- Generally, develop and implement ideas to drive performance in terms of NOI and Total Return at Asset level
- Identify, appoint, oversee and manage third party advisers (property managers, letting agents, professional advisers and legal teams) where relevant to optimise Asset returns
- Driving strategy through creation and management of asset plans, asset management initiatives and hold/sell decisions to deliver performance
- Act as point of contact for major tenants and negotiate leases, lease renewals, and other agreements with them
- Update regularly the financial figures in asset plans, collaboration with property managers and perform actual budget comparisons
- Prepare and present capital expenditure and refurbishment proposals to the agreed Working Groups. Monitor capex works in terms of time, quality and cost budgets
- Manage the independent valuation process, under supervision of the Portfolio Manager, including updating the independent valuers on a regular basis as required, monitoring delivery of valuations as per schedule, checking drafts and approving final valuations
- Permanent maintenance of a data room (physical or virtual), e.g. making sure that all asset related documents are in place and stored adequately
- Supporting the Portfolio Manager on certain purchases by defining underwriting assumptions, assessing due diligence findings and prepare papers and presentations to the relevant internal Committees and client
- Take over newly acquired assets into Asset Management (e.g. preparing Asset Plans, budgets and rent roles, etc.), monitoring and implementing of matters deriving from due diligence
- Supporting the Portfolio Manager in the preparation of quarterly and annual asset performance analysis for the portfolio
- Improve the sustainability of Assets in line with client’s ESG policies
Requirements:
- 5 years+ experience in asset management (mixed portfolio or REIT), preferably with value add/repositioning/change of use of operating assets
- Ability to work independently taking responsibility of Assets and as part of a small team based in Kuala Lumpur, whilst clearly communicating with client
- Demonstrate experience in managing cross cultural relationships; personal and organisational
- Good communication skills, both written and verbal
- Modelling skills required, use of Argus software, an advantage
- Ability to work at a strategic level and understand and interpret detail as necessary
- Educated and passionate about introducing best ESG practices and achieve GRESB (or equivalent) accreditation, an advantage
- Experience of Sharia Compliance, an advantage
Please apply in writing or via e-mail enclosing a CV, and your current salary details to MY_Savills.M@savills.com.my
Salary details available upon application, commensurate with experience and skills.