Managing Director, Real Estate

Role Purpose

The Managing Director is the execution leader of the property business, accountable for delivering capital projects and running the assets profitably and safely.

Key Responsibilities

Commercial Development & Asset Management

• Drive occupancy, tenant acquisition & retention, and service excellence.
• Manage operating budgets, cost-to-income ratio, and NOI optimization.
• Ensure safety, security, regulatory compliance, and ESG standards are met.
• Lead technical and engineering operations including M&E, building systems, and preventive maintenance.

Business Management

• Own the P&L for projects and operations.
• Manage capex and opex budgets with strong financial discipline.
• Track ROI on capex, AEIs, and operational improvements.
• Partner with the CFO on capital allocation, forecasting, and shareholders reporting.

People Management

• Lead a multi-disciplinary team spanning Projects, Construction, PMO, Operations, Facilities, Technical, HSE, and Procurement.
• Build and embed SOPs, governance structures, and performance reporting systems.
• Foster a culture of safety, accountability, and continuous improvement.

Stakeholders Management

• Represent the projects and operations function at the Board and Executive Committee.
• Effective engagement with stakeholders, regulators, tenants
• Build strong external networks with contractors, consultants, and industry bodies.

Project Management

• Lead the end-to-end delivery of all capital projects, including new builds, refurbishments, fit-outs, and asset enhancement initiatives (AEIs).
• Drive on-time, on-budget, and on-quality delivery across the capital projects.
• Ensure projects are designed for long-term operability and cost efficiency.
• Lead commissioning, stabilization, and post-handover defect management.
• Establish and enforce project governance, risk management, and reporting frameworks.
• Manage consultants, contractors, and authority approvals.
• Oversee capex planning, prioritization, and execution.

Requirements

• At least 20 years in real estate, property, or construction industry in senior project management and operations roles.
• Proven track record in delivering large-scale property development or capex projects (typically $500M+ portfolio value); preferably in Singapore.
• Strong experience in operating significant property portfolios (commercial, retail, mixed-use).
• High integrity and accountability
• Results-driven, execution-focused, hands-on, resilient under pressure
• Strong communicator and influencer
• Bachelor's degree in Engineering, Architecture, Construction Management, Real Estate, Property, Quantity Surveying, or a related discipline. MBA or Master's degree in Real Estate is strongly preferred.