Frasers Property Limited

Senior Manager, Asset Management (Frasers Hospitality)

Frasers Property Limited  •  Singapore, SG (Onsite)  •  2 hours ago
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Job Description

Primary Role

This role serves as the capital steward for a defined group of assets within a global hospitality real estate portfolio, with accountability for delivering their performance in line with approved business plans. It combines asset strategy with hands-on execution and reports directly to the Director, Asset Management.

Key Responsibilities

Modelling & Papers

  • Build, own and maintain asset-level financial models from first principles
  • Model Asset Enhancement Initiatives (AEIs) business cases, hold/sell scenarios and operator structure alternatives
  • Author strategic and approval papers for management and Board decisions

Business Planning & Performance

  • Prepare and own the annual business plan for each assigned asset
  • Negotiate and defend annual Operating and CapEx Budgets with operators
  • Monitor RevPAR, GOP margin, NOI and property-before-tax cash flow against budget and comp set
  • Prepare analysis underpinning hold strategy, exit timing and hold/sell reviews

Operator Management

  • Run monthly owner’s meetings and drive the commercial agenda
  • Challenge operator strategy on segmentation, rate and yield, F&B and cost productivity
  • Benchmark performance and escalate underperformance with a remediation plan
  • Apply Hotel Management and Lease agreement terms; support the Director on negotiations

Asset Enhancement & Capital Projects

  • Originate AEIs and repositioning opportunities; build the ROI, ROCE and IRR case
  • Deliver projects end to end: consultant selection, procurement, budget and programme control
  • Report realised returns post-completion against the approved business case

Valuation, Reporting & Operations

  • Run the annual valuation exercise, including RFP and process management
  • Prepare monthly and quarterly asset reports; liaise with auditors and external advisors
  • Oversee property and facility management partners, consultants and contractors

Key Qualifications

  • 9+ years of relevant real estate asset management in operating assets; hospitality preferred
  • Advanced modelling- able to build an asset-level cash flow model from a blank sheet
  • Quantifiable track record of value creation across assigned assets
  • Experience managing third-party hotel operators, including budget negotiation
  • AEI or refurbishment delivery from feasibility through completion; feasibility and ROCE analysis
  • Skills in monitoring, benchmarking, and supporting hotel operators, with prior experience integrating ESG measures into assets
  • Concise, decision-oriented paper writing for senior audiences
  • Hands-on and pragmatic; effective in a lean environment
  • Degree in Real Estate, Finance, Business or Hospitality
  • Collaborative team player with a professional and approachable demeanour
  • Strong communication, presentation, and stakeholder management skills
  • Grounded, adaptable mindset with a proactive, solution-oriented approach

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Frasers Property Limited

About Frasers Property Limited

Frasers Property Limited is a multinational investor-developer-operator of real estate products and services. The Group is listed on the Main Board of the Singapore Exchange Securities Trading Limited (“SGX-ST”) and headquartered in Singapore.

Frasers Property's multinational businesses operate across five asset classes, namely, commercial & business parks, hospitality, industrial & logistics, residential and retail. The Group has businesses in Southeast Asia, Australia, Europe and China, and its well-established hospitality business owns and/or operates serviced apartments and hotels in 20 countries across Asia, Australia, Europe, the Middle East and Africa.

Frasers Property is the sponsor of two real estate investment trusts (“REITs”) listed on the SGX-ST. Frasers Centrepoint Trust and Frasers Logistics & Commercial Trust are focused on retail, and industrial & commercial properties, respectively. In addition, the Group sponsors two REITs listed on the Stock Exchange of Thailand. Frasers Property (Thailand) Public Company Limited is the sponsor of Frasers Property Thailand Industrial Freehold & Leasehold REIT, which is focused on industrial & logistics properties in Thailand, and Golden Ventures Leasehold Real Estate Investment Trust, which is focused on commercial properties in Thailand.

We are committed to inspiring experiences and creating places for good for its stakeholders. By acting progressively, producing and consuming responsibly, and focusing on its people, Frasers Property aspires to raise sustainability ideals across its value chain, and build a more resilient business. It is committed to be a net-zero carbon corporation by 2050.

Industry
Real Estate & Property
Company Size
1,001-5,000 employees
Headquarters
Singapore, SG
Year Founded
1988
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