Explore: Construction, architecture and property

Investment Associate - property
Tritax

info Issues viewing the video?

accessibility Video accessibility options

00:00:03:16 – 00:00:09:12
I’m Maddie, I am an investment associate for Tritax Eurobox, and I’m based in London.

00:00:10:17 – 00:00:13:05
So generally speaking, an investment associate

00:00:13:05 – 00:00:18:22
will look at the market and try and find warehouses for cheap.

00:00:19:11 – 00:00:20:15
And then they might do

00:00:20:15 – 00:00:24:05
some asset management, which could be getting a tenant in there

00:00:24:12 – 00:00:28:00
or doing an extension or different projects like that.

00:00:28:00 – 00:00:32:14
And then eventually you will, hopefully, all going well, sell it for more money.

00:00:32:23 – 00:00:37:04
The best thing is probably the travel and the socialisation of it,

00:00:37:12 – 00:00:40:09
because you have to make contacts across the industry.

00:00:40:09 – 00:00:44:16
You’re often working one-on-one with people, so you have to rely on agents

00:00:44:16 – 00:00:48:02
to give you market knowledge and to connect you with different types

00:00:48:02 – 00:00:52:06
of investors and occupiers who you want to put in your assets,

00:00:52:06 – 00:00:54:12
so that’s pretty fun.

00:00:56:18 – 00:01:03:02
So I did maths at GCSE and A-level and then
my degree was accounting and finance.

00:01:03:02 – 00:01:06:16
So I wanted to go into something that was mathematically-focused.

00:01:06:17 – 00:01:11:19
So I leant more on the finance aspect of my degree rather than the accounting.

00:01:11:23 – 00:01:15:15
My boss, Elina, used to work at JLL.

00:01:15:16 – 00:01:20:22
I had to do work shadowing at JLL, and I kept in contact with her since I was 15 –

00:01:20:23 – 00:01:25:13
we went for lunch together every year. And then when I finished my degree,

00:01:26:09 – 00:01:30:16
she said if you want an internship at Tritax, they might take pity on you.

00:01:31:01 – 00:01:33:13
So I came for three months.

00:01:33:13 – 00:01:36:21
I did the graduate scheme for about a year and a half, and then,

00:01:36:21 – 00:01:40:20
I now work permanently under Elina.

00:01:41:04 – 00:01:44:15
I didn’t know what I wanted to do, but my dad does real estate,

00:01:44:15 – 00:01:46:17
so I saw that it was really fun.

00:01:46:17 – 00:01:48:16
And so I just thought,

00:01:48:16 – 00:01:51:13
I’m not going to chain myself to a desk and be an accountant.

00:01:51:13 – 00:01:53:18
So I was born deaf in one ear.

00:01:53:18 – 00:01:56:18
And I had to have a couple of surgeries when I was younger,

00:01:57:19 – 00:01:58:20
and then it’s all been fine.

00:01:58:20 – 00:02:01:22
I was going to get – I was meant to get a hearing aid at school.

00:02:02:02 – 00:02:06:19
I decided not to and I just get on with it. So it’s my right ear that’s deaf.

00:02:06:19 – 00:02:09:19
So everyone has to kind of place themselves on my left hand side.

00:02:12:11 – 00:02:14:03
Well, I think the thing is,

00:02:14:03 – 00:02:17:13
to try and do something that you love or you think you’re going to love

00:02:17:14 – 00:02:19:22
because you never know if you’re actually going to love it.

00:02:19:22 – 00:02:23:09
Just finding enjoyment in it and then you wake up

00:02:23:09 – 00:02:28:19
happy on a Monday rather than sad and waking up sad on a Monday is no fun.

“Try and do something that you love.” Maddie finds different ways warehouses can make money. After a degree in accounting and finance, Maddie went on to an internship and then a graduate scheme, before landing her current role. She was born deaf in one ear but chooses not to wear a hearing aid.

More information about Property, housing and estate managers

Data powered by LMI For All

£44,720

average salary

The UK average salary is £29,813

average weekly hours

There are 37.5 hours in the average working week

58% male

42% female

The UK workforce is 47% female and 53% male

Future employment

Future employment?

Description

? Job holders within this unit group manage shopping centres, residential areas and private estates, and arrange for the sale, purchase, rental and leasing of property on behalf of clients and employers.

Qualifications

There are no formal academic requirements, although entrants usually possess a BTEC/SQA award, a degree or equivalent qualification. Apprenticeships are available in some areas. Many employers expect the attainment of membership to a relevant professional body.

Tasks

Determines staffing, financial, material and other short- and long-term requirements;
Manages general upkeep, maintenance and security of the estate’s amenities;
Makes sure that the amenities meet health and safety standards and legal requirements;
Advises on energy efficiency;
Discusses client’s requirements and may advise client on the purchase of property and land for investment and other purposes;
Conducts or arranges for structural surveys of properties and undertakes any necessary valuations of property or agricultural land, and deals with grant and subsidy applications;
Negotiates land or property purchases and sales or leases and tenancy agreements and arranges legal formalities with solicitors, building societies and other parties;
Maintains or arranges for the maintenance of estate accounts and records and produces financial forecasts;
Acts as arbiter in disputes between landlord and tenant and ensures that both fulfil their legal obligations;
Examines and assesses housing applications, advises on rent levels, investigates complaints and liaises with tenants’ association and social workers to resolve any family problems.