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Senior Assistant Director, Portfolio Management

Country:  Singapore
State:  Singapore
Job Function:  Investment & Asset Management
Job Posting Date:  17 Apr 2025

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. 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, commercial & business parks, hospitality, industrial & logistics, residential and retail. The Group has businesses in Southeast Asia, Australia, the EU, the UK and China, and its well-established hospitality business owns and/or operates serviced apartments and hotels in over 20 countries 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 are 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 Summary

You will be part of the Portfolio Management team for a regional portfolio of logistics and commercial real estate. As a Senior Assistant Director, Portfolio Management, you are responsible for portfolio/asset management of the assigned assets with a focus on maximising the investment performance and organic growth of the assets. Working closely with the Asset, Property and Leasing Managers on the ground, you will identify and execute asset strategies and portfolio initiatives. Your efforts in overseeing and enhancing the efficiency of portfolio processes will contribute to the performance and growth of the REIT. You shall maintain the accuracy of the portfolio and are responsible for consolidating data portfolio metrics for internal and external reporting purposes.

Job Description

Portfolio Management

  • Formulate the portfolio strategy
  • Oversee the preparation and approval of annual strategic asset plans and the progress of key initiatives identified in the plan to enhance asset performance
  • Oversee the preparation annual budgets and monitor performance against budget. Recommend leasing and Argus assumptions during reforecasts & budgets. Interface with Finance on leasing and Argus assumptions. Review the setting and delivery of operational and capital expenditure
  • Contribute to the valuation of the properties, both internal assessments and forecasts and the external valuation program in accordance with the REIT’s Valuation Policy
  • Prepare quarterly market and operational updates to capture the latest leasing and sales evidence, rent growth, demand and supply etc
  • In collaboration with the Asset and Leasing Managers, oversee the progress of leasing strategy, approving leasing proposals and lease negotiations and supporting papers for approval including the deal analysis (with responsibility for DPU analysis and impact on portfolio metrics for material deals)
  • Chair regular meetings with the Asset and Leasing Managers to oversee performance of the portfolio and progress of initiatives identified in the strategic asset plans
  • Identify AEIs and prepare feasibilities for potential projects
  • Administer the Asset and Property Management Agreements and oversee compliance of duties in accordance with the REIT delegated approval limits
  • Review rental reversions computations for the portfolio
  • Assist with acquisitions and disposals
  • Assist in financial modelling for potential leases, to help determine the attractiveness to the FLCT portfolio
  • Identify sustainability initiatives for the portfolio to improve the GRESB status and monitor the progress of set targets

 

Portfolio Reporting

  • Co-ordinate the production of the Monthly Regional Report, including monitoring and reporting Conflicts of Interest, ensuring accurate new tenancy information, maintenance of master digital platform and report metrics, and chair the monthly meeting
  • Monitor the consolidation of portfolio metrics for Board report, review and propose the messaging, highlight key achievements and risks for the stakeholders
  • Oversee the consolidation of master data for quarterly reporting and Investor presentation
  • Prepare the PFM sections for the Enterprise Risk Management Report
  • Review the quarterly capex Board report, Major Projects update and quarterly sustainability Board update
  • Consolidate the Hold/Sell analysis, segment insights and portfolio ranking
  • Oversee the preparation of Board and other internal operational reports for the portfolio
  • Review portfolio sensitivities, scenario and portfolio analysis, as required

Key Qualification

  • A good degree in Finance, Real Estate, additional qualifications like an MBA or CFA will be favourably considered
  • 15 years of experience in an Asset Management/Portfolio Management role
  • Strong experience in conducting feasibility studies and reporting writing skills.
  • Excellent Financial acumen, Negotiating and Analytical skills
  • Structured, methodical and with experience delivering concise, professional and relevant papers.
  • Strong team player
  • Excellent presentation and communication 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.

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