Property Portfolio Executive

2 weeks ago

Rosebank, South Africa Interviewing Dynamix Full time

**Property Portfolio Executive**

Our client a leading, listed, national property management concern seeks to appoint a _**Portfolio Executive**_ who will be responsible for strategic management of this diverse property portfolio. The successful incumbent will improve long term profitability of the properties under management as well as establish and development of new markets in order to add value to the portfolio.

**Requirements**:

- Business /Property degree would be a strong recommendation
- EAAB Fidelity Fund Certificate (NQF5 qualification).
- Advanced business knowledge, especially in the commercial & industrial property industry and associated financial markets backed-up by at least 10 years retail experience.
- Sound people management skills.
- Strong financial acumen.
- Sound negotiation skills.
- Strong problem solving skills.
- Strategic planning focused.

**Key Performance Areas**
- **Facilitate the property management process in selected retail centres within the mandates provided by the client**_
- Planning and alignment of resources between retail centres.
- Facilitate the property management process between functions, i.e. Property Management, Marketing and Facilities
- Evaluate tenant mix, turnovers, trading densities, feet count statistics, etc. of centres under management and make recommendations to improve
- Implement initiatives to improve the retail expertise across regions
- Optimize sustainable net income stream per property
- Ensure compliance to mandates received from clients, i.e. approvals according to Approval Framework
- Monitor performance of properties against targets as set by Client and implement corrective actions where necessary
- **Maximizing the profitability of the Company by efficiently managing existing business in the Retail business stream**_
- Monitor Company expenses on an ongoing basis
- Investigate and implement measures to reduce costs
- Actively participate in the budgeting process to ensure that the Company budget is correct
- Actively manage and monitor actual profit against the budget
- **Strategic positioning of the company as retail experts and growing the company in the area of managing retail centres**_
- Facilitate and monitor the implementation of space marketing initiatives
- Investigate and implement new initiatives to reduce the vacant space in client portfolios
Liaison with major clients and prospective clients at senior level to determine their needs and preferences[1]
- Forward possible leads for property related services to prospective clients to the Business Development division
- Actively participate in the composition of proposals to prospective new clients and assist marketing team in concluding the deal
- Facilitate and monitor changes in our service delivery to accommodate specific client needs
- **Revamps and/or expansions to existing shopping centres to improve the long term profitability ofthe centres**_
- Ongoing liaison with property owners and asset managers to understand their needs
- Ongoing liaison with national tenants in shopping centres to understand their current and future needs
- Investigate the various possibilities to address the specific needs, i.e. expansion vs. changing current tenant mix and utilization of space,etc.
- Compile a proposal to address the specific needs and present it to the property owner or asset manager
- Once approval for the project is obtained, advise the project team where needed
- **Public Relations and Community Involvement**_
- Pro-active approach in dealing with local government and government
- Active involvement in business and property related forums to promote the Company and improve the well-being of the Property Industry
- Active involvement in community projects
- Active involvement in the Company's social responsibility programme

**Job Types**: Full-time, Permanent

**Salary**: R901,617.00 - R1,021,316.00 per year

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