Director, Property Asset Value Enhancement

Michael Page • Full Time • Central And Western District, Hong Kong, HK • 6d ago

As an Director, you will lead asset enhancement work across a Property portfolio to improve asset value and commercial performance. You will shape practical plans and deliver initiatives that help the business make informed property decisions.

Client Details

Our client is a leading property developer with investments across a diverse portfolio of properties.

Description

Develop and execute asset enhancement strategies for a portfolio of student accommodation and retail properties, with the objective of improving asset positioning, operating performance, investment returns, and long-term capital value.
Conduct comprehensive reviews of individual assets and formulate business plans covering property repositioning, refurbishment, change of use, tenant-mix enhancement, operational improvement, and other value-creation initiatives.
Lead the preparation and implementation of annual asset plans, operating budgets, capital expenditure plans, and performance targets, ensuring alignment with the company's investment objectives.
Monitor the financial and operational performance of the portfolio, including revenue, net operating income, occupancy, rental performance, operating costs, tenant sales, footfall, rental collection, and return on investment.
Identify under-performing assets and recommend practical turnaround strategies to improve income, occupancy, operational efficiency, and market competitiveness.
Evaluate proposed asset enhancement initiatives through market research, financial modelling, feasibility studies, cost-benefit analysis, and investment return assessments.
Lead asset enhancement, refurbishment, renovation, and repositioning projects from the planning and feasibility stages through to execution and completion, ensuring projects are delivered within the approved budget and timeline.
Work closely with project management, design, leasing, operations, marketing, property management, finance, and legal teams to ensure the successful implementation of asset strategies.
Oversee the performance of student accommodation assets, including occupancy, rental rates, resident experience, operating efficiency, ancillary income, and overall competitiveness.
Develop leasing and commercial strategies for retail assets, including trade-mix optimisation, tenant replacement, lease renewal, rental reversion, vacancy reduction, and the introduction of suitable brands and concepts.
Collaborate with the marketing and operations teams to develop customer engagement, membership, event, branding, and promotional strategies that increase footfall, tenant sales, and customer loyalty.
Review property management standards and operating procedures to identify opportunities for cost optimisation, service enhancement, digitalisation, and improved customer or resident experience.
Manage project budgets, operating costs, and resource allocation, while maintaining effective cost control and maximising the financial performance of each asset.
Prepare regular asset performance reports, financial analyses, business proposals, and recommendations for senior management and relevant investment committees.
Maintain a strong understanding of market trends, competitor performance, consumer behaviour, student accommodation demand, and emerging retail concepts to support strategic decision-making.
Build and maintain effective relationships with tenants, operators, consultants, contractors, government authorities, business partners, and other key stakeholders.

Profile

Bachelor's degree or above in Real Estate, Property Management, Business Administration, Finance, Investment, Surveying, Marketing, or a related discipline. Relevant professional or postgraduate qualifications would be an advantage.
Minimum 15 years of relevant experience in asset management, commercial real estate, property investment, retail portfolio management, student accommodation, or mixed-use developments.
Demonstrated experience in asset enhancement, property repositioning, refurbishment, leasing improvement, operational turnaround, or value-creation projects.
Experience managing student accommodation, serviced apartments, rental housing, shopping malls, community retail projects, or mixed-use developments would be highly preferred.
Strong understanding of real estate investment principles, asset management, leasing, property operations, marketing, customer experience, and capital expenditure management.

Job Offer

Attractive bonus
Full medical covered
Friendly working culture

To apply online please click the 'Apply' button below. For a confidential discussion about this role please contact Radeon Choy at +852 2848 4719.

Similar Jobs

Business Development Manager (Property Management)

Parkland Property Management Limited • Full Time • Central And Western District, Hong Kong, HK • 2d ago

Property Full Time

We are looking for a business development professional to grow our presence in Hong Kong property management market. Drawing on local network and market knowledge, you will develop opportunities in residential, commercia...

2d ago

Apply

Leasing Associate Director - Retail Mall

Michael Page • Full Time • Central And Western District, Hong Kong, HK • 3d ago

Property Full Time

As a Leasing Associate Director, you will lead leasing activities for a Property business, helping to maintain strong occupancy and commercial performance. You will oversee leasing plans, tenant engagement and market act...

3d ago

Apply

MANAGER (SALES) – COMMERCIAL & INDUSTRIAL PROPERTIES DEPARTMENT

Henderson Land Development Company Limited 恒基兆業地產有限公司 • Full Time • Central And Western District, Hong Kong, HK • 6d ago

Property Full Time Business Development Manager Management

Responsibilities: Responsible for liaising with property agents, property selling, sales launch, customer services and relevant documentation works etc. Support, plan and execute the sales strategies for commercial &...

6d ago

Apply

ASSISTANT BUILDING SURVEYOR

Henderson Land Development Company Limited 恒基兆業地產有限公司 • Full Time • Central And Western District, Hong Kong, HK • 1w ago

Property Full Time

Responsibilities: Conduct building condition survey and diagnose building defects Manage projects on building maintenance and renovation works Handle government mandatory orders and notices related to investment properti...

1w ago

Apply

SENIOR SECRETARY

Henderson Land Development Company Limited 恒基兆業地產有限公司 • Full Time • Central And Western District, Hong Kong, HK • 1w ago

Property Full Time

University graduate from overseas university Excellent in both written and spoken English and Chinese including Putonghua Good command of PC knowledge Minimum 10 years' relevant experience in supporting the top managemen...

1w ago

Apply

CUSTOMER SERVICE OFFICER / CUSTOMER SERVICE ASSISTANT

Savills Property Management Limited • Full Time • Central And Western District, Hong Kong, HK • 1w ago

Property Full Time

Customer services of serviced apartments Security duties included To assist in daily operation, handling customer’s enquires We are currently seeking candidates for the role of Customer Service Officer / Customer Service...

1w ago

Apply

SENIOR PROPERTY OFFICER (Residential, Tsuen Wan / Lam Tin / Central and Western District)

HARRIMAN PROPERTY MANAGEMENT LIMITED • Full Time • Central and Western District, Hong Kong, HK • 1w ago

Property Full Time

A wholly-owned subsidiary of the Wheelock Group Competitive remuneration package Career development opportunities Responsibilities Assist the Property Manager in overseeing daily operations of the property Supervise and...

1w ago

Apply

TECHNICAL OFFICER (Commercial, Central / Wong Chuk Hang)

HARRIMAN PROPERTY MANAGEMENT LIMITED • Full Time • Central and Western District, Hong Kong, HK • 1w ago

Property Full Time

A wholly-owned subsidiary of the Wheelock Group Competitive remuneration package Career development opportunities Responsibilities: Plan, coordinate and oversee repairs, maintenance, improvement and upgrading works for t...

1w ago

Apply

Security Manager

General Security (HK) Limited • Full Time • Central And Western District, Hong Kong, HK • HK$ 38,000 - HK$ 40,000 / month • 1w ago

Property Full Time

Competitive Package Opportunities for career advancement Friendly and harmonious work environment Role Overview We are seeking a highly experienced, proactive, and vigilant Security Manager to oversee the physical securi...

1w ago

Apply

Temporary Sales Service Assistant(s) (Sales Site Team) (Ref: PMU - TSSA 1)

CK Asset Holdings Limited • Contract / Project Based • Central And Western District, Hong Kong, HK • 1w ago

Property Contract / Project Based Full Time

Diploma or above with good presentation skills 1-3 years' working experience in customer services field Pleasant and customer-oriented Willing to work on shift duty (Day Time) Available to work 3-5 days per week Fresh gr...

1w ago

Apply