Acquisition Specialist

2 days ago

Vellore, Tamil Nadu, India beBeeRealEstate Full time ₹ 80,00,000 - ₹ 1,00,00,000
Property Acquisition Associate

We are seeking a skilled Property Acquisition Associate to join our team. As a key member of our property acquisition team, you will be responsible for identifying potential locations for new retail stores by conducting market research and analysis.

Key Responsibilities:

1. 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.

2. 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.

3. 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.

4. 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.

5. 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.

6. 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.

7. 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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