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This role is responsible for assisting the Asset Management Team to deliver outstanding investment returns within the investment objectives and constraints established. The role will focus on strategically adding value to their assigned properties through leasing, capital expenditure, valuations and operational expense management. The assets will likely be office, industrial and large format retail but may include other asset classes. This role will also be involved in the broader aspects of the real estate business, including research, and analysis and review of investment and divestment opportunities.
Initially, the successful candidate will work with the Senior Asset Managers while they develop their skills, gain knowledge and hone their understanding of the portfolio. The successful candidate will be expected to progressively take direct responsibility for their portfolio while continuing to have support and guidance from the Senior Asset Managers.
This role is responsible for assisting the Asset Management Team to deliver outstanding investment returns within the investment objectives and constraints established. The role will focus on strategically adding value to their assigned properties through leasing, capital expenditure, valuations and operational expense management. The assets will likely be office, industrial and large format retail but may include other asset classes. This role will also be involved in the broader aspects of the real estate business, including research, and analysis and review of investment and divestment opportunities.
Initially, the successful candidate will work with the Senior Asset Managers while they develop their skills, gain knowledge and hone their understanding of the portfolio. The successful candidate will be expected to progressively take direct responsibility for their portfolio while continuing to have support and guidance from the Senior Asset Managers.
Work with the Senior Asset Managers to develop strategic asset plans for each asset (including highest and best use assessments, hurdle assessments and divestment strategy).
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Work with the investment teams to fully understand the position of each asset in its respective market from a leasing and investment perspective and underlying factors which may influence it, such as governmental initiatives, public infrastructure etc.
Oversee the management of the assets so the portfolio is strategically positioned to add value.
Preparation of annual budgets and reporting on performance against targets (monthly and quarterly)
Build strategic internal and external partnerships and relationships outside and within the organisation to create opportunities and collaboratively execute business strategies.
Build and maintain schedule of market intelligence which may include competitors, deals done and enquiry.
Management of property/facilities management contractor performance in accordance with the contract, brand and operational guidelines and service level expectations and set performance criteria.
Participate in monthly management meetings to ensure accuracy in accounting, tenancy schedules and capex schedules, review leasing progress, maintain/improve facility usability and presentation.
Contribute to the strategic evaluation of any new value add opportunities.
Participate in leasing meetings, working closely with the appointed leasing team on the execution of the leasing strategy (including marketing, premises presentation and market assessments). .
Performing property site inspections to ensure the required health and safety standards are maintained as well as compliance with any outsourced property management agreement and presentation standards.
Oversee the site mobilisation leading up to practical completion of select development sites.
Support capex projects including contract administration.
Work with development teams and any external consultants to contribute to the effective delivery of the projects and operational plans through to management of commissioning.
Participate in the annual property budgeting process.
Review monthly management reports to track income and expense performance.
Ensure up to date market rent analysis/benchmarking is regularly undertaken and informs leasing outcomes at the assets.
Identify and co-ordinate the instigation of ancillary revenue streams.
Participate in valuation process including review of valuation reports.
Maintain and further develop external partnerships with key stakeholders.
Conduct regular site visits to ensure all properties are operating efficiently and under company policies and procedures and in line with any outsourced provider agreement.
Support proactive tenant engagement by building strong relationships, responding promptly to tenant inquiries, and assist with initiatives that enhance tenant satisfaction and retention.
Support and implement where possible ESG requirements for each asset in line approved ESG Framework.
Meet the legal and regulatory obligations of the Trustee and Manager of the respective Funds and Joint Venture agreements.
Adhere to the policy and procedures of the organisation and contribute to a positive culture within Barings and with its partners and investors.
Barings is an alternative asset manager serving institutional, insurance, and wealth clients across credit and real assets.
Visit company websiteJobs and hiring trendsFull-time
Mid · 2+ years experience
Onsite
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