
Acquisition Specialist
2 weeks ago
We are seeking a skilled and detail-oriented Property Acquisition Associate to join our team. As a key member of our property acquisition team, you will play a crucial role in identifying potential locations for new retail stores.
In this exciting opportunity, you will be responsible for:
- Market Research & Property Identification:
- Conducting thorough market research and analysis to identify potential locations for new retail stores.
- Evaluating local demographics, footfall potential, and competitive landscapes to determine the viability of each location.
- Site Visits & Initial Assessments:
- Conducting site visits to assess the suitability of each location based on its accessibility, visibility, and other key factors.
- Preparing detailed reports outlining your findings and recommendations for each shortlisted property.
- Negotiation Support:
- Providing support to senior managers during lease negotiations, rental agreements, or purchase contracts with landlords or brokers.
- Gathering necessary documents and coordinating follow-ups with property owners or agents.
- Coordination & Documentation:
- Collaborating with legal and finance teams to compile and review documents related to property acquisition and agreements.
- Maintaining accurate records of property details, contracts, and approvals.
- Vendor & Broker Relations:
- BUILDING RELATIONSHIPS WITH BROKERS, AGENTS, AND DEVELOPERS TO STAY INFORMED ABOUT NEW PROPERTY LISTINGS.
- Coordinating and managing broker communications and property inquiries.
- Regulatory & Compliance Assistance:
- Ensuring all legal, zoning, and regulatory requirements are met for selected properties.
- Supporting the process of obtaining necessary permits and approvals in coordination with relevant teams.
- Reporting & Feedback:
- Preparation of regular updates and summaries on property acquisition progress for the team or management.
- Providing feedback on challenges and opportunities during the acquisition process.
- Strong Interpersonal and Communication Skills: The ability to build strong relationships with stakeholders, including vendors, brokers, and internal teams.
- Basic Understanding of Real Estate Laws and Property Regulations: Familiarity with relevant laws, regulations, and industry standards.
- Good Analytical and Problem-Solving Abilities: The capacity to analyze complex information, identify patterns, and develop creative solutions.
- Detail-Oriented with Strong Organizational Skills: Ability to maintain accurate records, prioritize tasks, and manage multiple projects simultaneously.
- Proficiency in MS Office (Excel, Word, PowerPoint): Proficiency in Microsoft Office applications, particularly Excel, Word, and PowerPoint.
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