Manager - Commercial Asset Management

Tri-Cap Consulting Pte. Ltd.; Singapore; On-site; SGD 120,000 - 160,000; Full time

Job summary

Tri-Cap Consulting Pte. Ltd. is seeking a senior asset management professional to drive value across a Singapore-based commercial portfolio, including office and retail assets.

The role covers strategic asset planning, leasing oversight, AEI management, and rigorous data analytics to maximize net property income and overall asset value. You will lead cross-functional teams, monitor performance against budgets, stay ahead of market rental trends, and coordinate external valuations.

Qualifications

• Degree in Real Estate, Business Administration or Finance required.
• At least 5 years of asset management or related experience in Singapore.
• Experience in both office and retail assets is highly regarded.

Responsibilities

• Strategic Asset Management & Financial Performance: develop asset strategy, budgets and forecasts.
• Leasing & Commercial Strategy: work with leasing teams on strategy and tenancy mix.
• Operational Oversight & AEI Management: ensure maintenance and AEI feasibility/implementation.
• Prepare management reports, board materials, and coordinate external valuations.

Skills

Asset management

Property management

Commercial real estate leasing

Education

Bachelor's degree in Real Estate, Business Administration or Finance

Job description

We are recruiting for a well-established real estate player with their core portfolio in residential, commercial (retail and office) as well as hospitality in Singapore and International markets.

You will be responsible for driving the financial performance, operational excellence, and value enhancement of a commercial portfolio comprising office and retail assets in Singapore. This role encompasses strategic asset planning, leasing oversight, operational management, asset enhancement initiatives (AEI), regular data analytics and reporting, and valuation management to maximize net property income (NPI) and overall asset value.

Your key responsibilities will include:

1. Strategic Asset Management & Financial Performance

• Work with leasing and operations teams to prepare asset strategy plans for assigned office and retail properties, annual property operating budgets, capital expenditure plans, and periodic financial forecasts.
• Monitor assets’ financial performance against budgets and previous years’ variances and suggest measures to improve income.

2. Leasing & Commercial Strategy

• Work closely with leasing teams on leasing strategy, tenant retention, and tenancy mix for both office and retail assets.
• Maintain up-to-date market intelligence on rental trends, lease structures, occupancy levels, and competitor positioning in the Singapore commercial real estate market.

3. Operational Oversight & AEI Management

• Work with the operations teams to ensure proper operational maintenance.
• Assist in planning and evaluating proposed Asset Enhancement Initiatives (AEI) to optimize space usage, increase efficiency, and drive higher rental yield.
• Coordinate cross-functionally with property management teams, consultants, and contractors during AEI feasibility, design, and implementation stages.

Other scopes include performing quantitative analyses as well as drafting clear, actionable management reports, board presentations, and performance summaries for senior leadership and investors. You will also be involved in coordinating external property valuations, managing relationships and briefing processes with appointed independent valuers etc.

Requirements:

You are degree qualified in a Bachelor’s Degree in Real Estate, Business Administration or Finance with at least 5 years of relevant experience in asset management, property management, or commercial real estate leasing within Singapore.

Hands-on exposure managing both office and retail assets in Singapore as well as proven track record in conceiving and managing Asset Enhancement Initiatives (AEIs) will be highly regarded.

All applications will be treated in the strictest confidence. Personal data provided will be used for recruitment purposes only.