# Estates Manager: Argos

**Company**: Argos
**Location**: London, London
**Experience**: senior
**Job type**: full-time
**Salary**: Competitive Plus Benefits
**Category**: Retail
**Industry**: Retail

**Apply**: https://hdhe.fa.em3.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX/job/400091203?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/job/estates-manager-argos-c6096908-4d2/

## Description

As an Estates Manager at Argos, you will own the property strategy for your region, taking a proactive, commercial approach to managing and growing a designated part of the Argos property portfolio.

You will be responsible for:

- Driving asset strategy: developing and delivering asset and portfolio strategies for your region, covering lease restructures, cost reduction, and value creation across the existing estate.

- Owning lease events and risk: anticipating key lease dates and property risks, and putting the right strategies in place well ahead of time.

- Leading negotiations: taking charge of complex landlord and tenant discussions, including rent reviews, lease renewals, break options, regears, and variations.

- Growing the estate: identifying, assessing, and progressing new store acquisitions, from heads of terms through to securing the right property solution.

- Influencing at senior level: building commercially robust recommendations and presenting papers to the Property Board and other governance forums.

- Working with key partners: collaborating with Operations, Finance, Legal, Construction, and Facilities Management to deliver new stores from opportunity through to handover, and to resolve estate issues with minimal disruption to trading.

- Managing advisers: instructing, managing, and challenging external agents, consultants, and professional advisers to deliver strong outcomes and value for money.

- Forecasting and reporting: leading regional budget and forecast preparation, keeping portfolio data accurate, and tracking performance, risks, and opportunities.

To be successful in this role, you will need:

- Property and asset management expertise: strong experience, ideally from a large and complex operational property portfolio, such as retail.

- Professional credentials: RICS membership is desirable, or equivalent relevant professional experience.

- Landlord and tenant knowledge: strong knowledge of rent reviews, lease renewals, regears, break options, dilapidations, and lease restructuring.

- Acquisition and negotiation skills: experience of property acquisitions and negotiating new leases, plus the confidence to lead complex discussions with landlords, tenants, agents, and advisers.

- Commercial judgement: an understanding of how property decisions affect asset value, occupancy cost, operational needs, and risk, and the ability to turn opportunities into deliverable outcomes.

- Market insight: strong property market knowledge, ideally including property investment and valuation principles.

- Influence and communication: the ability to build clear, evidence-based recommendations, influence senior stakeholders, and build strong relationships across the business and externally.

- Autonomy and problem-solving: the ability to prioritise across multiple lease events and transactions, protect continuity of occupation, and find creative commercial solutions to complex property challenges.

As an employer, Argos offers a range of benefits, including:

- Colleague discount: 10% off shopping online and in-store at Sainsbury's, Argos, TU, and Habitat.

- Pensions scheme and life cover.

- Performance-related bonus of up to 20% of salary.

- Annual holiday allowance, with the option to buy up to an additional week's holiday.

- Private healthcare.

- Season ticket loans, interest-free car loan of up to £10k, cycle to work scheme, health cash plans, and salary advance.

- Access to a great range of discounts from hundreds of other retailers.

- Employee Assistance Programme.

- Up to 26 weeks' pay for maternity or adoption leave and up to 4 weeks' pay for paternity leave.

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## Skills

### Required
- property and asset management
- landlord and tenant knowledge
- acquisition and negotiation skills
- commercial judgement
- market insight
- influence and communication
- autonomy and problem-solving

### Nice to have
- RICS membership

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