Director, Property Asset Value Enhancement

Michael Page; Hong Kong; In loco; HKD 1.800.000 - 2.400.000; Tempo pieno

Vantaggi offerti da questo lavoro

Attractive bonus

Full medical coverage

Friendly working culture

Descrizione del lavoro

Michael Page is seeking a senior asset management professional to oversee a portfolio of student accommodation and retail properties. You will lead asset enhancement, financial planning, and performance analysis to maximise long-term value.

The role requires extensive experience in real estate asset management, strong due diligence, and the ability to drive cross-functional collaboration across leasing, finance, and operations. A strategic mindset and results‑oriented approach are essential.

Competenze

• Bachelor's degree or above in Real Estate, Property Management, Finance, Investment, or related discipline; professional/postgraduate qualifications are a plus.
• Minimum 15 years of relevant experience in asset management, commercial real estate, or mixed-use developments.
• Experience leading asset enhancement, refurbishment, leasing improvement, and value-creation projects.

Mansioni

• Develop and execute asset enhancement strategies for student accommodation and retail properties to improve asset positioning and investment returns.
• Lead the preparation and implementation of annual asset plans, budgets, capex, and performance targets.
• Monitor portfolio performance (occupancy, rental rates, NOI, costs, tenant sales) and propose turnaround strategies for underperforming assets.
• Collaborate with cross-functional teams to ensure successful asset strategy execution and align with investment objectives.

Conoscenze

Asset management

Asset enhancement

Leasing improvement

Financial analysis

Formazione

Bachelor's degree or above in Real Estate/Property Management/Finance

Descrizione del lavoro

Our client is a leading property developer with investments across a diverse portfolio of properties.

• Attractive Salary
• Stable long term career

About Our Client

Our client is a leading property developer with investments across a diverse portfolio of properties.

Job Description

• Develop and execute asset enhancement strategies for a portfolio of student accommodation and retail properties, with the objective of improving asset positioning, operating performance, investment returns, and long-term capital value.
• Conduct comprehensive reviews of individual assets and formulate business plans covering property repositioning, refurbishment, change of use, tenant-mix enhancement, operational improvement, and other value-creation initiatives.
• Lead the preparation and implementation of annual asset plans, operating budgets, capital expenditure plans, and performance targets, ensuring alignment with the company's investment objectives.
• Monitor the financial and operational performance of the portfolio, including revenue, net operating income, occupancy, rental performance, operating costs, tenant sales, footfall, rental collection, and return on investment.
• Identify under-performing assets and recommend practical turnaround strategies to improve income, occupancy, operational efficiency, and market competitiveness.
• Evaluate proposed asset enhancement initiatives through market research, financial modelling, feasibility studies, cost-benefit analysis, and investment return assessments.
• Lead asset enhancement, refurbishment, renovation, and repositioning projects from the planning and feasibility stages through to execution and completion, ensuring projects are delivered within the approved budget and timeline.
• Work closely with project management, design, leasing, operations, marketing, property management, finance, and legal teams to ensure the successful implementation of asset strategies.
• Oversee the performance of student accommodation assets, including occupancy, rental rates, resident experience, operating efficiency, ancillary income, and overall competitiveness.
• Develop leasing and commercial strategies for retail assets, including trade-mix optimisation, tenant replacement, lease renewal, rental reversion, vacancy reduction, and the introduction of suitable brands and concepts.
• Collaborate with the marketing and operations teams to develop customer engagement, membership, event, branding, and promotional strategies that increase footfall, tenant sales, and customer loyalty.
• Review property management standards and operating procedures to identify opportunities for cost optimisation, service enhancement, digitalisation, and improved customer or resident experience.
• Manage project budgets, operating costs, and resource allocation, while maintaining effective cost control and maximising the financial performance of each asset.
• Prepare regular asset performance reports, financial analyses, business proposals, and recommendations for senior management and relevant investment committees.
• Maintain a strong understanding of market trends, competitor performance, consumer behaviour, student accommodation demand, and emerging retail concepts to support strategic decision-making.
• Build and maintain effective relationships with tenants, operators, consultants, contractors, government authorities, business partners, and other key stakeholders.

The Successful Applicant

• Bachelor's degree or above in Real Estate, Property Management, Business Administration, Finance, Investment, Surveying, Marketing, or a related discipline. Relevant professional or postgraduate qualifications would be an advantage.
• Minimum 15 years of relevant experience in asset management, commercial real estate, property investment, retail portfolio management, student accommodation, or mixed-use developments.
• Demonstrated experience in asset enhancement, property repositioning, refurbishment, leasing improvement, operational turnaround, or value-creation projects.
• Experience managing student accommodation, serviced apartments, rental housing, shopping malls, community retail projects, or mixed-use developments would be highly preferred.
• Strong understanding of real estate investment principles, asset management, leasing, property operations, marketing, customer experience, and capital expenditure management.

What's on Offer

• Attractive bonus
• Full medical covered
• Friendly working culture

Quote job ref: JN-112026-7138385