Career Opportunities

Vice President, Asset Management(Retail)
Our Client, a Top Prestigious is seeking to recruit a Vice President, Asset Management (Retail).

Responsibilities:

  • Support the CEO in the development and implementation of leasing operation and asset management strategies to optimise return on investment on all retail assets.
  • Conduct weekly and monthly meetings with the Senior management team on the leasing progress/issues as well as related operational issues.
  • Guide and set strategic directions for the team with marketing/leasing strategies and structure/strategize leasing deals to achieve maximum rental income for the retail portfolio; including asset positioning, tenant/trade mix, target industries, tenant sizes, subdivision strategy and understanding the market dynamics etc.
  • Strategize and oversee negotiations on major renewals, new leases and IPTs.
  • Guide and set strategic directions for the team’s prospecting and leasing negotiations.
  • Provide guidance to the various teams inclusive Marcom(retail) on programs to drive footfalls and spending to the malls.
  • Propose and oversee retail portfolio’s budget, monitor performance indicators such as occupancy, rental and NOI margin.
  • Responsible for the Portfolio performance and provide explanation to the portfolio’s reforecast NOI variance, achieved rentals, occupancy and margins.
  • Guide the team to prepare annual business plans for the malls under management.
  • Lead the team to execute strategies in the approved business plans to achieve the optimal returns to the assets, including Asset Enhancement Initiatives.
  • Provide monthly report to the CEO on the portfolio performance.


Requirements:

  • Degree in Business, Real Estate, Marketing or other related disciplines.
  • At least 10 to 15 years of relevant experience in leasing, retail management with exposure to asset management in a REIT/Real estate fund environment an added advantage.
  • Strong analytical and negotiation skills.
  • Good team player, possess a high level of initiative, hands-on, resourceful and able to work independently in a fast-paced environment.
  • Highly motivated, positive, driven and willing to learn.


Location: Singapore

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By Nadia Ng
on 05-May-2020