retail Asset Management (shopping centres) working experienceProficient understanding of how to best manage expectations, and deal with demanding PartnersDemonstrable expert report-writing and presentation skillsAdvanced ability across MS Office packagesAbility to combine property knowledge with professional presentation and report writing skillsCommercial awareness, industry knowledge and competitor analysisStrong initiative and ability to work autonomously and manage own timeAble to think creatively about repurposing and regeneration of real estate assetsExcellent interpersonal and team management and leadership skillsSolid administrative skills for effective, accurate report writingDecisive, confident and calm under pressureA solid, resilient work ethicAble to focus on key issues and prioritise work whilst multi-taskingSelf-management of personal performance standardsPositive approach, commitment, and reliabilityAttention to detailsStrong leading, influencing and persuading skillsAbility to support colleagues at all levels within a high-performance functionShow initiative and creativity to achieve business results within an entrepreneurial business Education:A minimum of a Bachelor’s degree in Finance, Accounting, Business, Marketing, or Real Estate is required, but possessing an MBA is an added advantage Other:Current knowledge of industry trends in retail real estate and development, and a natural desire to understand specific market characteristics; experience of retail real estate analysis/asset/investment management experience with an emphasis in UK retail.

Entrepreneurial spirit

the role requires the candidate to be entrepreneurial with many of the activities involved, such as negotiations and lease analysis, requiring that risks be analysed and forecasts made.

Strong analytical skills.

Interpersonal skills required for establishing and building and maintaining relationship with relevant parties (management, investors, property managers, tenants, etc.).

Strong organizational skills to effectively coordinate and manage multiple assignments, as well as prioritize tasks and efforts.

How to ApplyIf you are attracted by the opportunity to grow your career please send an email with a cover letter and you resume to: