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Real Estate Portfolio Manager
2 months ago
About BGIS
BGIS is a leading provider of customized facility management and real estate services. With our combined team of over 6,500 globally, we relentlessly focus on enabling innovation through the services we deliver, while actively looking for new opportunities that will enable innovation for our clients' businesses. Globally, we manage over 320 million square feet of client portfolios across 30,000+ locations in North America, Europe, Middle East, Australia and Asia.
Job Summary
The Account Manager is responsible for developing and executing real estate acquisition, renewal and disposition strategies for assigned portfolio of properties. At this position level:
- Portfolios are typically of high complexity and volume.
- May be responsible for multiple client portfolios as well as assist with business development plans to achieve corporate objectives.
Key Responsibilities
Client Management
- Understands clients' objectives, business drivers and needs in order to develop and recommend real estate acquisition, renewal and/or disposition strategies that meets the clients' needs and optimizes the value delivered to the client.
- Collaborates with relevant concerned parties to ensure all service delivery obligations are met and executed in accordance to all requirements.
- Develops and maintains effective relationships with all relevant concerned parties including but not limited to clients, brokers, landlords and real estate industry professionals.
Analysis and Strategy Recommendation
- Conducts analysis and develops business cases to support recommendations.
- Develops, recommends and executes approaches to reduce occupancy costs.
- Maintains current awareness of industry practices and trends.
- Assist with business development plans to achieve corporate objectives.
Real Estate Acquisition, Renewal and Disposition
- Performs all aspects of real estate acquisition, renewal and disposition activities including but not limited to:
- Managing all relationships including client, landlord and broker. Acts as primary interface for all transaction matters.
- Researching and recommending real estate properties that align with the client's real estate strategy and needs.
- Performing market research to understand real estate market trends.
- Conducting due diligence reviews.
- Marketing surplus properties for disposal.
- Conducting property tours.
- Conducting related analysis and preparing reports.
- Executing renewal and disposition activities according to critical dates and ensuring that disposition-related recoveries and targets are achieved.
- Conducting all related negotiations.
- Coordinating and/or undertaking the preparation of all related documentations and information including but not limited to market information packages, offers to lease, letters of intent, etc.
- Reviewing and negotiating related documentations such as offers to lease, renewal agreements, letters of intent, etc.
- Ensuring accurate and complete maintenance of all lease transactions documentations.
- Other duties as assigned
Requirements
- Community college diploma, preferably in business administration.
- Over 5 years of real estate transactions work experience in either commercial or retail sector.
- Expert level real estate acquisition, renewal and disposition strategy development and execution skills.
- Exceptional organizational, time management, and prioritization skills.
- Highly skilled at persuading, influencing and negotiating with others to achieve desired outcomes through negotiation.
- Expert level relationship management skills and ability to develop and manage relationships with multiple concerned parties.
- Expert level real estate transactions-related documentations development, application and interpretation skills.
- Highly advanced analytical skills to identify optimum real estate cost structures, pricing and value for the client.
- Strong market research skills along with current knowledge of market trends and conditions.
- Current knowledge of industry practices, trends and requirements.
- Thorough knowledge of real estate legislative requirements for assigned province.
Licenses and/or Professional Accreditation
- Real Estate License – required for Quebec and an asset if licensed in the following provinces Ontario, Nova Scotia, Newfoundland