Real Estate Development & Asset Manager

About the role

Brites Management Services is looking for a full-time Real Estate Development and Asset Manager based in Thika. The role covers developing the group's real estate strategy, assessing and investing in properties, leading development projects and optimising the property portfolio.

Key responsibilities

• Develop and implement the group's real estate development strategy and pipeline, and assess properties for the highest and best use
• Recommend whether assets should be developed, sold, retained, leased, subdivided or partnered, and develop residential, commercial, industrial, retail and mixed-use projects
• Carry out technical, market and financial feasibility studies, prepare budgets, cash flows, ROI/IRR and profitability projections, and write investment papers for management approval
• Identify land subdivision and value-enhancement opportunities, and coordinate architects, planners, surveyors, quantity surveyors and engineers
• Coordinate planning, subdivision, change-of-use and development approvals
• Lead approved projects from concept through completion, managing budgets, timelines, quality and contractor performance
• Evaluate joint ventures and partnerships, conduct commercial due diligence and review existing development proposals
• Identify ways to improve the income and capital value of existing properties and recommend redevelopment, refurbishment, change of use, leasing or disposal
• Maintain the property portfolio and pipeline, and provide monthly and quarterly reports on progress, costs, risks and expected returns

Required profile

• Bachelor's degree in Real Estate, Land Economics, Property Management, Construction, Architecture, Quantity Surveying, Urban Planning, Finance, Business Administration or a related field
• Membership of the Institution of Surveyors of Kenya (ISK)
• 8-12 years of relevant experience in real estate development, property investment or asset management
• Master's degree in a related field is an added advantage

Required skills

• Property feasibility studies, financial modelling and investment appraisal
• Land development, subdivision, planning and development approvals
• Managing residential, commercial, industrial or mixed-use projects
• Working with consultants, contractors, county authorities and other stakeholders
• Property valuation, market analysis, project management, negotiations and joint ventures

Candidates who meet the qualifications should send their CV by email; interviews are held on a rolling basis until the position is filled, and only shortlisted candidates will be contacted.