Sr. Manager, Real Estate, China

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Date Posted: 2025-03-25 Country: China Location: LOC3457: 8F Building A, New Bund World Trade Center I, No. 4, Lane 255 Dong Yu Road, Pudong New Area, Shanghai, 200120, China Role description

• Reporting to the VP, Global Real Estate, the role will require significant co-ordination with both internal senior stakeholders, technical subject matter experts as well as various external real estate providers and consultants
• The leader will be responsible for developing and managing collaborative relationships with Otis Operating Areas and Functions to determine real estate requirements and provide information related to market conditions, anticipated costs, transaction viability and expected timelines.
• The role will be key in helping streamline the footprint and sourcing model across the region. The region has over 580 properties across Greater China, Hongkong, Macao and Taiwan areas, an approximate total size of 3.2M SF supporting more than 20k headcount, of which over 7k are office based, 13k are field with an annual occupancy spend of $28M USD

Responsibilities Regional Business Partnering and Planning

• Collaborate with functions, operating unit, and operating area leadership to ensure alignment of regional business objectives, global real estate planning and strategy, and enterprise ESG goals
• Develop a long-range real estate plan based on business objectives to ensure both short-term and long-term activities are coordinated
• Develop and deliver footprint optimization and risk management strategies that enhance the optimization of operating expenses vs. volume of space occupied
• Lead real estate projects and transactions in support of the long-range plan, including the planning, oversight and management of the capital budgets for real estate
• Develop and manage the budget and funding channels for maximum productivity
• Partner with program delivery and project execution teams to ensure successful implementation

Corporate Real Estate Transaction Management

• Manage the transaction process end-to-end, including strategy development, project planning, team assembly, overseeing market surveys, alternative comparison, developing the negotiating strategy, leading negotiations, document review, approval preparation, and close out reporting
• Manage brokers, coordinate financial analyses, partner with legal resources, and guide documents through the approval process
• Negotiate real estate legal agreements with assistance from real estate service providers, Legal Counsel, and Finance Managers

Facilities Management Oversight

• Drive the regional roll-out of the new the delivery of the new facilities management strategy with delivery approach, labor roles and responsibilities, deployment model (ex. country, regional, global), asset type (office, branch, factory)- currently under development
• Support the operating model with defined Otis organization and supply chain and service strategy

Corporate Lease Maintenance, Administration, and Compliance

• Review annual rent and operating expense adjustments for conformance with lease provisions, quarterly and annual Real Estate reporting
• Oversee/ manage critical dates on leased properties
• Ensure compliance with Otis finance and real estate policies, applicable laws and regulations within the real estate portfolio by working with Legal, compliance, controller and accounting teams

Apply today to join us and build whats next! If you live in a city, chances are we will give you a lift or play a role in keeping you moving every day. Otis is the worlds leading elevator and escalator manufacturing, installation, and service company. We move 2 billion people every day and maintain approximately 2.2 million customer units worldwide, the industrys largest Service portfolio. You may recognize our products in some of the worlds most famous landmarks including the Eiffel Tower, Empire State Building, Burj Khalifa and the Petronas Twin Towers! We are 69,000 people strong, including engineers, digital technology experts, sales, and functional specialists, as well as factory and field technicians, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. We are proud to be a diverse, global team with a proven legacy of innovation that continues to be the bedrock of a fast-moving, high-performance company. When you join Otis, you become part of an innovative global industry leader with a resilient business model. Youll belong to a diverse, trusted, and caring community where your contributions, and the skills and capabilities youll gain working alongside the best and brightest, keep us connected and on the cutting edge. We provide opportunities, training, and resources, that build leadership and capabilities in Sales, Field, Engineering and Major Projects and our Employee Scholar Program is a notable point of pride, through which Otis sponsors colleagues to pursue degrees or certification programs. Today, our focus more than ever is on people. As a global, people-powered company, we put people - passengers, customers, and colleagues - at the center of everything we do. We are guided by our values that we call our Three Absolutes - prioritizing Safety, Ethics, Quality in all that we do. If you would like to learn more about environmental, social and governance (ESG) at Otis click here . Become a part of the Otis team and help us #Buildwhatsnext! Otis is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class. To request an accommodation in completing an employment application due to a special need or a disability, please contact us at careers@otis.com .

Information :

• Company : Otis
• Position : Sr. Manager, Real Estate, China
• Location : 上海市
• Country : CN

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