Grosvenor owns and manages a 1.3bn prime residential portfolio of around 400 flats and houses located across Mayfair and Belgravia. We are a small team responsible for letting managing refurbishing and maintaining the portfolio with responsibility for our own P&L. We work in a fast-paced agile environment that requires both an autonomous and collegiate approach to our roles. This is a dual role responsible for residential new lettings and renewals/rent reviews across our London Estate short-let portfolio. We anticipate an 80/20 split of your time spent with the majority weighting towards the renewals but flexibility will be required.
This is a particularly exciting time to join the team as the current strategy for the portfolio is to improve the overall quality to ensure it is consistently market-leading and commanding premium rents. Accordingly we have a 50m allocation to upgrade our existing residential rental portfolio and this role is partly required to support the Lettings Manager with the lease-up of the newly refurbished units.
The key responsibility of the Residential Leasing Manager is to own tenant relationships from across the portfolio from move in to move out. You will be budgeting for your portfolio and then negotiating and driving rents at review/lease renewal to meet your budget. You will be processing the associated administration and legal activity as required with the tenancies noting the upcoming changes to legislation with the Renters Rights Act commencing from May as well as supporting any arrears chasing and repairs and maintenance function when required.
This role will work collaboratively across the Residential team and wider London Estate business including Asset Management Project Management Finance and Sustainability.
Key Responsibilities
Management of circa 200 residential properties (Assured Shorthold and Contractual tenancies)
Support Lettings Manager with lease-up of vacant properties
Key Requirements
We know flexibility is important and take a hybrid approach to working please contact us for further details.
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Manager