Senior Asset Manager – Real Estate – Frankfurt/Berlin

Our client has a ‘new approach’ to Real Estate Investment and are a strong, growing pan-European manager. Their portfolio is interesting and varied in it’s composition, and the team are comparatively young , dynamic and certainly very capable. The business is still growing and significantly across a number of European locations.

They are looking for an experienced, high quality Asset Manager to take over and fully manage one or more real estate portfolios . This person will successfully handle the development and implementation of strategic asset management initiatives aimed at raising awareness . They will also look to create value within the portfolio and and take full control of the budget etc. The focus is on residential real estate

This role could be located in either Berlin or Frankfurt

Main responsibilities:

• Implement Asset Management strategy on German related assets
• Supervise and work closely with third parties (asset managers, property managers, brokers, architects, etc…)
• Work closely and communicate with deal teams
• Work to extend/renew agreements with existing tenants
• Monitor marketing activity for vacant spaces and negotiate leases
• Supervise the legal activity related to the lease agreements or any issue related to the building itself
• Ensure that appropriate insurance is in force
• Monitor the state of repair and condition for each property
• Monitor quarterly/annual valuation of the properties and portfolio
• Conduct quarterly financial performance analysis of properties
• Present information as and when required

Collect and manage the financial data of local third party property managers and leasing agents on a monthly basis report:

• Check monthly reporting of the portfolio
• Operating statements compared to the budget and forecast
• Security Deposit Report
• Maintaining the occupancy summary and the rent-roll
• Current and Upcoming Property Activity

Ensure the portfolio reporting for internal requirements and towards third parties:

• Prepare a quarterly and annual reporting of the portfolio
• Prepare an approval with Partners of property operating budgets
• Work on financial analysis, market studies and industry standard reporting (i.e. variance reporting, discounted cash flows, IRR’s, etc.)
• Review of property capex and other modifications
• Disposal proceeds
• Advice relating to the market position of the properties
• Oversee the preparation and coordination of data room
• Implement the exit strategy
• Oversee the asset disposition process
• Participate in meetings with consultancies (solicitor, lawyer, brokers)

Office administration

• Oversee office administration
• Lead local team
• Acquisition
• Participate in the Due Diligence process and analyse the data-room
• Participate in the definition of the Asset Management strategy asset by asset and in modelling assumptions

Requirements:

• 7+  years within Asset Management
• Fluent in German and English
• Economics/Business degree from a top-tier University
• Able to manage several ongoing projects completely autonmously
• Strong analytical and quantitative skills