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 what’s next!

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 [email protected].

Privacy Policy and Terms:

Click on this link to read the Policy and Terms