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Logistics Real Estate Asset Manager

Ref: JN -092018-63118
Salary
Negotiable + Highly competitive + bonus
Location
Middle East & North Africa, Dubai and the Northern Emirates
Sector
Property & Real Estate, Asset Management (Real Estate)
Date
1st October 2018
Job Type
Permanent

Cobalt are working with one of the leading real estate investment firms in the UAE who have a multi-million USD portfolio with several new assets about to be acquired. We have been mandated to find a new seasoned Asset Manager to join the Investment Team and develop an asset management function.

The portfolio is predominantly based in Dubai and consists of warehouses, high-tech logistics, and distribution centers. This is an exciting new role for an Asset Manager who can work autonomously but within a talented team, who has ambitions in helping to grow and lead a team whilst retaining the hands-on functions all good Asset Managers thrive on.

Job responsibilities;

  • Work closely with the CEO and head of Investments to manage the growing portfolio of real estate assets across the UAE.
  • Account for the Profit & Loss of the properties under their purview.
  • Improve revenue management and revenue generating capabilities of the properties managed.
  • Manage the cost of operations and maintain the desired level of property services commensurable with the positioning of the properties.
  • Design and deliver the desired level of customer care and services to enhance customer loyalty and command price premium.
  • Initiate asset enhancement initiatives to improve returns on the properties.
  • Perform other duties which include;
    • Oversee negotiation and execution of leases, as well as other lease management related matters such as property, tax and credit control.
    • Involved in customer relationship management such as maintaining tenant contact, working through solutions to meet requests.
    • Maximize value of properties through formulation, development and implementation of strategies for marketing, leasing and asset enhancement.
    • Manage and control operating expenses to maximize New Property Income for properties.
    • Review existing policies and practices to achieve desired results for assets managed.
    • Formulate annual budgeting for new financial year.
    • Responsible for putting up proposals/papers and updating of reports.

Requirements;

  • Degree in business, finance, real estate or equivalent.
  • Minimum of 10 years of relevant asset management experience with a good understanding of the UAE market.
  • Exposure in managing logistics, light industrial or warehouse properties is essential.
  • Team player with good interpersonal and communication skills.
  • Demonstrate the ability to interact and liaise with all levels of management and build strong relationships.
  • A self-starter with a "can-do" hands-on attitude.

The criteria listed above will be strictly applied. If you feel you meet the requirements, you are respectfully requested to submit your CV in Microsoft Word format.

Reg. No: R1764400

Lic. No: 12C6031

Cobalt are specialists in the real estate market.

If this role is not of interest, please feel free to register with your cv so you can be considered for any roles as soon as they become available. Alternatively, you can also register for job alerts via email.

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