Lead Property Portfolio Manager

Placements24; Cape Town; On-site; ZAR 1,800,000 - 2,900,000; Full time

Benefits offered by this job

Executive package

Performance bonus

Company car/travel allowance

Private medical aid and pension

Job summary

Placements24 seeks an experienced Lead Property Portfolio Manager in Cape Town to oversee a diverse portfolio of commercial and residential properties. You will drive performance, optimize asset allocation, and lead a team of property professionals to maximize shareholder value.

The role requires a hands-on, strategic leader with deep knowledge of SA real estate, market dynamics, and financial performance. Senior stakeholder engagement and a track record of delivering results are essential.

Qualifications

• Bachelor’s or higher in Property Studies, Business Admin, Finance or related field.
• MRICS or equivalent qualification is highly desirable.
• 8+ years in property portfolio management or senior real estate role.
• Proven record of managing and growing large portfolios.
• Strong knowledge of real estate finance, valuation, and investments.
• Exceptional leadership and interpersonal skills.
• Proficiency with property management software and financial analysis tools.

Responsibilities

• Develop and implement strategic asset management plans to maximise returns and capital appreciation.
• Oversee acquisition, disposition, leasing, and operational management of all properties.
• Conduct property inspections and performance reviews to identify improvements and risks.
• Manage budgeting, financial reporting and cash flow forecasting.
• Lead and mentor a team of property managers and support staff.
• Negotiate leases and service contracts on favorable terms.
• Build strong relationships with tenants, brokers, vendors and stakeholders.
• Monitor market trends and conditions affecting the Cape Town market.
• Ensure compliance with legal, regulatory and environmental standards.
• Prepare detailed reports and presentations for senior management and the board.

Skills

Leadership

Negotiation

Strategic thinking

Team management

Financial analysis

Real estate market knowledge

Property management software

Education

Bachelor's degree in Property Studies/related

Master's degree or MRICS desirable

Tools

Property management software

Financial analysis tools

Job description

About the Role

Our client, a prestigious real estate investment trust (REIT) with a significant presence in Cape Town, is seeking an experienced and visionary Lead Property Portfolio Manager. This senior position is pivotal in overseeing and optimizing a diverse portfolio of commercial and residential properties valued in the hundreds of millions. The ideal candidate will possess a deep understanding of property management, market dynamics, financial performance, and strategic asset allocation within the South African real estate landscape. You will lead a team of dedicated property professionals, driving performance, ensuring tenant satisfaction, and maximizing shareholder value. This role is critical for the strategic direction and operational excellence of our client's real estate assets in the picturesque city of Cape Town, a key economic hub for the country. The position requires a hands-on approach and a strategic mindset to navigate the complexities of the property market.

Key Responsibilities

• Develop and implement strategic asset management plans for the entire property portfolio, focusing on maximizing returns and capital appreciation.
• Oversee the acquisition, disposition, leasing, and operational management of all properties within the portfolio.
• Conduct regular property inspections and performance reviews to identify areas for improvement and risk mitigation.
• Manage budgeting, financial reporting, and cash flow forecasting for the portfolio.
• Lead and mentor a team of property managers, leasing agents, and support staff.
• Negotiate lease agreements and service contracts, ensuring favorable terms and conditions.
• Develop and maintain strong relationships with tenants, brokers, vendors, and other stakeholders.
• Monitor market trends, competitive landscape, and economic conditions affecting the Cape Town property market.
• Ensure compliance with all relevant legal, regulatory, and environmental standards.
• Prepare detailed reports and presentations for senior management and the board of directors.

Requirements

• Bachelor's degree in Property Studies, Business Administration, Finance, or a related discipline.
• A Master's degree or relevant professional qualification (e.g., MRICS) is highly desirable.
• A minimum of 8 years of progressive experience in property portfolio management, asset management, or a senior real estate role.
• Proven track record of successfully managing and growing a substantial real estate portfolio.
• Strong understanding of real estate finance, valuation methodologies, and investment principles.
• Exceptional leadership, team management, and interpersonal skills.
• Proficiency in property management software and financial analysis tools.
• Excellent negotiation, communication, and presentation abilities.
• In-depth knowledge of the Cape Town real estate market is essential.
• Ability to think strategically and make data-driven decisions.
• Demonstrated ability to navigate complex transactions and stakeholder negotiations.

Benefits

• An attractive salary and comprehensive executive benefits package.
• Performance-driven annual bonus.
• Company car or travel allowance.
• Private medical aid and pension fund contributions.
• Significant opportunities for professional growth and career progression in the thriving Cape Town real estate sector.
• Access to a portfolio of high-value properties and strategic investment opportunities.
• A stimulating work environment with a focus on innovation and excellence.
• Employee wellness programs and regular industry networking events.