About the role

  • Deputy Director of Asset Management leading asset strategies and investment evaluations in global hospitality real estate for Frasers Property Group.

Responsibilities

  • Develop tailored strategies for assigned assets in partnership with property teams and team leads to optimise profitability and cash flow.
  • Lead monthly owner’s meetings with property management teams.
  • Identify value creation opportunities and prepare actionable implementation plans.
  • Review monthly management reports, financial statements, and performance data.
  • Identify, assess, and manage AEIs, including ROI analysis, consultant selection, internal approval submissions, and project oversight to ensure timely and on budget delivery.
  • Review and analyse Annual Operating & CapEx Budgets and prepare submissions for approval.
  • Lead the annual valuation exercise, including managing RFPs and valuation processes.
  • Prepare monthly and quarterly reporting covering asset performance, market trends, and major CapEx updates.
  • Liaise with auditors and external advisors on asset related matters.
  • Prepare approval papers for major AEIs, budgets, and strategic decisions.
  • Support or lead additional projects as required.
  • Involved in origination, evaluation, negotiation and execution of investment and/or divestment transactions.
  • On-going investment management of real estate portfolio in terms of forecasting market conditions and monitoring impact on financial returns.
  • Work with professionals and consultants to review and implement holding structures that are cost and tax efficient to maintain and allow for income expatriation, asset divestments and capital up-streaming in a timely and cost-efficient manner.
  • Keep up to date on developments in the industry and have a good understanding on all aspects of hospitality business
  • Work with legal, financial and other consultants on fund raising and other capital market projects from time to time.

Requirements

  • Extensive experience in the real estate side of the hotel and/or serviced apartment industry, with an in-depth knowledge of the EMEA region.
  • Degree in Real Estate or Hospitality; advanced qualifications such as MBA or CFA are highly advantageous.
  • Proven experience in Asset Management or Hospitality asset related roles.
  • Experience conducting feasibility studies and ROCE analyses.
  • Proficient with market and industry research in hospitality
  • Exceptional written and verbal communication skills.
  • Structured, methodical, and capable of delivering concise, high quality papers and presentations.
  • Strong team player with excellent stakeholder management abilities.
  • Highly analytical with strong attention to detail.
  • Excellent proficiency in Microsoft Office.

Benefits

  • Health insurance
  • Professional development opportunities

Job title

Deputy Director, Asset Management

Job type

Experience level

Lead

Salary

Not specified

Degree requirement

Bachelor's Degree

Location requirements

OnsiteSingapore

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