Jobs and Careers
P3

Commercial Asset Manager

P3 Logistic Parks
Frankfurt, Hessen, Germany, Germanyfull_timeVerifiedPosted 8 Sept 2023

About the role

ABOUT US

P3 is a long-term investor, manager and developer of European warehouse properties with more than 8,1 million m² of assets under management and land bank of 1.9 million m² for further development.

P3 has commercial activities in 12 countries and has been investing and developing in European markets for almost two decades. And because we care about our customers and communities where we operate, we develop environmentally friendly, sustainable warehouses to the highest international standards.

Headquartered in Prague, P3 employs more than 250 people with 20+ nationalities across 11 offices in key European cities, offering integrated development, asset and property management services.

Attracting the right talents is key for our future. We are looking for ambitious and passionate experts who can help us make P3 THE leading logistics warehouse provider in Europe.


OUR CULTURE

Our company values - Integrity, Teamwork, Excellence, Ambition - are embedded deeply within the organisation, and guide our steps every single day. P3’s size and stability enable us to take a global view and yet at the same time we are just the right size to maintain our agile and flexible approach on local real estate markets.

Together, we create an environment that encourages personal growth because we know we are successful mainly thanks to the people who make P3. We recognise and reward outstanding performance and motivate people to contribute to our mutual goals and turn their good ideas into great outcomes. We encourage people to have ownership, make decisions and accept responsibility for them.


WE ARE LOOKING FOR

We are seeking an experienced Commecial Asset Manager to join our team. The successful candidate will manage dedicated portfolio of our logistics assets in Germany.


SOME OF THE INTERESTING CHALLENGES AHEAD OF YOU

• Support with the day-to-day Commercial-Asset Management tasks for assigned assets/projects from existing investments including specific properties acquired or developed in Germany, by asset-holding companies. Final decisions may not be made on behalf of companies holding German real estate, but recommendations given to those with decision-making authority in those companies.

• Monitoring of financial performance of the real estate asset in accordance with underwriting, current market conditions and applicable regulations (leasing, conformity with regulations, cash flow, etc.)

• Providing advice and support to all Asset Management teams at the P3 Group Corporate level, especially to P3 Logistic Parks s.r.o. (“Czech ManCo”) with regard to German real estate matters, but without participating in the process of negotiating, concluding or terminating contracts.

• Support with the drafting of annual operating budgets and long-term business plans as well as follow-up and actualization from a German Asset Management perspective.

• Support with the implementation of marketing strategies at individual property level, according to requirements set by the asset-holding companies as well as providing assistance in group-wide key account management.

• Assistance, preparation of overviews and monitoring of the leasing process, support in lease negotiations; initiate and follow-up on internal validation of leasing transactions as required by the asset-holding companies.

• Assisting the asset-holding companies in communications with internal or third-party service providers (e.g. property managers) and authorities, but without taking any decisions and without appearing as the sole and ultimate contact for the third-party service providers (i.e. all communication has to be addressed to, and decided at the level of, the respective asset-holding companies) and monitoring of their activities.

• Ensuring adequate documentation of relevant communications among asset-holding companies, third-party service providers and other relevant P3 group functions at the corporate level, and the safe-keeping records of such documentation.

• Provide relevant data and reporting to P3 financial controlling and reporting teams.

• Review of monthly property management and leasing reports.

• Participation in annual internal/external employee evaluation and review processes.

• Assist with the development of a hold/sell strategy in accordance with the annual operating budget and long-term business plans.

• Support and assist teams at the P3 Group corporate level, in particular Czech ManCo in the disposition process for any assigned assets/properties approved for sale by the asset-holding companies; preparation of all relevant data and compilation of relevant documents in the disposal process.

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Company

P3 Logistic Parks

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