Asset Manager

Requisition ID ##### - Posted - Asset Management UK - Birmingham - 5+ We offer an opportunity you simply won’t find anywhere else. In less than four years, Mileway has grown into Europe’s leader in last mile logistics real estate, with a 450-plus team across more than twenty offices in ten countries.We’re looking for an experienced, high-calibre Asset Manager to join our team in Birmingham. You’ll be part of a young, dynamic team. You’ll report to our Regional Director Midlands, as we build and consolidate our position as the market leader in last mile real estate. As Asset Manager, you’ll join an existing team of Asset Managers who together will cover a diverse portfolio in the Midlands. You’ll be responsible for asset management strategy and lease and property management. You’ll drive the management of our premium asset portfolio while making great connections and building our local and national relationships. This portfolio comes with a huge potential to add value, and there is plenty of development potential for a candidate who has the right mix of creativity, determination, and the flexibility to work in a start-up-style leadership environment. The right candidate has not only the drive and discipline to handle the day to day, but the ambition to grow with us as we develop an unparalleled opportunity as the principal player in last mile real estate. Working at Mileway We offer an opportunity you simply won’t find anywhere else. Only launched in#####9, Mileway has grown into Europe’s leader in last mile logistics real estate, with a 450-plus team across more than twenty offices in 11 countries. Mileway set out to be a different kind of real estate company from the beginning, like our cloud-based IT infrastructure and our team’s ability to flex across borders, combining the best of local knowledge with the pooled expertise of a pan-European business. While we have already achieved a lot – our international, “can do” team, is only just getting started – we want to reshape our industry for the better. Our mission is to be the most customer and climate focused last mile real estate company in Europe, creating space for businesses to grow sustainably. To get there, we live our values: Drive, Trust, Grow, Together. At Mileway, we believe company growth comes from supporting the growth of our combined capabilities. This is why we have our own inhouse learning & development programme, where personal, professional and business development go hand in hand - supporting you in your own bespoke career development. While your base will be the Birmingham office, we will give you flexibility to work some of the week from home. We’ll also equip you with a state-of-the-art technology package that helps you keep in touch, wherever you are. What you’ll do Implement a sustainable asset management strategy for existing and future assets driven by effective asset management. You can identify the best way to optimize each asset, creating diversified plans, and look for and exploit opportunities to add value in our portfolio and asset management performance Manage all lettings, renewals, rent reviews, lease surrenders, and associated capital expenditures Initiate, negotiate and/ or approve commercial terms of leases (new leases, rent reviews and lease renewals) Work together with your team-assistant colleague for converting these commercial terms into contractual leases Be in direct contact with occupiers to understand their business requirements and focus on customer engagement Track and assess the risk criteria for each asset, spot red flags and inform the management team of any warning signals that could indicate risk, including health & safety, insurances, payment behaviour/ insolvency, technical maintenance, liquidity, releasing risk Collaborate with the Construction and Project Management team to make sure major capex items and (re)development run to plan Challenge and put forward a recommendation for the annual budgets (lease, capex and opex assumptions) for each asset as part of the overall business plan for the region, including refurbishments, extensions and redevelopment. Integrate remodelling, redevelopments, and extensions into the business plan. You’ll work with the development and finance teams to control and monitor this as part of the business plan Carry out financial analysis and assist with preparing property budgets and reports, and underwrite all asset management reports With your colleagues, build and maintain warm and productive direct relationships with occupiers, and local/ national advisors. Your work will ensure we are top of mind as a preferred business partner Be part of a motivated and effective team, who actively contributes to build positive engagement and drive team performance. Be an ambassador for Mileway’s core values and passion for results. What you’ll bring At least five years’ relevant experience in asset management. You’re used to working in a fast paced, professional environment, you have an excellent track record and can demonstrate how and where you’ve added value You have a genuine interest in real estate and the transformation, growth of this new real estate sector. You’ll get to know the market and tenants and be able to spot and act on opportunities Your great team energy. You’re a hands-on self-starter who works confidently and independently, and you also collaborate well with others Your head for numbers. You’ll be able to digitize and track data. You’ll have great analytical, financial, and negotiating skills Your communication skills as an English native speaker. Our vision is to be the number one gateway to urban communities. To get there, we live our values: Drive, Trust, Grow, Together.
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