Asset Manager

ABOUT US

P3 is a long-term investor, manager and developer of European warehouse properties with more than 10.2 million m² of assets under management and land bank of 1.7 million m² of future gross lettable area for further development.

P3 has commercial activities in 11 countries and has been investing and developing in European markets for over two decades. And because we care about our customers and communities where we operate, we develop environmentally friendly, sustainable warehouses to the highest international standards.

Headquartered in Prague, P3 employs more than 290 people with 25+ nationalities across 11 offices in key European cities, offering integrated development, asset and property management services. P3 has an investment grade BBB credit rating by Standard & Poor’s.

Attracting the right talents is key for our future. We are looking for ambitious and passionate experts who can help us make P3 THE leading logistics warehouse provider in Europe.

OUR CULTURE

Our company values - Integrity, Teamwork, Excellence, Ambition - are embedded deeply within the organisation, and guide our steps every single day. P3’s size and stability enable us to take a global view and yet at the same time we are just the right size to maintain our agile and flexible approach on local real estate markets.

Together, we create an environment that encourages personal growth because we know we are successful mainly thanks to the people who make P3. We recognise and reward outstanding performance and motivate people to contribute to our mutual goals and turn their good ideas into great outcomes. We encourage people to have ownership, make decisions and accept responsibility for them.

WE ARE LOOKING FOR

We are seeking an experienced Asset Manager to join our Italian team in Milan.

The Asset Manager is responsible for maximizing the value and performance of P3’s logistics real estate portfolio in Italy. The role focuses on strategic asset planning, value creation, leasing performance, capital investment management, and stakeholder coordination across the full lifecycle of the assets.

The Asset Manager drives asset-level business plans, executes value-enhancing initiatives, manages leasing strategies, and coordinates cross-functional teams to optimize financial, technical, and operational performance while aligning with P3’s overall investment strategy.

SOME OF THE INTERESTING CHALLENGES AHEAD OF YOU

Asset Strategy & Business Plan Execution

• Develop and implement asset-level business plans aligned with P3’s investment strategy.
• Identify value creation opportunities including leasing optimization, repositioning, redevelopment, and cost efficiencies.
• Define and execute strategies to enhance NOI, occupancy, and long-term asset value.
• Monitor asset performance and implement corrective actions where necessary.
• Perform hold & sell analysis and provide strategic recommendations.
• Support acquisition and disposal processes.
• Prepare and support asset-level investment memos, financial models, and recommendations for Investment Committee approval.

Portfolio Performance & Financial Management

• Take ownership of financial performance of assigned assets, including revenue growth and cost management.
• Prepare and manage annual asset budgets, reforecasts, and long-term business plans.
• Monitor operating performance against budgets, KPIs, and underwriting assumptions.
• Oversee valuation inputs and support external valuation processes.
• Provide detailed financial and operational analysis to support decision-making.

Leasing Strategy & Tenant Management

• Define leasing strategies to maximize occupancy, tenant quality, and rental growth.
• Collaborate with leasing teams and external brokers to secure new tenants and renewals.
• Build and maintain strong relationships with key tenants.
• Identify opportunities for lease restructuring or optimization.
• Provide technical input into lease negotiations where required.

Technical Asset Management & Capex Oversight

• Support the implementation of day-to-day Technical Asset Management activities across assigned assets in the Netherlands in line with asset-holding company requirements.
• Track and evaluate technical performance of assets (maintenance, capex, compliance, lifecycle planning) against business plans and market standards.
• Oversee and support capex projects and major technical initiatives, ensuring alignment with budgets, timelines, and asset strategy.
• Collaborate with technical teams and external advisors to review scopes, costs, risks, and execution of projects.
• Support preparation and monitoring of operating budgets and long-term technical plans.
• Ensure compliance with local regulations, safety standards, and operational requirements.

ESG & Sustainability Integration

• Drive implementation of ESG initiatives across the portfolio.
• Identify and execute sustainability improvements (energy efficiency, solar PV, EV infrastructure, certifications).
• Ensure assets comply with environmental and regulatory requirements.

Stakeholder Management & Cross-Functional Collaboration

• Work closely with internal and external teams including Development, Construction, Finance, Leasing, Property Management, and Legal.
• Supervise external property and facility managers to ensure operational excellence.
• Manage external advisors including brokers, consultants, and technical experts.
• Ensure alignment between asset strategy, country priorities, and group-level objectives.

Market Intelligence & Strategic Insights

• Monitor logistics and real estate market trends, occupier demand, and competitor activity.
• Provide strategic insights and recommendations to support portfolio positioning.
• Maintain strong relationships with brokers, tenants, investors, and industry stakeholders.

Reporting & Governance

• Prepare asset performance reports and portfolio updates for senior management.
• Contribute to portfolio and investment committee materials.
• Ensure compliance with internal governance, investment guidelines, and reporting standards.

WHAT YOU NEED TO SHINE IN THIS ROLE

• University degree in Real Estate, Finance, Economics, Engineering, or a related field.
• 5+ years of experience in asset or investment management within logistics/industrial real estate.
• Strong analytical and financial skills, including cash flow modeling and performance analysis.
• Proven experience driving asset business plans, leasing strategies, and value creation initiatives.
• Solid exposure to technical asset management, including capex planning, asset performance, and lifecycle management.
• Good understanding of building systems, technical due diligence, and property/facility management.
• Familiarity with Italian regulations and technical compliance requirements.
• Experience with ESG initiatives (energy efficiency, solar, EV infrastructure) is a plus.
• Strong stakeholder management and communication skills.
• Fluent in English and Italian.
• A technical background (engineering or construction) is a plus.

WHY SHOULD YOU JOIN US

These are some of the benefits we offer:

• Stability of an international company (one of the leading industrial real estate developers on the European market).
• Dynamic collaborative working environment with a passionate team of colleagues across 11 countries.
• Attractive annual bonus.
• Generous budget for trainings and continuous development opportunities.
• Individual language courses.
• Employee assistance programme (individual coaching/mentoring opportunities in wellbeing area).
• Flexible/hybrid working policy.
• Extra paid days off (vacation, sick days – based on local legislation).
• Meal allowance.
• We care and we like spending time together so we enjoy company events, team buildings and networking opportunities connected with the support of various charity causes.
• Delicious coffee, refreshments and healthy snacks at workplace.
• Attractive employee referral bonus in case you make a successful referral for any of the job roles we have open.

Benefits are regulated by P3 internal policy which contains the full details regarding the entitlement and conditions for the benefits. Benefits policy and components may vary by location.

Come and join us and allow your career to flourish in line with the strong and stable growth of the P3 business.

Build your career in a way which is meaningful to you!

IMPORTANT: PLEASE PROVIDE YOUR APPLICATION AND RESUME IN ENGLISH LANGUAGE.