
Acquisitions Professional
1 day ago
Job Description:
We are seeking a detail-oriented Property Acquisition Specialist to join our team. As a key member of our property acquisition team, you will be responsible for identifying and acquiring new retail locations that meet our business needs.
Responsibilities:
1. Market Research & Property Identification:
Assist in identifying potential locations for new retail stores by conducting market research and analysis.
Evaluate local demographics, footfall potential, and competitive landscapes.
2. Site Visits & Initial Assessments:
Conduct site visits to assess property suitability based on location, accessibility, and visibility.
Prepare basic reports with key findings and recommendations for shortlisted properties.
3. Negotiation Support:
Support senior managers in negotiating lease terms, rental agreements, or purchase contracts with landlords or brokers.
Gather necessary documents and coordinate follow-ups with property owners or agents.
4. Coordination & Documentation:
Work closely with legal and finance teams to compile and review documents related to property acquisition and agreements.
Maintain updated records of property details, contracts, and approvals.
5. Vendor & Broker Relations:
Build relationships with brokers, agents, and developers to stay informed about new property listings.
Coordinate and manage broker communications and property inquiries.
6. Regulatory & Compliance Assistance:
Assist in ensuring all legal, zoning, and regulatory requirements are met for selected properties.
Support in obtaining necessary permits and approvals in coordination with relevant teams.
7. Reporting & Feedback:
Prepare regular updates and summaries on property acquisition progress for the team or management.
Provide feedback on challenges and opportunities during the acquisition process.
Key Skills:
- Strong interpersonal and communication skills.
- Basic understanding of real estate laws and property regulations.
- Good analytical and problem-solving abilities.
- Detail-oriented with strong organizational skills.
- Proficiency in MS Office (Excel, Word, PowerPoint)
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