Portfolio Asset Manager - Shopping Centres & Investment Estate
As Portfolio Asset Manager - Shopping Centres & Investment Estate, you will lead the strategic asset management of Tesco Ireland's shopping centre and investment income estate portfolio. You will be responsible for maximising asset value, optimising income performance, and delivering long-term returns through effective asset management strategies.
Working closely with external property agents, Centre Managers and internal stakeholders, you will drive portfolio growth, enhance operational performance and identify opportunities for redevelopment, sustainability improvements and alternative income generation. You will also play a key role in ensuring compliance with the EU Building Energy Performance Directive (EPBD) and supporting Tesco Ireland's wider ESG commitments.
What is in it for you
We offer excellent benefits that help make Tesco a great place to work. These include but aren’t limited to:
- Competitive Salary
- Life Assurance
- Pension Plan*
- Bonus Scheme*
- Our Virtual GP service provides free and confidential access to an online GP through video GP consultations, and online prescription service for colleagues. The service is also available to families of colleagues who live at the same address for a reduced cost.
- 24/7 access to our Employee Assistance Programme (EAP) for you and family members for in the moment emotional support along with free access to a range of wellbeing services supporting you under our new Wellbeing First approach of Body, Mind and Life.
- Colleague Clubcard offering 10% discount across stores and online, with 15% discount weekends once a month (Friday to Sunday), and 20% off twice a year. There is also 20% off F&F clothing, all year long, these various discounts can be extended to a family member with a 2nd Clubcard available.*
- Annual leave starting at 23 days
- Save As You Earn Scheme*
*Entry requirements and rules of the scheme apply
- Developing and delivering asset management strategies to maximise portfolio value, income generation and long-term investment returns.
- Creating and implementing asset business plans that drive asset performance, rental growth and capital appreciation.
- Leading strategic reviews and making recommendations on redevelopment, acquisitions, disposals and investment opportunities.
- Monitoring portfolio performance through analysis of occupancy, rental income, asset yields, operating costs and tenant performance.
- Managing Tesco Ireland's investment income estate to achieve revenue and investment objectives.
- Leading rent reviews, lease renewals, lease restructures and tenant negotiations.
- Driving tenant retention, occupancy optimisation and alternative income opportunities.
- Building and maintaining strong relationships with tenants, occupiers, investors, managing agents, consultants and local authorities.
- Working with leasing teams to attract and retain a strong mix of tenants across the portfolio.
- Ensuring compliance with the EU Building Energy Performance Directive (EPBD) and identifying opportunities to improve energy efficiency and sustainability performance.
- Leading retrofit, renewable energy and carbon reduction initiatives across the estate.
- Managing budgets, forecasts, business plans and capital investment projects to deliver agreed performance targets.
- Providing strategic leadership and oversight to Centre Managers and property management teams.
- Ensuring high standards of property management, customer experience, compliance, maintenance and governance across all assets.
- Overseeing facilities management and service providers to ensure assets are maintained to the highest standards.
- Presenting portfolio performance, investment proposals and strategic recommendations to senior stakeholders.
- Supporting Tesco Ireland's wider property, investment and ESG strategies through cross-functional collaboration.
- A degree qualification in Property, Real Estate, Estate Management, Business, Finance, Surveying or a related discipline.
- Significant experience in property management, asset management, commercial real estate or a related sector.
- Strong knowledge of landlord and tenant matters, lease management, rent reviews, service charges and property-related financial controls.
- Experience managing stakeholder relationships including tenants, contractors, agents and service providers.
- A sound understanding of property legislation, health and safety requirements and compliance obligations.
- Strong commercial and financial acumen with the ability to maximise asset performance and income generation.
- Excellent leadership, people management and stakeholder engagement skills.
- Strong negotiation, influencing and decision-making abilities.
- Excellent communication, presentation and report-writing skills.
- The ability to manage multiple priorities and work independently in a fast-paced environment.
- A full clean driving licence and willingness to travel across the portfolio.
Desirable
- Professional membership of a recognised property body such as SCSI, RICS, IWFM or equivalent.
- Experience within the retail, shopping centre or commercial property sectors.
- Experience managing investment income portfolios.
- Knowledge of sustainability initiatives, energy management and ESG requirements within property portfolios.
- A strategic, commercially focused and results-driven approach with strong problem-solving skills and the ability to build effective relationships across diverse stakeholder groups.
At Tesco, our vision is to become every customer’s favourite way to shop, whether they are at home or on the move. Our core purpose is to serve our customers, communities, and the planet a little better every day.
At Tesco, we pride ourselves on having an inclusive culture where everyone can truly be themselves. This is embedded in our values: we treat people how they want to be treated. We celebrate diversity and recognize the value and opportunity it brings, ensuring our colleagues feel they can be themselves at work and are supported to be at their best.
We have embraced a blended working week, combining office and remote working. Our offices remain places for connection, collaboration, and innovation. We are committed to building an inclusive workplace that celebrates the cultures, personalities, and preferences of our colleagues, who in turn help build our business's success and reflect the diversity of the communities we serve. Our stores are welcoming places for everyone, with colleagues trained to support those with visible or hidden disabilities through the Sunflower Lanyard programme.
As a large business with diverse roles and flexible working patterns, Tesco can find something that suits you. We celebrate diversity and welcome everyone. Our inclusive recruitment process ensures candidates can thrive and request any necessary adjustments. For more information on accessibility support, visit Tesco Careers Accessibility.
If you need additional support, please email tescoireland.recruitment@tesco.ie. This will help us understand how we can best support you through the recruitment process.