Hybrid Real Estate Portfolio Manager

Placements24; Pretoria; Hybrid; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Health benefits

Retirement savings plans

Paid time off

Professional development

Job summary

Placements24 is seeking an experienced Real Estate Portfolio Manager to oversee a diverse portfolio of commercial and residential properties in Centurion, Gauteng. This hybrid role blends in-office collaboration with remote work to drive profitability and long-term value for assets.

The candidate should have a minimum of 6 years in asset/portfolio management, strong financial acumen, and proficiency with property management software and MS Office.

Qualifications

• Bachelor's degree in Real Estate, Finance, Business Administration, or related field.
• Minimum of 6 years of experience in real estate asset or portfolio management.
• Strong financial acumen with budgeting, forecasting, and analysis.
• Hybrid work environment in Centurion, Gauteng, ZA is preferred.

Responsibilities

• Develop and execute strategic asset management plans for each property within the portfolio to maximize returns and minimize risk.
• Monitor financial performance of the portfolio, including leasing, operating expenses, and capital expenditures.
• Conduct regular property inspections and market analyses to identify opportunities for value enhancement.
• Oversee property operations, including tenant relations, lease administration, and vendor management.
• Prepare comprehensive portfolio performance reports, including financial statements, market updates, and strategic recommendations.
• Manage relationships with property owners, tenants, brokers, and service providers.
• Identify and execute capital improvement projects to maintain and enhance property value.
• Stay informed about market trends, economic conditions, and legislative changes affecting the real estate industry.
• Collaborate with the acquisitions and finance teams on new investment opportunities and portfolio strategies.

Skills

Portfolio management

Financial analysis

Negotiation

Stakeholder management

Education

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

Tools

Real estate software

MS Office

Job description

About the Role

Our client, a reputable real estate investment firm with a growing portfolio, is looking for an experienced Real Estate Portfolio Manager to join their team in Centurion, Gauteng, ZA. This is a hybrid role, requiring a blend of in-office collaboration and remote flexibility. The successful candidate will be responsible for overseeing and optimizing a diverse portfolio of commercial and residential properties. This includes developing and implementing strategic asset management plans, maximizing property value, and ensuring strong financial performance. The ideal candidate possesses strong analytical skills, a comprehensive understanding of property management best practices, and a proven ability to manage client relationships effectively. You will be a key player in driving profitability and long-term value for our client's assets.

Key Responsibilities

• Develop and execute strategic asset management plans for each property within the portfolio to maximize returns and minimize risk.
• Monitor financial performance of the portfolio, including leasing, operating expenses, and capital expenditures.
• Conduct regular property inspections and market analyses to identify opportunities for value enhancement.
• Oversee property operations, including tenant relations, lease administration, and vendor management.
• Prepare comprehensive portfolio performance reports, including financial statements, market updates, and strategic recommendations.
• Manage relationships with property owners, tenants, brokers, and service providers.
• Identify and execute capital improvement projects to maintain and enhance property value.
• Stay informed about market trends, economic conditions, and legislative changes affecting the real estate industry.
• Collaborate with the acquisitions and finance teams on new investment opportunities and portfolio strategies.

Requirements

Bachelor's degree in Real Estate, Finance, Business Administration, or a related field. Minimum of 6 years of experience in real estate asset or portfolio management. Proven track record of successfully managing and optimizing a real estate portfolio. Strong financial acumen, including experience with budgeting, forecasting, and financial analysis. In-depth knowledge of property management, leasing, and market analysis. Excellent negotiation, communication, and interpersonal skills. Proficiency in real estate management software and Microsoft Office Suite. Ability to work independently and collaboratively in a hybrid work environment. Experience in Centurion, Gauteng, ZA or surrounding areas is preferred.

Benefits

This hybrid role offers a competitive salary and bonus structure, commensurate with experience. Employees benefit from a blend of in-office collaboration, fostering teamwork and mentorship, alongside the flexibility of remote work days. Our client provides comprehensive health benefits, retirement savings plans, and paid time off. Opportunities for professional development, including industry certifications and conferences, are actively supported. You will be part of a dynamic team managing a high-value portfolio, offering significant career growth potential.