Head of Business Development

3 weeks ago

Bengaluru, Karnataka, India Royaloak Incorporation Pvt. Ltd. Full time
Job Title: Head - Business Development

Location: Bangalore

Department: Business Development

Experience: 15 years and above

Job Summary:

We are seeking an experienced and driven Head of Business Development with a strong background in property acquisition for large-format retail stores. The ideal candidate should have a proven track record of identifying, negotiating, and acquiring high-quality retail spaces in high-footfall locations.

Key Responsibilities:

- Identify and evaluate potential properties for new store locations across key markets.
- Conduct market research to analyze demographic, competitor presence, and location viability.
- Develop and maintain a robust pipeline of commercial real estate opportunities.
- Build and maintain relationships with landlords, brokers, property developers, and real estate consultants.
- Negotiate lease terms and manage the end-to-end lease finalization process.
- Collaborate with legal, design, projects, and finance teams for smooth handover and setup.
- Track and report on progress of acquisitions, approvals, and handovers.
- Monitor market trends and stay up to date with zoning laws, regulations, and industry practices.
- Ensure alignment of acquisition strategy with the company's retail expansion goals.

Required Skills and Experience:

- Bachelor's degree in Business, Real Estate, or related field. MBA preferred.
- 7–12 years of experience in business development, specifically in property acquisition for large-format retail stores (furniture, apparel, electronics, supermarkets, etc.).
- Strong knowledge of commercial real estate market dynamics.
- Proven negotiation and relationship management skills.
- Excellent communication, presentation, and stakeholder management abilities.
- Willingness to travel extensively.

Preferred Industry Experience:

- Retail (Large Format)
- Furniture & Home Decor
- FMCG / Consumer Durables
- Real Estate / Property Leasing

How to Apply:

Interested candidates are encouraged to submit their resume, cover letter, and any relevant certifications to hr.mgr@royaloakindia.com or call 7349791088

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