Commercial Asset Manager

3 weeks ago


Johannesburg, South Africa Macdonald & Company Full time

**Location**:
**Johannesburg**

**Salary**:
**1200000 - 1500000**

**Job Type**:
**Permanent**

**Reference**:
**64510**

**Job Summary**: Are you an entrepreneurial and driven real estate professional who is commercially inclined and has the ability to unlock asset value?

Our client is dominant player in the South African real estate market who own, develop, invest into and manage well-positioned and performing assets. To date, this reputable brand has built up a large, diversified portfolio consisting of retail, industrial, commercial and residential properties. With capacity in their Johannesburg based team, they are seeking to appoint an experienced Asset Manager who understands the moving parts of real estate transactions and has the ability to secure value through strategic acquisitions, disposals and optimisation of a commercial portfolio. Some of your duties will include, but not be limited to:

- To formalise a strategic plan for the commercial portfolio and make recommendations to the business regarding re-engineering, streamlining and risk balancing within the portfolio
- To provide the business with recommendations on improving the portfolio through strategic disposals, acquisitions, upgrades, renovations and development of commercial assets
- To prepare a consolidated annual risk and exposure analysis and review of current and potential risks
- To analyse and review three-year income projections in order to identify properties for disposal as well as sourcing and procuring property acquisitions
- To conduct a monthly performance analysis of the portfolio under your management
- To utilise market research and market intelligence in order to manage the marketing strategy to include target market identification, compilation on tenant mix and tenant procurement
- To control capital expenditure for new developments, refurbishments, and optimisation of properties

To qualify for this position you will need to have a relevant tertiary degree in finance, investment or real estate and have at least 8 years’ experience in Asset Management within the retail, commercial or industrial real estate sector. You will also need to have a solid financial acumen with a proven ability to identify, unpack and conclude strategic real estate transactions that unlock value. If you meet all the necessary requirements and believe this is an opportunity you will thrive in, send us your CV today and let’s have a chat.

Please note that this is an Employment Equity opportunity and only EE applicants will be considered at this stage.



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