Asset Manager – Junior - Hire or get hired
Your complete guide to the Asset Manager – Junior Role: Duties, salary & hiring tips
Purpose of the Asset Manager – Junior
The Junior Asset Manager supports the day-to-day management of a property portfolio, assisting with lease administration, reporting, and operational asset tasks.
Asset Manager – Junior's duties and responsibilities
• Lease Admin:
Maintain lease records, track expiries, and assist in negotiations.
• Reporting:
Support preparation of asset plans and financial summaries.
• Property Support:
Assist with inspections, maintenance, and CAPEX tracking.
• Tenant Liaison:
Respond to queries and support tenant communications.
• Compliance:
Help ensure adherence to legal and corporate requirements.
Maintain lease records, track expiries, and assist in negotiations.
• Reporting:
Support preparation of asset plans and financial summaries.
• Property Support:
Assist with inspections, maintenance, and CAPEX tracking.
• Tenant Liaison:
Respond to queries and support tenant communications.
• Compliance:
Help ensure adherence to legal and corporate requirements.
Requirements and qualifications for a Asset Manager – Junior
• 1–3 years’ experience in property or asset management
• Basic knowledge of commercial leases and property systems
• Strong communication and organisation skills
• Proficiency in Microsoft Office and property software (e.g., MRI)
• Tertiary qualifications in property or real estate preferred
• Basic knowledge of commercial leases and property systems
• Strong communication and organisation skills
• Proficiency in Microsoft Office and property software (e.g., MRI)
• Tertiary qualifications in property or real estate preferred
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Property Market Update
The property and real estate industry continues to grapple with talent shortages, particularly in commercial and residential property management, as well as facilities and operations management. The hiring landscape has shifted slightly over the past year, with a notable decline in demand for administrative and accounts managers. Employers remain open to upskilling candidates, with 64% willing to train high-quality hires lacking industry-specific experience if they align with company culture. However, the challenge persists, with 23% of employers struggling to hire commercial property managers and 20% facing difficulties filling residential property management roles.
The demand for flexibility and benefits has also evolved. Bonuses and remote work options are now the most commonly offered benefits, each provided by 56% of employers, while career development training has seen a decline, with only 36% of companies prioritising it compared to 54% last year. AI and automation are emerging as key drivers in property management, with virtual property tours (33%) and AI-assisted workflow automation (31%) gaining traction. As the market adjusts to evolving workforce expectations and technological advancements, businesses must balance competitive salaries, upskilling initiatives, and automation to attract and retain top talent.
The demand for flexibility and benefits has also evolved. Bonuses and remote work options are now the most commonly offered benefits, each provided by 56% of employers, while career development training has seen a decline, with only 36% of companies prioritising it compared to 54% last year. AI and automation are emerging as key drivers in property management, with virtual property tours (33%) and AI-assisted workflow automation (31%) gaining traction. As the market adjusts to evolving workforce expectations and technological advancements, businesses must balance competitive salaries, upskilling initiatives, and automation to attract and retain top talent.
