Martins Properties - Project Manager

Martins Properties

Project Manager Candidate Information Pack





Mission Statement and Values

4 5 6 7


Board Organogram Team Organogram

Meet the team Role Summary

8 – 13

14 – 15

Required Skills

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About Martins

Martin's Properties are a family owned, active, dynamic and ambitious property company with a prestigious property portfolio worth up to £352 million across Fulham, Chelsea and Kensington. Their assets include a mix of commercial, retail, residential, office, leisure and mixed use properties. Martins are looking to grow the business over the next 7 years towards £1bn of net assets and are aiming to diversify geographically and sectorally. The focus going forward will be on London fringes and M25 towns in the office, retail, industrial, PRS and hotel sectors. The balance weighting of the portfolio will be 50% core income, 30% asset management and 20% development. The company has very low gearing at 18% and acquisitions and developments are funded through internal cash resources. The company has been established over 70 years and its values remain at the heart of the business. The family shareholders delegate the management of the business to an independently chaired Board. The Executive Board compromises of Tom Martin (CEO), Paul Nicholson (FD) and Richard Bourne (Property Director).

Martin’s Properties is a customer and community facing business with a focus on creating and managing sustainable, well-designed buildings that enhance the local environment and deliver exceptional customer service.

Mission statement and Values

We are One Tea

mWe value

our customers We are open and honest in our communication We trust and respect individuals

It is our mission to be a dynamic, proactive, customer focussed real estate business that is commercially strong and true to its values. We are a business which is visionary, ethical and performs in ways that are sustainable and profitable for the benefit of our customers, our staff, shareholders and the communities in which we operate. Martins Properties has a set of values which we are all expected to uphold during our working day. These values are a great way of making sure we are all clear about what is important to us and how we should behave towards our customers, clients, visitors and each other.

We act with integrity

We make a positive impact on our community and the environment

We operate to the highest professional standards

We develop the skills and capabilities of our team

We are individually and collectively accountable to our Mission Statement and Vision


By March 2024, we will be an active, dynamic and fully diversified property company in terms of geography, sector and lot size that distributes a minimum dividend of 1% of Net Asset Values (NAV) annually to Martins Family Holdings (MFH) and showing sustainable Earnings per share (EPS) growth year on year. ž Our portfolio will have a balanced risk/return mix with core income, active asset management and development assets delivering a 5%+ blended income yield and strong capital growth.žž The business will seek to achieve the higher income return and deliver the Vision through:ž – Acquiring assets in a wider geography to deliver higher returns and diversify riskž – Ensuring individual assets do not exceed 8% of the capital value of the portfolio to diversify riskž – Acquiring a wider mix of sectors to diversify risk and achieve higher returnsž – Achieving a risk/return mix with 50% in secure income, 30% in value-add and 20% in development



Proposed (By March 2024)



£550m (+52.4%)



£22.0m (+101.8%)

Portfolio Income Yield


4.00% (+98bps)

Investment Income Yield


5.00% (+130bps)

Profits after tax


£10.0m (+250%)


£1.25m (0.4% of NAV)

£4.13m (1.0% of NAV)




Board Organogram





CHAIRMAN Neil Sachdev








Richard Bourne

Team Organogram


Executive Assistant Abbie Walsh

Managing Director Tom Martin

Finance Director/COO Paul Nicholson

Property Director Richard Bourne

Personal Assistant Kim Stanton

Interim Financial Controller Alex Sini

Commercial Asset Manager TBC Residential Asset Manager Armanda Keith Project Manager TBC Small Works Project Manager Chris Darke

HR Manager Andrea Lewis

Office Admin Manager Thomas Rogers Front of House/Team Assistant/ H&S Administrator Felicity Williams

Cost Accountant

Purchase Ledger Kirti Varsani

Facilities Manager Debbie George

Property Accounts Administrator Emma Osborne

Caretaker/Engineer Eri Deda

Property Analyst Celia Harrison

Meet the team

Tom Martin – Managing Director Tom is Managing Director and a shareholder of Martins Properties and a third generation family member. Tom trained as a Surveyor. Through his career he has worked both in advisory and principle roles, and has over thirty years of property investment, asset management and development experience. Tom has ultimate responsibility for the company’s performance. He is responsible for all aspects of the business. He reports to the Chairman and shareholders while ensuring the company strategy is followed through. Paul Nicholson – Finance Director Paul has over 20 years of experience in senior finance and management positions in the property sector. Paul joined Martins in 2011. Prior to joining Martin’s Properties he was a CFO and subsequently Managing Director of O&H Properties, a privately owned property investment and development business, helping to grow the business significantly during his tenure. Richard Bourne – Property Director Richard has over fifteen years of property investment, asset management and development experience. Richard joined Martins in April 2017.

Meet the team Andrea Lewis – Cost Accountant and HR Manager Andrea has worked at MPCL since 1997. She is our Cost Accountant and HR Manager. Andrea studied Business and Finance and has over 25 years accounting experience. Since 2009 Andrea has headed the HR department of MPCL and subsequently gained her Associate CIPA membership. Emma Osbourne – Property Accounts Administrator Emma has been working at Martin’s Properties since September 2012 as the Property Accounts Administrator, having previously worked in a similar role for 15 years. Her main responsibilities include credit control, balancing the service charges, arranging the insurance for the portfolio and updating Qube with new tenancies and rent reviews . Kirti Varsani – Purchase Ledger Controller Kirti is Purchase Ledger Controller with 13 years’ experience working with Martin’s Properties (Chelsea) Ltd, prior to that she worked as an Accounts Assistance for Intertek Testing Services .

