Asset Manager

Company:  Mileway Limited
Location: Paris
Closing Date: 08/08/2024
Salary: £60 - £80 Per Annum
Type: Temporary
Job Requirements / Description
Requisition ID 2046 - Posted - Asset Management FR - Paris - 3-5 We offer an opportunity you simply won’t find anywhere else. In less than five years, Mileway has grown into Europe’s leader in last mile logistics real estate, with a 450-plus team across more than twenty-six offices in eleven countries. We’re looking for experienced, high calibre Asset Managers to join us on our new adventure in Paris. You’ll be part of a young, dynamic team, working alongside colleagues from all over the world and collaborating closely with our offices in Lyon and in Amsterdam. You’ll report directly to the Senior Asset Manager, as we build on our 1.6 million square meter French portfolio and consolidate our position as the market leader in last mile real estate.This is a brand-new role, starting from the ground up, so there’s an exceptional opportunity to build and shape your own position. You’ll be responsible for asset management strategy, lease and property management. You’ll drive the management of our asset portfolio while making great connections and building our local and national relationships. The right candidate is a team player with 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 MilewayMileway set out to be a different kind of real estate company from the beginning, like our cloud-based IT infrastructure and our team’s ability to flex across borders, combining the best of local knowledge with the pooled expertise of a pan-European business.While we have already achieved a lot – our international, “can do” team, is only just getting started – we want to reshape our industry for the better. At Mileway, we believe company growth comes from supporting the growth of our combined capabilities. This is why we have our own inhouse learning & development program where personal, professional and business development go hand in hand - supporting you in your own bespoke career development. While your base will be the Paris office, we will give you flexibility to work some of the week from home. We’ll also equip you with a state-of-the-art technology package that helps you keep in touch, wherever you are. What you’ll do• Implement a sustainable asset management strategy for existing and future assets driven by effective lease management• Challenge and put forward a recommendation for the annual budget for each asset• Evaluate property and review financial projections• Underwrite all asset management reports• Approve commercial terms of leases. Be responsible for converting these commercial terms into contractual leases• Design and drive CAPEX plan for each asset• Track the risk criteria for each asset, spot red flags and inform the management team of any warning signals• Deliver insights through market intelligence• 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• Integrate remodelling, redevelopments and extensions into the business plan. • Build and maintain warm and productive direct relationships with occupiers• Build a great network of regional and national consultants and colleagues• Select and manage outsourced expertiseWhat you’ll bring• Your standout track record, 3-5 years’ experience. Experience in logistics and light industrial is particularly relevant, but you can also bring what you’ve learned from working with retail or other asset classes. You can demonstrate how and where you’ve added value.• An in-depth knowledge of the last mile real estate realm. You’ll understand the market and tenants and be able to spot and act on opportunities• Your head for numbers. You can validate valuations and forward-looking financial projections• Your communication skills as a French native speaker and fluency in English • Your education in a relevant university degree• Attention to detail. In this role, you’ll be monitoring lease performance, data, delinquencies and collection• Your head for data. You’ll be able to digitize and track new data. You’ll have great analytical, financial and negotiating skills. Our mission is to be the most customer and environment focused last mile real estate company in Europe, creating space for businesses to grow sustainably. To get there, we live our values: Drive, Trust, Grow, Together. #J-18808-Ljbffr
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Mileway Limited
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