The incumbent will support our client and be will be responsible for providing ongoing management of real estate transaction activities, encompassing offices & industrial units across the SEA and Asia Pacific regions. . Prepares, recommends, and implements a portfolio-wide transaction strategy. Coordinates field resources and other stakeholders or self-performs in the execution of lease renewals, new site acquisitions, disposition of surplus space through subleasing, early lease termination and more.
Responsibilities will include:
- Implement real estate plans with an understanding of the client's strategic real estate goals. Assist with project initiation and scope definition, prioritization of assignments, and adherence to client-driven priorities, commitments and governance.
- Coordinates field broker selection and other required resources or self-performs, subject matter experts, and business partners. If necessary, facilitate client review and approval of proposed team resources for the purpose of transaction execution.
- Draft and create a large variety of analyses and relevant documents, including but not limited to: project initiation, market comparable reports, Requests for Proposals (RFPs), proposal comparison packages, letters of intent, and broker's opinions of value.
- Monitor lease expirations. Locate and acquire new properties and lead disposal of surplus properties within prescribed the timeline.
- Work closely with CBRE and/or client's Lease Administration, Project Management, Facility Management and Finance/Accounting teams to ensure integration between the service lines.
- Closely track all critical dates (lease expiries, notice periods etc.), transaction activities and accounts for all savings results achieved on behalf of client.
- Monitor and maintain a real estate project tracking system to ensure timely transaction completion. Prepare reports and make presentations to relevant parties.
- Ensures compliance with CBRE's corporate policies as they relate to identifying and mitigating potential conflicts of interest.
- Other duties may be assigned.
To be successful in the role, you need to:
- Degree in Real Estate, Facilities Management, Business, or any other related discipline
- At least 10-15 years of experience managing commercial real estate transactions and corporate clients
- Account/client management skills
- Excellent communication (verbal & written), presentation and negotiation skills, diplomatic but assertive
- Proactively managing customer relationships
- An analytical mindset with problem-solving skills
- Commercial acumen and an understanding of how to prepare, review, analyze, and interpret financial analysis including P&L and cash flow projections, NPV (net present value), and/or IRR (internal rate of return) to enable clients to make more informed decisions.
- Multi-tasking and sensitive to cross-cultural exposures
- Organizing and prioritizing a large and varied workload
- Financial analysis/modelling
- Proficient in MS Office (Excel, PowerPoint , Word etc.)
- Ability to respond effectively to highly sensitive issues.
- Ability to motivate and negotiate effectively with key employees, management, and client groups to take the desired action.
- Must be able to act as the client’s spokesperson and lead the dialogue with landlords/ 3rd parties.
