Senior Real Estate Portfolio Manager

Placements24; Midrand; Hybrid; ZAR 1,200,000 - 2,400,000; Full time

Benefits offered by this job

Hybrid work arrangements

Professional development opportunities

Medical aid and retirement fund

Job summary

Placements24 is seeking an experienced Senior Real Estate Portfolio Manager in Midrand, Gauteng. The role focuses on overseeing a diverse portfolio of commercial and residential properties, driving value, and aligning real estate strategies with business goals.

The ideal candidate brings 7–10 years in real estate asset or portfolio management, strong financial modeling and market insight, and proven leadership capabilities to guide a high-performance team.

Qualifications

• 7-10 years of progressive experience in real estate asset or portfolio management.
• Bachelor's degree in Real Estate, Finance, Business Administration or related field; MRICS is advantageous.

Responsibilities

• Develop and implement portfolio management strategies to maximize asset value and profitability.
• Conduct market research and financial analysis to identify opportunities and mitigate risks.
• Oversee property operations: leasing, tenant relations, maintenance, capital improvements.
• Prepare financial reports, budgets, forecasts, and performance analyses for management and owners.
• Manage relationships with brokers, vendors, and service providers.
• Ensure compliance with property laws and contractual obligations.
• Lead and mentor a team of property management professionals.
• Negotiate lease agreements and service contracts.
• Conduct property inspections and site visits to assess condition and identify enhancements.

Skills

Real estate asset management

Portfolio management

Financial analysis

Leadership

Negotiation

Communication

Team management

Travel willingness

Education

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

Master's degree or MRICS (advantage)

Tools

Real estate management software

MS Office Suite (Excel, PowerPoint, Word)

Job description

About the Role

Our client, a leading player in the dynamic South African real estate market, is seeking a highly experienced and results-oriented Senior Real Estate Portfolio Manager to join their esteemed team in Midrand, Gauteng. This pivotal role offers the opportunity to oversee and optimize a diverse portfolio of commercial and residential properties, ensuring maximum value and return on investment. The successful candidate will be instrumental in shaping our client's strategic real estate objectives and driving operational excellence across all managed assets. This position is ideal for a seasoned professional who thrives in a challenging yet rewarding environment and possesses a deep understanding of property management, financial analysis, and market trends. You will be a key liaison between property owners, tenants, and internal stakeholders, fostering strong relationships and ensuring seamless property operations within the Midrand region.

Key Responsibilities

• Develop and implement comprehensive portfolio management strategies to maximize asset value and profitability.
• Conduct in-depth market research and financial analysis to identify investment opportunities and mitigate risks.
• Oversee property operations, including leasing, tenant relations, maintenance, and capital improvements.
• Prepare detailed financial reports, budget forecasts, and performance analyses for senior management and property owners.
• Manage relationships with brokers, agents, vendors, and other third-party service providers.
• Ensure compliance with all relevant property laws, regulations, and contractual obligations.
• Lead and mentor a team of property management professionals, fostering a culture of high performance and continuous improvement.
• Negotiate lease agreements and service contracts to secure favorable terms.
• Conduct regular property inspections and site visits to assess condition and identify areas for enhancement.

Requirements

• A minimum of 7-10 years of progressive experience in real estate asset or portfolio management.
• Proven track record of successfully managing large and complex property portfolios.
• Strong understanding of real estate financial modeling, valuation methodologies, and investment analysis.
• Excellent negotiation, communication, and interpersonal skills.
• Proficiency in real estate management software and MS Office Suite (Excel, PowerPoint, Word).
• A Bachelor's degree in Real Estate, Finance, Business Administration, or a related field is essential. A Master's degree or relevant professional designation (e.g., MRICS) is a significant advantage.
• Demonstrated leadership experience with the ability to manage and motivate a team.
• In-depth knowledge of the Gauteng property market and current economic trends.
• Ability to work effectively both independently and collaboratively in a fast-paced environment.
• Valid driver's license and willingness to travel within the Midrand and surrounding areas as needed.

Benefits

• Competitive annual salary of R .
• Performance-based bonuses and incentives.
• Comprehensive medical aid and retirement fund contributions.
• Opportunities for professional development and further education.
• A dynamic and supportive work environment with a focus on career growth.
• Access to cutting-edge property management technology and resources.
• Generous leave policy.
• Potential for hybrid work arrangements to promote work-life balance.