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Head of Property Asset Management

Manylion swydd
Dyddiad hysbysebu: 05 Mawrth 2025
Cyflog: Heb ei nodi
Gwybodaeth ychwanegol am y cyflog: Competitive
Oriau: Rhan Amser
Dyddiad cau: 19 Mawrth 2025
Lleoliad: Welwyn Garden City, Hertfordshire, AL7 1GA
Cwmni: Tesco
Math o swydd: Parhaol
Cyfeirnod swydd: tesco/TP/13767211/930253

Crynodeb

About the role

We know life looks a little different for each of us. That’s why at Tesco, we always welcome chats about flexible working. Some people are at the start of their careers, some want the freedom to do the things they love. Others are going through life-changing moments like becoming a carer, nearing retirement, adapting to parenthood, or something else. So, talk to us throughout your application about how we can support.

An exciting new role within our Property Function! Tesco is recruiting for a new Head of Property Asset Management, Tesco are looking for someone to manage a portfolio of over 3000 retail units (All Formats) and Depots, this will include all operational, investment, closed/surplus land and buildings, surplus land disposals, store buybacks and lease regears.

You will be responsible for

  • Advising senior colleagues on all Property related matters. Implements the £380m Lease Buyback Strategy
  • Spotting opportunities to enhance our assets and fully utilise them including surplus carpark development/letting
  • Overseeing the payment of over £1.6bn in rent & rates whilst meeting all financial control and audit requirements
  • Having a clear understanding of Finance matters relating to all Property costs (Capital or Revenue) and setting, tracking and forecasting challenging property budgets.
  • Disposing of all surplus land and meeting our £5m pa. lease regear target.
  • Ensuring operational properties are occupied in accordance with general property law, their lease terms, their title and Health & Safety regulations (with the team being the day-to-day landlord/tenant contact)
  • Collaborating closely with other areas within Property on refurbs and asset optimisation re landlord consent
  • Managing external Consultants, Solicitors and Managing Agents and supporting the business in the roll out of various new initiatives
  • Taking ownership for specific Project Streams, eg Cladding remediation, Closed Stores, Disposals, H&S issues
  • Following our Business Code of Conduct, always acting with integrity and due diligence
  • Actively contributing to ESG targets & supporting Diversity & Inclusion targets
  • Developing and leading a high performing team, giving them the opportunities to be their best
  • Being a go-to for general real estate advice for wider group companies

You will need

  • MRICS or other Property related qualification
  • Extensive Property Asset Management experience preferably with another multiple Retailer or an Asset Manager within a large REIT or Property company
  • Managing & Motivating a team
  • Property budgeting & reporting
  • Excellent track record of achievement

What’s in it for you

We’re all about the little helps. That’s why we make sure our Tesco colleague benefits package takes care of you – both in and out of work. Click Here to find out more!

  • Annual bonus scheme of up to 45% of base salary
  • Car Cash Allowance
  • Holiday starting at 25 days plus a personal day (plus Bank holidays)
  • Private medical insurance
  • Retirement savings plan - save between 6% - 10% and Tesco will contribute 1.5 times this amount
  • 26 weeks maternity and adoption leave (after 1 years’ service) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay, we also offer 6 weeks fully paid paternity leave

About us

Tesco has become a market leader by doing the little things that really matter for our customers and colleagues.

It’s part of what makes Tesco such a great place to work, and we’re proud to have been accredited as one of Britain’s Top Employers again this year.

We're the UK's number one retailer and we pride ourselves on offering a great shopping experience. We are passionate about our food, merchandise and services and will always try to get things right for our customers.

But did you know we also offer great job opportunities? With stores, distribution centres and offices across the UK, and a vast variety of roles, we are always looking for people who have a hunger to work with customers and colleagues across our exciting business.

We believe in treating each other with respect and giving everyone an equal opportunity to get on. It's our people that make the difference every day - helping us make a difference for our customers

Should you be successful in your application, your offer will be subject to and conditional upon you providing your bank account details before your agreed start date.

For more information about us please visit www.tescoplc.com

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