Our client is a private equity real estate fund manager based in London/UK. Founded in 2010 and backed by institutional investors in the US, UK and Europe, their investments primarily consist of commercial office assets in London, UK regional cities and Belgium as well as of private rented residential assets in greater regional UK city areas. Responsible for the full lifecycle of their investments, including among others asset management and leasing, the company is looking to expand their investments in Europe more broadly and thus is in need of an
Asset Manager (f/m/d) Germany
The role will initially be focused on the office sector in Germany, with a specific emphasis on the implementation of a flexible office product across the portfolio. The purpose is to onboard new assets in Germany, to work closely with the local design and development management teams to finalise refurbishments, issue tender packages to the market and in the long run oversee the launch of the first refurbished assets.
It is planned to have the new employee working remotely while reporting to the asset management director, that is why the home base is rather incidental and could either be in Cologne/Dusseldorf or Frankfurt (Main). The flexibility to travel 3-4 days per week within Germany and travel to the UK up to 1-2 days twice per month is essential.
- Working closely with the team in London and the business’ operational platforms to relay information and monitor business plan performance.
- Taking ownership of business plan implementation across the European portfolio, and linking in with the team, processes and reporting based in London.
- Work up and implement a range of capital expenditure projects that are tailored to specific buildings and regions
- Run external property management functions. Amongst other things this will include co-ordinating with appointed managing agents to ensure the portfolio is being efficiently run on the ground, making sure the buildings are maintained to the required standard, the service charge/CAM budget is structured efficiently, rent collection/arrears positions are being managed appropriately, and any other relevant KPIs are being adhered to
A minimum of 10 years post qualification experience in a diverse asset management role and the according appropriate certification in Germany (Immobilienfachwirt/ MBA Real Estate Management) is required. Additional technical training will be appreciated but is not obligatory. Furthermore, the new employee should be experienced in executing multifaceted and complex asset specific strategies by deploying a broad range of asset management skills relating to the ongoing running of operational and leased assets including all relevant landlord / owner and tenant legal issues such as handling lease events and disputes. A strong knowledge of return metrics and their compilation is also required.
An open environment where new ideas are welcomed and not limited by hierarchy awaits as well as an adequate package for the role.
If you are interested, please send your application to Natascha Metzenthin firstname.lastname@example.org under reference no. 5054.
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