Property Acquisition Manager

Job Description

We are looking for a highly motivated and experienced Property Acquisition Manager to spearhead the expansion of our co-living spaces in Bangalore. The ideal candidate should have a well-established network of real estate brokers and property owners and a deep understanding of the local rental and real estate market. The role requires strong financial acumen to evaluate potential properties and build viable business cases for new co-living spaces. Role & responsibilities Identify, evaluate, and acquire properties suitable for co-living spaces in Bangalore. Leverage existing relationships with brokers, landlords, and developers to source high-potential properties. Negotiate lease agreements, rental terms, and partnership deals with property owners. Conduct market research to identify high-demand locations and trends in the co-living sector. Develop financial models and business cases to assess the feasibility of potential properties. Work closely with the operations, finance, and legal teams to ensure seamless acquisition and onboarding of properties. Conduct due diligence on properties, including legal, regulatory, and financial assessments. Optimize property acquisition costs and ensure alignment with business expansion strategies. Manage property documentation, agreements, and compliance with local laws and regulations. Monitor and track property acquisition progress, presenting insights to senior management. Preferred candidate profile 4+ years of experience in real estate acquisitions, preferably in the co-living, hospitality, or rental housing sectors. Prior experience in co-living companies such as Zolo Stays, Stanza Living, OYO Life, NestAway, etc., is highly desirable. Strong network of real estate brokers, landlords, and property developers in Bangalore. Excellent negotiation skills with a proven track record of securing favorable lease agreements. Ability to create financial models and business cases for property acquisition. Strong analytical skills to evaluate market trends and property potential. Knowledge of legal and compliance aspects related to property leasing and co-living operations. Self-driven, highly organized, and result-oriented professional. Excellent communication and interpersonal skills.