Vice President/ Director of Real Estate

About The Job Vice President/ Director Of Real Estate

Our Client is one of the largest private education groups in Malaysia with an unsurpassed track record built up over the last six decades. A leading private educational provider in Malaysia. As part of their growth plans, they are seeking to hire dedicated, and experienced Vice President/Director of Real Estate to be part of their team.

The chosen candidate will play a crucial role in leading and driving the successful commercial leasing of various property types, including retail outlets, office premises, and specialized education properties.

Responsibilities:

Strategic Real Estate Planning and Collaborative Ventures

• Serve as a trusted advisor, offering expertise and guidance on real estate matters, including market trends, investment opportunities, and risk assessment.
• Establish and cultivate strategic partnerships with key stakeholders, including property developers, tenants, operators, brokers, and government agencies, to enhance the organization's real estate portfolio.
• Conduct market research and analysis to identify emerging trends, evaluate competition, and assess the feasibility of potential real estate ventures.
• Lead negotiations and deal structuring, including lease agreements, acquisitions, and joint ventures, ensuring favourable and equitable terms and conditions.
• Lead cross-functional teams through leadership and guidance to a team of real estate professionals, including internal and external team members, fostering a collaborative environment to achieve organizational objectives.

Leasing & Sales

• Manage and direct the daily activities of the leasing and sales operations in accordance with organization policies and standards.
• Lead the leasing and sales functions, which include reviewing and negotiating lease and sales transactions and agreements.
• Ensure property is rented to fullest capacity and strategies to optimize portfolio value.
• Increase productivity and budgetary performance of the leasing and sales operations department.
• Monitor trends for competition in the marketplace.
• Conduct regular strategic networking both internally and externally to build an arms-distance relationship with strategic retail partners and existing partnerships in place across the portfolio.
• Interface with the Legal function (both external and internal) to manage lease and sales preparation, lease comment review, and overall business terms.
• Continually monitor and analyse traffic logs, conversion ratios, budget guidelines, renewal information, marketing data, etc.
• Ensure regular reporting and updates on progress is available upon request.

Financial

• Demonstrate ability to understand financial goals, operate asset in owners best interest in accordance with Policies & Procedures Manual.
• Maintain accurate records of all community transactions and submit on timely basis (i.e., rent rolls, delinquency reports, move-in/move-outs, etc.).
• Prepare annual budgets and income projections in a timely and accurate manner

Administrative/Documentation

• Prepare and/or implement procedures and systems within company guidelines to ensure orderly, efficient workflow.
• Confirm all leases and sales and corresponding paperwork are completed and ensure all input to software System (timberline) accurately and on a timely basis.
• Ensure all administrative paperwork is accurate, complete and submitted on a timely basis.

Tenant Retention

• Deal with tenant concerns and requests on timely basis to ensure resident satisfaction with management.
• Develop and/or implement tenant retention programs (i.e., resident functions, special promotions, monthly newsletters, etc.).
• Consistently implement policies of the community.

Tenancy Management & Credit Control & Events

Tenancy Management

• Responsible for tenant management which includes maintaining good landlord and tenant relationship & contact, working through solutions to meet Tenants requests.
• Monitor all tenants requests such as issues relating to change of business operating hours and business sustainability.
• Review, evaluate and implement tenancy management and processes are kept in compliance with tenancy SOP and propose for amendments and changes in procedures in ensuring transparency and good governance.
• Overseeing the Yield up process of the tenants after the completion of tenancy tenure.

Credit Control

• Oversee and responsible for managing all credit control related to tenants and compliance to SOP of the Company & collection escalation process.
• Responsible for ensuring receivables are collected timely and in an efficient manner resulting in low delinquency rates.
• Liaise with Legal Department/lawyer for any bad debts recovery from Tenants.
• Collaborate with customers to facilitate progression of collection activities; monitor collection progress, intervene appropriately to ensure collection actions are focused and efficient.
• Extract, consolidate and prepare periodic reports on Occupancy & Collection Status and Departmental Income for Management Meeting and for Business Performance Meeting.
• Report on and develop action plans to improve collection KPIs.

Events

• Overseeing the Events promotion activities to enhance revenue and potential earnings for Company
• Plan and implement/organize right programs or events for client companies

The ideal candidate is a seasoned professional with a comprehensive understanding of diverse property types, expertise in retail advisory and property market research, exceptional stakeholders management skills, vast leasing experience, and a strong background in real estate capital market transactions.

Key Requirements:

• Master/Bachelors degree in Business Administration, Marketing, Real Estate or equivalent with minimum 15 years of working experience.
• Related Experience:
• Thorough knowledge of management principles, practices and procedures including landlord/tenant practices and laws.
• Solid background of experience and an impressive record of innovation and attainment of goals in complex organizations, especially in a global enterprise environment and matrix organizations.
• Experience in directing and managing within a dynamic and challenging environment, working inclusively through people in a multi-cultural environment to achieve shared objectives.
• Strong change management and leadership skills.
• Pleasant personality.
• Dedicated and trustworthy.
• Diligent and self-motivated.
• Upholds organizational values.
• Has a strong sense of responsibility.
• Strong interpersonal and relational skills.
• Excellent written and verbal communication skills.

Remunerations & Benefits

• Min Basic Salary RM22,000 to RM25,000
• Those with direct industry experience with higher salary bracket will be considered
• Car Allowance: RM800 per month
• Opportunity for career growth

Consultants-in-charge

Alison Perera | 012-6515688 | [Confidential Information]

Alyssa Paulose | [HIDDEN TEXT]