Vice President – Portfolio Management

JOB PURPOSE

Manage the performance of Aldar’s residential & commercial property portfolio, planning the timing of capital upgrades, with the goal of enhancing value and maximizing return of the portfolio.

ROLES AND RESPONSIBILITIES

• Conduct periodic market research on rental rates to ensure proper setting of internal rates for Aldar residential and commercial portfolio.
• Analyze market conditions and forecast changes in rates and occupancy levels, in conjunction with the Director – Investment Management.
• Monitoring and periodically assessing competitors' assets to forecast any potential risk on demand, rates and asset classes.
• Identify and implement value-add initiatives.
• Recommend changes in rental rates based on market conditions.
• Obtain new capabilities and equipment through CAPEX programs.
• Conduct development feasibility and draft of associated IC Business Case.