Commercial Property Portfolio Manager

Placements24; Durban; Hybrid; ZAR 600.000 - 900.000; Vollzeit

Benefits dieser Stelle

Hybrid work

Medical aid

Retirement fund

Professional development

Company laptop

Generous PTO

Exposure to high-value portfolio

Zusammenfassung

Placements24 is seeking a Commercial Property Portfolio Manager for a leading real estate investment firm in Durban, KwaZulu-Natal. You will oversee a diverse mix of commercial assets, manage operations, leasing, and financial performance to maximise returns and asset value.

The role requires at least 5 years in commercial property management, strong tenant relations, and expertise in budgeting and reporting.

Qualifikationen

• Bachelor's degree in Real Estate, Business Administration, Finance or related field is required.
• Minimum of 5 years’ experience in commercial property management, asset management, or related real estate role.
• Proven track record in managing commercial property portfolios and achieving financial targets.
• Strong knowledge of Durban's commercial real estate market and lease-related matters.
• Excellent communication, negotiation, and interpersonal skills.

Aufgaben

• Manage a portfolio of commercial properties to ensure optimal performance and profitability.
• Oversee day-to-day operations including maintenance, repairs, and CAPEX projects.
• Develop and implement strategic leasing plans to minimize vacancies and maximize rental income.
• Conduct market research to determine competitive rental rates and identify new leasing opportunities in Durban.
• Manage tenant relations, address concerns, and ensure high levels of tenant satisfaction.
• Negotiate and draft lease agreements, renewals, and amendments.
• Prepare and manage property budgets, including operating expenses and capital expenditures.
• Conduct regular property inspections to ensure lease compliance and standards.
• Oversee vendor contracts and ensure services are delivered to a high standard.
• Provide regular financial reporting and performance analysis to senior management.

Kenntnisse

Communication skills

Negotiation

Interpersonal skills

Financial acumen

Ausbildung

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

Tools

Property management software

Microsoft Office

Jobbeschreibung

About the Role

Our client, a distinguished real estate investment firm, is seeking an accomplished Commercial Property Portfolio Manager to manage and optimize a diverse portfolio of commercial assets within Durban, KwaZulu-Natal. This crucial role involves overseeing all operational, financial, and leasing aspects of the properties to maximize returns and enhance asset value. The ideal candidate will possess a strong understanding of commercial real estate markets, tenant relations, and financial management. You will be the primary point of contact for tenants, vendors, and internal stakeholders, ensuring smooth operations and tenant satisfaction. This position offers a unique opportunity to contribute significantly to the strategic growth of our client's real estate holdings in the thriving Durban region. The role demands a proactive approach to property management, a keen eye for detail, and the ability to balance multiple priorities effectively. You will play a key role in leasing negotiations, property maintenance oversight, and the implementation of strategic asset management plans. Join a reputable organization where your expertise in commercial real estate management will be highly valued, contributing to the success of significant investments in Durban.

Key Responsibilities

• Manage a portfolio of commercial properties, ensuring optimal performance and profitability.
• Oversee day-to-day operations, including property maintenance, repairs, and capital improvement projects.
• Develop and implement strategic leasing plans to minimize vacancies and maximize rental income.
• Conduct market research to determine competitive rental rates and identify new leasing opportunities in Durban.
• Manage tenant relations, address concerns, and ensure high levels of tenant satisfaction.
• Negotiate and draft lease agreements, renewals, and amendments.
• Prepare and manage property budgets, including operating expenses and capital expenditures.
• Conduct regular property inspections to ensure compliance with lease terms and company standards.
• Oversee vendor contracts and ensure services are delivered to a high standard.
• Provide regular financial reporting and performance analysis to senior management.

Requirements

• Bachelor's degree in Real Estate, Business Administration, Finance, or a related field.
• Minimum of 5 years of experience in commercial property management, asset management, or a related real estate role.
• Proven track record in managing commercial property portfolios and achieving financial targets.
• In-depth knowledge of the Durban commercial real estate market and its dynamics.
• Strong understanding of lease agreements, property law, and tenant relations.
• Excellent financial acumen, including budgeting, financial reporting, and analysis skills.
• Exceptional communication, negotiation, and interpersonal skills.
• Proficiency in property management software and Microsoft Office Suite.
• Ability to multitask, prioritize, and manage time effectively in a fast-paced environment.
• Valid driver's license and willingness to travel within the KwaZulu-Natal region as needed.

Benefits

• Competitive annual salary of R. Performance-based incentives and bonuses.
• Comprehensive medical aid and retirement fund.
• Opportunities for professional development and certifications.
• Hybrid work environment combining office and remote flexibility.
• Company laptop and mobile phone.
• Generous paid time off.
• Exposure to a diverse and high-value property portfolio in Durban.
• Supportive team and management structure.
• Contribution to the ongoing success of a leading real estate firm.