Property Portfolio Manager

Placements24; Vereeniging; Hybrid; ZAR 700,000 - 1,100,000; Full time

Benefits offered by this job

Competitive salary

Career progression

Collaborative team environment

Impactful portfolio ownership

Job summary

Placements24 seeks an experienced Property Portfolio Manager to oversee a diverse commercial and residential portfolio in Vereeniging, Gauteng. The role emphasizes strategic planning, financial oversight, and operational leadership to maximize investor returns.

Responsibilities include budgeting, performance analysis, leasing, and regulatory compliance, with a focus on occupancy and value enhancement across the Vereeniging assets.

Qualifications

• Bachelor’s degree in Real Estate, Finance, Business Administration or a related field.
• Minimum of 5 years of experience in property/asset/portfolio management.
• Strong financial principles, budgeting, and investment analysis.
• Excellent negotiation, communication, and interpersonal skills.

Responsibilities

• Develop and execute strategic plans for each property to enhance value and profitability.
• Oversee budgeting, financial reporting, and performance analysis for the portfolio.
• Manage tenant relationships, lease negotiations, and occupancy targets.
• Coordinate with management, maintenance, and vendors for compliant properties.
• Conduct inspections and identify capital improvement opportunities.
• Analyze market conditions and adjust leasing and investment strategies.
• Ensure compliance with legal, regulatory, and leasehold obligations.
• Prepare reports for senior management on portfolio performance and forecasts.

Skills

Financial acumen

Negotiation

Interpersonal skills

Education

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

Tools

Property management software

Job description

About the Role

Our client, a reputable real estate investment and management firm, is seeking an experienced Property Portfolio Manager to oversee a diverse portfolio of commercial and residential properties in Vereeniging, Gauteng. This pivotal role requires a strategic thinker with exceptional financial acumen and a proven ability to maximize property performance and profitability. You will be responsible for the strategic planning, financial management, and operational oversight of the assigned property portfolio, ensuring optimal returns for investors. This is a key position within our client's Gauteng operations, directly impacting the success of their real estate assets in the Vereeniging area.

Key Responsibilities

• Develop and execute strategic plans for each property within the portfolio to enhance value and profitability.
• Oversee budgeting, financial reporting, and performance analysis for the entire property portfolio.
• Manage tenant relationships, lease negotiations, and ensure high occupancy rates.
• Coordinate with property management teams, maintenance staff, and external vendors to ensure properties are well-maintained and compliant.
• Conduct regular property inspections and identify opportunities for capital improvements.
• Analyze market conditions and recommend strategic adjustments to leasing and investment strategies.
• Ensure compliance with all legal, regulatory, and leasehold obligations.
• Prepare detailed reports for senior management and stakeholders on portfolio performance, market insights, and financial forecasts for properties in Vereeniging.

Requirements

• A Bachelor's degree in Real Estate, Finance, Business Administration, or a related field.
• Minimum of 5 years of experience in property management, asset management, or portfolio management, preferably in Gauteng.
• Proven track record of successfully managing commercial and/or residential property portfolios.
• Strong understanding of financial principles, budgeting, and investment analysis.
• Excellent negotiation, communication, and interpersonal skills.
• Proficiency in property management software and MS Office Suite.
• Knowledge of relevant property laws and regulations in South Africa.
• Ability to make strategic decisions and manage multiple priorities effectively.

Benefits

• Competitive annual salary and performance-based bonuses.
• Significant responsibility in managing a valuable property portfolio.
• Opportunities for professional growth and career advancement in the real estate sector.
• A collaborative work environment focused on achieving strategic real estate goals in Vereeniging.
• Contribute to the sustained success of a prominent real estate firm in Gauteng.