Manager – Asset Management

 You will be part of the Asset Management (Commercial Management (Singapore)) – Business Park, Industrial & Logistics team and reporting to the Senior Director, Asset Management. In this role, you will be working closely with various teams across CLARML and Commercial Management to:

Job Description

• Maximize value of properties through formulation, development and implementation of strategies for asset positioning and increasing Net Property Income as well as NPI margin
• Improve revenue management and revenue generating capabilities of the properties
• Manage and control operating and capital expenses, while maintaining services commensurate with the long-term positioning of the properties
• Responsible for Property Valuation and the Profit and Loss of the properties
• Initiate Asset Enhancement initiatives to improve returns on the properties
• Lead and/or contribute to functional initiatives and special projects that cut across the entire asset management team
• Perform other tasks which include:

o    Oversee all asset-related matters such as negotiation and execution of leases, head lease renewal, property tax, credit control, etc.

o    Engage authorities on regulatory issues such as JTC Anchor Tenant requirements, Change of Use applications and Land Betterment Charge

o    Involve in customer relationship management such as maintaining tenant contact with major tenants, working through solutions to meet requests, etc.

o    Review existing policies and practices to improve efficiency and achieve desired results for assets managed

o    Formulate annual budget and annual asset plan for new financial year

o    Responsible for putting up proposals/papers and updating of reports

Job Requirements

• Degree in Real Estate/Business/Finance or related discipline
• Minimum 6 years of relevant experience in real estate industry, preferably with experience managing office or industrial assets
• Familiar with real estate markets, valuation methodologies, building operations, and asset management
• Possess strong analytical and financial skills
• Proficient in Microsoft Excel application
• Excellent communication and interpersonal skills
• Able to work independently with minimal supervision

We are seeking a strategic, highly analytical Portfolio & Asset Manager to oversee our client’s real estate investment portfolio primarily in Singapore. In this role, you will be involved in a multi-faceted scope where you will be responsible for the overall asset and portfolio management of their properties in Singapore.

Reporting to the Director, you will be looking to be part of the team that supports the execution of their property development pipeline, driving financial performance, managing risk throughout the investment lifecycle, and ensuring that development projects are delivered on time and on budget. You will be maximizing Net Operating Income (NOI) and identify new value-add or divestment opportunities.

Key Responsibilities

Asset Management

• Budgeting & Operations: Set annual operating budgets, review monthly financial variances, and approve capital expenditure (CapEx) plans.
• Performance Optimization: Monitor portfolio KPIs, track portfolio health, and optimize returns on existing assets.
• Vendor & Tenant Relations: Oversee third-party property managers and leasing agents to maintain high occupancy rates, tenant quality, and property health
• ESG & Sustainability: Champion Environmental, Social, and Governance (ESG) initiatives across the portfolio, ensuring statutory compliance and market competitiveness.

Development Management

• Project Governance: Oversee ground-up development and major asset repositioning projects from feasibility to post-handover operations.
• Risk & Capital Management: Manage development risk and the deployment of capital. Ensure all projects remain within budget and on schedule.
• Stakeholder Engagement: Coordinate with contractors, consultants, and regulatory authorities to secure approvals and unlock development potential.

Investment & Portfolio Management

• Origination & Underwriting: You will also get the opportunity to participate in evaluating and execute real estate acquisitions and joint venture opportunities. You will get to be involved in the due diligence process and prepare detailed investment committee packages.
• Divestment Strategy: Manage the entire divestment process, from broker selection and deal room management to exit etc

Requirements

• Education: Bachelor’s degree in Real estate, Finance, Business, Economics/Engineering or a related discipline.
• Experience: About 8-10+ years of experience in real estate asset management
• Analytical Skills: Highly numerical and possess sufficient proficiency in financial modelling (DCF, IRR, NPV, and waterfall calculations).
• Market Knowledge: Deep understanding of the Singapore and APAC real estate markets, lease structures, and operational strategies.
• Communication: Exceptional stakeholder management, negotiation, and presentation skills

We are recruiting for a real estate investment firm looking to scale up their portfolio especially in the retail sector.

Reporting to the MD, you will be directing the leasing strategies, tenant mix, and commercial performance for their retail portfolios. You will be managing leasing P&Ls, oversee pre-leasing and renewals, and lead negotiations with regional and international brands to optimize occupancy and rental revenue.

