Real Estate Manager at Jubilee Insurance

Main Responsibilities

Strategy & Planning

• Develop and implement strategic plans for the real estate portfolio, aligning with organizational goals and Kenya's urban growth trends
• Analyze market data (e.g., rental rates, occupancy, Nairobi's commercial/residential demand) to drive portfolio growth and diversification
• Leverage data analytics and proptech tools to forecast trends and optimize property value
• Identify opportunities for sustainable investments, such as energy-efficient upgrades

Property & Asset Management

• Oversee day-to-day operations, including lease administration, rent collection, tenant relations, and property upkeep
• Manage budgets (OPEX and CAPEX), integrating cost-saving measures like green technologies
• Coordinate maintenance, repairs, and renovations, ensuring timely execution and asset preservation
• Conduct property inspections (pre/post-vacancy, end-of-lease) to maintain standards and minimize vacancy losses
• Lead marketing and leasing efforts via letting agents and digital platforms, ensuring seamless rent invoicing and collection with Finance
• Design and evaluate tenant satisfaction surveys, using insights to enhance retention and occupancy
• Implement property management software to streamline operations and reporting

Compliance & Risk Management

• Ensure compliance with Kenyan laws (e.g., Physical Planning Act, Land Act), building codes, safety (OSHA), and environmental regulations
• Monitor tenant adherence to lease terms, addressing violations promptly and professionally
• Oversee contracts and lease documentation, collaborating with Legal and Finance for approvals
• Mitigate risks through insurance and resilience planning
• Maintain meticulous records of leases, maintenance, and financials, ensuring audit readiness

Stakeholder Engagement & Relationship Management

• Negotiate leases, renewals, and agreements with tenants and external partners