Vice President – Asset Management (Living Sector)

Company: Cobalt Recruitment
Apply for the Vice President – Asset Management (Living Sector)
Location: London
Job Description:

Job Description

VP – Living Sector Asset Management, UK

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The Opportunity:

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A rare opportunity to join the leadership team of a truly world class investment management business, with a significant UK operational living real estate portfolio.

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This is will be a senior position encompassing true team leadership. We are seeking a VP who will play a leading role in the day-to-day direction of the UK Asset Management function, shaping portfolio strategy, developing the team and acting as a senior commercial partner to operating partners and internal stakeholders.

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The mandate is broad and highly strategic, with responsibility for driving investment performance across a large, complex portfolio of operational real estate assets.

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The Role:

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The VP will be accountable for maximising long-term portfolio performance through active asset management. This will include shaping business plans, challenging operating performance, allocating capital and identifying opportunities to grow income and enhance asset value.

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Success will be measured by financial outcomes, strategic execution and leadership impact, rather than the production of portfolio reporting.

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Key Responsibilities:

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  • Lead, develop and help grow the UK Asset Management team, establishing clear priorities, high standards and a strong culture of ownership and accountability.
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  • Define and execute portfolio and asset-level strategies designed to maximise long-term investment performance.
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  • Take ownership of commercial performance across the portfolio, driving occupancy, pricing, EBITDA, NOI and valuation growth.
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  • Work closely with operating partners, constructively challenging performance across pricing, labour, quality, capital deployment and broader strategic direction.
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  • Build and manage senior-level relationships with operating and joint venture partners.
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  • Identify and execute value creation initiatives, including redevelopment, extensions, repositioning, operational improvement programmes and commercial or lease restructurings.
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  • Develop recommendations around hold, sell, acquire and recapitalisation strategies.
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  • Prioritise capital allocation across the portfolio and present investment recommendations to executive leadership and Investment Committee.
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  • Support acquisitions, underwriting, due diligence, integration and disposals.
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  • Partner closely with Investments, Finance, Legal, Development and Capital Markets to deliver portfolio objectives.
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  • Develop a strong understanding of market dynamics and use market intelligence to identify emerging risks and opportunities.
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Candidate Profile:

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We are looking for an established asset management professional with significant experience in institutional operational real estate, operational living, private equity or operational asset management.

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The successful candidate is likely to bring:

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  • Significant institutional investment or asset management experience.
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  • A proven track record of delivering measurable value creation across complex operational real estate portfolios.
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  • Demonstrable experience leading, mentoring and developing high-performing teams.
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  • Deep commercial judgement and the confidence to challenge and influence CEOs, operating partners and senior executives.
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  • Strong understanding of the operational drivers of real estate investment performance.
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  • Exceptional financial, analytical and strategic capabilities.
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  • Experience developing and executing asset-level and portfolio-level business plans.
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  • Confidence presenting investment strategies and recommendations to senior leadership and Investment Committees.
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  • A degree in Finance, Real Estate, Business or a related discipline.
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What Success Looks Like:

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The successful candidate will become a key leader within the UK Asset Management platform, combining strategic thinking with decisive execution.

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They will build trusted relationships with operating partners, develop exceptional talent internally and create a highly commercial asset management culture focused on performance and accountability.

Posted: August 27th, 2026