Job Summary
Associate Director, APACReal Estate Investment & Asset Management
Sydney, Australia
We are working with a global investment manager that is looking to add a talented real estate professional, based in Sydney, into their APAC team.
This position is a critical member of the APAC team and will kick start their local platform in Australia. The role is high profile and will assist in executing and implementing the transactions and asset management strategy for direct and joint venture real estate investments; across the APAC region.
Reporting into the Head of Investment and Head of Asset Management, Asia Pacific you will be responsible for leading their growth into the Australian market.
Key responsibilities
- Review financial models and evaluate direct and joint venture real estate investment mainly in Australia with the potential to involve in projects in Asia Pacific.
- Produce investment proposals and support deal team leaders in origination, evaluation, due diligence, and execution of both direct and joint venture real estate investments.
- Conduct market analysis on key markets and sub-markets in the region to support investment evaluation, asset management and formulation of investment/portfolio strategy;
- Analyze various forms of deal structures across the regions supported by financial analysis;
- Support Asia Real Estate Investment team on their real estate-related strategic initiatives and potential new product development and offerings
- Manage the real estate portfolio operations including planning, budgeting, leasing and property management, and building operations in mature Asia markets.
- Develop, recommend, and execute approved plans and strategies for the portfolio with respect to revenues and expenses, capital building projects, physical integrity oversight and leasing;
- Oversee portfolio performance and internal financial and operational benchmarks for each asset and asset class, including but not limited to occupancy levels, projected cash flows, P&L performance NPV and reaching underwriting IRR as well as the organizations Long-Term Return Assumption goals;
- Develop and execute appropriate annual business plan for each asset. Conduct periodic asset level reviews (monthly/quarterly/bi-annual/annual) and analyses of each asset in the portfolio; ensure the asset management system and other systems of record are current and accurate; update asset management plans as appropriate;
- Manage and interface with external parties including JV partners, operating partners, asset managers, leasing agents, property managers and other third-party vendors
- Support the local office set-up, administration and management
Knowledge and experience
- Bachelor’s degree required. Business, Finance, Real Estate, Surveying or related subject preferred.
- 8 years of experience. Ideally in investment banking or Asia Pacific real estate investment in an institutional environment would be preferred.
- Corporate level investment or valuation experiences would have higher priority.
- Strong analytical skills (both quantitative and qualitative).
- Strong attention to details. Able to take ownership and work independently with guidance and supervision from the leadership team.
- Strong risk assessment skills. Ability to compile, monitor, examine, and audit various financial, performance, and/or data reports for accuracy, integrity, and conformance to performance benchmarks.
- Excellent verbal and written communications skills to present to and work with senior management and external clients (at least one additional Asian language preferred).
- Strong interpersonal skills, a passionate and responsible individual, a good team player and a flexible mindset adaptable to changes.
- Network of industry contacts (investment and leasing brokers, investment manager competitors, investment bankers, institutional and non-institutional landlords).
- Proficiency with Microsoft Excel and Argus
