Cobalt Recruitment
Retail Asset Manager
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Retail Asset Manager – Shopping Centres & Designer Outlets
Location: London, West End
Salary: Competitive + Bonus + Benefits
About the Opportunity:
An established international real estate investment and asset management property company is seeking a Retail Asset Manager. The business manages a substantial portfolio of shopping centres, retail parks, and designer outlet assets across the UK and Continental Europe, with a strong track record of creating value through active asset management and strategic investment.
This is an excellent opportunity to join a highly entrepreneurial organisation where asset managers work closely with investment, leasing, development, and data teams to deliver business plans across high-profile retail destinations.
The Role:
Reporting into the Head of Retail Asset Management, you will take responsibility for a portfolio of shopping centre and outlet assets, driving income growth, enhancing asset value, and delivering long-term business plans.
Key responsibilities include:
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- Developing and implementing asset management strategies for retail and outlet assets.
- Preparing and executing annual business plans, budgets, and capital expenditure programmes.
- Driving NOI growth through leasing initiatives, rent reviews, lease renewals, and repositioning strategies.
- Working closely with leasing teams to optimise tenant mix and customer experience.
- Managing external managing agents, consultants, and professional advisers.
- Overseeing service charge budgets, operational performance, and ESG initiatives.
- Identifying value-add opportunities including refurbishments, repurposing, and development projects.
- Preparing investment committee papers, financial analysis, and regular asset performance reporting.
- Building strong relationships with occupiers, investors, and joint venture partners.
- Supporting acquisitions, disposals, and refinancing activities where required.
Candidate Profile:
The successful candidate is likely to have:
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- MRICS qualification (preferred but not essential).
- Established existing experience in retail asset management.
- Direct experience managing shopping centres, retail parks, or designer outlet schemes.
- Strong understanding of leasing, landlord & tenant matters, and commercial property fundamentals.
- Excellent financial modelling and business planning skills.
- Experience working with institutional investors, private equity, or leading property companies.
- Strong stakeholder management and negotiation skills.
- Commercially minded with a proactive, entrepreneurial approach.
What's on Offer:
- Opportunity to manage high-profile retail and outlet assets across the UK and Europe.
- Exposure to acquisitions, development, and value-add strategies.
- Collaborative, entrepreneurial culture with a flat management structure.
- Competitive salary, annual bonus, and comprehensive benefits package.
- Excellent long-term career progression within a growing international real estate platform.
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