Asset Manager (Retail)

The Asset Manager (Retail) will be the part of the team in well established, leading real estate investment firm in Warsaw and will support Head of Operations with their reporting duties.

Your tasks would include:
• responsibility for the performance of assets in his/her local/regional portfolio through active management of properties in accordance with the portfolio strategy;
• responsibility for the (future) value growth of the property and cash flow as defined by Portfolio/Fund management.
• Integration of the tasks of the Property Manager and local finance team regarding the asset management tasks;
• defining and executing the precise business plan and budget of the assigned properties in accordance with portfolio/fund strategy. Asset manager is responsible for introduction of changes and investment ideas focusing on complying of his/her portfolio with business plan and/or strategy of portfolio of a fund, e.g.;
• optimizing the cash flow distribution through tenant management (selection, occupancy rate), securing rent levels and optimising landlord costs;
• managing value growth through optimizing rental income via proper tenant selection process and setting relevant financial conditions;
• managing and identifying potential extension and redevelopment possibilities of properties to increase (future) value;
• identifying segmented tenant groups, acquires and retains selected tenants as long as possible;
• managing property strategy (marketing, property management);
• responsibility for regular and detailed analysis of performance of asset(s)/portfolio assigned to him/her, performance outlook of his/her asset(s)/portfolio. Is responsible for budgeting and outlook/projection process (Mid Term Plans, Forecasts, Reconciliations);
• leading negotiations and managing relationship with anchor tenants and other important tenants;
• responsibility for providing accurate data for internal and external valuations, Coordinates data exchange for external valuation and desk top valuation;
• responsibility for tight cost management with prime focus on cost efficiency on all levels of operation and asset management with main target to maximise NOI of her/his assets;
• responsibility for accurate Asset Management reporting in cooperation with property accountant and analyst;
• managing and evaluating (in cooperation with portfolio/fund manager) the performance of the local Property Manager(s);
• processing transactions related to his current or future portfolio in close cooperation and under the supervision of the acquisition/disposal manager. Is responsible to manage the process in the way to maximise result of the transaction
• providing presentations of performance of his/her asset(s)/portfolio