Location: Central Singapore, Singapore
Join Lendlease Global Commercial REIT (LREIT) as an Investment Manager!
Lendlease REIT is listed in Singapore with a market cap of ~SGD 1.8 billion and a focus on Singapore retail (91% portfolio). Over the last 12 months, Lendlease REIT has undertaken several transactions including the disposal of Jem Office, and the acquisition of PLQ Mall funded by a private placement and preferential offering.
We are seeking to hire an Investment Manager / Senior Manager to support the CEO & CFO with future investment transactions. Transactions will include potential asset acquisitions, divestments and capital raises.
The individual should be experienced in both real estate and capital markets transactions and have experience working at or advising REITs in Singapore.
Responsibilities
Actively understand and ensure alignment with Lendlease’s core values and principles of operations.
Develop, manage and maintain effective relationships with key internal and external stakeholders to originate and execute transactions (acquisitions & divestments).
Identify, evaluate, negotiate and broker successful investment opportunities, including the front-end due diligence, feasibility studies, transaction structuring, financial analysis, regulatory compliance, legal documentation and safety & sustainability assessments.
Procure and coordinate corporate services (e.g. accounting, corporate secretarial, legal, tax etc.) as well as external valuation process.
Prepare and present investment memos on prospective acquistion and divestment opportunities to the investment committee and board.
Engage, direct and manage financial advisors / underwriters to manage the capital raising process.
Contribute to setting the strategy of the REIT and annual business planning process.
Requirements
- With expertise and experience in real estate investment and REITs, we are looking for a future leader:
- Degree qualifications in Commerce, Property, Business and/or Applied Finance & investment combined with significant (10 years+) experience in real estate investments involving the REIT sector.
- Detailed understanding, experience and transaction in completing transactions, partnerships and / or capital raising.
- Connections within the real estate industry across Asia, with a focus on Singapore.
- Direct and first-hand experience in the conversion and acquisition of real estate investment opportunities, including sourcing, negotiating and closing.
- Strong understanding of property investment, corporate finance and performance management principles as well as regulatory requirements for SREITs.
- Strong property financial, financial modelling and analytical skills, with the ability to review / create, amend and test financial models and forecasts suitable for analysing REIT economics.
- Expert stakeholder management and influencing skills will be critical to success in this role as well as the ability to quickly synthesise information and assess key risk and opportunities to make strong, strategic decisions.
- Financially and commercially astute, with a deep understanding of the real estate market, the role will see you providing valuable perspectives and commercial insights enabled through a deep understanding of business value drivers, strategy and market context.
Benefits of working at Lendlease
Permanent position
20 days annual leave per year plus 3 days of wellbeing leave
Medical, Dental and Inpatient coverage for self and dependant.
Access to online wellbeing and mental health platform
Lendlease is a diverse, flexible and inclusive employer of choice. We engage, enable and empower our people and support their individual needs. Inclusion sets us all up for success.
If you feel this position is suited to your skills, experience, and career aspirations, please apply on the link. To find out more about us and to explore all other opportunities visit www.lendlease.com/careers.
At Lendlease we offer workplaces that unite diverse minds; where respect, equitable treatment and equitable opportunity are just the norm. We value the unique experiences, perspectives and aspirations that every candidate brings. Lendlease remains committed to supporting under-represented groups and providing a wide range of inclusion initiatives, so that everyone is supported to thrive.
Lendlease welcomes applicants regardless of gender identity, ethnicity, people with a disability, sexual orientation, or life stage. If you do not meet all the criteria or require adjustments to proceed with your application, we encourage you to reach out for a further discussion.
Job description provided by Lendlease.
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