Asset Manager

Job description / Role

Under direction performs a variety of responsible, professional – level duties involved in the acquisition, development, facilities management / administration and disposition of real estate in accordance with the company policies and procedures.

•To develop and recommend asset management policies and procedures;
•To research, develop and implement the project/business plan for the Asset Management function as well as to monitor and provide a report on project budgets.
•Plan, organize and implement work activities to meet established goals and objectives;
•Ensure and maintain compliance with all regulatory, legal, and company obligations.
•Interact or negotiate with tenants or their legal representatives; negotiate purchase, sale or transfer of assets and property rights; to conduct a market analyses of real property and perform a periodic renegotiation of rents.
•Ensure that rental payments are collected and paid on time; inspect and review tenancies for compliance with lease agreements; insurance requirements and other District policies; receive, investigate and contribute to the resolution of tenant or public complaints; oversees tenant improvements, renovation projects and signage.
•Support and share across the company, insight into operating costs, vendor experiences, market intelligence, and general trends to ensure that QD, Labregah are providing the best in class service to our investor partners.
•Develop and maintain annual operating budgets and plans for existing assets, to ensure transparency is provided to the internal team and expectations can be properly managed.
•To prepare reports and draft legal documents.
•To coordinate with and provide asset management information/assistance to other departments and outside agencies/organizations; to respond to any inquiries from internal and external sources; and to represent the department in meetings with developers, contractors, consultants and officials from other jurisdictions.

Accountabilities:
•To ensure property and facilities are developed, managed and maintained to required standards.
•Achievement of occupancy/vacancy targets.
•Efficient monitoring and managing operations-related risks.
•Achieve target customer satisfaction levels.

Requirements

•University Degree with a major in public or business administration, finance, real estate or a closely related field.
•5 years of professional experience involving Asset Management, Real Estate Property development and/or commercial/industrial property leasing.

COMPETENCIES:
•Ability to collect, evaluate and interpret appropriate and applicable real estate data.
•Negotiate effectively across a wide range of real estate asset management functions.
•Apply sound creative problem-solving techniques to resolve difficult asset management issues.
•Understand, interpret, explain and apply laws, regulations, ordinances and policies applicable to assigned real estate programs.
•Understand, interpret and respond to tenant and developer needs and expectations.
•Prepare clear, accurate and comprehensive reports, research studies, feasibility analyses, financial pro forma, correspondence and other documents.
•Prepare legal property descriptions, lease agreements, contracts and other real estate documents.
•Organizational and administrative skills
•Team orientation.

About the Company

Qatar Project Management (QPM) is an independent subsidiary of Barwa Real Estate Development Company that provides expertise in Project Management, Design Management, Construction Management, and Contract Administration together with other associated Project Management functions. Established in 2008, QPM is centralized platform for provision of Project Management services to Barwa and Qatari Diar as well as local and international markets. QPM provides these services through an in-house team of highly-skilled, motivated, and qualified professionals supported by state-of-the-art information technology and highly-effective Project Management systems.