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Job Title: Property Manager
Location: London, Westgate
Employment Type: Permanent*
This is a full-time permanent position, based in our London office. We operate on a hybrid working arrangement and require a minimum of 2 days in the office. We welcome all applications from those with the legal right to live and work permanently in the UK, without requiring VISA sponsorship now or in the future.
Overview
Fifty5Blue currently has 60 offices/technical sites with an annual cost of ~€11M. The target is to rationalise the current property footprint and deliver a minimum of €2M in savings by 2029.
Fifty5Blue has commenced a search for a new London Office with occupancy scheduled for 2027.
The Property Manager is responsible for managing the company's property portfolio, workplace facilities, office relocations, and occupancy costs. The role focuses on driving property rationalisation initiatives, delivering significant cost savings, optimising space utilisation, managing office move programmes, and ensuring premises support current and future business requirements. The post holder will balance commercial, operational, and employee needs while maintaining a safe, compliant, and productive workplace environment.
Key Responsibilities
Property Rationalisation & Portfolio Management
- Review and assess the utilisation, performance, and cost-effectiveness of company premises.
- Identify opportunities to consolidate, exit, sublet, or repurpose underutilised office space.
- Develop and implement property rationalisation strategies aligned with business objectives.
- Prepare business cases for lease exits, property closures, consolidations, and acquisitions.
- Lead portfolio reviews and provide recommendations to senior management.
Cost Reduction & Financial Management
- Deliver annual property and facilities cost-saving targets.
- Analyse occupancy, lease, service charge, maintenance, utility, and facilities costs.
- Identify and implement initiatives to reduce operational expenditure.
- Manage facilities and premises budgets and monitor financial performance.
- Track savings delivered and provide regular reporting to leadership teams.
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I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
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Why you're a good match
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You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
Only hits
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Office Moves, Relocations & Workplace Change
- Lead and manage office moves, relocations, consolidations, and closure programmes.
- Develop project plans to ensure business continuity during moves and workplace changes.
- Coordinate with business stakeholders, HR, IT, Procurement, and external suppliers.
- Manage employee communication and change management activities associated with relocations.
- Oversee furniture, equipment, storage, and asset transfers.
- Ensure moves are delivered on time, within budget, and with minimal operational disruption.
Supplier & Contract Management
- Manage relationships with landlords, property agents, maintenance providers, and facilities contractors.
- Lead tendering exercises and contract negotiations to secure best value.
- Monitor supplier performance against service level agreements (SLAs).
- Consolidate suppliers where appropriate to improve efficiency and reduce costs.
Experience Required
- Significant experience in facilities, premises, property, or workplace management.
- Proven track record of delivering measurable cost savings and efficiency improvements.
- Experience managing office relocation, consolidation, and workplace transformation projects.
- Strong contract negotiation and supplier management experience.
- Budget management and financial planning experience.
- IWFM, MRICS, or equivalent professional qualification.
Key Skills & Competencies Required
- Property portfolio management.
- Property rationalisation and footprint optimisation.
- Commercial negotiation and supplier management.
- Cost reduction and benefits realisation.
- Office move and relocation project management.
- Financial analysis and budgeting.
- Stakeholder engagement and change management.
- Strategic planning and business case development.
- Strong communication and influencing skills.
- Data analysis and reporting.
Our Offer
Our specialist expertise, pioneering technology and commitment to innovation provide the ideal environment for career growth.


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When you join us, you’ll gain the benefit of our global reach, advanced technical innovation and deep expertise. We’ll support you with training and career development opportunities. Become part of a community of passionate, dedicated professionals.
Why Join Fifty5Blue?
We pride ourselves on understanding people, and what makes us think and act the way we do.
And because we know people, we like to make sure our own people are being looked after as well. Equality of opportunity for everyone is our highest priority and we support our colleagues to work in a way that supports their health and wellbeing. While we encourage teams to spend part of their working week in the office, we understand no one size fits all; our approach is flexible to ensure everybody feels included, accepted, and that we can win together. We’re dedicated to creating an inclusive culture and value the diversity of our people, clients, suppliers and communities, and we encourage applications from all backgrounds and sections of society. Even if you feel like you’re not an exact match, we’d love to receive your application and talk to you about this job or others at Fifty5Blue.
Privacy and Legal Statement
PRIVACY DISCLOSURE: Please note that by applying to this opportunity you consent to the personal data you provide to us to be processed and retained by Fifty5Blue. Your details will be kept on our Internal ATS (Applicant Tracking System) for as long as is necessary for the purposes of recruitment, which may include your details being shared with the hiring manager(s) and for consideration for potential future opportunities at Fifty5Blue. For full details of our privacy policy please visit https://www.fifty5blue.com/privacy-policies/fifty5blue-privacy-notice-for-candidates
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