
Property Acquisition Specialist
2 weeks ago
Key Responsibilities:
- Market Research & Property Identification:
- Conduct market research to identify suitable locations for new retail stores, analyzing local demographics, footfall potential, and competitive landscapes.
- Assess property suitability based on location, accessibility, and visibility, preparing basic reports with key findings and recommendations.
- Site Visits & Initial Assessments:
- Visit properties to assess their suitability, considering factors such as location, accessibility, and visibility.
- Compile reports detailing 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.
- Coordinate the gathering of necessary documents and follow-up communications with property owners or agents.
- Coordination & Documentation:
- Collaborate with legal and finance teams to compile and review documents related to property acquisition and agreements.
- Maintain accurate records of property details, contracts, and approvals.
- Vendor & Broker Relations:
- Establish relationships with brokers, agents, and developers to stay informed about new property listings.
- Manage broker communications and coordinate property inquiries.
- Regulatory & Compliance Assistance:
- Ensure all legal, zoning, and regulatory requirements are met for selected properties.
- Support the obtaining of 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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