Job Description

We are looking to hire a Vice President to lead the asset management team at PropShare. As a VP (Asset Management), you will be a key member of the executive senior management team with the overall responsibility for managing PropShare's existing real estate portfolio. This is a unique role that requires the individual to work directly with real asset asset partners and portfolio companies to maximise the value of the underlying real estate for our investors.

Reporting : You will be reporting to the CEO.

Key Responsibilities :

- Lead a team of asset management professionals in strategizing, managing and implementing key initiatives for PropShare's existing and future portfolio of real estate assets and businesses.

- Work collaboratively with joint venture partners, property managers and consultants in leasing vacant units in the portfolio.

- Demonstrate strong and clear judgement in underwriting and negotiating rents, lease tenures, lock-ins, escalations and other lease structures while creating value for investors with respect to the original underwritten business plan and model.

- Work closely with existing tenants and their respective real estate teams to streamline invoicing, rent collection, lease expiries and rent escalations in-line with the tenancy agreement in-place and avoid disruptions in rent distribution to investors.

- Manage and report quarterly valuations of all portfolio assets in collaboration with external valuation agents.

- Conceptualise, ideate and initiate ways to improve net operating income at the portfolio level by adding newer streams of revenue, improving rental yields and extending lease expiries.

- Onboard tenants in new acquisitions quickly and effectively thereby reducing disruptions in rent distributions for investors.