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Real Estate Manager

4 months ago

Durban, South Africa Razia Samson Consulting Full time
ROLE: REAL ESTATE MANAGER
DEPARTMENT: REAL ESTATE DEPARTMENT
REPORTING TO: HEAD OF REAL ESTATE

Overview: Seeking a Real Estate Manager to play a pivotal role in its Real Estate Division. The ideal candidate will have a strong background in retail property development, with a track record of sourcing and securing suitable sites for retail stores. This individual should possess an extensive knowledge of working with Developers / Landlords and perform at the highest level. Experience in conducting demographic and market studies, along with a comprehensive understanding of property development, is essential. Exceptional negotiation and communication skills are required to excel in this role.

Key Responsibilities:

1. Site Identification: Identify and evaluate potential opportunities for new and existing retail stores based on market analysis, demographic trends, and strategic business objectives.
2. Due Diligence: Conduct thorough due diligence on potential opportunities.
3. Network Development: Cultivate and maintain strong relationships with developers, landlords, and other stakeholders. Leverage existing network to source new opportunities and expedite the site selection process. Engage at the highest level to negotiate favourable deals.
4. Market Analysis: Conduct thorough demographic and market studies to inform site selection and expansion strategy. Analyse consumer trends, competition, and economic factors to identify growth opportunities and mitigate risks.
5. Legal Compliance: A good knowledge of all relevant laws and regulations governing property development, leasing, and administration. Thorough knowledge of lease clauses and experience with signing off lease agreements as per agreed terms. Mitigate legal risks and ensure smooth transaction processes.
6. Negotiation: Negotiate lease agreements and other legal documents with property owners, developers, and landlords to secure favourable terms for Retailability. Advocate for the interests of the company while seeking mutually beneficial outcomes for all parties involved.
7. Portfolio Management: Manage and optimize the company's property portfolio, including relocations, expansions, revamps, disposals, conversions, and reductions to maximize value and minimize risk.
8. Good understanding of Tenant Installations principles and fitout specifications for retail stores.
9. Other duties as required within the Real Estate Department.