Certified Asset Manager
A Certified Asset Manager is a person who is responsible for management, administration and operation of one or more real estate assets owned by a corporation or institution in order to maximise the return on the investment made in those assets. An Asset Manager’s role may overlap with that of a Funds Manager, as well as giving consideration to factors affecting diversification of investment, investment performance of different properties and different asset classes, and strategies for the acquisition and disposal of individual properties.
All applicants for Associate Membership with Certified Asset Manager are required to meet the API’s Educational and Experience requirements and provide work samples for review and sit a professional interview.
|Educational||All applicants must meet the API’s academic entry criteria|
|Experience||All applicants must have at least two years of full time or equivalent property experience in property asset management achieved within the four years immediately prior to the date of application|
|Competence||All applicants are required to sit for and successfully pass a Professional Interview|
|Future Property Professionals (FPP)||Not required|
Associate Members are identified by the post-nominal AAPI. A Certified Asset Manager is also entitled to use their certification of Certified Asset Manager.
Associate Members receive unrestricted access to the Institute’s full range of services including member rates on all of our professional development and networking events.
Applicants with existing membership of an organisation which has a reciprocity agreement with the API may have a shortened pathway to membership. For more information, please visit our Membership via Reciprocity page.
What documents will you need to complete your application?
|A copy of your official Academic Transcript which shows your course completion.|
|Three Referees are required. Each of your Referees will need to complete a Referee Report which can either be returned direct to the API or to the applicant to submit with their application. Referee Reports must be dated within the three months prior to the date of application.|
|a.||Three examples (work samples) of the applicant’s work are to be submitted.|
|b.||Each work sample must have been completed within the six months prior to the date of application|
|c.||Confidential information can be removed from the work samples, however, please note that all information supplied is treated confidentially by the API and its examiners.|
|d.||Examples of reports or files that can be submitted are outlined below:|
|i.||Feasibility Report / Development Proposal|
|iii.||Property Due Diligence Report|
|iv.||Property Marketing Report|
|v.||Property Business / Asset Plan|
|vi.||Annual Report (e.g. performance against budget)|
|viii.||Transaction File for the Lease Purchase Transaction or for Sale of Property – the file needs to document the process undertaken for the transaction to occur or, if the file is confidential, a one-page summary prepared on the process|
|ix.||Renewal / Rent Review Negotiation File|
|x.||Property Investigation File (investigation undertaken, however, the project did not proceed to a full feasibility study or due diligence stage)|
|xi.||Files or examples of the applicant’s progress through a commercial property law matter|
|e.||If the required reports or files cannot be supplied from the applicant's recent work, then the applicant may be required to prepare these documents.|
|f.||Work samples are required to be uploaded during the application process. Please upload your work samples as pdf files. Hard copy work samples are not required.|
|Applicants must log at least two years of experience relevant to the Certification being applied for. A new Experience Journal needs to be commenced when your supervisor changes or each quarter, whichever comes first. Applicants are required to record valuation/task/job from the most recently undertaken and work backwards to cover the required experience period.|
What steps are involved in applying for Associate Membership?
|1.||Click Apply Now (below).|
|2.||Add the Associate Application to your Cart on the following screen.|
|3.||Once you have completed any other purchases you may wish to make, go to your Cart and Checkout.|
|4.||Open My Portal where the steps required to complete your Associate application will appear, including:|
|a.||Supplying information related to your application|
|5.||Once all of the steps listed in your My Portal have been completed, submit your application.|
|6.||The API will contact you with further information detailing the remaining steps, including your Professional Interview, once a review of your application has been completed.|
To apply online for Associate Membership with Certified Asset Manager, please click Apply Now (below) to be taken to the Associate Membership page where you can purchase your application.
Remember to return to your My Portal after purchasing your Application and making payment to complete your application
- Step by step guide to completing your application
- About the Professional Interview
- Academic Entry Criteria
- Experience Journal template for Associate Membership (Excel)
- Frequently Asked Questions on Membership
- List of Accredited Courses
- Associate Membership Explanatory Notes
- Referee Report template for Associate Membership