Portfolio Manager

The role of the Portfolio Manager is to provide ongoing management of the real estate portfolio in their designated market jurisdiction with an ‘ownership’ mentality. You will be a point of contact for stakeholders within the client partner-ecosystems supporting the life cycle of the property. As part of the team, you will help prepare, recommend, and implement the portfolio wide transaction strategy for managing, acquiring, and disposing of real estate properties. You will be responsible for transaction activities for the Client, either directly if below the agreed threshold or working with a broker. You can expect to be involved in the execution of lease renewals, new site acquisitions, disposition of surplus space through subleasing, sale renewals, early lease termination, and more. With the assistance of a back office team you will be responsible for critical date management and ensuring the client meets lease obligations. You will be expected to be proactive and are encouraged to make suggestions that would advantage our client. ESSENTIAL DUTIES AND RESPONSIBILITIES• Develop a comprehensive understanding of the client’s portfolio and real estate needs within your market. • Add value and advise the client on potential real estate opportunities, share real estate best practices, and build strong partnerships with stakeholders via constant communication and relationship management. • Monitors lease expirations and advises on client’s obligations within lease. • Working with colleagues, take responsibility for ensuring the database of all property related documentations, including land deeds, lease contracts and ad-hoc license agreements, and ensure contractual terms are reviewed and abstracted. • Provides budgeting advice & contributes to strategy by managing the OPEX budget related to Client's portfolio, including rents, Government rates, other ad-hoc OPEX (e.g. waiver fees, holdover rents). • Responsible for commercial real estate transactions through managing and partnering with network of CBRE brokers including but not limited to; negotiation of leases and lease amendments. Negotiations of lease renewals within prescribed timeline. Locates and acquires new properties to meet client's requirements and timeline. Disposes of surplus properties within prescribed timeline.• Ensuring transactions project initiation and scope definition, prioritization of assignments, and adherence to client-driven priorities, commitments, and milestones.• Understands how to review, analyse, and interpret financial analysis templates to enable clients to make more informed decisions.• Work closely with Client's other business functions and collaborate with the project management organization & FM to build out and decommissioning space upon the beginning and termination of the lease. • Works closely with the data management team, Project Management team, Facility Management team, and Finance/Accounting team to ensure integration & interlock between the service lines for aligned delivery. • Closely tracks all activity (commissionable and non-commissionable and ensures designated tracking tools are kept up to date as a priority.