Property Investment Manager Job in Kenya

Property Investment Manager

Reporting to the Chief Investment Officer, the Property Investment Manager shall be responsible for creating and overseeing asset management strategies for investment properties owned by STANLIB’s clients; and will also be engaged ¡n assisting in driving STANLIB’s real estate agenda and strategy across East Africa. 

Key Duties and Responsibilities:
  • Actively lead engagements with clients in their property investment activities in East Africa.
  • Maximise returns for real estate assets under management through the analysis of property efficiencies and identifying opportunities for 1m proved performance.
  • Work closely with various property service providers and consultants to provide direction and oversight of business plans and asset strategies for the properties.
  • Negotiate third party contracts.
  • Create and maintain appropriate property performance evaluation metrics and reports.
  • Evaluate the suitability of existing and proposed client property investments.
  • Generation and maintenance of property investment proposals and deal pipeline and presentation of the same to clients.
  • Provide pre-acquisition input in the due diligence process including review of financial and operating assumptions; model full life cycle financial analysis for each asset from acqusition to disposal; and manage the integration of assets post acquisition.
  • Oversee the asset disposal process.
  • Actively assist in leading and driving various forums and initiatives aimed at shaping STAN LIB’s real estate investment strategy in East Africa.
  • Carry out property market research and analysis across the larger Eastern African region.
  • Lead and drive engagements with relevant regulators and real estate professionals for purposes of product design, development and compliance.
Qualifications and Competencies:
 
The ideal candidate should possess the following academic and professional qualifications and experience:
  • An undergraduate degree in Building Economics, Land Economics, Architecture, Property Management, Valuation or any other property related discipline from a recognized university; postgraduate qualifications in a relevant discipline will be an added advantage.
  • Professional registration with a recognized professional body/regulator.
  • Minimum of 5 years experience in commercial real estate analysis/management; experience in property management/leasing/project management is desirable.
  • A thorough understanding of the East African property market dynamics and trends.
  • Solid analytical and organizational skills and ability to multi-task.
  • Proactive thinking with detail-oriented and creative problem solving approach.
  • Ability to work independently and as part of a team.
  • Proficiency in modelling property investments in Excel and/or Argus.
  • Excellent verbal communication skills and report writing skills including proficiency in MS Word and PowerPoint.
  • Involvement in the management or development of pensions and insurance property assets will be an added advantage.
Tel: +254 020 326 8508
 

Email: sinvestments@stanbic.com