Commercial Asset Manager

Vox Network Consultants • Other • London, Hackney, United Kingdom • 1d ago

Role Purpose

To take full responsibility for managing part of a diverse commercial property portfolio and to undertake a range of associated professional work, including inspections, valuations, lettings, rent reviews, lease renewals, options appraisals and dispute management.
To review and monitor property accounts, with a view to maximising rental income, taking corrective action in respect of voids/debtors as necessary.

Responsibilities

Undertake or act as informed client on rent reviews; manage dispute resolution processes including third party applications for arbitration or expert determination.
Undertake or act as informed client on lease renewals; instructing solicitors for service of appropriate notices; overseeing dispute resolution and court application processes.
Market and let vacant units, including negotiation of terms and assessment of the suitability of prospective tenants including but not limited to proposed use and reflecting covenant strength e.g. assessment of financial accounts and trading history.
Work closely with the Income and Debt Officer to minimise rent arrears and to ensure that the appropriate adjustments are made to rent accounts and other records as well as initiating debt recovery via Court Proceedings and Enforcement Agents, and recovering possession via forfeiture.
Work closely with the Estates Technicians to ensure that void properties are managed effectively and in line with Health & Safety, Security and Insurance requirements.
Work closely with officers from Technical Services and with external contractors, to ensure that the commercial properties are well maintained, ordering routine repairs and maintenance, and acting as client in respect of planned capital and maintenance works.
Manage multi-let assets and / or procure and oversee external managing agents in the management of multi-let properties.
Deal with a wide range of landlord and tenant issues including applications for licence to assign, sublet, deeds of variation, application for change of use and deal with breaches of covenant
On occasions assist at Council and other public meetings
Dealing with complex disputes including those that go to court

Requirements

Nationally recognised relevant degree or equivalent
Member of the RICS on Valuation or Commercial Property pathways, or currently working towards qualification.
Undertaking valuations in line with the RICS Valuation Global Standards
Working in large public organisations
Managing complex and contentious matters and implementing imaginative solutions.
Preparation and effective control of budgets.
Preparation and presentation of reports to senior management and Elected Members
Track record of negotiating and working well with professional consultants and external contractor

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