Durban Commercial Portfolio Manager - Hybrid

Placements24; Durban; Hybrid; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Hybrid work

Medical aid

Retirement fund

Professional development

Company laptop

Generous PTO

Exposure to high-value portfolio

Job summary

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.

Qualifications

• 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.

Responsibilities

• 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.

Skills

Communication skills

Negotiation

Interpersonal skills

Financial acumen

Education

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

Tools

Property management software

Microsoft Office

Job description

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.