Asset Manager

We offer an opportunity you simply won’t find anywhere else. In less than four years, Mileway has grown into Europe’s leader in last mile logistics real estate, with a 550-plus team across more than twenty offices in ten countries.

We’re looking for an experienced, high-caliber Asset Manager to join our team in Dusseldorf. As Asset Manager, you’ll join an existing team of Asset Managers who together will cover a diverse portfolio. You’ll be responsible for asset management strategy and lease management and steering the external property management. You’ll drive the management of our asset portfolio while making great connections and building our local and national relationships. This portfolio comes with a huge potential to add value, and there is plenty of development potential for a candidate who has the right mix of creativity, determination, and the flexibility to work in a start-up-style leadership environment.

The right candidate has not only the drive and discipline to handle the day to day, but the ambition to grow with us as we develop an unparalleled opportunity as the principal player in last mile real estate.

Working at Mileway

We offer an opportunity you simply won’t find anywhere else. Launched in 2019, Mileway has rapidly grown into Europe’s leader in last-mile logistics real estate, with a team of over 550 across more than twenty offices in 11 countries. From the start, Mileway set out to be a different kind of real estate company, with a cloud-based IT infrastructure and a team that combines local expertise with the pooled strengths of a pan-European presence.

Our culture is fast-paced and highly international, with team members from more than 50 countries, bringing diverse perspectives and a “can-do” attitude to everything we do. While we have already achieved a lot, we’re only just getting started – our purpose is to be Europe’s leading provider of last mile logistics real estate, enabling businesses to thrive, driving sustainability forward, and shaping the cities of tomorrow. To get there, we live by our values: Drive, Trust, Grow, Together.

At Mileway, we believe company growth comes from supporting the growth of our combined capabilities. That’s why we offer an in-house learning & development program where personal, professional, and business development go hand in hand, helping you carve out your own unique career path. You’ll be based at our Dusseldorf office. While we embrace a flexible approach to work, our policy requires working from the office three days a week. To support this, we provide a state-of-the-art technology package to keep you connected at all times.

What You’ll Do

• Implement a sustainable asset management strategy for existing and future assets driven by effective asset management. Identify the best way to optimize each asset, creating diversified plans, and look for and exploit opportunities to add value in our portfolio and asset management performance.
• Manage all lettings, renewals, rent reviews, lease surrenders, and associated capital expenditures.
• Initiate, negotiate, and/or approve commercial terms of leases (new leases, rent reviews, and lease renewals).
• Be in direct contact with occupiers to understand their business requirements and focus on customer engagement.
• Track and assess the risk criteria for each asset, spot red flags, and inform the management team of any warning signals that could indicate risk, including health & safety, insurances, payment behaviour/ insolvency, technical maintenance, liquidity, and releasing risk.
• Collaborate with the Construction and Project Management team to ensure major capex items and (re)development run to plan.
• Challenge and put forward a recommendation for the annual budgets (lease, capex, and opex assumptions) for each asset as part of the overall business plan for the region, including refurbishments, extensions, and redevelopment. Integrate remodelling, redevelopments, and extensions into the business plan. Work with the development and finance teams to control and monitor this as part of the business plan.
• Carry out financial analysis and assist with preparing property budgets and reports, and underwrite all asset management reports.
• Build and maintain warm and productive direct relationships with occupiers and local/national advisors. Ensure we are top of mind as a preferred business partner.
• Be part of a motivated and effective team, who actively contributes to build positive engagement and drive team performance. Be an ambassador for Mileway’s core values and passion for results.

What You’ll Bring

• At least five years’ relevant experience in asset management. You’re used to working in a fast-paced, professional environment, you have an excellent track record and can demonstrate how and where you’ve added value.
• Completed (commercial/real estate) university degree or completed training related to the real estate industry.
• Genuine interest in real estate and the transformation, growth of this new real estate sector. You’ll get to know the market and tenants and be able to spot and act on opportunities.
• Negotiation skills, assertiveness, and strong service orientation.
• Great team energy. You’re a hands-on self-starter who works confidently and independently, and you also collaborate well with others.
• Fluency in German and English.
• Strong analytical and financial skills with a head for numbers.
• Independent, solution-oriented way of working. Adherence to budget and deadlines.
• A good network in the real estate market.

Our vision is to be the number one gateway to urban communities. To get there, we live our values: Drive, Trust, Grow, Together.