Asset Manager - Melbourne, Australia - Hines

Hines

Verified Company

Melbourne, Australia

2 weeks ago

Posted by:

Olivia Brown

beBee Recruiter

Description

Overview:

When you join Hines, you will work alongside innovative leaders who set the standards responsible for our reputation as an industry leader today, and you'll be a part of shaping our future in the years to come.

Responsibilities:

As the Asset Manager for Hines, you will be responsible for identifying and implementing opportunities to create value and generate incremental returns in the Hines portfolio of Australian real estate assets (commercial and industrial) and driving their performance.

This includes asset strategy, leasing (new and renewals) and tenant relations and co-ordination, leading capital expenditure projects, overseeing performance of management services team and involvement in future sale and disposition strategies.

Responsibilities include, but are not limited to:

Supervising performance of operations and management services team in meeting targets/budgets and compliance with the Property Management Agreement.
Prepare, implement, and monitor the annual property budgets for income, operating and capital expenditure
Maintain, review, and refine asset management strategy, including tenancy information, lease expiry profile and rent reviews.
Implement annual asset management business plans and develop asset management strategies focusing on increasing value and returns.
Working closely with the development team to execute capital expenditure projects and refurbishments on existing assets.
Maintain effective communications with investors and / or fund team on individual assets, which includes periodic reporting requirements.
Identify and implement value added opportunities for existing properties and preparation of business case supporting such opportunities.
Supervising and coordinating in conjunction with the Director, Leasing, all aspects of the leasing process including HOA and Lease preparation and negotiation with tenant reps, leasing agents and tenants directly.
Assist in marketing strategy and implementation, including working with marketing agencies.
Coordinate and drive performance of asset valuations.
Work with acquisition and development teams to help underwrite new investment opportunities.
Support the acquisition team's pursuit and operational transition of new investment opportunities.

Coordination and communication both up and down the organisation to maximize efficiencies and investment returns, including nurturing relationships with tenants/clients and internal stakeholders.

Qualifications:

Minimum Requirements include:

At least 810 years' relevant experience.
Tertiary degree in either Property, Land Economics or equivalent property or valuation qualification. Detailed understanding of cash flow analysis, valuation, and modelling tools.
Detailed understanding of accounting principles with particular reference to accrual accounting.
Sound knowledge of asset management, including a strategic overview and capacity to add value.
Excellent written and oral communication and presentation skills.
Sound negotiation and interpersonal skills.
Demonstrated customer service focus with proven ability to work in partnership with clients, establish relationships, anticipate client needs and ensure services meet client needs.

Closing:

Hines is a privately owned global real estate investment, development, and management firm, founded in 1957, with a presence in 384 cities in 30 countries and $93.2 billion of assets under management and more than 109 million square feet of assets for which Hines provides third-party property-level services.

We are an equal opportunity employer and support workforce diversity.