PIMCO Prime Real Estate UK Asset Manager at PIMCO

London, England, United Kingdom

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Real Estate, Fixed Income, Investment ManagementIndustries

Requirements

Experienced Real Estate Asset Management professional
Direct experience in property portfolio management (helpful)
Experience working with 50-50 type JVs (helpful)
Based in London

Responsibilities

Work closely with joint venture partners and third party service providers (including property and asset managers, leasing and investment agents etc.) driving their performance, creating optimal business plans and ensuring investment performance is in-line with the business plan
Handle the communication with external parties (agents, brokers, property managers, vendors, analysts, property surveyors); control and check their work
Monitor properties and performance on a day-to-day basis (target/actual comparisons, independent check of the ongoing weekly result (plan/actual deviations). Execution of any required arrangements for explanation of the deviations and presentation of the deviations in the relevant meetings
Take a leading role in the creation of the annual business planning for the responsible property and properties and (in case of collaboration with external asset managers and/or in joint ventures) align on the (joint venture) business plan
Development of action strategies and options (including repositioning) taking account of market and life cycle and investor-specific investment strategies in agreement with other departments
Focus on investor requirements across all key established KPIs including financial returns, operational excellence, sustainability and smart requirements
Work closely with investment team in order to ensure good practices and latest knowledge are included in a “Buy Manage Sell” process; prepare hold/sell analysis papers, refinancing and other relevant documents for the Investment Committee
Prepare quarterly investment updates and answering to investor ad hoc requirements
Become an expert in internal systems and schedules in order to deliver product on time and as per local or investment requirements
Parameter planning: Take up market perspective for incentives, market rents and prolongations
Assurance of the optimal product design for the requirements of the target customers
Preparation and support for property sales and/or other events in an asset life cycle
Interact with partners, analyze the financial performance of UK property portfolios, create and implement business plans for existing investments, prepare and present strategic recommendations for Investment Committees
Look after UK asset management activities across all asset classes; build constructive relationships with partners and support the European team with UK know-how
Work closely with country head to expand UK presence and footprint
Involved in all varying stages of the investment cycle