A Commercial Property Manager is responsible for overseeing and directing operations at properties including office buildings, retail spaces, industrial units. They can work at one specific location or be responsible for a portfolio of properties for a range of owners including institutions, charitable companies, public organisations, commercial, or private client.
Commercial Property Manager responsibilities:
- Liaising with and reporting to the landlord
- Rent collection and client accounting
- Service charge budgeting and collection
- Tenant liaison
- Property Inspections
- Maintenance of buildings
- Insurance relating to the property
- Ensuring the property is compliant with all legislation
- Energy management
- Overall maximising the returns on the investment
Commercial property managers can also become involved in:
- Acquisition and sale support and advice
- Rent reviews; rating reviews
- Letting agency advice
- Dilapidations advice
Qualifications and attributes of a Commercial Property Manager
The typical qualification for a commercial property manager is a RICS accredited degree, for example BSc in Real Estate. Many then progress on to complete their APC (Assessment of Professional Competence) and become chartered with the RICS (Royal Institution of Chartered Surveyors)
Commercial property managers are the point of contact for tenants and the building owners, therefore they require excellent communication skills and a high level of organisation.
If you are looking to start your career in Commercial Property Management, or looking to progress your career with a new company please do not hesitate to contact us.