Senior Real Estate Portfolio Manager (Remote)

Placements24; LegKraal Gate; Hybrid; ZAR 1,800,000 - 2,800,000; Full time

Benefits offered by this job

Remote work

Home office stipend

Flexible schedule

Remote collaboration tools

Job summary

Placements24 is seeking a Senior Real Estate Portfolio Manager to lead asset management for a diverse, remote-first portfolio across South Africa, including the North West region near Mahikeng. You will drive performance, budgets, and reporting with autonomy and strategic influence.

The role requires a Master's degree and at least eight years in real estate asset/portfolio management, with strong finance, analysis, and negotiation skills.

Qualifications

• Master's degree in Real Estate, Finance, Business Administration or related field.
• Minimum 8 years of progressive experience in real estate asset/portfolio management.
• Proven track record of optimizing real estate portfolios to meet financial targets.
• Strong knowledge of real estate finance, valuation methods, and market analysis.

Responsibilities

• Develop and implement asset management strategies for a diverse real estate portfolio.
• Monitor performance and identify value enhancement opportunities and risk mitigation.
• Oversee leasing, tenant relations, maintenance, and capex across assets.
• Prepare operating budgets and financial forecasts for each asset.
• Provide regular portfolio performance reports to senior management.

Skills

Leadership

Negotiation

Communication

Strategic thinking

Remote work

Budgeting

Education

Master's degree in Real Estate / Finance / Business Administration

Tools

Real estate software

Financial modeling tools

Job description

About the Role

Our client, a leading real estate investment trust (REIT), is seeking a highly experienced and strategic Senior Real Estate Portfolio Manager to join their fully remote team. This position is instrumental in overseeing and optimizing a significant portfolio of diverse real estate assets. As a remote-first organization, we value autonomy, trust, and the ability to deliver exceptional results from anywhere. You will be responsible for developing and implementing asset management strategies, driving property performance, managing budgets, and ensuring the financial success of the portfolio. The ideal candidate possesses a deep understanding of real estate markets, financial analysis, asset operations, and a proven track record in portfolio management. This role offers the opportunity to make a substantial impact on investment performance within a flexible and supportive remote work environment, managing assets across South Africa, including in the vicinity of Mahikeng, North West .

Key Responsibilities

• Develop and execute comprehensive asset management strategies for a diverse portfolio of real estate properties.
• Monitor and analyze property performance, identifying opportunities for value enhancement and risk mitigation.
• Oversee property operations, including leasing, tenant relations, property maintenance, and capital expenditures.
• Develop and manage annual operating budgets and financial forecasts for each asset.
• Conduct regular property valuations and provide accurate reporting on portfolio performance to senior management.
• Optimize rental income through effective leasing strategies and tenant retention programs.
• Manage relationships with property managers, brokers, tenants, and other third-party service providers.
• Identify and execute disposition strategies for underperforming or non-core assets.
• Ensure compliance with all legal, regulatory, and lease requirements.
• Stay abreast of market trends, economic conditions, and competitor activities affecting the portfolio.
• Lead and mentor junior asset managers and support staff.
• Prepare detailed reports and presentations for investment committee meetings and stakeholders.

Requirements

• Master's degree in Real Estate, Finance, Business Administration, or a related field.
• Minimum of 8 years of progressive experience in real estate asset management or portfolio management.
• Proven track record of successfully managing and optimizing a real estate portfolio to achieve financial targets.
• Strong understanding of real estate finance, valuation methods, and market analysis.
• Expertise in budgeting, financial forecasting, and performance reporting.
• Excellent negotiation, communication, and leadership skills.
• Demonstrated ability to work independently, manage priorities, and drive results in a remote setting.
• Proficiency in real estate asset management software and financial modeling tools.
• Knowledge of various property types (commercial, residential, industrial) and their operational nuances.
• Familiarity with South African property law and market dynamics.
• High level of integrity and commitment to fiduciary duties.

Benefits

• Highly competitive executive salary and bonus structure.
• Comprehensive health, dental, and vision insurance coverage.
• Generous retirement savings plan and long-term incentive opportunities.
• Significant autonomy and flexibility in a fully remote work setting.
• Opportunity to manage a substantial and diverse real estate portfolio.
• Annual budget for professional development and continuing education.
• Company-provided high-performance equipment and home office stipend.
• Collaborative and intellectually stimulating remote work culture.
• Regular virtual team meetings and networking events.
• Be a key contributor to a leading real estate investment trust.