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Asset Manager

Contract type: Fixed Term

Category: Property & Construction

Location: National

This role is all about turbocharging the property portfolio of a FTSE 100 business with 280 years of history.

While external advisors handle daily tasks, you'll dive in hands-on to maximize value. Your mission? Slash costs, boost income, and skyrocket capital value over the short, medium, and long haul.

As an Asset Manager, you'll be the driving force behind flipping underperforming assets, cranking up profits, and providing property support for top-notch strategic projects.

Role Type: 18month FTC

Location: National

Why you’ll love it here:

  • Company car OR Allowance: £5,650 per annum OR Drive one our fleet of diverse vehicles
  • Bonus: Enjoy an annual Whitbread performance incentive worth up to 30% of base salary
  • Healthcare: For you and your family
  • Discounts: Up to 60% discount on Premier Inn stays and 25% discount on our Restaurant brands

What you’ll do:

  • Manage a property estate with an annual rent roll of approximately £270 million and a rating liability of around £112 million.
  • Actively manage assets ranging from £0.5 million to about £100 million each, optimizing returns for the core business.
  • Maintain a balanced portfolio of freehold and leasehold properties, enhancing returns through acquisitions and lease negotiations, yielding approximately £10 million NPV annually.
  • Understand Whitbread and PI&R operational strategies, aligning property management to support business objectives.

What we need:

  • Property background.
  • Large multi-site corporate/Fund/Surveying Practice
  • Able to demonstrate experience and understanding of the impact of property on business operations particularly on the outcome of projects, people issues and on corporate financial planning.
  • Up to date knowledge of property law.
  • Excellent negotiation skills and ability to close deals.

Be part of our Property Team at Whitbread

New premises, refit, floor plan, they’re all part of the day-to-day life in our property team. Here it’s all about getting everything ready for our guests’ arrival. Getting into the right places, strategically selection locations and ensuring every little detail is considered before our spaces are unveiled to the public. With plans to expand our portfolio of more than 800 hotels in the UK, Germany and the UAE, there are real opportunities to come on the journey with us and help us reach new global destinations. We’re just warming up.

We believe that everyone is unique and there should be no barriers to entry and no limits to ambition. We are committed to being an inclusive organisation that values diversity and welcomes your application whatever your background or situation.

Under-represented groups such as women, ethnic minorities, people with disabilities & members of the LGBTQIA+ community (those who identify as lesbian, gay, bi, trans and non-binary or those who use a different LGBTQIA+ term), are strongly encouraged to build a career with us. Speak to us about workplace adjustments, part-time and flexible working. Where possible we will support this.

Job ref: 829250-2028
Advertised: 21 Mar 2024

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A new kind of hotel for Premier Inn

A new kind of hotel for Premier Inn

The first ZIP will be opening in Cardiff March 2019, with more coming soon. Keep your eyes peeled for a ZIP near you.