Responsibilities:
- Manage all aspects of property matters and store portfolio in line with company's strategic direction; follow closely the market trends (research data, competitors activities, relevant benchmarks and other inputs)
- Proactively carry out initiatives to increase the profitability of the business such as:
o identifying new leasing opportunities
o suggesting new formats
o mapping geographic and market potential
o ensuring the portfolio is commercially competitive
o driving reduction in a number of loss making stores
o securing favourable rental terms for renewals and new stores
- Prepare accurate financial analysis and store appraisals (IRR models) in support of lease proposals (both new stores and renewals)
- Management of stakeholders (landlords, government authorities and all other parties critical to property-related dealings) including regular communications at working and strategic levels
- Conduct successful negotiations and ensure smooth execution of approval and tender processes in adherence with established procedures.
- Manage and coach the team and organize working activities to ensure efficient execution of streamlined processes.
- Timely submissions of budgets, reviews, forecasts, financial analysis and other management reports in order to:
o provide regular update on store development and achievement of new stores KPI
o enable productive collaboration with internal stakeholders
o and efficient management and execution of leases.
o monitor new store and renew stores performance
- Manage the maintenance of lease records in the central database and schedule of periodic inspections to monitor compliance to terms of leasing contracts
- Responsible for timely legal review of lease documents
Requirements:
- Degree in Real Estate Management
- Minimum 6 years experience in property/real estate management with proven track record in project management
- Confident, meticulous, strong analytical and business acumen skills, with a high level of drive, integrity and professionalism.
- Good knowledge in retail rental/leasing opportunities
- Possess excellent interpersonal, communication and negotiation skills.
