Asset Commercial Manager

Lendlease; Kuala Lumpur; Hybrid; MYR 90,000 - 120,000; Full time

Job summary

A leading global real estate company is seeking an experienced Asset Commercial Manager in Kuala Lumpur. This permanent position focuses on maximizing asset value and driving revenue growth through data-driven insights. The ideal candidate will have at least 5 years of experience in retail asset management, with strong financial acumen and stakeholder engagement skills. Benefits include 20 days annual leave and medical coverage. Join a diverse and inclusive team committed to innovation and long-term value creation.

Benefits

20 days annual leave

Medical, Dental and Inpatient coverage

Access to online wellbeing platform

Qualifications

• Minimum 5 years in retail asset management and investment strategy.
• Proven ability to identify and evaluate value-enhancing opportunities.
• Skilled in financial modeling and scenario analysis.

Responsibilities

• Develop asset plans for retail properties.
• Lead asset enhancement initiatives to increase asset value.
• Prepare reports for stakeholders and communicate insights.

Skills

Retail asset management

Financial analysis

Stakeholder engagement

Market intelligence

Education

Tertiary qualifications in Economics, Business, or Finance

Tools

Financial modeling tools

Job description

Lendlease is a globally integrated real estate group with core expertise in Investment Management, Development, and Construction. For more than 60 years, we have created thriving places.

The Lendlease Investment Management business is seeking to hire an experienced Asset Commercial Manager to join the team based in Kuala Lumpur.

About the role

This role focuses on maximizing asset value, driving revenue growth, and shaping tenant strategies through data‑driven insights and market intelligence. If you have strong financial acumen and a passion for retail asset optimization, this is the role for you. Your responsibilities will include (but are not limited to):

Asset Strategy & Enhancement

• Develop asset plans to position retail properties for long‑term success.
• Lead asset enhancement initiatives and commercial assessment to improve tenant mix, increase footfall, and boost overall asset value.
• Analyse revenue drivers and evaluate expense components to identify opportunities for optimisation.
• Provide insights into retail trends, tenant performance, and leasing strategies to enhance profitability.

Financial Analysis & Valuation

• Build and maintain financial models to forecast asset returns and evaluate performance.
• Monitor market trends and asset value fluctuations to support investment decisions.
• Liaise with independent valuers during valuation processes.
• Contribute to asset budgeting and planning to ensure sustainable long‑term performance.

Reporting & Stakeholder Engagement

• Prepare clear, data‑driven reports and presentations for internal and external stakeholders.
• Communicate insights and recommendations effectively to senior management and key decision‑makers.

About You

• Proven track record with minimum 5 years in retail asset management and investment strategy, ideally within shopping malls, retail portfolios, or REITs.
• Commercial mindset with the ability to identify and evaluate value‑enhancing opportunities, optimise tenant mix, and drive asset profitability.
• Tertiary qualifications in Economics, Business, or Finance.
• Strong understanding of asset valuation, retail market dynamics, and leasing strategies.
• Skilled in financial modelling and scenario analysis to support strategic decisions.
• Good report writing, stakeholder engagement and influencing skills, with experience presenting to senior leadership and investors.
• Ability to translate market insights into actionable strategies that enhance long‑term asset value.

Benefits

• Permanent position, hybrid arrangement.
• 20 days annual leave per year plus 3 days of wellbeing leave.
• Medical, Dental and Inpatient coverage for self and dependant.
• Access to online wellbeing and mental health platform.

We love a challenge and solving problems. Our clients come to us when it’s important: to handle complexity, drive diversity, offer strategic and long‑term value, and to create innovative solutions.

Lendlease is a diverse, flexible, and inclusive employer of choice. We engage, enable, and empower our people. Inclusion sets us all up for success.

Lendlease is committed to being a diverse and inclusive employer of choice by engaging, enabling and empowering our people. All qualified applicants will receive consideration for employment and we are happy to consider flexible working arrangements. Inclusion sets us all up for success and we particularly encourage applications from currently under‑represented groups in our industry including those who self‑identify as women, black, Asian, minority ethnic, lesbian, gay, bisexual, transgender and/ or disabled.