Occupation

223531 Asset Manager (Property)

Latest release
Consultation draft: Australian and New Zealand Standard Classification of Occupations (ANZSCO)
Cite
Reference period
July 2024
Released
25/07/2024
Next release Unknown
First release

223531 Asset Manager (Property)

Manages a portfolio of real estate assets on behalf of a third party, such as an investor or business. Evaluates the performance of real estate assets and implements strategies to enhance their long-term viability and profitability.

Facilities Managers and Property Managers are excluded from this occupation. Facilities Managers are included in Occupation 172331 Facilities Manager. Property Managers are included in Occupation 611231 Property Manager.

ANZSCO skill level

This occupation has a skill level corresponding to the qualifications and experience below.

Australia

  • Skill Level 1: Bachelor Degree, higher qualification, or at least five years of relevant experience

New Zealand

  • Skill Level 1: Bachelor Degree, higher qualification, or at least five years of relevant experience

Main tasks

  • Coordinates with financial analysts and Accountants to monitor and evaluate the performance of real estate assets within a portfolio
  • Conducts market research to identify opportunities for property portfolio growth and risk reduction
  • Prepares and presents reports on property portfolio performance, operations, and expenses to stakeholders
  • Implements strategies to enhance the long-term viability and profitability of real estate assets
  • Combines expertise in real estate and finance to oversee and optimise real estate investments for clients