Director [South Korea]

 

Location

Seoul

Salary

Excellent Remuneration Package Offered

Job Type

Permanent

Reference

54556

Job Summary

Director – Head of Asset Management
South Korea

We are working with a global real estate investor and operator who are looking to add a senior candidate to their Korea team.

As a Director – Asset Management you will be a critical part of the Asset Management team on all new acquisitions and existing assets across product types within Korea.

Responsibilities:

• Lead the leasing and operations/property management to develop short- and long-term strategies designed to maximize the value and tenant satisfaction of each asset.
• Oversee 3rd party asset managers for the existing 4 logistics/office buildings, c.90,000py portfolio.
• Address day-to-day and mid-level issues; communicate high-level issues to ownership and develop solutions.
• Understand the current value and project future performance of each asset; develop hold/sell recommendation in accordance with ownership’s thesis.
• Create annual property valuation analyses for each asset. Perform market analysis to develop leasing objectives, operating and financial budgets, project plans, and annual plans.
• Monitor property operating and financial performance to ensure established goals and objectives are being achieved. Discuss material variances with Asset Management Company and Property Manager; determine key drivers creating variances.
• Supervise execution of capital projects and tenant improvements.
• Ensure that partnership and loan document requirements are satisfied.
• Review all monthly, quarterly, and annual property reporting required by Owner, Lender and Region.
• Assist in the review of valuation models during acquisition and perform on-going updates.
• Lead building asset management platform in Korea.
• Support and close coordination acquisitions and development/construction management team on new business pursuits.
• Comply with all company policies and procedures.

Qualifications / Requirements:

• Bachelor's degree from an accredited institution; MBA preferred
• Ten or more years of experience in the commercial real estate industry with a preference for office and logistics asset management experience with responsibility for financial analysis, leasing/marketing activity oversight, and execution of strategic plans.
• Native Korean and business level English
• Possess the highest degree of integrity. Be a risk taker.
• Effective interpersonal communication (verbal and written) and listening skills.
• Analytical problem-solving skills capable to undertake detailed analyses and make well-reasoned, decisive recommendations.
• Demonstrate prioritization, organization, and time management skills necessary to balance competing deadlines.
• Ability to multi-task in a complex high-volume environment and competency to work with all levels of management and personnel on critical projects.
• Dedicated team player with a strong sense of ownership

 

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