Overview

This role is responsible for the management of assets in Greater China to deliver outstanding investment returns within the investment objectives and parameters established. The incumbent will be responsible for managing local relationships and property management teams and will focus on strategically adding value to specific assigned properties. The role is expected to develop strong relationships within the team and across the other real estate functional areas and to establish linkages with the market and external parties that will result in better investment outcomes. This role will also be involved in the broader aspects of the real estate business, including analysis and review of investment opportunities and providing asset management inputs.

Key Responsibilities / Duties:

  • Asset performance of assigned assets in Greater China by targeting income and capital growth through leasing, valuation, development or sales process, in line with agreed strategic objectives
  • Responsible for managing relationships with investment partners and advisors (financial, legal, insurance, real estate consultants etc.)
  • Direct asset management activities to best achieve the return objectives of the client while earning fees for the company
  • Assume responsibility for managing debt financing for assets, including reporting to the financiers on a regular basis and also refinancing assets when the debt matures
  • Develop Annual Business Plans for strategic direction of assets and prepare property operating and capital budgets and leasing plans
  • Identify, propose and implement asset enhancement works including major renovations and repositioning
  • Management of the property managers and plan/supervise marketing and promotional activities
  • Update the investment model, all historic and future cash flows on a quarterly basis to track all forecast investment performance
  • Prepare coherent and accurate financial analysis and investment performance reports for internal and external stakeholders as required
  • Prepare coherent and accurate financial analysis in support of key asset level capital events and investment decisions (major leases, hold/sell analysis etc)
  • Carry out internal valuations and review external valuation reports
  • Take part in the acquisition process, review acquisitions cash flow assumptions and oversee due diligence on asset management related matters
  • Lead and execute all aspects of the disposition process
  • Work with the Investment Teams on the evaluation, negotiation and execution of agreements and other transaction-related legal documentation of SPAs, financing documents, joint venture documents etc
  • Participate in the implementation of Real Connect, GRESB and other specific initiatives
  • Other duties and projects as assigned by the Managing Director, Asset Management

Work Experience / Knowledge:

  • At least 7 years experience in real estate experience in financial modelling, analysis and valuation
  • Proven track record of real estate stakeholder relationship management
  • Experience in asset management of income assets
  • Experience in managing a team of consultants/service providers to carry out asset enhancement works from concept, feasibility, construction, financing to lease up/sale
  • Proven skills in financial modelling and property valuation using Excel and specialist real estate software applications like Argus, Estate Master and¬†Yardi

Skills / Other Personal Attributes Required:

  • Excellent interpersonal and communication skills (oral and written)
  • Ability to speak, read and write good English
  • Strong analytical and numerical ability
  • Shows Drive / Initiative
  • Exhibits Integrity
  • Client Focus
  • Commercially astute
  • Flexible, adaptable, can-do attitude
  • Highly motivated with a professional manner
  • Committed to high standards with a focus on attention to detail
  • Confident decision making and ability to be proactive
  • Ability to meet tight deadlines and work well under pressure
  • Proven experience in organising and managing multiple priorities
  • Team player who enjoys a high performance culture
  • Ability to manage and motivate a team to achieve high performance
  • Ability to organize and manage service providers and consultants to deliver major asset enhancement works

Formal Education: (minimum requirement to perform job duties)

  • Relevant tertiary qualification

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.

Source: Invesco’s Career Page

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About Invesco Real Estate

Invesco Ltd. is a privately-owned investment management company based in Atlanta, Georgia. Founded over 70 years ago, the company is relied on by institutional investors across the world to manage their various invested assets. The company currently has over $800 billion in assets under management managed by over 6,000 employees in 11 countries.

Invesco Real Estate (IRE) was established in 1983 as the real estate investment division of Invesco Ltd. IRE manages a real estate portfolio of $67.8 billion (as of 12.31.16) with CRE investment teams in 21 locations around the world covering properties in North America, Asia, and Europe.

The Invesco Real Estate Team is made up of 447 employees, managing investments in direct real estate, real estate securities including both equity and debt, infrastructure securities, and master limited partnerships. Employees work out of offices in Atlanta (HQ), Dallas, Newport Beach, New York, San Francisco, London, Paris, Munich, Prague, Madrid, Hong Kong, Shanghai, Tokyo, Singapore, Seoul, Luxembourg, Beijing, Sydney, Warsaw, Milan, and Hyderabad.