Vice President, Portfolio Management - Vancouver, Canada - BentallGreenOak

BentallGreenOak

Verified Company

Vancouver, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Who We Are:
BGO is a leading, global real estate investment management advisor and a globally-recognized provider of real estate services.

BGO serves the interests of more than 750 institutional clients with expertise in the asset management of office, industrial, multi-residential, retail and hospitality property across the globe.

BGO has offices in 28 cities across twelve countries with deep, local knowledge, experience, and extensive networks in the regions where we invest in and manage real estate assets on behalf of our clients in primary, secondary and co-investment markets.

BGO is a part of SLC Management, which is the institutional alternatives and traditional asset management business of Sun Life.

BGO promotes a corporate culture that attracts and retains the highest caliber people.

We encourage opportunities for growth, development, and promotion by providing our employees with the resources to work effectively and continually strive to perform better.

We are committed to a safe and sustainable work environment.

The opportunity:

Join us as a VP of Portfolio Management, where you will play an instrumental asset management role in shaping the strategic and financial trajectory of a portfolio of assets within some of BGO's largest real estate funds.

Your asset management expertise will guide the optimization of returns from a diversified portfolio spanning industrial, office, retail, and multi-residential properties, as well as development across the Greater Vancouver Area.

Your role doesn't stop at portfolio/asset management.

It's about fostering collaboration—working seamlessly with teams from property management, leasing, development, and finance to holistically steer the portfolio's direction consistent with the Fund's strategy.

Strong, symbiotic ties with the BGO Real Estate Management group and our myriad of operating and ownership partners are crucial.

All the while, you'll be upholding the highest fiduciary standards and you'll pioneer the execution of top-tier ESG initiatives.

We're in search of a unique blend of thought leadership, creativity, and strategic insight.

If you're someone who relishes diverse and stimulating tasks, values collaboration, and aspires to make a meaningful impact, you're the one.

A spirit of curiosity, deep commitment to excellence, unwavering ethical standards, and a passion for diversity are essential. Flourish within our high-caliber investment team and drive real change.

This position will report into the Managing Director, Portfolio Management who is based out of Toronto

What you will do:

Strategy:

Integrate client strategic objectives with asset recommendations, including valueadd or enhancement initiatives and hold/sell decisions based on a thoughtful, comprehensive riskreturn analysis.
Prepare annual strategic asset plans and, where applicable, a development or redevelopment plan
Assess existing assets for opportunities to densify, enhance income, and protect and grow asset value.
Utilize strong financial modelling skills to support recommendations and decisions.

Operations Oversight:

Provide high level oversight of all elements of property and portfolio performance including leasing parameters, rent collection, and capital programs.
Support the real estate management team with timely approvals of lease transactions and capital expenditures as required. Provide thoughtful insights and direction that ensure strategic goals are consistently met.
Develop overall strategies based on an ongoing review and knowledge of market conditions in conjunction with annual property plans and communicate priorities to leasing representatives and property managers.
Assess lease transaction impact on valuations via Argus modelling.
Occasionally carry out onsite reviews of the assets
Assist the Client Portfolio Manager and investor clients as requested; this may include special reports, asset tours, market information, recommendations, etc.
Ensure all properties comply with the client operating guidelines and policies as required.

Presentations and Reporting:

Report significant activity including occupancy, capital programs, development progress, financial performance, etc.
Support and assist with the quarterly valuation process.
Analyze and monitor performance utilizing Argus & Excel modelling.
Review ongoing property and financial reports.
Provide reviews and advice as required for the quarterly appraisal process.
Create or refresh Annual Asset Plans for each property that sets out overarching strategy and key imperatives for each asset in the portfolio.

Acquisitions & Dispositions:

Work alongside the Investment Team on identified acquisition targets by engaging as part of the assessment and due diligence teams, as required.
Develop and present recommendations regarding the sale of assets that no longer meet client strategy.
Drive the disposition of assets, working closely with the Inves