Asset Manager – Global Real Estate

Our client is global leading Real Estate Investment Firm with a growing international portfolio.

They have a well-established Luxembourg operation and now look for a new Asset Manager to work on properties from multiple locations (mostly Germany).

Main responsabilités:

1.     Asset Management
·     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

2.     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

3.     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

4.     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)

Requirements:

– Fluent German and English
– 3+ years experience
– Real Estate knowledge
– Able to work in Luxembourg