Search your desired job
- Posted 10 May 2021
- LocationKuala Lumpur
- Job type Permanent
- International Firm
- Dynamic, Growth Platform
- Location: KL, Malaysia
This is a superb, pioneering opportunity to join an exceptional international Group enjoying stellar growth across APAC whilst maintaining its mission toward real estate investment, development, asset and fund management of Greenfield/Brownfield industrial & logistics assets on behalf of its institutional investors. It has built a highly cosmopolitan team and a regional portfolio in excess of US$12bn and its growth will continue apace throughout 2021 and beyond as the company enters new markets, such as Malaysia. A number of new, key appointments are now required, including an Asset Management professional.
Reporting to the Executive Management team, interested candidates will be KL-based whilst holding responsibility for defining and executing asset management strategy for its Malaysia assets including annual budget preparation. In particular, this will include efforts to optimize income and expenditure programs to achieve the highest potential return on investment and sustainable yield on an asset by asset and portfolio basis. The role will include asset planning for new development projects, positioning of the assets including key decisions around asset enhancement (AEI), divestment, marketing and leasing strategy whilst carefully monitoring and managing financial performance (cashflow and asset value) underpinned by a need to review, approve and report matters relating to competitive market strength, revenue, leasing status, rental collection/arrears and risk management (such as, distressed tenants) and underlying P&L. The appointed individuals will support new investment deals at the analysis and due diligence stage whilst preparing for operational hand-over. There will be an ongoing need to prepare market and portfolio reports for investor reporting and subsequent engagement for investor site visits.
Interested candidates will offer an appropriate Degree (Real Estate) complete with 5-8 years’ prior experience within real estate asset management having supported new acquisitions and divestments complete with well-rounded exposure to leasing, AEI, property management and valuations. Exposure to logistics/industrial assets would be beneficial although not essential. Candidates should possess a combination of traits that will include sound financial and commercial competence, strong work ethic and excellent interpersonal skills to forge team collaboration. There is a preference for bi-lingual English and Mandarin proficiency.
In exchange the company will offer a salary in the region of MYR 250,000 – 280,000 plus benefits.