About the role
You will lead HESTA's property asset class, driving strategy, overseeing asset management, and ensuring the portfolio delivers strong risk‑adjusted returns for members. This hands‑on leadership role has board‑level visibility and works closely with the Head of Portfolio Management, the Private Markets team and the broader Investment Management team.
Responsibilities
- Set and execute property investment strategy across direct, unlisted and listed vehicles in line with HESTA's Total Portfolio Approach.
- Lead asset management of directly held property assets, including governance, operations, valuations and reporting.
- Manage and develop external fund manager relationships, including fee negotiations and performance monitoring.
- Drive HESTA's ESG commitments through property manager and asset selection, and embed responsible investment principles across the portfolio.
About you
The scope of this role requires a senior figure in the Australian property investment landscape with a sharp mind and strong leadership credentials.
You bring significant experience managing a portfolio of direct and indirect unlisted property investments, with robust foundations in asset management, financial modelling and fund manager analysis. You know how to lead a technical team, manage complex stakeholder relationships and operate with clarity in a dynamic, purpose‑driven environment.
Qualifications
- Demonstrated experience managing direct and indirect property portfolios, including standing assets and development investments.
- Solid track record in property fund manager research, selection and monitoring, ideally within a super fund, fund manager or research house.
- Experience with financial modelling specific to property, including valuations, cash flow analysis and development feasibility.
- Proven people leadership skills, with experience building and retaining high‑performing teams through change.
Benefits that matter and make a difference for our employees
- Leave for those moments that matter – an additional 6 days of leave at the end of year, up to 6 days paid volunteer leave, gender neutral paid parental leave of 20 weeks, gender affirmation leave, reproductive health and wellbeing leave, cultural and ceremonial leave. Access your LSL after 3 years, take AL at half pay, and purchase up to 2 weeks additional leave (just to name a few!).
- Your professional development matters – up to $5k per year professional development and up to 8 days career development leave, HESTA scholarships and free access to a range of premium learning tools.
- Your health and wellbeing matters – free annual flu shots and skin checks, incredible social events throughout the year and a comprehensive employee assistance program available 24/7.
- Your financial wellbeing matters – up to 15% super, financial planning support, end of year payment for all Enterprise Agreement‑covered employees, incentivised Employee Referral Program and novated lease options.
Equality & Diversity
We celebrate, value and include people of all backgrounds, genders, identities, cultures and abilities. We welcome and support applications from First Nations people, physically, neuro‑or culturally diverse, LGBTQI+, and people of any age. We are proud to be WGEA accredited as an Employer of Choice for Gender Equity.
If you require reasonable adjustments during your application or throughout the recruitment process, please reach out to a member of the Talent team at and we’ll call you to discuss.
Applications via recruitment agencies will not be accepted for this position.
Additional Information
New Senior Leadership opportunity in Investment Management with responsibility for the Property component of HESTA's Unlisted Assets Portfolio.
Flexible hybrid working. Enhanced leave entitlements.
General Manager – Property & Development (Brisbane based).
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📌 General Manager - Property (Melbourne)
🏢 @
📍 Melbourne