Apply now »

Assistant Manager, Investment Business Development & Strategy

Country:  Singapore
State:  Singapore
Job Function:  Investment & Asset Management
Job Posting Date:  1 Oct 2024

ABOUT FRASERS PROPERTY LIMITED
Frasers Property Limited (“Frasers Property” and together with its subsidiaries, the “Frasers Property Group” or the “Group”), is a multinational investor-developer-manager of real estate products and services across the property value chain. The Group is listed on the Main Board of the Singapore Exchange Securities Trading Limited (“SGX-ST”) and headquartered in Singapore.

Frasers Property's multinational businesses operate across five asset classes, namely, residential, retail, commercial & business parks, industrial & logistics as well as hospitality. The Group has businesses in Southeast Asia, Australia, Europe and China, and its well-established hospitality business owns and/or operates serviced apartments and hotels in over 20 countries and more than 70 cities across Asia, Australia, Europe, the Middle East and Africa.

Frasers Property is also the sponsor of two real estate investment trusts (“REITs”) and one stapled trust listed on the SGX-ST. Frasers Centrepoint Trust and Frasers Logistics & Commercial Trust are focused on retail, and industrial & commercial properties, respectively. Frasers Hospitality Trust (comprising Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust) is a stapled trust focused on hospitality properties. In addition, the Group has two REITs listed on the Stock Exchange of Thailand. Frasers Property (Thailand) Public Company Limited is the sponsor of Frasers Property Thailand Industrial Freehold & Leasehold REIT, which is focused on industrial & logistics properties in Thailand, and Golden Ventures Leasehold Real Estate Investment Trust, which is focused on commercial properties.

The Group is committed to inspiring experiences and creating places for good for its stakeholders. By acting progressively, producing and consuming responsibly, and focusing on its people, Frasers Property aspires to raise sustainability ideals across its value chain, and build a more resilient business. It is committed to be a net-zero carbon corporation by 2050. Building on its heritage as well as leveraging its knowledge and capabilities, the Group aims to create lasting shared value for its people, the businesses and communities it serves. Frasers Property believes in the diversity of its people and is invested in promoting a progressive, collaborative and respectful culture.

For more information on Frasers Property, please visit frasersproperty.com or follow us on LinkedIn.

Job Description

Acquisition/Divestment:

  • Monitoring, identifying and originating new development and/or value-add opportunities in Singapore across the asset classes including residential, commercial, industrial/ business parks and mixed-use projects.
  • Developing and managing relationships with developers, investors, and builders to enable the execution of capital partnership strategies for new and existing development projects.
  • Structuring and negotiating key commercial terms in relation to definitive agreements needed for existing and new projects.
  • Closely monitoring market pulse, transactions and sentiments, employing data analytics to identify trends, present a coherent and comprehensive picture of the market.
  • Reporting regularly on changes to government policies including cooling measures, land supply and other factors influencing development profits and decisions.
  • Preparing board papers and approval memos, as well as negotiating the key transactional terms and joint venture agreements where applicable.
  • Collaborating with internal teams such as Group legal, tax and FPS sales and marketing teams, and external consultants to finalise each deal.
  • Ensuring accurate and complete documentation of transactions, sites available for sale and proper knowledge management of past and ongoing deals.

Redevelopment / Asset Enhancement Initiatives (AEI):

  • Planning and executing redevelopment of existing strategic assets or new brownfield opportunities on a highest and best use basis.
  • Working closely with the Development & Projects teams and asset operators to execute the redevelopment and AEIs within the target returns and underwriting value.
  • Monitoring and tracking asset performance throughout the redevelopment / AEI

New Businesses:

  • Mentoring junior analysts and executives to undertake market research and feasibility studies based on market demand, supply, selling prices, rentals, total development cost, profitability, risk analysis and sensitivity metrics.
  • Keeping a close connection with the real estate market through a network of developers, agents and consultants to size up potential new business opportunities for FPS.
  • Identifying and evaluating new business opportunities through the formulation of well thought out and comprehensive business plans to originate new areas of growth for FPS.

Key Qualification

  • Degree in Real Estate, Business or Finance •
  • Minimum 2-3 years of experience in related field
  • Proficient in Financial Modelling
  • Proficient in the use of Excel, Word and Powerpoint
  • Excellent analytical, oral communication and writing skills
  • Independent, resourceful
  • Passion for excellence and keen sense of curiosity of the Singapore property market
  • A good mix of quantitative and qualitative analytical skills set, coupled with a team player with strong interpersonal skills

Diversity brings us closer to the communities we serve.

Guided by our Purpose, we are creating, inspiring, and nurturing an inclusive culture that unlocks the power of diverse teams to drive Frasers Property forward. Our values drive everything we do, which are core to creating safe places where everyone belongs, is mutually respected and feels empowered to be authentic at work. Working collaboratively makes us progressively stronger and better as an organisation, which helps our people to thrive each day.

Apply now »