Property Portfolio Manager

Placements24; Durban; Hybrid; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Competitive salary

Bonus

Medical aid

Provident fund

Annual leave

Professional development

Job summary

Placements24 seeks an experienced Property Portfolio Manager to oversee a diverse Durban portfolio of commercial and residential properties. The role blends on-site engagement with remote strategic planning to maximize asset value and tenant satisfaction.

The ideal candidate has a solid background in property management, financial acumen, and proven leadership. The position offers a hybrid work model with opportunities for professional growth and impact in a dynamic Durban market.

Qualifications

• Bachelor's degree in property management, business, finance, or related field.
• 7+ years of progressive property management experience with portfolio focus.
• Proven track record of managing diverse portfolios and achieving financial targets.
• Strong knowledge of property law, leasing, and maintenance.
• Excellent financial analysis, budgeting, and negotiation skills.
• Strong leadership and team management capabilities.
• Proficiency in property management software and MS Office.

Responsibilities

• Develop and implement management strategies for a Durban portfolio.
• Oversee leasing, tenant relations, maintenance, and financials.
• Ensure regulatory compliance and peak portfolio efficiency.
• Manage budgets, expenses, and rental income targets.
• Lead and mentor property management staff.
• Conduct regular property inspections and capital planning.
• Oversee tenant acquisition and retention to maintain occupancy.
• Negotiate leases and service contracts.
• Analyze market trends to identify growth opportunities.
• Prepare regular performance reports for senior management.

Skills

Portfolio management

Financial analysis

Budgeting

Negotiation

Leadership

Tenant relations

Property law

Software proficiency

Education

Bachelor's degree

Tools

Property management software

Job description

About the Role

Our client, a prominent property investment and management company, is seeking an experienced and strategic Property Portfolio Manager to oversee a diverse portfolio of commercial and residential properties in Durban, KwaZulu-Natal, ZA. This role is critical in maximizing asset value, ensuring tenant satisfaction, and optimizing operational efficiency. The ideal candidate will possess a strong understanding of property management best practices, financial acumen, and exceptional leadership skills. This hybrid role allows for a balance between on-site property engagement and remote strategic planning, fostering productivity and work-life balance in the vibrant Durban property market.

Key Responsibilities

• Develop and implement comprehensive management strategies for a portfolio of commercial and residential properties in Durban.


• Oversee all aspects of property operations, including leasing, tenant relations, maintenance, and financial management.


• Ensure properties are well-maintained, compliant with all regulations, and operate at peak efficiency.


• Manage budgets, control expenses, and optimize rental income to achieve portfolio financial targets.


• Lead and mentor property management staff, fostering a high-performance culture.


• Conduct regular property inspections and assessments to identify maintenance needs and capital improvement opportunities.


• Oversee the tenant acquisition and retention process, ensuring high occupancy rates and tenant satisfaction.


• Negotiate lease agreements and service contracts.


• Analyze market trends and competitor activities to identify opportunities for portfolio growth and enhancement.


• Prepare regular performance reports for senior management and stakeholders.

Requirements

• A Bachelor's degree in Property Management, Business Administration, Finance, or a related field.


• Minimum of 7 years of progressive experience in property management, with a significant portion focused on portfolio management.


• Proven track record of successfully managing diverse property portfolios and achieving financial objectives.


• Strong understanding of property law, leasing, tenant relations, and building maintenance.


• Excellent financial analysis, budgeting, and negotiation skills.


• Strong leadership and team management capabilities.


• Proficiency in property management software and MS Office Suite.


• Exceptional communication and interpersonal skills.


• Must be based in or able to commute regularly to Durban, KwaZulu-Natal, ZA.

Benefits

• Our client offers a competitive salary and bonus structure, reflective of experience and performance.


• comprehensive medical aid


• a provident fund


• generous annual leave


• ongoing professional development opportunities