Day-to-Day Responsibilities
Reviewing monthly and quarterly income, occupancy and expenses for each property against the approved business plan.
Tracking key performance numbers such as rent collected, vacancy rate, operating costs and net operating income.
Deciding leasing strategy with property managers and brokers, including rent reviews and lease renewals.
Planning capital works such as refurbishment, repairs and upgrades, and checking each project's business case and budget.
Preparing valuation updates and performance reports for owners and investors, often as board packs or quarterly reports.
Advising on whether to hold, sell or buy a property, including preparing a building for sale and checking buyer due diligence.
Managing relationships with tenants, lenders and service providers at the portfolio level.