Responsibilities

• Leasing Strategy & Portfolio Planning: Develop annual leasing business plans, budgets, and KPIs (occupancy rates, rental revenue projections). Formulate and optimize tenant mix strategies aligned with market positioning and catchment demographics.
• Tenant Acquisition & Relationship Management: Identify, prospect, and lead commercial negotiations as well as maintaining a robust network of contacts with international retail brands, master licensees, and franchisors.
• Commercial & Financial Performance: Oversee the leasing P&L, including base rents, Gross Turnover (GTO) rent, and fit-out incentives. You will conduct retail health reviews to manage underperforming accounts and maximize portfolio yield.
• Market Intelligence & Asset Positioning: Analyse retail market trends, consumer behaviours, and competitor performance to advise on mall layout, zoning, and asset enhancement.
• Team Leadership & Stakeholder Management: Mentor and lead the leasing team. Collaborate cross-functionally with Project, Facilities, Legal, and Finance departments to ensure seamless operations and lease execution.

Requirements

• Education: Degree in Real Estate, Business, Marketing, or a related discipline. Postgraduate qualifications (e.g., MSc Real Estate, MBA) or professional memberships (e.g., SISV, RICS) are often preferred.
• Experience: Minimum 10+ years of proven track record in retail leasing, shopping mall management, or commercial property portfolios.
• Skills: Expert-level knowledge of commercial negotiations, tenancy agreements, and real estate financial metrics (e.g., GTO, rental reversion). Strong market connections within the region's retail sector.
• Results-oriented: Proven track record of increasing NPI, occupancy levels and cross-selling

Analyst, Group Investments

On-site Corporate - Group Strategy & Investments

Singapore, Singapore, Singapore

Description

ESR is a leading Asia-Pacific real asset owner and manager focused on logistics real estate, data centres, and energy infrastructure that power the digital economy and supply chain for investors, customers, and communities. Through our fully integrated real asset fund management and development platform, we strive to create value and growth opportunities for our global portfolio of investors. We offer our customers modern space solutions to realise their ambitions across Australia and New Zealand, Japan, South Korea, Greater China, Southeast Asia, and India, including a presence in Europe.

We are seeking a driven and analytical Analyst with 1.5 to 3 years of investment experience to join the Group Investments team. The candidate will independently evaluate real estate investment opportunities, conduct in-depth financial modelling, and prepare high-quality investment papers as well as ad-hoc analyses to support strategic decision making by ESR senior management.

The candidate will also work with key stakeholders across the broader business, including the Group Strategy & Investments team on Mergers & Acquisitions opportunities and the in-country investment teams on key projects.

Investment Evaluation

• Independently assess potential real estate investment opportunities across various asset classes and geographies, including both equity and debt structures

Financial Modelling

• Develop and maintain sophisticated financial models to analyze deal-level economics, sensitivity scenarios, and return metrics (e.g., IRR, equity multiple, cash-on-cash)

Investment & Strategy Papers

• Draft clear and compelling investment memos and presentations for internal investment committees and senior leadership, outlining the strategic rationale, risks, and recommendations.

Market Research & Analysis

• Conduct macro and micro-level market research, competitive benchmarking, and due diligence to inform underwriting assumptions and investment strategy

Due Diligence Coordination

• Liaise with brokers, partners, legal counsel, and other external advisors to facilitate deal execution

Ad-hoc Analysis

• Provide on-demand analytical support to senior management, including portfolio reviews, hold/sell analyses, and performance tracking

Internal Investment Support

• Review potential investment opportunities proposed by the broader business and work with Group Strategy & Investments team on potential Mergers & Acquisitions opportunities

Requirements

• Target candidate will have 1.5 to 3 years’ experience working in real estate investment, real estate funds management, real estate private equity, investment banking or similar role
• Bachelor’s Degree from top-tier university with an outstanding university academic record

Position Challenges

• Balancing competing priorities
• Adhering to important deadlines whilst maintaining accurate high-quality outputs
• The ability to work semi-autonomously, delivering well considered output with minimal continuous review and refinement by management
• Managing senior internal and external stakeholders whose opinions may vary, to find consensus and deliver the agreed upon outcome
• Clearly and effectively communicating deliverables with the capability to engage in thoughtful robust debate as required

Key Personal Attributes

• Ability to work and collaborate within a close-knit team structure
• Personal resilience and calm professional demeanour
• Exceptional analytical and problem-solving skills
• Highly proficient in financial modelling with knowledge of valuation and corporate finance
• Solid understanding of accounting concepts and financial statements
• Strong commercial acumen and ability to engage in strategic thinking
• Clear effective communicator capable of engaging with stakeholders from across the organisation
• Desire to continually strive for professional excellence and ongoing development
• Strong work ethic with the ability to work autonomously and deliver outcomes to agreed timelines
• Enthusiastic and energetic attitude toward both work and personal life