The Property Manager role involves supporting the delivery of leasing and transaction management activities for a retail property portfolio. This includes preparation of options papers, lease preparation approval forms, and undertaking a range of transactions such as market rent reviews, exercising options, lease renewals, new site selections, divestment of leased sites, and subleasing opportunities.
Key Responsibilities:
* Preparation of Options Papers (Site Searches/Market Sweeps) to support client strategy and decision making
* Prepare Lease preparation Approval Forms at the completion of transaction seeking
* Undertake a range of transactions including: Market Rent Reviews - manage market rent reviews in Lease Agreements with external landlords or its representative Exercising Options – when instructed ensuring that options are exercised to secure tenure Lease Renewals – renegotiate terms on existing leases New Sites and New Site Selections – undertake site search and due diligence activities Divestment of Leased Sites - co-ordination of Landlord/Lease notices and carry out Make-Good negotiations Management of sub leasing opportunities for surplus leased spaces Works alongside the client and other workstreams to support property strategy develop and pre-transaction review to provide market and site specific data and information Management of critical dates and key lease events Provide input into Portfolio-level budgeting Client relationship management – establishment of defined lines of communication and regular meetings with the client counterpart and other key stakeholders Be a Transaction Technology Champion. Assist in developing business processes, playbooks and transaction technology implementation.