Commercial Property Development Manager

Placements24

Pietermaritzburg

Hybrid

ZAR 1,200,000 - 1,800,000

Full time

3 days ago
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Benefits offered by this job

Competitive salary
Bonuses based on performance
Medical and retirement benefits
Career advancement opportunities
Travel and business expenses allowance
Professional development and training

Job summary

Placements24 seeks a Commercial Property Development Manager to lead end-to-end development projects in Pietermaritzburg and KwaZulu-Natal. You will drive feasibility studies, financial analysis, site acquisition, zoning, design, and construction management, coordinating with architects, engineers, and legal teams to deliver on time and within budget.

The role demands a strong market understanding, advanced financial modeling, and excellent negotiation skills to secure tenants and optimize

Qualifications

  • Bachelor's degree or higher in a related field.
  • Strong experience in commercial property development and project delivery.
  • Excellent financial modeling and budgeting skills.
  • Proven leadership and stakeholder management capabilities.

Responsibilities

  • Identify, evaluate, and secure new commercial property development opportunities in Pietermaritzburg and surrounding areas.
  • Conduct comprehensive feasibility studies, market research, and financial analysis for potential projects.
  • Oversee the development process, including site acquisition, zoning, permitting, design, and construction management.
  • Manage project budgets, timelines, and resource allocation to ensure profitable outcomes.
  • Coordinate with architects, engineers, contractors, legal counsel, and consultants throughout the lifecycle.
  • Negotiate and manage contracts with suppliers, contractors, and service providers.
  • Develop leasing strategies to secure tenants and maximize rental income.
  • Ensure compliance with local building codes, regulations, and environmental standards.
  • Monitor construction progress, quality, and specifications adherence.
  • Prepare progress reports and financial updates for senior management and stakeholders.
  • Contribute to strategic planning and long-term property portfolio vision.

Skills

Financial analysis
Budgeting
Leadership
Stakeholder management
Market research
Project management
Negotiation
Travel willingness

Education

Bachelor's degree in Property Development, Urban Planning, Civil Engineering, Finance
Master's degree (advantageous)

Tools

Project management software

Job description

About the Role Our client, a leading property investment firm, is actively seeking a highly accomplished Commercial Property Development Manager to spearhead their expansion in Pietermaritzburg, KwaZulu-Natal. This strategic role involves overseeing the entire lifecycle of commercial property development projects, from initial concept and feasibility studies through to design, construction, leasing, and ultimate asset management. The successful candidate will be instrumental in identifying lucrative development opportunities within Pietermaritzburg and the broader KwaZulu-Natal region, ensuring projects align with market demand and company objectives. You will manage multiple stakeholders, including architects, engineers, contractors, and legal teams, to deliver projects on time and within budget. This is a pivotal position for an individual with a keen eye for market trends, strong financial acumen, and a proven ability to navigate the complexities of commercial property development. Join a forward-thinking organization and make a significant impact on the urban landscape of Pietermaritzburg.

Key Responsibilities
  • Identify, evaluate, and secure new commercial property development opportunities in Pietermaritzburg and surrounding areas.
  • Conduct comprehensive feasibility studies, market research, and financial analysis for potential projects.
  • Oversee the entire development process, including site acquisition, zoning, permitting, design, and construction management.
  • Manage project budgets, timelines, and resource allocation effectively to ensure profitable outcomes.
  • Coordinate and collaborate with architects, engineers, contractors, legal counsel, and other consultants throughout the project lifecycle.
  • Negotiate and manage contracts with suppliers, contractors, and service providers.
  • Develop and implement leasing strategies to secure tenants and maximize rental income.
  • Ensure compliance with all local building codes, regulations, and environmental standards.
  • Monitor construction progress, quality, and adherence to specifications.
  • Prepare regular progress reports and financial updates for senior management and stakeholders.
  • Contribute to the strategic planning and long-term vision of the company's property portfolio.
Requirements
  • Bachelor's degree in Property Development, Urban Planning, Civil Engineering, Finance, or a related field. A Master's degree is a plus.
  • Minimum of 7 years of progressive experience in commercial property development, project management, or a related role.
  • Demonstrated success in managing complex development projects from conception to completion.
  • Strong understanding of the Pietermaritzburg and KwaZulu-Natal commercial real estate market, including zoning laws and development regulations.
  • Excellent financial modeling, budgeting, and negotiation skills.
  • Proficiency in project management software and industry-standard tools.
  • Exceptional leadership, communication, and stakeholder management abilities.
  • Ability to analyze market data and identify strategic investment opportunities.
  • Valid driver's license and willingness to travel within the region.
  • Professional certifications such as PMP or RICS are advantageous.
Benefits
  • Competitive annual salary commensurate with experience and expertise.
  • Performance-based bonuses and profit-sharing opportunities.
  • Comprehensive medical and retirement benefits package.
  • Significant opportunities for career advancement within a growing organization.
  • Exposure to high-profile development projects in Pietermaritzburg.
  • Professional development and training support.
  • Collaborative and innovative work environment.
  • Allowance for travel and business expenses.
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