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Commercial Leasing Manager

RE-Search London

Greater London

On-site

GBP 40,000 - 80,000

8 days ago

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Job summary

An established industry player in commercial real estate is seeking a Leasing Manager to oversee leasing processes for a diverse portfolio of properties. This role is pivotal in sourcing new tenants, managing relationships, and negotiating leases to achieve revenue targets. The ideal candidate will have a strong background in leasing, excellent negotiation skills, and a deep understanding of the West End London property market. Join a dynamic team where your expertise will directly influence the success of the organization and contribute to its growth in a competitive market.

Qualifications

  • Minimum 4 years of agency/leasing experience required.
  • Solid knowledge of L&T act legislation and property legislation.

Responsibilities

  • Oversee leasing processes and maximize occupancy rates.
  • Build and maintain strong relationships with tenants.

Skills

Leasing Experience

Negotiation Skills

Market Analysis

Tenant Relationship Management

Education

Real Estate Management Certification

Bachelor's Degree in Business or Related Field

Job description

Position: Leasing Manager - Commercial Office

Location: London, UK (5 days in the office)

My client owns an eclectic mix of heritage and modern commercial properties, attracting and retaining businesses from a diverse range of industry sectors. As the Leasing Manager, you will be responsible for overseeing the leasing process for commercial properties within their portfolio. This includes sourcing new requirements via agents, brokers, and end users, managing tenant relationships, negotiating leases, and maximizing occupancy rates to achieve revenue targets.

Responsibilities:

  • Act as the primary point of contact for existing tenants, addressing their queries, concerns, and requests in a timely and professional manner.
  • Build and maintain strong relationships with tenants to ensure high levels of tenant satisfaction and retention.
  • Conduct regular site visits and inspections to assess property conditions and address any maintenance or operational issues.

Leasing Activities:

  • Develop and implement leasing strategies to attract new tenants and maximize occupancy rates.
  • Identify and pursue potential tenants through proactive marketing and networking efforts.
  • Negotiate lease terms, including rental rates, lease duration, and tenant improvements.
  • Prepare lease agreements and other relevant documentation, ensuring compliance with legal and regulatory requirements.
  • Coordinate lease signings and move-in/move-out processes in collaboration with internal teams and external stakeholders.

Market Analysis:

  • Conduct market research and analysis to identify trends, competitor activity, and opportunities for portfolio optimization.
  • Stay informed about local market conditions, economic indicators, and industry developments to inform leasing strategies and decision-making.
  • Monitor and track leasing performance against targets, preparing regular reports and updates for senior management.
  • Assist in budgeting and forecasting leasing revenues and expenses, providing input and recommendations as needed.
  • Collaborate with internal teams, including property management, marketing, and finance, to ensure coordinated and effective leasing operations.
  • Liaise with external stakeholders, such as brokers, legal advisors, and prospective tenants, to facilitate leasing transactions and resolve issues as needed.

Requirements:

  • You will have a minimum of 4 years agency/leasing experience gained either in private practice or client side.
  • Solid knowledge of L&T act legislation and current property legislation.
  • You will have extensive knowledge of the West End London property market, covering all use class orders with a strong emphasis on Class E uses.
  • Ability to negotiate lease terms, re-gears.

Seniority level: Mid-Senior level

Employment type: Full-time

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