Fund Principal: Property Deals and Transactions at Public Investment Corporation

Purpose of the role: 

• To develop a pipeline of property deals (Property developments, acquisitions, disposals, debt, equity, indirect investments) for PIC Properties and to deliver the pipeline according to the approved outputs and thereby generating fee income, portfolio capital growth, rental revenue and total return for the business unit 

Requirements:

• Honours degree or equivalent in Finance, Property or Real Estate 
• Certification/ Diploma in Property Law and Sales 
• FAIS RE 05 Certificate or must be obtained within 6 months of employment 
• 10 – 12 years Investment and deal experience in the property industry of which 5 years must be at Senior Management with direct reports 
• MSc in Real Estate, MBA, CA/SA or CFA Advantageous 

Duties:

• Responsible for oversight and generation of new property investment opportunities for the business 
• Responsible for evaluating and unlocking value in the existing property portfolio in terms of feasibilities of disposals and acquisitions. 
• Oversee and manage structuring of the deals that considers equity and debt 
• Initiate the production of committee reports to motivate deals proposed 
• Sales/acquisition of assets according to portfolio objectives set by the Investment Division, using innovative sales and financing techniques where required 
• Identify and close value accretive deals in accordance with client mandates to complete potential new deal transactions 
• Develop and maintain strong client, service provider, internal stakeholder and industry networks to maximize investment leads 
• Identify, pass on / close profitable business opportunities with potential and existing partners 
• Implement and manage a reporting and management system that controls the pipeline management, board motivations, board reporting, deal status, etc. 
• Research and maintain awareness of market that may lead to/open up new opportunities and create a competitive advantage for the PIC and clients 

Competencies and skills: 

• Deal Structuring expertise (equity and debt) 
• Cross-sectorial real estate experience 
• Computer Literate 
• Target Driven 
• Attentive to detail and Performance Driven 
• Strong financial modelling skills 
• Understanding of debt instruments 
• Corporate Finance experience 
• Property Risk experience