Vice President/ Director Of Real Estate

Petaling Jaya, Selangor, Malaysia

Job Description


About The Job Vice President/ Director Of Real Estate Our Client is one of the largest private education groups in Malaysia with an unsurpassed track record built up over the last six decades. A leading private educational provider in Malaysia. As part of their growth plans, they are seeking to hire dedicated, and experienced Vice President/ Director of Real Estate to be part of their team. The chosen candidate will play a crucial role in leading and driving the successful commercial leasing of various property types, including retail outlets, office premises, and specialized education properties. Responsibilities: Strategic Real Estate Planning and Collaborative Ventures Serve as a trusted advisor, offering expertise and guidance on real estate matters, including market trends, investment opportunities, and risk assessment. Establish and cultivate strategic partnerships with key stakeholders, including property developers, tenants, operators, brokers, and government agencies, to enhance the organization\'s real estate portfolio. Conduct market research and analysis to identify emerging trends, evaluate competition, and assess the feasibility of potential real estate ventures. Lead negotiations and deal structuring, including lease agreements, acquisitions, and joint ventures, ensuring favourable and equitable terms and conditions. Lead cross-functional teams through leadership and guidance to a team of real estate professionals, including internal and external team members, fostering a collaborative environment to achieve organizational objectives. Leasing & Sales Manage and direct the daily activities of the leasing and sales operations in accordance with organization policies and standards. Lead the leasing and sales functions, which include reviewing and negotiating lease and sales transactions and agreements. Ensure property is rented to fullest capacity and strategies to optimize portfolio value. Increase productivity and budgetary performance of the leasing and sales operations department. Monitor trends for competition in the marketplace. Conduct regular strategic networking both internally and externally to build an arms-distance relationship with strategic retail partners and existing partnerships in place across the portfolio. Interface with the Legal function (both external and internal) to manage lease and sales preparation, lease comment review, and overall business terms. Continually monitor and analyse traffic logs, conversion ratios, budget guidelines, renewal information, marketing data, etc. Ensure regular reporting and updates on progress is available upon request. Financial Demonstrate ability to understand financial goals, operate asset in owners best interest in accordance with Policies & Procedures Manual. Maintain accurate records of all community transactions and submit on timely basis (i.e., rent rolls, delinquency reports, move-in/move-outs, etc.). Prepare annual budgets and income projections in a timely and accurate manner Administrative/Documentation Prepare and/or implement procedures and systems within company guidelines to ensure orderly, efficient workflow. Confirm all leases and sales and corresponding paperwork are completed and ensure all input to software System (timberline) accurately and on a timely basis. Ensure all administrative paperwork is accurate, complete and submitted on a timely basis. Tenant Retention Deal with tenant concerns and requests on timely basis to ensure resident satisfaction with management. Develop and/or implement tenant retention programs (i.e., resident functions, special promotions, monthly newsletters, etc.). Consistently implement policies of the community. Tenancy Management & Credit Control & Events Tenancy Management Responsible for tenant management which includes maintaining good landlord and tenant relationship & contact, working through solutions to meet Tenants requests. Monitor all tenants requests such as issues relating to change of business operating hours and business sustainability. Review, evaluate and implement tenancy management and processes are kept in compliance with tenancy SOP and propose for amendments and changes in procedures in ensuring transparency and good governance. Overseeing the Yield up process of the tenants after the completion of tenancy tenure. Credit Control Oversee and responsible for managing all credit control related to tenants and compliance to SOP of the Company & collection escalation process. Responsible for ensuring receivables are collected timely and in an efficient manner resulting in low delinquency rates. Liaise with Legal Department/lawyer for any bad debts recovery from Tenants. Collaborate with customers to facilitate progression of collection activities; monitor collection progress, intervene appropriately to ensure collection actions are focused and efficient. Extract, consolidate and prepare periodic reports on Occupancy & Collection Status and Departmental Income for Management Meeting and for Business Performance Meeting. Report on and develop action plans to improve collection KPIs. Events Overseeing the Events promotion activities to enhance revenue and potential earnings for Company Plan and implement/organize right programs or events for client companies The ideal candidate is a seasoned professional with a comprehensive understanding of diverse property types , expertise in retail advisory and property market research, exceptional stakeholders management skills, vast leasing experience, and a strong background in real estate capital market transactions. Key Requirements: Master/Bachelors degree in Business Administration, Marketing, Real Estate or equivalent with minimum 15 years of working experience. Related Experience: Thorough knowledge of management principles, practices and procedures including landlord/tenant practices and laws. Solid background of experience and an impressive record of innovation and attainment of goals in complex organizations, especially in a global enterprise environment and matrix organizations. Experience in directing and managing within a dynamic and challenging environment, working inclusively through people in a multi-cultural environment to achieve shared objectives. Strong change management and leadership skills. Pleasant personality. Dedicated and trustworthy. Diligent and self-motivated. Upholds organizational values. Has a strong sense of responsibility. Strong interpersonal and relational skills. Excellent written and verbal communication skills. Remunerations & Benefits Min Basic Salary RM22,000 to RM25,000 Those with direct industry experience with higher salary bracket will be considered Car Allowance: RM800 per month Opportunity for career growth Consultants-in-charge Alison Perera | 012-6515688 | [HIDDEN TEXT] Alyssa Paulose | [HIDDEN TEXT]

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Job Detail

  • Job Id
    JD980231
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Petaling Jaya, Selangor, Malaysia
  • Education
    Not mentioned