As a Real Estate Manager based in Johannesburg, you will partner with various divisions to identify, evaluate, and secure opportunities for new store openings, expansions, reductions, closures, revamps, and other strategic site decisions. You will be responsible for driving gross square meter growth in alignment with divisional strategies.
University Degree: Legal / Commercial or Property Related Qualification related.
Experience:
- 5 years' retail Real Estate experience.
Responsibilities: Research & Analysis
Keep abreast of new developments within the designated geographic scope to:
Conduct feasibility analysis and share insights (re. availability, measurements, capex) & commercial metrics in order for divisions to determine new store feasibility. This involves on-site investigations.
Continuously monitor & track completion of feasibility studies from divisions to ensure that it is coming through the pipeline.
Use research & analytics to contribute to the annual strategic store review.
Stakeholder Engagement & Negotiation.
Negotiate the contractual terms & conditions with landlords/centre management for new and existing store locations to meet budget considerations and business requirements (e.g. store expansions). This entails preparing the required offer documentation with the assistance of the legal team.
Property Management.
Create & maintain long term relationships with landlords/centre management for current & future store operations and to assist the divisions in case of any property management issues.
Renewals.
Negotiate and complete lease renewals within Divisional mandates for all Divisions within the financial year.
requirements
