The Senior Vice President – Asset Operations for Commercial Real Estate will be responsible for the strategic leadership, operational excellence, profitability, tenant experience, facility management, compliance, sustainability, and overall performance of the commercial real estate portfolio. The role will ensure effective management of commercial assets called the Market of India and Mall of Madras maximizing asset value, tenant retention, occupancy, and revenue generation.

Key Responsibilities

Asset Operations & Portfolio Management
Lead end-to-end operations of the commercial real estate portfolio. Develop and implement asset management strategies to enhance asset value and operational efficiency. Drive asset performance through continuous monitoring of occupancy, operating costs, tenant satisfaction, and profitability. Establish operational standards, SOPs, and governance frameworks across all properties. Ensure seamless coordination between leasing, projects, finance, legal, marketing, and facility management teams. Property & Facility Management




Oversee integrated facility management operations including housekeeping, security, engineering, landscaping, parking, and common area maintenance. Ensure preventive and predictive maintenance programs are effectively implemented. Monitor service quality through defined KPIs and SLAs. Drive operational excellence initiatives and benchmarking against industry best practices. Ensure uninterrupted operation of all critical building systems. Financial Management
Prepare and manage annual operating budgets and capital expenditure plans. Monitor operational costs and identify opportunities for cost optimization. Drive revenue enhancement initiatives including CAM recovery, parking revenue, advertising income, and value-added services. Review monthly financial performance, variance analysis, and operational reports. Ensure achievement of EBITDA and asset profitability targets. Tenant Relationship Management
Develop and main

📌 Senior Vice President Operations (Chennai)
🏢 SPR India
📍 Chennai