Business Space Asset Manager
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About the Role
Join an industry-leading, privately-owned commercial real estate company as an Asset Manager responsible for a portfolio of Business Space assets. In this pivotal role, you’ll drive asset value and cash flow by overseeing the property management process, identifying opportunities for revenue growth, and ensuring successful execution of asset enhancement initiatives. You’ll work alongside an established team and lead on initiatives such as tenant negotiations, refurbishment projects, and meeting ESG targets.
This is a challenging role that offers full ownership of your portfolio, requiring you to make key decisions and manage a variety of internal and external stakeholders, with the support of an in-house property management team.
About Praxis:
Praxis is a well-established privately-owned investor and manager of UK real estate with a peerless track record of exceptional investment performance rooted in astute market timing and best-in-class asset management.
Key Responsibilities:
- Improve Net Operating Income (NOI) through leasing, rent reviews, and new revenue streams.
- Reduce void costs across your portfolio and reconfigure space to meet tenant demand.
- Market vacant spaces, negotiate terms, and maximise income opportunities.
- Lead refurbishment and reconfiguration projects in collaboration with external consultants.
- Ensure adherence to ESG metrics and report on business plan progress.
- Oversee routine maintenance, repairs, inspections, and service charge budgets.
- Support investment teams with due diligence on potential new acquisitions.
Requirements:
- Relevant Asset Management experience, ideally with a strong foundation in Property Management (Business Space/Office Asset focus).
- Ideally RICS Qualified.
What We’re Looking For:
- Initiative, creativity, and the ability to think strategically about repurposing real estate assets.
- Strong interpersonal skills, capable of managing and influencing teams.
- Confidence in decision-making and handling pressure effectively.
- A detail-oriented, positive approach with a commitment to high-performance standards.
Location: On-site/In Office | Full-Time, 5 Days Per Week
You'll be based at our Knightsbridge offices on Brompton Road, with regular visits to our assets across the UK as needed.
Salary & Benefits:
- Highly competitive salary DOE
- Discretionary bonus scheme
- 25 days holiday per year plus bank holidays
- Office closure over festive season
- Additional holiday with service
- Private Medical Insurance (medical history disregarded)
- Healthcare Cash Plan
- 5% Company pension contribution
- 3x Life Assurance
- Cycle to work scheme (on-site shower room facilities & bike parking in majority of head offices)
- Employee Assistance Programme
- Group income protection scheme
- Daily healthy fruit & snacks
- Comprehensive business expense policy (including lunches when travelling away from base location)