- Location
- Tokyo, Japan
- Workplace
- Onsite
- Type
- Full-time
- Seniority
- Manager
- Experience
- 5+ years
- Source
- Workday
Description
Job Description
Asset Management
- Manage the invested assets, monitor revenue and expense, instruct property managers to maximize the value of assets.
- Set up value addition strategies for each property with respect to leasing, rent review.
- Prepare annual business plan, leasing plan, capex plan and operating budgets for each asset
- Approve leasing proposals and capital expenditures submitted by property managers and monitor the cash flow from properties
- Review, approve and process monthly operational expense payment requests by property managers
- Prepare and process quarterly payments by the asset holding GKs and TMK such as loan interests, asset management fees, administration fees and other fees
- Ensure monthly and quarterly reporting requirements as required in the trust agreements and the loan/project agreements to trust banks and lenders are fulfilled timely on due dates
- Compile quarerly KPI figures for quarterly asset management reports for submission to investors.
- Obtain appraisal reports and submit it to lenders and investors
- Procure and execute non-recourse loan refinancing (once every 5 years) and conduct due diligence and documentation as reuired
- Plan ESG related actions, obtain budget approval from investors and execute them.
- Compiling data for submissions to GRESB (Global Real Estate Sustainability Benchmark) survey once a year.
Real Estate Transaction Management
- Source and underwrite properties for acquisition
- Manage and lead investment process by negotiating with sellers, brokers and lenders.
- Responsible for preparing quick scan (UW file) and investment memo for submissions to investors.
- Responsible for leading due diligence processes from registering pipeline properties to the list, executing confidentiality agreements, receiving data, arranging due diligence venders such as tenants AML screening vender, engineering surveyers, appraisers, boundary surveyers and judicial scrievenr.
- Arrange and attend on-site visits by due diligence venders, lenders and trust banks.
- Provide data to and respond queries from due diligence venders, lenders and trust banks.
- Input key figures including rent roll information into underwriting excel files
- Procure non-recource loans from lendres
- Prepare and execute closing documents and closing payment
Risk Management
- Maintain up-to-date knowledge of compliance and dealing procedures
- Comply with all regulatory, legal, corporate and client mandates
Training and Development
- Build and maintain knowledge of abrdn internal operational process
- Participate and attend Continual Professional Development opportunities in order to maintain knowledge and skills
Key Attributes for the Role
- A good bachelor’s degree
- Excellent command of Japaenese and English both in writing and speaking
- Over 5 years’ experience in the real estate industry
- Results-oriented and able to multi-task effectively in an extremely fast-paced environment, and work well within a team as well as independently
- High attention to detail and an excellent problem solver
- Be flexible and willing to learn from both internal team members as well as external counterparties.
- Collaborative nature as Portfolio Manager will work with various external counterparties such as accounting firms, property managers, lenders and trust banks
- Excellent communication and interpersonal skills
- Team player with ability to manage own workload
- Flexibility, adaptability, and respect for others’ views