Estates Manager in London

On-site in London·Added 1 month ago (last checked 22 Oct)

Agency

Michael Page UK

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Our summary

Salary: £65,000 - £70,000 a year
About £4,020 - £4,260 a month after tax.
Work mode: On-site, London
Contract: Permanent
Experience: 5+ years

Skills

Nice to have

Property

Michael Page UK is hiring for this role in several places. This vacancy is in London.

Requirements

What we're looking for

A successful Estates Manager should have:

MRICS qualification.
Degree-level education within Estate Management, Property, Real Estate, or a related discipline.
At least 5 years' property experience, ideally within a retail or multi-site environment.
Strong experience in landlord and tenant matters, lease renewals, rent reviews, and estates management.
Experience negotiating both as a tenant and landlord to secure the best commercial outcomes.
A strong understanding of the retail property sector, ideally within convenience retail.
Excellent project management and stakeholder engagement skills.
Strong commercial acumen with experience managing budgets and financial responsibilities.
Experience gained client-side, within a retail developer, or a consultancy/agency environment.

Pay & benefits

What you'll get

Salary between £65,000 and £70,000, dependent on the level of experience.
Additional package benefits.

If you're interested in this role, apply now!

The role

This is an excellent opportunity for a RICS-qualified Estates Manager to oversee a national portfolio of 150 retail stores and 70 residential units, leading landlord and tenant matters, lease negotiations, acquisitions, disposals, and estate strategy. The role combines portfolio management with strategic responsibility, working closely with senior leadership to maximise property performance, control costs, and drive long-term value across the estate.

What you'll do

Manage the day-to-day operation of a national retail and residential property portfolio.
Lead landlord and tenant negotiations, including lease renewals, rent reviews, acquisitions, and disposals.
Build and maintain strong relationships with landlords, agents, solicitors, and other professional advisors.
Oversee commercial and residential lettings activity.
Manage the company's business rates liability and identify cost-saving opportunities across the estate.
Lead negotiations relating to dilapidations and other property disputes.
Work collaboratively with Legal, Finance, Operations, and Maintenance teams to ensure efficient property management.
Produce reports, financial appraisals, recommendations, and feasibility studies for senior stakeholders.
Identify opportunities to maximise value and utilisation across the portfolio.
Line manage and support a Property Co-ordinator.

Summary

Manage a large and varied national portfolio.
Exposure of estates management, transactions, leasing, and asset management.

About Michael Page UK

Michael Page is a recruitment agency that connects businesses with job seekers, offering services ranging from experienced professional hiring to executive search, scaled recruitment and outsourcing solutions. The company operates globally, with more than 100 offices across 34 countries.

Its teams blend market insights, data and advanced technology to deliver hiring outcomes, and it also publishes career advice and salary guides for job seekers.