Head Of Asset Management - Industrial

Growthpoint Properties; Johannesburg; On-site; ZAR 1,200,000 - 1,800,000; Full time

Job summary

A leading company in the property sector is seeking a Head of Asset Management - Industrial. The role involves overseeing asset management functions, managing budgets, and developing investment strategies. Ideal candidates will have extensive experience in industrial property management and strong stakeholder management skills.

Qualifications

• Minimum 10 years in industrial property asset management.
• At least 5 years in senior/executive management roles.

Responsibilities

• Perform asset management functions and manage co-owned properties.
• Oversee budgeting and investment strategies.
• Develop and maintain client relationships.

Skills

Asset Management

Stakeholder Management

Investment Research

Education

Relevant tertiary qualification

Job description

Job title: Head of Asset Management - Industrial

Job Location: Gauteng, Johannesburg Deadline: June 08, 2025

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• Jobs by Location
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Key Performance Areas:

1. Perform Asset Management Function

• Participate as a member of SA Exco

1. Participate in the following committees:

• Deal Forum
• Property and Investment Committee
• Compile reports, analyses, and specific tasks as required by the Board, Property and Investment Committee, sub-committees, Exco, or as directed by the Head: SA Asset Management
• Ensure adherence to authority levels by direct reports
• Perform corporate management functions per policies, procedures, and legal requirements
• Complete corporate management tasks within set timeframes

1. Manage Co-owned Properties

• Oversee asset management of co-owned properties
• Guide Portfolio Managers
• Attend co-owner meetings and ad hoc development meetings
• Provide strategic direction
• Ensure accurate accounting for profit share calculations and distributions
• Manage co-owned properties in compliance with policies, procedures, and legal standards

1. Perform Asset Management for External Clients

• Manage asset functions for external clients as per agreements

1. Manage Budget

• Monitor economic and market trends for threats and opportunities
• Analyze business and investment strategies to guide budgeting
• Set mandates for Asset Managers to meet growth targets
• Develop consolidated budgets collaboratively
• Obtain approval from executives and committees
• Control expenditures within budget limits
• Ensure approval for spending
• Prepare monthly asset management and financial reports
• Review portfolio performance monthly and implement remedial actions if needed

1. Investment Research & Strategy

• Collaborate on formulating investment strategies
• Conduct research on sector performance, threats, opportunities, and SWOT analyses at asset level
• Evaluate investments and advise on non-performing assets
• Implement asset management strategies in line with policies and delegation
• Manage assets to outperform benchmarks
• Focus on maximizing ROI and Capex
• Draft and implement sector policies and procedures
• Manage acquisitions, including opportunity identification, feasibility studies, and due diligence
• Develop disposal strategies and manage sales processes
• Identify development opportunities and oversee extensions, redevelopments, and greenfield/brownfield projects
• Manage insurance and valuations timely

1. Sustainability

• Stay updated on sustainability trends and technologies
• Draft and communicate sustainability strategies

1. Trading & Development

• Assist in developing strategies for trading and development activities
• Participate in budgeting and implementation
• Identify and introduce new trading and development opportunities
• Ensure asset management for industrial properties aligns with trading and development goals

1. Stakeholder Management

• Develop and maintain client relationships
• Identify key role players
• Create profiles for major clients
• Track client satisfaction through surveys

1. Experience

• Minimum 10 years in industrial property asset management, with at least 5 years in senior/executive management roles

1. Education

• Relevant tertiary qualification (e.g., Finance or Built Environment)
• Compliance with Property Practitioner Act

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