Asset Manager - AEW Italy

Company Description

AEW represents the real-estate management platform of Natixis Investment Managers (NIM). NIM is part of BPCE Global Financial Services, Europe’s 5th financial Institution and France’s 2nd largest banking group in France through its subsidiaries Banque Populaire and Caisse d’Epargne.

AEW is one of the world’s largest real estate investment managers with EUR 82.2 billion assets under management in Europe at the end of 2021 and is also present in North America and Asia.

In Europe, over 450 employees successfully implement core, value-added and opportunist investment strategies to serve our clients. AEW operates in promising real estate markets notably in Logistics, Offices, health, residential and retail asset sectors.

As an employer, we offer our employees equal access to job opportunities regardless of gender, race, ethnicity, sexual preference, social status, handicap, and age. We strive to develop a fulfilling and an inclusive working environment as we believe diversity enriches us and fosters collective intelligence.

Job Description

Within the asset management team and under the responsibility of an experienced senior asset manager, you will provide support, mainly focused on a logistics portfolio, in:

• Maximizing the value of a portfolio of real estate assets, with a specific emphasis on optimizing asset yields through proactive technical oversight.
• Defining and implementing strategic asset management plans for individual assets and portfolios, ensuring alignment with client objectives and market conditions, with a focus on Capital Expenditure (CAPEX) planning and execution.
• Developing and overseeing detailed CAPEX plans, including budgeting, contractor selection, project management and quality control for property improvements, renovations, and maintenance programs.
• Introducing innovative solutions, such as developing rooftop solar power systems, aimed at generating clean energy and lowering expenses for tenants.
• Proactively securing lettings and managing tenant relationships to ensure long-term occupancy and satisfaction, addressing any technical requirements or concerns.
• Implementing the commercialization strategy for vacant properties and expired leases, developing and executing proactive plans to secure new tenants.
• Managing the selling process of assets, including coordinating technical due diligence and ensuring all asset information (including maintenance history and CAPEX needs) is accurately presented.
• Driving Project & Development management initiatives, with a particular focus on the technical feasibility, planning, and execution of value-add projects and refurbishments.
• Construction management oversight, ensuring projects are delivered on time, within budget, and meet high technical standards.
• Developing comprehensive business plans for portfolios, identifying key value creation opportunities, with a significant component focusing on strategic CAPEX investments and their projected returns.
• Preparing and delivering recurring performance reports to stakeholders, highlighting key metrics, market insights, and strategic recommendations, with a detailed breakdown of CAPEX activities and performance.
• Ensuring adherence to administrative duties and compliance requirements for assigned assets/portfolios, including technical documentation and permits.

#TransformativeFinance:

This position is based in Milan with the possibility of remote working.

We place our employees at the heart of our priorities. Internal mobility, career development, and training programs allow you to grow and flourish throughout your journey.

You will work in a hybrid, inclusive, and collaborative work environment.

You also have the opportunity to commit to society and causes that are important to you through our company foundation.

About the recruitment process

You will be contacted by one of our recruiters before meeting our business experts (manager, team member or business sector).

Required Skills/Qualifications/Experience

About you: If you recognize yourself in the following description, you are made to work with us!

With a higher education (Master’s Degree in Engineering - Building Engineering preferred, or a related technical field), you have at least 2 years of experience in real estate asset management, focusing on technical aspects, service and construction contracts, project developments, and capital expenditure planning.

You master :

- Technical aspects of asset management;

- Service and construction contracts;

- Project developments;

- Capital expenditure planning;

- Italian real estate market specificities.

You have excellent interpersonal skills, a very good listening ability, you are:

• Analytical;

• Negotiation-oriented;

• Proven ability to develop and execute sound technical strategies and CAPEX plans.

You are an Italian native speaker or proficient.

You are proficient in English with a C1 level.