Real Estate Asset Manager (m/f/d) RetailPIMCO Prime is looking for an experienced Real Estate Asset Management professional (m/f/d) with a strong background in the retail sector to join its team in Frankfurt. The person will be responsible to manage various shopping centers in Europe with a focus on optimizing the performance and value of our retail assets, ensuring they meet financial and operational goals. This role requires a strategic thinker with excellent analytical skills, a deep understanding of the retail market, and the ability to foster strong relationships with (operating) partners, tenants, stakeholders, and team members. The role comes with responsibility to develop and implement active asset management strategies to maximize property value and performance, in close collaboration with the external center management teams.The role is based in Frankfurt, but a high level of flexibility is required as the assets are mostly located outside of Germany (currently i.e. Ireland). The applicant can be expected to be involved in all varying stages of the investment cycle.Direct experience in property portfolio management is helpful, as well as working with joint ventures.Location60325 FrankfurtJob LevelProfessionalJob-ID57941Key ResponsibilitiesProperty and performance responsibility according to the vision "Active manager of the performance of our properties":Work closely with third party service providers and joint venture partners (including property and asset managers, leasing and investment agents etc.) driving their performance, creating optimal business plans and ensuring investment performance is in-line with the business planHandle the communication with external parties (agents, brokers, property managers,architecs vendors, property surveyors); control and steer their workCollaborate with center management teams to ensure efficient day-to-day operations of shopping centersTarget/actual comparisons, independent check of the ongoing weekly result (plan/actual deviations). Execution of any required arrangements for explanation of the deviations and presentation of the deviations in the relevant meetingsTake a leading role in the creation of the annual business planning for the properties and align on the (joint venture) business plansDevelopment of action strategies and options (including repositioning) taking account of market and life cycle and investor-specific investment strategies in agreement with other departmentsOngoing contract and process optimisation for the supported assetsFocus on investor requirements across all key established KPIs including financial returns, operational excellence, sustainability and smart requirementsWork closely with investment team in order to ensure good practices and latest knowledge are included in a “Buy Manage Sell” process ; prepare hold /sell analysis papers, refinancing and other relevant documents for the Investment CommitteeTakeover of properties in the managed portfolioPrepare quarterly investment updates and answering to investor ad hoc requirementsBecome an expert in internal systems and schedules in order to deliver product on time and as per local or investment requirementsParameter planning: Take up market perspective for incentives, market rents and prolongationsAssurance of the optimal product design for the requirements of the target customersPreparation and support for property sales and/or other events in an asset life cycleControl of the creation and implementation of appropriate letting actions and strategiesCommercial support in the course of the purchase / sale process and identification of potential investments through own networkGather the appropriate market research and review real estate surveys and benchmarks, economic and demographic trends for relevant sectorsContent-related integration of the management of the property of the associate and analystsKey RequirementsA minimum of 5 years’ experience with solid academics (educated to degree level), ideally holding qualifications in engineering/science, finance, economics, or business studiesExtensive market knowledge in the retail sector, ideally shopping centersGood knowledge of MS Office and Inventory-managing systems (SAP, Filenet, Argus)Historical experience in development implementation considered an advantageExperience of presentation preparation and researchStrong negotiating, communication and presentation skillsSpoken and written English skills at negotiation level are a prerequisiteVery good financial modelling skillsExecution experience with ability to prioritize and meet multiple deadlinesPositive attitude and “can-do” mindsetStrong ability to work in a teamAbility to work in a diverse environment with different culturesAbove-average commitment and persistence in carrying out projectsOther Desired AttributesProfessional and positive attitudeCultural fitCommercial acumenConfident decision making and ability to be proactiveAbility to effectively operate in a cross-cultural environmentBenefitsOnboarding: A mentor, a buddy program and a global welcome event will help you getting started.Learning: A large portfolio of continuous learning opportunities will help you staying relevant in your current role and growing into future workplace demands.Working place: An open and international working environment with a diverse and inclusive culture will inspire your everyday work. A working model which balances remote and office based work will give you the flexibility to organize the way you work.Benefits: A company pension scheme, well-being initiatives, sports offers and other local benefits will allow you achieving a positive work life balance.Apply nowPIMCO Prime Real Estate GmbHA company of AllianzPIMCO Prime Real EstateA leading global real estate investor and manager, PIMCO Prime Real Estate is a PIMCO company and part of the PIMCO real estate platform, focusing on the Core and Core+ segments of the market and managing the Allianz Group’s $93B+ real estate mandate.Formerly known as Allianz Real Estate, we manage a global investment portfolio of $97.5B AUM, with an international team of over 490 employees working in 17 offices in Belgium, China, France, Germany, Italy, Japan, Singapore, Spain, Sweden, the UK and the U.S.PIMCO’s real estate platform is one of the largest and most diversified in the world, with over $190B in assets and a broad set of solutions that leverage decades of expertise across public and private equity and debt markets.Allianz GroupAllianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.Join us. Let's care for tomorrow.Note: Diversity of minds is an integral part of Allianz’ company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company encourages its employees to have motivation in gaining varied skills from different positions and to collect experiences from across Allianz Group.