Job Description

Job Category: Finance & Business Development
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Why join us
You can make a positive difference to a top FTSE 100 Retailer's Property Team. Sainsbury's Property division is responsible for all Sainsbury's trading and non-trading property assets, including supermarkets, convenience stores, Argos and offices, industrial and retail depots. It all adds up to give us responsibility for the 4th largest retail estate by number of shops (over 1,700, and still growing)
Joining Sainsbury's means being part of a dynamic and forward-thinking team responsible for asset managing the Sainsbury's & Argos portfolio. In this key role, you will have the opportunity to utilise your strong commercial acumen and property expertise to proactively asset manage your part of the portfolio, including lease events, minimising property costs, and build strong relationships with stakeholders both internally and externally. All this is with the aim to strategically drive value from the estate. With a focus on continuous improvement and a commitment to delivering exceptional service, you will play a vital role in optimising the trading estate while contributing to the strategic direction of the company.
What you'll do
You'll take proactive ownership of estates & asset management within the Sainsbury's & Argos portfolio, across trading stores.
Focus will be on strategic thinking to leverage value from the estate, be that in generating value or costs savings
You'll act as the principal advisor working with a cross functional team of external property advisors and consultants and internal managers to minimise cost & optimise tenure.
Your responsibilities will include minimising property costs through commercial acumen, formulating recommendations on Landlord and Tenant matters, managing external agents, maintaining relationships with landlords and tenants, preparing budgets, staying up to date with property market trends, building strategic relationships with key property market contacts, and ensuring accurate reporting of the portfolio progress.
You'll also liaise with internal stakeholders, including Store Managers, Regional Operation Managers and the Store Support Centres, being the point of contact to ensure visibility of activity and minimise any impact on the trading estate.
Who you are
You're a highly skilled professional with a strong background in property management and ideally a member of RICS, demonstrating expertise in effectively managing and optimising a portfolio, strategically driving value from the estate. With exceptional commercial acumen, communication skills, and a proactive approach to portfolio asset management, lease events, regears and property costs, you excel in building relationships with internal and external stakeholders while driving commercial settlements. Your ability to work autonomously, think laterally, and prioritise customer-centric solutions makes you a valuable asset in delivering proactive and effective asset management strategies. Investment experience would be beneficial.
Essential Criteria

• Demonstrable extensive experience in a senior role strategically managing landlord and tenant matters, including setting out a plan for your part of the portfolio to formulate recommendations, negotiating commercial settlements, and overseeing lease events within a property portfolio.
• Proven ability to minimise property costs and optimise tenure, using commercial insight to influence decisions and manage external property advisors or agents and internal stakeholders.
• Evidence of building and maintaining effective relationships with landlords, tenants, external consultants, and internal stakeholders.
• Ability to analyse property market trends and produce accurate portfolio reporting, including budgets and progress updates for stakeholders.

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Responsibilities:
We'd all like amazing work to do, and real work-life balance. That's waiting for you at Sainsbury's. For a FTSE business, we move incredibly fast. When we're not handling projects, we're helping all corners of the wider group with what they're trying to achieve. And around here, you can see the results of your work as soon as you walk into a store, which gives you a real sense of purpose and responsibility. Better still, the team around you will listen to your ideas and opinions, and you'll have every chance to try something new. The sheer scale and complexity of our set-up means there's always something else around the corner, and we'll help and support you every step of the way. We're trusted to get on with it. So get ready to make things happen here.
Qualifications:
We are committed to being a truly inclusive retailer, so you'll be welcomed whoever you are and wherever you work. Around here, there's always the chance to try something new - whether that's as part of an evolving team or somewhere else across the business - and we take development seriously and promise to support you. We also recognise and celebrate colleagues when they go the extra mile and, where possible, offer flexible working. When you join our team, we'll also offer you an amazing range of benefits. Here are some of them:
Starting off with colleague discount, you'll be able to get 10% off at Sainsbury's, Argos, TU and Habitat after 4 weeks. This increases to 15% off at Sainsbury's every Friday and Saturday and 15% off at Argos every pay day. We've also got you covered for your future with our pensions scheme and life cover. You'll also be able to share in our success as you may be eligible for a performance-related bonus of up to 20% of salary, depending on how we perform.
Your wellbeing is important to us too. You'll receive an annual holiday allowance, and you can buy additional holiday. We also offer other benefits that will help your money go further such as season ticket loans, interest free car loan of up to 10k, cycle to work scheme, health cash plans, pay advance (where you can access some of your pay before pay day) as well access to a great range of discounts from hundreds of other retailers. And if you ever need it there is also an Employee Assistance Programme, you will also be eligible for private healthcare too.
Moments that matter are as important to us as they are to you which is why we give up to 26 weeks' pay for maternity or adoption leave and up to 4 weeks' pay for paternity leave.
Please see www.sainsburys.jobs for a range of our benefits (note, length of service and eligibility criteria may apply).

Skills Required