Senior Real Estate Asset Manager

Placements24; East London; On-site; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Competitive salary

Performance bonus

Medical aid

Retirement fund

Annual leave

Company vehicle

Job summary

Placements24 client in East London is seeking a Senior Real Estate Asset Manager to oversee a diversified property portfolio and maximize value.

You will develop and implement asset management plans, manage leasing, supervise property operations, and ensure strong financial performance. This on-site role requires extensive SA market knowledge and the ability to build relationships with tenants, managers, and stakeholders.

Qualifications

• Bachelor’s degree required in Real Estate, Finance, Business Administration, or related field.
• Minimum 6 years of progressive experience in real estate asset or property management.
• Proven track record of enhancing value in commercial and/or residential portfolios.
• Strong financial acumen including budgeting, modeling, and performance analysis.
• Excellent understanding of leasing, operations, and SA market dynamics including East London.
• Proficiency with property management software (Yardi, MRI) and MS Office.
• Excellent communication, negotiation, and interpersonal skills.
• Independent, decisive, and able to manage multiple priorities.
• Detail-oriented with strong organizational skills.
• Must be able to work full-time from East London office.

Responsibilities

• Develop and execute strategic asset management plans to optimize property performance and value.
• Oversee financial management of properties: budgeting, forecasting, variance analysis.
• Manage leasing activities: negotiations, tenant relations, lease administration.
• Coordinate property operations: maintenance, repairs, capital improvements, vendor management.
• Conduct regular property inspections and performance reviews.
• Monitor market trends, rental rates, and competition in East London.
• Identify value-add opportunities through renovations or repositioning.
• Ensure compliance with legal, regulatory, and environmental requirements.
• Prepare asset performance reports for senior management and investors.
• Manage relationships with third-party property managers, brokers, and service providers.
• Oversee dispositions when strategic decisions are made.

Skills

Financial analysis

Strategic planning

Property management

Leasing management

Negotiation

Stakeholder management

Education

Bachelor’s degree in Real Estate/Finance/Business

Tools

Yardi

MRI

MS Office

Job description

About the Role

Our client, a prominent real estate investment firm, is seeking a seasoned Senior Real Estate Asset Manager to oversee a diverse portfolio of properties in the East London, Eastern Cape area. This role is critical for maximizing the value and performance of the company's real estate assets through strategic management and operational oversight. You will be responsible for developing and implementing asset management plans, managing leasing activities, overseeing property operations, and ensuring strong financial performance. The ideal candidate will possess extensive experience in property management, financial analysis, and strategic planning within the real estate sector, with a strong understanding of the local market dynamics in East London . This is an on-site position requiring a proactive approach and the ability to foster strong relationships with tenants, property managers, and other stakeholders. You will play a key role in driving profitability and long-term value for the company's portfolio in the Eastern Cape . This position requires full-time commitment within our East London office.

Key Responsibilities

• Develop and execute strategic asset management plans to optimize property performance and value.
• Oversee the financial management of properties, including budgeting, forecasting, and variance analysis.
• Manage leasing activities, including lease negotiations, tenant relations, and lease administration.
• Coordinate property operations, including maintenance, repairs, capital improvements, and vendor management.
• Conduct regular property inspections and performance reviews.
• Monitor market trends, rental rates, and competitor activities in the East London market.
• Identify and implement value-add opportunities through renovations, repositioning, or other strategic initiatives.
• Ensure compliance with all legal, regulatory, and environmental requirements.
• Prepare detailed asset performance reports for senior management and investors.
• Manage relationships with third-party property managers, brokers, and service providers.
• Oversee property dispositions when strategic decisions are made.

Requirements

• Bachelor's degree in Real Estate, Finance, Business Administration, or a related field.
• Minimum of 6 years of progressive experience in real estate asset management or property management.
• Proven track record of successfully managing and enhancing the value of commercial and/or residential real estate portfolios.
• Strong financial acumen, with expertise in budgeting, financial modeling, and performance analysis.
• Excellent understanding of real estate leasing, operations, and market dynamics, particularly in the South African context and specifically East London .
• Proficiency in property management software (e.g., Yardi, MRI) and MS Office Suite.
• Exceptional communication, negotiation, and interpersonal skills.
• Ability to work independently, make sound decisions, and manage multiple priorities effectively.
• Detail-oriented with strong organizational and problem-solving abilities.
• Must be able to commit to full-time work from our East London office.

Benefits

• Competitive salary and attractive performance-based bonus structure.
• Comprehensive medical aid and retirement fund provisions.
• Generous annual leave and paid public holidays.
• Opportunities for career advancement and professional development.
• Direct impact on a significant and growing real estate portfolio.
• A stable and supportive work environment in East London .
• Company vehicle or travel allowance.
• Regular team meetings and opportunities for professional networking.