Meet the team

Armanda Keith – Residential Property Manager Armanda is our Residential Manager, She has worked at Martins Properties since 2009. She was born in South Africa with Portuguese roots. In 2001 she moved to London in search of new challenges and became a British Citizen in 2014. Armanda has over 16 year’s property experience, seven of which have been at Martins. Chris Darke – Small works Project Manager Chris’s experience comes from both an architectural and film and television industry background, in both project management and property management roles. Debbie George – Facilities Manager Debbie joined Martins Properties in July 2017 as our Facilities Manager, bringing almost 20 years of operational and customer service experience in the commercial property industry. Her key responsibilities include providing good customer service, ensuring compliance with current legislation and maintaining our residential and commercial properties to the highest standard..

Meet the team

Celia Harrison – Property Analyst Celia joined Martins Properties in July 2017 as the Property Analyst. She has considerable experience appraising property throughout the UK and providing multi-sector portfolio analysis. Kim Stanton – PA to Property Director Kim joined Martins Properties as PA to the Property Director in April 2017 with a background in Property and Executive Search. Abbie Walsh – EA to Managing Director and Finance Director Abbie joined Martins Properties in September 2017 as Executive Assistant. She is currently supporting the Managing Director and Finance Director. Having been an Executive Assistant for the past 3.5 years, she has experience branching from Property and Telecommunications.

Meet the team

Thomas Roger – Office Manager Tom joined Martins Properties in August 2017 as Office Manager for the company. Tom has a background in renewable energy investment but joined Martins Properties to expand his experience in the property market.. Felicity Williams – Front of House/Team Assistant Felicity joined Martins Properties in August 2017, her main responsibility is as our front of house, office admin and working closely with our health and safety advisors monitoring projects as well as the office environment. Eri Deda – PPM Engineer Eri has been with Martin’s Properties since 2007. During these 10 years he has gained a lot of experience. Eri has the role of Planned Preventative Maintenance engineer doing health and safety checks, PPM tasks and reactive maintenance jobs .

Meet the team

Alex Sini – Financial Controller Alex joined Martins Properties in August 2017 as Financial Controller. She is a qualified accountant (ACCA) since 2005. Her key responsibilities at Martins are Statutory Accounts, Audit, Management Accounts, Budgeting and Cash flow forecasting

Asset Manager – TBC

Project Manager – TBC

Role Summary – Project Manager

“This is a very important role in the business. The strategy is to have 20% of the portfolio in development activity at any one time (currently 13%). We will be looking to have a GDV of circa £70m up to £200m in development at any time which equates to construction value of circa £20m to £70m, mainly in the £5-10m construction value range.”

Key Responsibilities

• Obtaining a full brief from the Development Manager or Asset Manager • Tendering contracts in accordance with the preferred procurement route • Entering into build contracts and securing appointments, guarantees and warranties • Managing external design and project teams • Advising on cost and programme implications of design, specification & programme changes • Managing and monitoring build costs, professional fees etc., cash flows and programme to ensure that all projects are delivered on budget and on time • Attending monthly project meetings and fortnightly design meetings as required • Managing the remedying of any defects and the resolution of any claims/disputes • Managing the release of and recover where appropriate retention monies • Ensuring the Company (including its subsidiaries and JV companies) complies with all relevant CDM and Health & Safety legislation and submits monthly reports to the Board • Ensuring the Company complies with all current and future proposed legislation and submit monthly reports to the Board • Reviewing and updating as necessary standard documentation (including contract, guarantees, appointments and warranties) and ensure they are used • Review all EPC ratings in the portfolio and ensure compliance before legislation changes and overlay against sales/acquisition program and produce management plan to improve from F+G rating • Establish and maintain a library of O&M Manuals, as built drawings, surveys, risk assessments etc. • Advising Asset Managers and Facilities Managers on the need for Building Regs Approval before they place contracts and submit monthly reports to the Board • Completing Acquisition Analysis Forms and Risk Registers before contracts are exchanged/placed • Maintain and update the Risk Registers throughout the life of the project • Providing advice and assistance to Development and Asset Managers in the event of a dispute • Regularly reviewing property insurance with the Finance Team, ensure all properties and sites are adequately insured and insurers are notified of any changes and submit monthly reports to the Board • Maintaining adequate records and ensure all data bases, filing, documentation etc is fully up to date and readily accessible and understood by relevant parties.

Required Skills & Qualifications

Asset Manager: •

RICS qualified

Problem-solving and analytical skills

• • •

Time-management skills

Budgeting skills

• Excellent interpersonal and communication skills • Customer focussed • Good organisational and planning skills • Team player Project Manager: • A dynamic, enthusiastic and experienced individual to join the team and deliver the exciting growth plan • Ideally someone with previous contractor experience but also experience at project management within a property company • They will oversee all of the construction process within the organization, ensuring that all sites comply with our process and procurement method and work with the framework design team • They will effectively act as the internal client representative but will need to have experience, flair and talent to overcome issues on site and ensure projects are delivered on time and on budget • A focus on enhancing value, quality and consistency as well as cost control • Relevant experience in complicated London refurbishments and developments • Heritage and listed building experience preferred • RICS/AIOB qualified


For a confidential and informal discussion please contact our appointed recruitment partners at The Management Recruitment Group:

Piers Edgar E:

T: 0207 959 2368 M: 07792 222 621

Miles Smith E:

T: 0207 959 2368 M: 07779 412 380

Matthew Evans E:

T: 0207 959 2368 M: 07854 865 017

The Management Recruitment Group 68 King William Street London EC4N 7DZ

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