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    Asset Manager - Melbourne, Australia - Hines

    Hines
    Hines Melbourne, Australia

    1 week ago

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    Description

    Overview

    When you join Hines, you will embark on a career journey fueled by vision and guided by leaders who set the standards of our industry. Our legacy is rooted in innovation and excellence, earning us a spot on Fast Company's esteemed annual list of the World's Most Innovative Companies for 2024. Discover endless opportunities to grow and make your mark at Hines.

    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:

  • Eight or more 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 global real estate investment, development and property manager. The firm was founded by Gerald D. Hines in 1957 and now operates in 30 countries. We manage a $93.2B1 portfolio of high-performing assets across residential, logistics, retail, office and mixed-use strategies. Our local teams serve 857 properties totaling over 270 million square feet globally. We are committed to a net zero carbon target by 2040 without buying offsets.


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