Real Estate Portfolio Executive
2 days ago
Set Consulting is seeking an experienced Real Estate Portfolio Executive to lead our industrial portfolio in Cape Town.
The ideal candidate will have a strong background in property management, with expertise in budgeting, financial reporting, and tenant relations. A solid understanding of real estate principles and practices is essential.
We estimate the salary for this position to be around R1,300,000 per annum, based on industry standards and market conditions.
Main Responsibilities:
- Lead the management of industrial properties in Cape Town.
- Develop and implement annual budgets for each property.
- Provide regular financial reports to stakeholders.
- Build and maintain relationships with tenants and other stakeholders.
- Identify opportunities for cost savings and revenue growth.
- Collaborate with the Letting Division to market properties effectively.
- Ensure all properties are well-maintained and meet health and safety standards.
- Manage outstanding leases and tenant correspondence.
- Approve expenses on letting deals and tenant installations.
- Manage utility recoveries and arrears.
- Prepare renewal sheets.
- Compile reports on GLA / vacancy movements.
- Manage Capex and Risk alongside the Facility Manager.
- Participate in development related matters.
- Keep abreast of market trends in Property Mgt and Industrial Properties.
- Other key duties to be discussed at interview stage.
Qualifications and Experience:
- BCom or relevant Degree.
- 7 to 10 years exp in Property Mgt - focus on Industrial buildings.
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