Asset Manager

ASSET MANAGER, m/f/d

Min Requirements

• Several years of relevant real estate operational, transactional or other experience with a recognized real estate company, including meaningful and relevant asset management experience (commercial and residential assets) ideally of several years
• Berlin based, full time work
• Fluent German, fluent English verbal and writing

Why BATO

BATO is a privately held real estate investment management firm with proven market advantages and growth potential. We have a strong track record and a reputable name locally and internationally. The firm has one the strongest sourcing capabilities in Berlin and we are set to grow within Germany and internationally. Being a key member of the team will mean a wide range of interesting opportunities for you.

BATO's management style is very informal, friendly, entrepreneurial but at the same time increasingly institutional. We constantly strive to improve the working environment, create competitive benefits package and work on the professional development of our employees. We have multiple relationships with international consultants, service providers, financial and capital partners.

We are confident that BATO can provide the successful candidate with a lot of exciting and challenging business opportunities and allow to make a long-term successful step forward in the career and professional development.

Opportunities

1. Becoming a key member of the asset management team with the opportunity to work on exciting projects and also to contribute to shape the asset management processes / structure of the firm and grow the local asset management team in Berlin
2. Opportunities to grow within the company
3. Opportunity to work with professionals who are passionate about real estate, architecture and investment
4. Opportunity to participate into a fast growing and international real estate market in Europe (Berlin)

Position Description

Direct reporting to and close collaboration with Managing Partners Stefan Naumov and Andrea Barbato.

The role will have multiple responsibilities but most importantly will concentrate on the following activities:

GENERAL:

• Supervision of all (commercial and technical) processes with regards to the administration and management of the properties in the designated portfolio, including improving efficiency
• Close control / monitoring of the external property management
• Identification of cost drivers, targeted optimization of service charge costs, optimization of service contracts on a case-by-case basis
• Inventory analysis for the purpose of identifying optimization measures and value enhancement potential, deriving and formulating the necessary measures from this and monitoring their implementation
• Tendering, retaining and controlling service providers
• Coordination with external parties i.e. lawyers, tax advisers, banks on contractual issues and legal disputes
• Structured document management
• Being the key point of contact with investors' portfolio managers on the strategic and selected day-to-day AM topics
• Support of the investment team when acquiring new properties (commercial DD, rent reviews, preparing to take over asset post closing) or during sales process

LETTING:

• Active leasing management and marketing of the assets under management with the involvement of appropriate service providers (marketing and leasing)
• Negotiation of leases or lease extensions
• Regular maintenance and expansion of the (Berlin) leasing agents network
• Ongoing review of lease terms and tenant specifications and benchmarking to market conditions
• Permanent and close tenant support for the tenants in the assigned assets to ensure a convincing client management at all times

CAPEX / REDEVELOPMENT

• Identification, coordination and control of tenant improvements and other capex measures to maintain or increase value.
• Assembling the required external technical consultants (architects, project managers, specialist planners).

REPORTING / FINANCIAL ANALYSIS / BANKS:

• Prepare business plans and annual property budgets incl CAPEX.
• Preparation and updating of the property cash flow, regular target/actual analysis of the property performance incl. explanation of the deviations
• Preparation of investor reporting
• Preparation of lender reporting
• Close contact with lenders on the loan compliance/management (shared role with Finance Team)