- Build the asset management capability for a growing national direct real estate portfolio
- Lead asset strategy, value creation and performance across multiple sectors
- Work across acquisitions, active ownership, refinancing, recapitalisation and exits

Collins Executive Recruitment is partnering with an established institutional real estate investment manager to appoint a Senior Associate/Associate Director within its Investment team.

This is a newly created position with a transparent mandate - help build the firm’s national asset management function while taking direct responsibility for the performance of existing and newly acquired real estate investments.

The opportunity is broader than a traditional asset management role. You will work across the full investment lifecycle, from acquisition underwriting and operational due diligence through to post-settlement execution, active asset management, refinancing and exit.

You will have meaningful exposure to senior decision-makers and Investment Committee, with the ability to influence how assets are managed and how the broader platform develops.

Upon successful hire, you will:

- Develop and maintain asset plans covering value creation initiatives, capital expenditure, leasing, risk mitigation and hold, sell or refinance triggers
- Monitor asset performance against the original investment case, identify the drivers of variance and recommend corrective action
- Drive net operating income through leasing strategy, rent reviews, incentive management, operating cost control and alternative revenue opportunities
- Lead cash flow modelling, hold and sell analysis, capital expenditure appraisal and return assessment
- Prepare asset review papers and present performance, risks and recommendations to Investment Committee
- Manage operating partners, property managers, leasing agents, valuers, consultants and other external advisers
- Oversee independent valuations and critically assess the assumptions supporting them
- Manage asset-level debt facilities, including covenant compliance,



hedging maturities, refinancing and selective recapitalisation
- Produce clear, commercially focused reporting for investors, boards and internal stakeholders
- Support acquisitions by challenging underwriting assumptions and leading operational due diligence
- Manage the transition of newly acquired assets into active ownership and ensure early business-plan initiatives are executed
- Contribute to sale, recapitalisation and capital recycling decisions across the portfolio

About you

You will bring approximately 5-10 years of relevant experience gained within a real estate investment manager, fund manager, private equity firm, REIT, investment bank or institutional property business.

You will need direct experience managing commercial real estate investments and delivering against asset-level business plans. Exposure to several asset classes would be valuable, particularly healthcare, hotels, purpose-built student accommodation, industrial or retail.

The strongest candidates will combine investment capability with practical asset-level judgement. You should be comfortable moving between financial analysis, commercial negotiation, stakeholder management and hands-on execution.

You will also bring:

- Strong real estate cash flow modelling and investment analysis skills
- A detailed understanding of valuations, capital expenditure, debt structuring and investment returns
- Experience setting expectations for external managers and holding them accountable for delivery
- The confidence to challenge assumptions and make clear recommendations
- Strong written communication and the ability to present complex issues concisely
- Sound commercial judgement and a high level of personal accountability
- A relevant degree in property, commerce, business, law or a related discipline

This position will suit someone who wants more than responsibility for a collection of assets. It offers the opportunity to help determine how a growing institutional equity platform manages its portfolio, measures performance and creates value over the long term.

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📌 Investment Manager - Transactions & Asset Management - Multi-Sector - Commercial Real Estate Fund (Melbourne)
🏢 Collins Executive Recruitment
📍 Melbourne