
Real Estate Manager
1 week ago
Job Title: Senior Mgr-Real Estate
">Role Overview">- This position is responsible for maximizing profitability in the Adidas Own Retail & Franchise by securing real estate that aligns with India store growth targets.
Main Responsibilities:
">- Purpose & Objectives:
To identify and evaluate all real estate opportunities through strategic portfolio planning, site visits, site selection metrics and criteria, demographic analysis, and research to ensure the best locations are secured for the brand.
">Elevate Brand Awareness:
">To ensure key markets and locations have a strong presence of the brand.
">Performance Management:
">To drive performance management of the portfolio by reviewing and recommending performance-enhancing opportunities with DTC counterparts.
">Expansion Strategy:
">Actively develop and execute an expansion strategy at a Pan India level.
">External Relationships:
">To manage external real estate resources in locating and evaluating potential sites.
">Portfolio Evaluation:
">Evaluate existing store portfolios to actively drive rent reductions, recommend lease renewals and terminations, and negotiate renewals and extensions where appropriate, linked to store lifecycle.
">Commercial Decisions:
">Make market-level commercial decisions by analyzing retail KPIs and local retail trends and needs.
">Key Relationships:
">- Internal: India Real Estate, Store Development, Store Operations, Legal, Finance, Marketing, HR, Global Teams.
- External: Landlords, brokers, industry developers and operators, architects, legal partners.
- Strong entrepreneurial spirit.
- Ability to think strategically, define business opportunities and problems, collect, interpret, and analyze abstract and concrete information, and create strategic, value-add solutions.
- Good IT skills (Word, Outlook, Excel, PowerPoint).
- Good numeracy in real estate, verbal and written communication skills.
- Strong presentation and communication skills.
- Geographical mobility.
- Proven ability to work cross-functionally to achieve goals and objectives.
- Ability to work independently on multiple projects.
- Strong knowledge in real estate regulatory controls and policies.
- University degree with an emphasis in real estate or finance preferred, or equivalent professional experience.
- Minimum 8 years of experience with global consultancy/ Retail developer/ Retail Brand.
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