Job Description

Tesco UK • Shire Park, Kestral Way, Welwyn Garden City • Permanent • Apply by 24-May-2026
About the role

Are you a commercially driven property professional ready to take ownership of a national investment portfolio within one of the UK’s most recognisable brands?

We’re looking for a Lead Asset Manager to shape and deliver the leasing and asset strategy across a complex, high-value property estate—driving sustainable income growth and long-term asset value

Working at pace within a fast-moving environment, you’ll balance commercial performance, operational viability and customer experience, ensuring our assets deliver for the business now and into the future.

Your work will directly influence strategic decision-making at the highest levels. You’ll use your commercial expertise to unlock value, manage risk, and lead key leasing decisions, while providing clear insight to senior stakeholders and Board forums.

This is a leadership role where you’ll develop a high-performing team, drive continuous improvement, and ensure disciplined execution across multiple income-critical workstreams.

The Hiring manager for this role is Nick Burrows.

What is 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 Hereto find out more!

• Annual bonus scheme of up to 20% of base salary
• Holiday starting at 25 days plus a personal day (plus Bank holidays)
• Private medical insurance
• 26 weeks maternity and adoption leave (12 months service required at the qualifying date) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay, we also offer 6 weeks fully paid paternity leave
• Free 24/7 virtual GP service, Employee Assistance Programme (EAP) for you and your family, free access to a range of experts to support your mental wellbeing

The above information is a shortened summary, refer to our policies for full details

You will be responsible for

This is a senior, high-impact role where you’ll:

• Own and deliver the asset management and leasing strategy for a national investment portfolio
• Identify and unlock value from under-utilised or complex assets through repurposing and re-letting
• Lead major leasing decisions including renewals, rent reviews, re-gears and new lettings
• Balance commercial performance, risk, and operational considerations to achieve optimal outcomes
• Partner with senior stakeholders to shape wider property and business strategy

• Driving income performance and portfolio optimisation, managing risks and opportunities
• Leading negotiations on complex, high-value transactions
• Providing clear commercial insight and recommendations to senior leadership and Board forums
• Managing key relationships with agents, tenants, and advisors
• Leading, coaching, and developing a team of Asset Managers to deliver outstanding results

You will need

• Proven experience in commercial property asset management and leasing
• Strong track record in complex deal-making and portfolio strategy
• Deep understanding of leases, rent reviews, valuations, and income performance
• Confident influencing at senior stakeholder level
• A strategic thinker with the ability to execute at pace in a fast-moving environment
• Experience leading and developing high-performing teams

About us

You might know us as a supermarket, technology company or even for our award-winning mobile network. Truth is, we’re all of those things, and much more. Our colleagues work with one goal in mind, helping to make every day a little better for our customers, colleagues and communities all over the world. No two customers are the same, neither are our colleagues.

At Tesco, we champion a balance that lets you thrive both in and out of work. Spend 60% of your week collaborating with colleagues at our office locations or local sites and the rest remotely. Whether you're just kicking off your career, juggling passions, or navigating big life events, we're here to support you. We always welcome a conversation about flexible working, so talk to us throughout your application about how we can support.

We're proud to be an accredited Disability Confident Leader, where everyone’s welcome. That’s why we commit to providing a fully inclusive and accessible recruitment process. If you need support with your application, click here for more information. And if you're interested in joining our team but don't tick every box, don't let that hold you back from applying.