Property Portfolio Manager (Pension Fund)

Sasol is a global integrated chemicals and energy company with a 70-year heritage. Through our talented people, we use our expertise and selected technologies to safely and sustainably source, manufacture and market chemical and energy products globally. When you join Team Sasol, you are joining a company that puts people at the center of everything we do.

Sasol invests in its employees along every stage of the career path and offers development opportunities to help you cultivate your career in a culture that embraces diversity and inclusion.

Job Req Id

8940

Closing Date

28 July 2025

OME

HCA: Pension Fund

Geographical Area

Sandton, Gauteng

Purpose of Job

The Property Portfolio Manager will be appointed to grow with the Fund’s Direct Property division, and gain exposure to manage and grow the various asset classes making up the Pension Fund’s Direct Property Portfolio. The primary goal will be to ensure the medium- and long-term growth of the Property portfolio, to ensure that the investments made has a sustainable capital value growth and yield, to the benefit of the Pension Fund members over the medium and long term.   

Key Accountabilities

• Monitor the macro-economic, commercial property and retail environment to develop optimum leasing and investment strategies, relating to the existing asset base in South Africa.
• Develop and build relationships with key role-players in the Property Industry such as Co-owners, Developers, Tenants, Service Providers and Local Government. 
• Develop asset specific strategies relating to life cycle of assets as well as strategic expansions, marketing, upgrades, and re-developments to ensure relevance of assets in the market. This requires specialized skills to understand the macro-economic environment and strategic landscape. (This includes the management of Capital Projects in consultation with the Manager Property Development in terms of the life cycle of the assets.)
• Develop operational budgets and forecasts for assets to plan and measure income & expenses on an on-going basis.
• Financial analysis and monthly monitoring of expenditure at assets to ensure spending occurs within the budgetary requirements and to ensure a return for members of the Fund.
• Actively manage processes to ensure that renewals, new leases are market related rental adjustments are done responsibly to ensure sustainability and reduce vacancies, protect asset values and income stream for assets.
• Develop and improve processes and controls to ensure efficiency gains in the management of assets, such as communication between tenants, credit control, 3rd party management staff and legal services to improve the rate of rental and arrears collection.
• Provide written reports and feedback per asset to the quarterly Investment Committee on: Property Portfolio performance; Developments and expansions; Strategy & Opportunities, and Risks & Legal requirements
• Develop processes to align and refine management process to comply with good Corporate Governance and reporting.
• Mentor and coach centre management and 3rd party management teams to improve level of performance.
• Assistance in the planning, review and negotiation of new property developments and acquisitions to ensure sustainability and expansion of the Direct Property Portfolio such as: Review and adjudication of Development proposals in consultation with the Property Development Manager and Property Investment Officer to effectively implement the Direct Property Strategy. Review and adjudication of Acquisition proposals in consultation with the Property Development Manager and Property Investment Officer to effectively implement the Direct Property Strategy.
• Implementation and adherence to Occupational Health and Safety requirements to ensure compliance applicable at assets.
• Annual review of Insurance to ensure that assets are sufficiently covered.
• Provide input to external valuers and ensure that valuations are conducted timeously and are accurate, this requires specialized input from the incumbents.
• Manage the legal and reputational issues for Sasol and Sasol Pension Fund to prevent negative publicity and exposure

Formal Education

Relevant University Degree (Commercial, legal, property management OR built environment related).

Minimum Experience

11 years relevant experience

Experience in the South African Commercial Property Industry and Asset Management.

Experience in the Commercial Property, Retail & Leasing Industry.

Working knowledge and understanding of Financials and Budgeting processes applicable to commercial property management.

Working knowledge and experience in interpreting Lease contracts and legal processes on commercial properties.

A background knowledge of Commercial Construction, Property Development, Project Management as well as Contracting Law and Procedures. 

Required Personal and Professional Skills

Sasol is an equal opportunity and affirmative action employer.  Inspired by our Purpose of “Innovating for a better world”, Sasol acknowledges that diversity is intrinsic to the fabric of our organisation and is the key to our growth and success.  Sasol is committed to the full inclusion of all suitably qualified individuals.  Preference will be given to applicants from designated groups and people with disabilities according to Sasol’s Employment Equity Plan.  This includes reasonable accommodation to enable individuals with disabilities to perform essential job functions.

Our automated process is designed to efficiently assess a large volume of applications. Should you not hear from us within 60 days of the advert closing then kindly consider your application unsuccessful. Thank you once-more for your interest in Sasol as your employer of choice, and we wish you all the best with your career aspirations and future applications with us.