Property Acquisition Expert

3 days ago

Bengaluru, Karnataka, India beBeePropertyAcquisition Full time ₹ 5,00,000 - ₹ 10,00,000

We are seeking a Property Acquisition Specialist to join our team. The successful candidate will be responsible for identifying and acquiring properties that meet our business objectives.

This role involves conducting market research and analysis, site visits, negotiation support, coordination and documentation, vendor and broker relations, regulatory and compliance assistance, and reporting and feedback.

The ideal candidate will have strong interpersonal and communication skills, a basic understanding of real estate laws and property regulations, good analytical and problem-solving abilities, detail-oriented with strong organizational skills, and proficiency in MS Office (Excel, Word, PowerPoint).

Key Responsibilities:
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
Required Skills and Qualifications:
  • 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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