Job Description
We are recruiting for a Real Estate Investment firm who is known to repositioning and transforming spaces to suit the needs of Today’s Real Estate world. They adopt more of a value-add strategies and will be looking to expand further.
Reporting to the Director, you will support the development and execution of the property portfolio strategy, business plan, and budget as well as assisting in developing and maintaining key investor relationships. This will include the evaluation and underwriting of potential acquisition and/or divestment opportunities.
You will support the conceptualisation and development of asset management plans and strategies for pipeline assets, including assumptions relating to rents, occupancy, development capex, and other key operating and investment parameters for underwriting. You will be coordinating day-to-day investment management activities, including investment performance monitoring and analysis, investor reporting, governance, and returns benchmarking.
You will be responsible for research and market intelligence, including tracking the competitive and regulatory landscape and industry best practice, implementing asset management strategies/plans and help monitor overall positioning and performance of the portfolio. You will support the execution of development plans alongside the Development team, including coordinating key asset management inputs, monitoring progress against approved plans and budgets, and ensuring alignment with investment objectives.
You will oversee day-to-day property operations and support the implementation of operational strategies and initiatives to optimise asset performance, tenant experience, service quality, and operating efficiency as well as managing and coordinating external service contractors, vendors, and suppliers, including procurement, appointment, contract management, service delivery, performance monitoring, and cost management. This will include monitoring the performance and service standards of external property and facilities management providers, identify areas for improvement, and ensure timely resolution of operational issues. You will prepare and coordinate delivery of monthly, quarterly, and annual reporting of asset key performance metrics to keep management and investors updated on portfolio performance. You will provide analysis and recommendations to support decisions that maximise the portfolio's potential and involved in the budgeting process.
Requirements
- Degree qualified in Accounting, Real Estate, Business from a reputable education institute and have at least 8 years of experience in commercial asset management role, particularly in retail. Candidates with retail leasing background are highly favourable.
- Being hands-on and proficient in financials and possess advanced skillsets in Excel & PowerPoint skills as well as the ability to thrive in a fast-paced environment.