Real Estate Portfolio Manager

5 days ago


Bengaluru, Karnataka, India Lenovo Full time
Job Description

We are seeking an experienced Real Estate Portfolio Manager to join our team at Lenovo.

The successful candidate will be responsible for overseeing the management of all corporate-owned, leased, or rented properties in India. This includes offices in Business Centers & Service Centers.

A key aspect of this role is handling lease negotiations, renewals, and terminations for office spaces and other properties. The ideal candidate should ensure favorable lease terms and conditions for the company.

As a CORPORATE REAL ESTATE PROFESSIONAL, you will manage the facilities and maintenance teams responsible for the upkeep of offices & properties. Ensuring compliance with health, safety, and environmental regulations is essential.

This position requires strong cost management skills, including developing and managing budgets for real estate operations and capital expenditures.

You will select and manage third-party vendors, contractors, and service providers related to real estate and facilities management. Monitoring performance and enforcing service level agreements is crucial.

In addition, the successful candidate will identify and mitigate risks related to real estate operations, such as lease liabilities, property damage, or regulatory compliance issues.

This role also involves optimizing space utilization across properties to accommodate business needs efficiently. Planning and overseeing office layouts, expansions, or consolidations is key.

Sustainability initiatives related to real estate operations, such as energy efficiency improvements, waste reduction programs, etc., are expected.

Regular reports and analytics on real estate portfolio performance, including occupancy footprint, rates, cost savings, etc., are prepared by the selected candidate.

Ensure compliance with local regulations and legal requirements related to Real Estate.

Collaborate with internal stakeholders such as Finance, Legal, HR, and operations teams to align real estate strategies with business goals.

Conduct market research and benchmarking to stay informed about real estate trends, rental rates, and competitive landscape in India.

Oversee real estate projects such as renovations, relocations, or construction projects. Ensure project design, costings, budget control, on-time completion, meet quality standards.

Estimated Salary: ₹ 20-30 lakhs per annum (dependent on qualifications and experience). Our salary range reflects industry standards and Lenovo's commitment to compensating its employees fairly.



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