Asset Manager - Retail Portfolio

• Oversee all asset management activities for the retail properties, with the objective of maximizing value, improving tenant satisfaction, and increasing portfolio performance.
• Develop asset management strategies to optimize returns, enhance property values, and manage tenant relationships.
• Conduct regular market analysis to keep the retail portfolio competitive and identify potential acquisition or divestiture opportunities.

2. Financial Performance and Reporting :

• Analyze budgets, optimize revenue streams, and monitor the financial performance of retail properties, ensuring alignment with portfolio objectives.
• Collaborate with the finance team to prepare financial reports, budgets, and forecasts for the retail portfolio.
• Review and analyze building operation expenses, rental revenue, and monthly budget-to-actual reports.
• Review and ensure compliance with insurance policy requirements for managed properties.

3. Risk Management and Compliance :

• Conduct risk assessments for the retail portfolio, identifying and mitigating risks associated with property ownership and management.
• Oversee and implement internal policies to maintain compliance and mitigate operational and financial risks.
• Ensure properties comply with industry standards, safety regulations, and tenant obligations.

4. Tenant Relations and Lease Management :

• Manage tenant relationships, oversee lease compliance, address tenant concerns, and coordinate with legal and leasing teams.
• Review and approve lease agreements for retail tenants, ensuring they align with the company's long-term goals.
• Develop leasing strategies and lead marketing initiatives to attract and retain high-quality tenants.

5. Maintenance and Operations Supervision :

• Supervise maintenance activities, ensuring properties are well-maintained, safe, and meet industry standards.
• Ensure effective vendor management and that outsourced maintenance services align with operational standards.

6. Strategic Leadership in Property Management :

• Collaborate with the CEO and senior leadership to align asset management activities with the growth strategy.
• Develop and implement long-term strategies that enhance the value and profitability of the retail portfolio.
• Mentor and provide guidance to junior property management professionals, building capacity for potential team expansion and ensuring smooth operations.
• Position the Asset Manager role as a future leader in the property management division, managing all asset classes within the portfolio.

7. Reporting and Documentation :

• Prepare and present regular reports on asset performance, including financial metrics, tenant satisfaction, and market trends.
• Maintain up-to-date documentation on all property transactions, leases, and relevant compliance information.

Minimum Requirements :

• Education: Bachelor’s degree in Property Management, Real Estate, Business, or a related field (Master’s preferred).
• Experience: Minimum of 5-7 years of asset management experience, particularly in the retail sector.

Please mail your CV to hr3 (at) peopledimension (dot) co (dot) za