Senior Asset Manager – Managed Property Fund recruitment
The Managed Fund is a pooled pensions fund which has experienced significant growth in recent years whilst maintaining an enviable track record of outperformance over rolling 3 and 5 year periods.
In excess of £1.4bn, the Fund invests in both direct and indirect assets and has the ability to trade in property derivatives. Offering investors a low/medium risk profile, the Fund is core/core plus in its style and seeks outperformance through superior stock selection and a rigorous implementation of asset management initiatives to enhance value.
The successful candidate will be instrumental in driving performance in one of Legal General’s flagship funds and will have plenty of scope for career development in a challenging and rewarding role.
Key Accountabilities
• Maximise performance from the business space sub-portfolio
• Identify and execute value add opportunities across business space assets
• Manage third parties on rent reviews, lease renewals and void re-lettings to maximise income
• Research, model and carry out due diligence in the purchase and disposal of assets
• Liaise with the Fund’s valuers, managing agents and solicitors
• Assist in the preparation of the Annual Fund Strategy
• Assist in the Fund reporting both internally and externally
• Develop and maintain good contacts with key advisors, landlords and tenants
Skills / Experience
• Excellent academic background, with a numerical aptitude, strong A levels and a degree (which may be non-cognate), or equivalent
• MRICS
• Significant post-qualified experience. Whilst not necessarily coming from an asset management role, it is anticipated that the successful candidate will demonstrate a strong awareness of this function, together with a solid investment acumen and an energetic approach
• Experience of the office and / or industrial sectors
• An innovative approach to identifying and implementing ways to release value from existing assets
• IT literate with a good working knowledge of Argus/Circle Investor and Excel
• Highly organised with the ability to prioritise effectively
• A team player and a good communicator