
Acquisition Professional
14 hours ago
Real Estate Acquisition Specialist
Job Description:This role involves conducting market research and analysis to identify potential locations for new retail stores.
Key Responsibilities include evaluating local demographics, footfall potential, and competitive landscapes.
Site visits are conducted to assess property suitability based on location, accessibility, and visibility.
A thorough report is prepared with key findings and recommendations for shortlisted properties.
The incumbent will assist senior managers in negotiating lease terms, rental agreements, or purchase contracts with landlords or brokers.
Documentation of necessary papers and coordination of follow-ups with property owners or agents will be required.
The specialist will also work closely with the legal and finance teams to compile and review documents related to property acquisition and agreements.
Additionally, maintaining updated records of property details, contracts, and approvals is a crucial aspect of this position.
Frequent communication and liaison with brokers, agents, and developers is necessary to stay informed about new property listings.
Obtaining necessary permits and approvals in coordination with relevant teams is also an essential task.
Regular updates and summaries on property acquisition progress must be provided for the team or management.
Feedback on challenges and opportunities during the acquisition process is also expected.
Key Skills Required:
- 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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