Property Acquisition Manager

4 - 9 years

6 - 12 Lacs

Posted:2 days ago| Platform: Naukri logo

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Work Mode

Work from Office

Job Type

Full Time

Job Description

Purpose of the Role

The Job holder will be responsible for supermarket expansion in the circle involving sourcing of new properties, NSO, rent reduction, rent re-negotiation, store size reduction, space release to LL/SIS, lease extension and EB power enhancement for stores, LL relationship, property tax rebate and capex reduction.

Principal Responsibilities

The role requires the job holder to understand the catchments targeted by OPS for identifying properties for SM, which will meet our business norms.

  1. Short list properties in correct locations within the catchments
  2. Understand the commercials suitable for SM business before shortlisting properties
  3. Understand the structural requirement before shortlisting properties
  4. Planning the amenities and space with the right density of merchandise, best suited for that catchment, along with controlling future opex.
  5. Renegotiate existing store rent and area reduction with LLs

Education and Experience

  • Must have min 4 years of experience in Retail
  • Should have experience in business expansion, scouting properties, Opening NSOs
  • Understanding of documentations required and legal requirement to open new store
  • Should have understanding of negotiation & interpersonal skills
  • Knowledge about the regional Retail Market

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