The Director of Asset Management will be instrumental in steering the strategic performance of the company’s real estate portfolio. Reporting to the Chief Executive Officer, this role focuses on driving initiatives that strengthen asset value, improve occupancy levels, and deliver sustainable revenue growth. The position will lead the asset management function while collaborating closely with internal teams, investors, tenants, and external partners to identify opportunities, enhance portfolio performance, and ensure the assets are managed to the highest standards.

Key Responsibilities

• Lead the development and execution of asset management strategies to optimise portfolio performance, enhance asset value, and deliver sustainable long-term returns.
• Monitor asset performance and market trends to identify opportunities for value creation through repositioning, placemaking initiatives, and operational enhancements.
• Oversee financial performance of assets, including budgeting, forecasting, financial analysis, and performance monitoring against investment targets.
• Conduct feasibility studies and financial assessments to evaluate development opportunities, acquisitions, and asset enhancement initiatives.
• Review tenant performance and implement strategies to improve underperforming tenancies, optimise tenant mix, and strengthen overall asset performance.
• Partner with Property Management and Leasing/Marketing teams to drive tenant curation strategies, revenue optimisation, and capital expenditure planning.
• Build and maintain strong tenant relationships, addressing feedback and identifying opportunities for tenant retention, expansion, and engagement.
• Develop and maintain strong relationships with external stakeholders such as brokers, consultants, and industry partners to support leasing activities and business opportunities.
• Track and analyse property market trends, competitive landscape, and industry developments to identify risks and growth opportunities for the portfolio.
• Lead, mentor, and develop the asset management team, fostering a collaborative and high-performing work environment.
• Prepare and present asset performance reports, market insights, and strategic updates to senior management and investors.

Key Requirements

• Bachelor’s degree in Real Estate, Finance, Business Administration, or a related discipline.
• At least 10 years of relevant experience in real estate asset management or private equity, preferably with exposure to commercial and retail assets.
• Strong knowledge of the Singapore real estate market, including market dynamics, regulations, and industry practices.
• Proven track record in implementing successful asset management strategies and delivering strong financial performance.
• Excellent negotiation, communication, and stakeholder management skills.
• Strong financial and analytical capabilities, with the ability to interpret financial statements, investment models, and market data.
• Demonstrated leadership experience with the ability to manage and mentor a team.
• Highly organised with strong project management skills and the ability to manage multiple priorities effectively.
• Proficiency in financial modelling tools and Microsoft Office applications.
• Professional certifications such as CFA or similar qualifications would be advantageous.

Company Reg No.: 201131609D | License No.: 24S2411 | Reg No.: R21102223 | Goh Choon Mui