Senior Manager: Property and Asset Management

Asteco; Abu Dhabi Emirate; On-site; AED 350,000 - 750,000; Full time

Job summary

Asteco in the United Arab Emirates seeks an experienced Senior Manager – Property & Asset Management to lead the operational, financial, and commercial performance of a high-profile real estate portfolio, including Grade A commercial assets, premium residential communities, and Tier 1 developments.

You will maximize asset value, drive revenue, oversee lease administration, budgets, and stakeholder relations, while mentoring property and site teams to deliver exceptional service.

Qualifications

• Bachelor's degree in Property Management, Real Estate, Business Administration, or a related field.
• Professional accreditation such as RICS, CPM, or equivalent is highly desirable.

Responsibilities

• Lead portfolio performance across Grade A commercial, premium residential, and Tier 1 developments.
• Drive occupancy, renewals, rent collection, tenant retention, and revenue growth.
• Oversee budgets, forecasts, financial reporting, and NOI improvement.
• Manage relationships with institutional investors, owners, and key stakeholders.
• Ensure compliance with UAE regulations and industry best practices.
• Lead and develop Property Managers, Facility Managers, and site teams.

Skills

Asset Management

Stakeholder Management

Budgeting

Lease Administration

Leadership

Tenant Relations

Portfolio Management

Education

Bachelor's Degree in Property Management/Real Estate/Business Administration

RICS/CPM accreditation desirable

Tools

Property Management Systems

Job description

We are seeking an experienced Senior Manager – Property & Asset Management to lead the operational, financial, and commercial performance of a high-profile real estate portfolio, including Grade A commercial assets, premium residential communities, and Tier 1 landmark developments. The successful candidate will be responsible for maximizing asset value, driving revenue performance, enhancing customer experience, and leading multidisciplinary property management teams.

Key Responsibilities

• Manage the overall performance of a portfolio of Grade A and Tier 1 commercial, residential, and mixed-use assets.
• Drive occupancy, lease renewals, rent collection, tenant retention, and revenue growth.
• Monitor asset performance, vacancy levels, and market positioning to ensure optimal returns.
• Partner with Asset Management teams to implement value-enhancement initiatives.
• Own portfolio budgets, forecasts, and financial reporting.
• Monitor rental income, service charge recovery, arrears management, and operating expenses.
• Identify opportunities to improve NOI (Net Operating Income) and overall asset profitability.
• Review business cases, CAPEX requirements, and investment opportunities.

Client & Stakeholder Management

• Act as the primary relationship lead for institutional investors, property owners, and key stakeholders.
• Manage senior-level client engagements and escalations.
• Deliver regular portfolio performance reviews and strategic recommendations.
• Ensure exceptional service delivery and tenant satisfaction.

Operations & Compliance

• Ensure properties operate in accordance with company policies, UAE regulations, and industry best practices.
• Oversee lease administration, tenant onboarding, renewals, move-ins, and move-outs.
• Monitor property maintenance standards, contractor performance, and service providers.
• Drive governance, risk management, and operational compliance across the portfolio.

Leadership & Team Management

• Lead, mentor, and develop Property Managers, Facility Managers, and site-based teams.
• Establish performance objectives and KPIs aligned with business goals.
• Foster a culture of accountability, customer excellence, and continuous improvement.
• Support succession planning and talent development initiatives.

Candidate Profile

Qualifications

• Bachelor's Degree in Property Management, Real Estate, Business Administration, or a related field.
• Professional accreditation such as RICS, CPM, or equivalent is highly desirable.

Experience

• 10-15+ years of experience within Property and Asset Management.
• Proven track record managing large-scale portfolios, including Grade A commercial buildings, premium residential assets, and Tier 1 developments.
• Strong knowledge of UAE real estate regulations, leasing practices, and market dynamics.
• Experience leading large property management teams and managing institutional client relationships.