SKILLS, KNOWLEDGE AND EXPERIENCE Skills and Knowledge Essential • Strong written and verbal communication and pres - entation skills • Ability to read, understand and critically analyse all real estate legal documents such as leases, develop- ment agreements and sale and purchase contracts • Problem solving and decision-making capability • The ability to collaborate with others to generate investment ideas, refine processes, and share con - structive feedback • High levels of integrity and trustworthiness • Effective IT skills required, specifically real estate fi - nancial modelling, cashflow analysis and valuation systems Desirable • Experience negotiating legal agreements such as leases, sale and purchase and development con- tracts. • Other corporate knowledge – health and safety, ICT systems, information management and data protec - tion. Experience Essential • Minimum 5 years PQE real estate experience (in - vestment management, acquisition, disposal, leas - ing, rent reviews, valuation etc) • Keen interest in, and understanding of, investment markets, long-term investment and commitment to responsible investment and sustainability • Ability to satisfy fitness and propriety test as a Cer - tified Person under the Senior Manager & Certifica - tion Regime (SM&CR) and to continue to satisfy test requirements and comply with FCA Conduct Rules Desirable • Interest in different investment strategies, particu - larly value investment concepts • Open-minded approach to investment strategy • Inquisitive mindset, willing to challenge convention - al views Qualifications
THE ROLE PORTFOLIO MANAGER - REAL ESTATE Purpose of the role:
Supporting the Head of Real Estate Investment Management with investing and manag - ing the UK Real Estate funds including transition of exiting holdings into the Main Fund. Key Accountabilities: • Responsibility for the analysis and strategic management of fund assets ensuring that income and income growth is maximised through effective asset management within appropriate risk parameters, given the investment objective of the Fund and the long- term risk indicators and guidelines. • Maintain market knowledge of both occupational and investment trends through an established network of contacts. • Maintain market awareness of the best specialists for assets under management such as investment advisors, brokers, valuers, rent review surveyors, leasing agents, legal and planning consultants. Keeping abreast of appropriate fee rates. • Selecting and appointing appropriate specialists for asset management initiatives, en - suring that fee rates are at least in line with market rates. • Create and maintain and oversee preparation of an annual business plan for each as - set under management in accordance with the template, to be developed. • At least annually, but as required for asset review, calculate an appropriate cashflow for each asset assessing the net operating income and likely projected capital expend - iture requirements. Use the cashflow and appropriate discount rate to establish an appropriate fundamental long-term value for each asset. • Supporting and working alongside appointed investment advisors, Transaction Man - ager and external brokers to execute identified asset acquisitions and disposals. • Use market contacts to identify appropriate investment opportunities for team re - view. • Support the Transaction Specialist with detailed financial modelling for asset under - writing and due diligence as required. • Provide, in liaison with appointed investment advisors and managing agents, the Standing Independent Valuer with appropriate asset information and market evi - dence as necessary to ensure accurate and timely asset valuations. • Preparing necessary investment committee papers supporting investments. • Supporting the Research Manager in developing research based on market experi - ence. Passing on and commenting on external research received. • Ongoing monitoring of portfolio risk, preparing reports for the appropriate invest - ment committee as necessary. • Working with the Operations team to produce appropriate client reporting, covering inter alia returns, risk and ESG factors • Prepare required presentational material for regular and ad hoc Partner Fund meet - ings • Active participation in investment team meetings • Identify risks in own area of responsibility, recognise risks in all areas of the business and notify any such risks to your People Manager and the Business Assurance Man - ager
• Educated to degree level • Professional Qualification (RICS/CFA/IMC)
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