Property Asset Manager

  • Job Reference: 821162101
  • Date Posted: 22 June 2022
  • Recruiter: Royal London
  • Location: London
  • Salary: On Application
  • Sector: Real Estate & Property, Business Management
  • Job Type: Full Time Flex, Part Time Flex, Super Flex
  • Duration: Happy to talk flexible working
  • Work Hours: Full Time

Job Description

Royal London is the largest mutual life insurance, pensions and investment company in the UK.  Since its foundation 160 years ago, Royal London has supported millions of people to protect and provide for themselves and their families.


Our culture is welcoming, friendly, flexible and we aim to make you always feel included. We welcome applications from individuals who have taken an extended career break or those who are transitioning from different sectors.


To support this, we are always open to discussing flexible working arrangements and as we transition to hybrid working we will discuss working patterns or locations that ensure you have the freedom to be your best. It’s what makes Royal London a great place to work.


We believe that being together some of the time will help our colleagues to feel truly connected to our Spirit of Royal London culture. Many of us value the passing conversations, social interactions and building relationships that comes from being together in the office.


Royal London Asset Management (RLAM) was established in 1988 and is a wholly owned and central part of the Royal London Group. Since our inception we have built a reputation as an innovative, high performing fund manager. Our track record and exceptional client service have been recognised with a number of awards. We are proud of the people we employ, the performance we have delivered and the wide-ranging group of clients we manage. 


We currently have an exciting opportunity to bring onboard an Asset Manager for our Industrial team. This opportunity will be on a permanent contract and based in our London office.


Role purpose

You will effectively manage the Office investment properties to ensure outperformance of the relevant benchmark.  You will work with the wider team in assisting with acquisitions, disposals, developments, tenant liaison, asset management and project specific work.


This is an exceptional opportunity to join a growing department and team within Royal London Asset Management.  RLAM manages approximately £164 billion across all sectors. RLAM property accounts for £10 billion of this.


This is a fantastic opportunity to join a vibrant team with a friendly and supportive ethos, at a time that there is significant growth and positive change.


 Key responsibilities

  • Prepare and review Asset Business Plans and execute the agreed action points
  • Lease Events:  Identify and oversee lease re-gears, whilst ensuring all rent reviews, lease expiries and break options are actioned, pursued and documented
  • Overseeing and liaising regularly with external Property Managers to ensure that the asset is properly maintained, managed and compliant with statutory regulations
  • In conjunction with the Head of Sector and senior members of the team implement the agreed asset management strategy for the Funds
  • Managing sales and purchases


 Essential Criteria

  • Maintain an in-depth knowledge of the relevant specialist property sectors (in terms of locations, occupiers, properties and agents) to secure opportunities in terms of new, letting and active management opportunities)
  • Developed a good working knowledge of legal/economic framework
  • Chartered Senior Surveyor/Associate Director with experience working within a Valuation, Property Management and/or Leasing/L&T team


Desirable Criteria

  • MRICS/FRICS preferred but not essential


What we offer

  • We've always been proud to reward employees by offering a number of benefits such as Pensions and Protection, Performance and role-related benefits, Lifestyle and Wellbeing 
  • Our culture comes from within, or to put it another way, it comes from our people. It’s what makes Royal London a great place to work.
  • Our People Promise is something we live up to every day. We know we can rely on you, and you can expect plenty from us in return.
  • Glassdoor ranked us among the best places to work in the UK in 2021


We are an equal opportunities employer. We work hard to attract the best talent for our award-winning team. We believe that embracing difference makes us stronger. Our diverse people bring us different skills – whatever their educational background, disability, gender, age, sexual orientation, race, religion or belief.


In fact, the first pillar of our People Promise is designed to make sure you 'work somewhere inclusive'. We want to live up to this promise; it’s good for our people and good for our customers too, because our workforce should reflect our communities.