Real Estate Portfolio Manager - Northern & Central Europe
Employer · Nokia
Budapest
Help shape how Nokia's real estate powers our business across Northern and Central Europe. As Real Estate Portfolio Manager, you'll manage a portfolio of offices, labs, fabs, and manufacturing facilities that supports our people, R&D teams, and operations. You'll partner with Business Units, Country Leadership, and Corporate Functions to co-create portfolio strategies and turn them into practical, financially sound real estate decisions.
Tasks
- Portfolio Strategy & Performance Management: Co-create portfolio strategies with business leadership that align with the global Location Strategy and reflect growth plans, workforce scenarios, R&D roadmaps, laboratory capacity, and operational dependencies.
- Demand, Capacity & Space Planning: Forecast headcount and space demand with Business Groups, HR, and Finance, including R&D and lab requirements.
- Portfolio Execution, Site Selection & Transactions: Turn approved Location Strategy decisions and portfolio actions into sequenced programs through a Transactions Plan.
- Business Partnership & Governance: Partner with business leaders, HR, Finance, and site and lab stakeholders to understand their needs.
- Capability Development & Continuous Improvement: Strengthen Portfolio Management practices, share best practices with peer RE Portfolio Managers, and promote data-driven, technology-enabled decision-making.
- Sustainability & Risk: Build sustainability and resilience into portfolio plans, and assess regulatory, geopolitical, labor-market, and operational risks.
Requirements
- A Bachelor's degree in Business, Real Estate, Finance, Economics, Engineering, or a related field.
- 10 years in corporate real estate, portfolio management, or real estate strategy, including co-creating portfolio strategies with business stakeholders and delivering measurable optimization.
- Strong financial acumen in occupancy economics, ROI, and benefits realization, with experience supporting executive decisions through business cases, portfolio analysis, and recommendations.
- Strong site selection and negotiation skills, with a track record of executing complex lease and ownership transactions.
- Working knowledge of demand forecasting, capacity planning, and utilization analysis.
- Proven ability to influence senior stakeholders, build consensus, and drive accountability without direct authority across large, global matrix organizations.
- Strong executive communication skills and a strategic, execution-oriented mindset
- Experience managing Real Estate Service Providers, including brokers and external advisors.
- High integrity and strong ownership of outcomes.