Vice President, Asset Management at Stronghold Investment Management

Munich, Bavaria, Germany

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Real Estate, Investment ManagementIndustries

Requirements

Full understanding of client mandates
Ability to develop and recommend hold/sell strategies for assets
Experience in developing annual property business budgets
Contacts and knowledge to source potential investment acquisitions and provide feedback on local markets, rent, and CAPEX assumptions
Capability to assist with due diligence on acquisitions and present to Investment Committee
Skills in managing property sales processes with agents, lawyers, and property managers
Expertise in determining capital projects, leasing strategies, lease surrenders, regears, renewals, rent reviews, tenant mix improvements, planning, and change of use opportunities
Proficiency in supplying property information for valuations and performance measurement
Ability to manage and monitor property managers' performance against KPIs, rent arrears, and database records
Strong relationship-building skills with tenants and agents for leasing, renewals, reviews, planning, remodeling, and marketing
Experience in establishing letting strategies, monitoring lease events, and defining market information expectations
Knowledge of finance and accounting, including reviewing rent/service charge collection and approving irrecoverable costs
Adherence to internal and audit controls
Skills in client reporting, communications, and implementing a “no surprises” policy
Understanding of environmental and sustainability policies for asset management initiatives

Responsibilities

Drive investment performance of property portfolio (logistic, office, retail) to support Fund Management strategic plans
Work with Fund Management and Investment Management to manage value-add, value protection, and optimal asset performance
Develop and recommend hold/sell strategy for each asset, updating annually with Portfolio Management
Develop annual property business budget
Use contacts to source potential investment acquisitions
Support acquisitions with local market feedback, rent/CAPEX assumptions, due diligence, presentations to Investment Committee, insurance placement, and final due diligence reports
Initiate property sales via selected agent based on hold/sell business plan
Manage sale process with agent, lawyer, and property manager (supported by acquisition manager)
Determine capital projects and leasing strategies to sustain/protect value or reposition assets
Develop and execute works via project team appointment
Implement lease surrenders, regears, renewals, rent reviews, tenant mix improvements, planning, and change of use opportunities
Supply base property information to Fund valuer
Regularly attend review meetings with property manager
Monitor property manager performance against KPIs, rent arrears, and database records
Develop relationships with main tenants
Handle leasing, renewing leases, reviewing leases, planning aspects, remodeling, extending, reconfiguring space, marketing, and asset management initiatives
Establish and update letting strategy and objectives
Define expectations for market information provision and monitor/action critical lease events
Review property rent and service charge collection
Approve irrecoverable costs within discretionary levels
Ensure adherence to internal and audit controls
Provide information to Portfolio Management for reports and implement “no surprises” communication policy
Deliver asset management initiatives in line with sustainability policies
Critically assess sustainability aspects

Skills

Key technologies and capabilities for this role

Asset ManagementPortfolio ManagementStrategic PlanningHold/Sell StrategyBusiness BudgetingAcquisitionsDisposalsDue DiligenceMarket AnalysisCAPEX ManagementInvestment CommitteeInsurance Placement

Questions & Answers

Common questions about this position

Is this a permanent full-time role or something else?

This is a 12 Month Fixed Term Contract, listed as full time employment.

Where is the team based and is remote work possible?

The Continental European Asset Management team is based in Munich (5), Amsterdam (3), and Madrid (2). No information on remote work options is provided.

What are the main responsibilities for this Asset Manager role?

Key responsibilities include strategic planning like hold/sell strategies and annual budgets, supporting acquisitions and disposals, capital improvement planning, valuations, and managing property and letting agents.

What is the team structure like?

The team consists of 10 Asset Managers across Munich (5), Amsterdam (3), and Madrid (2), managing €3.7 billion in assets across 9 countries as part of LaSalle’s Continental European business.

What experience makes a strong candidate for this VP Asset Management role?

Strong candidates will have expertise in real estate asset management across logistics, office, and retail properties, with skills in strategic planning, acquisitions/disposals, capital projects, leasing, and cross-border collaboration.

Stronghold Investment Management

Invests in real assets and private markets

About Stronghold Investment Management

Stronghold Investment Management offers a resourceful investing system focused on real assets and private markets, leveraging deep technical expertise and cross-functional collaboration. The company pursues opportunistic investments in energy and natural resources, managing investments through their life cycle using a technology-driven, vertically integrated approach.

3811 Turtle Creek Blvd #1300, Dallas, TX 75219, USAHeadquarters

2016Year Founded

VENTURE_UNKNOWNCompany Stage

Venture CapitalIndustries

51-200Employees