Job Description

Closing Date 2025/02/07
Reference Number SAA250116-1
Job Title Specialist Real Estate
Division Finance
Business Unit Corporate Real Estate Services (CRES)
Job Type Permanent
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Kempton Park
Job PurposeThe incumbent is responsible to ensure optimum utilization of properties and premises of the SAA Group, both owned by SAA and leased from external landlords.The role is also responsible to source tenants for vacant premises as well as new property development for SAA properties. Furthermore, the role procure premises from external landlords to house the businesses of the Group.Principal AccountabilitiesProperties or premises belonging to the SAA Group:

• Develop and regularly update the strategic leasing plan (SLP) for all properties
• Reduce the vacancy rate to below 10% of the GLA of the portfolio and increase net property income by leasing surplus premises
• Procure sustainable tenants for existing properties and new developments
• Negotiate commercially viable leases based on market-related terms
• Coordinate annual market valuation of the portfolio, and appointment of valuers

Properties leased from third parties:

• Procure suitable premises to house the businesses of the SAA Group at different locations in terms of the Leasing Policy, (i.e. domestic and foreign locations)
• Rationalize the use of third-party premises and optimize the use of owned premises, where appropriate
• Negotiate leases with the landlords at different locations and ensure that leases are signed timeously
• Reduce property occupation costs

Other real estate functions:

• Provide a benchmark of market-related rentals and property operating costs for use in lease negotiation
• Manage space-allocation to different businesses and ensure adherence to space-utilization standards of the Group
• Monitor municipal valuations rolls to ensure appropriate municipal rates; and ensure that rates and taxes are paid timeously
• Ensure safe storage of property information, such as leases, title deeds, plans
• Prepare and present annual property budget; monthly property reports
• Maintain an updated property database for all premises, ie leased and owned

Qualifications & Experience

• A relevant Bachelors degree in Commerce/Property or Law at NQF level 7 with 3 5 years experience in leasing of commercial properties (offices, industrial and retail)
• A certificate in leasing and/or property management (eg the SAPOA certificates/diplomas or similar)

Knowledge and Skills

• Property management
• Leasing (sourcing tenants and premises, negotiating with landlords and tenants, presenting leasing proposals)
• Well-networked in the property industry (with prospective tenants, landlords, property brokers, etc)
• Preparing property reports
• Property valuation principles
• Budgeting
• Project Management
• Contract Management principle
• Asset Management principles
• Excellent communication skills (verbal and written)
• Interpersonal skills
• Time management skills
• Stakeholder Management
• Analytical and problem solving skills
• Planning and Organisation skills
• Research skills
• Influencing and negotiating skills
• Commercial acumen

Attributes

• Effective conversations
• Facilitates change and innovation
• Delivers value
• Customer and service orientated
• Results driven
• Deadline orientated
• Detailed oriented

Additional InformationSAA is using an online recruitment tool. Applicants are required to complete an individual registration profile capturing essential personal and career selection criteria. Applicants must please note that they only need to complete the online registration once and thereafter they can update their online profiles as and when necessary.PLEASE NOTE: The onus are on applicants to ensure all mandatory fields are completed. Incomplete online profiles will be disqualified from the application process. Online profiles are used for screening and shortlisting purposes. A CV is only for verification and record keeping purposes. Applicants need to ensure that their online profiles are completed with correct and current information. Incomplete sections can disqualify applicants from the screening and selection process.This applies to all internal and external applicants.

South African Airways