Real Estate Expansion Lead (F&B)
Michael Page
- Jakarta
- Permanent
- Full-time
- Strategize and Periodically Update Real Estate Plans
- Develop property strategy for the region that is align with the company's broad-scale vision and growth trajectory.
- Regularly assess and adjust the property blueprint to adapt to changing market conditions and company objectives.
- Site Identification and Assessment:
- Systematically identify potential sites for new company locations, employing a strategic, data-driven approach that considers demographics, market saturation, and competitive analysis.
- Perform due diligence and site evaluations to assess suitability for acquisition based on the strategic property plan.
- Lease Negotiation and Acquisition:
- Engage with landlords and property owners to negotiate advantageous commercial terms, focusing on securing the best possible lease conditions, rental agreements, and contractual terms.
- Leverage market knowledge and negotiation skills to achieve terms that align with the company's financial and operational goals.
- Internal Approval and Financial Analysis:
- Prepare detailed approval documentation for new property acquisitions, incorporating complex financial models, risk assessments, and strategic investment arguments.
- Present proposals to senior management and internal stakeholders, ensuring a clear understanding of the potential impact and benefits of each acquisition.
- Legal and Financial Collaboration:
- Collaborate closely with the legal department to navigate the intricacies of property law and finalize lease agreements.
- Work alongside finance professionals to ensure fiscal prudence and alignment with the company's budgetary constraints and investment criteria.
- Relationship Management:
- Foster and maintain robust, long-lasting relationships with a diverse range of landlords and property owners.
- Act as the primary liaison for all property-related issues, ensuring consistent communication and problem resolution throughout the lease lifecycle.
- Lease Management:
- Actively manage the portfolio of leases, including renewals and terminations, to ensure the portfolio remains aligned with the company's strategic direction.
- Negotiate renewals and exit strategies that minimize costs and liabilities while maximizing the value of the property portfolio.
- Project Coordination:
- Function as the go-to internal coordinator for the rollout of new site developments, ensuring cross-departmental cooperation and timely delivery of projects.
- Oversee the progress of new site projects from inception to completion, managing timelines and coordinating with operations, construction, marketing, and other key departments.
- Portfolio Performance Monitoring:
- Monitor and analyze the performance of the real estate portfolio, identifying underperforming properties and recommending strategies for enhancement.
- Implement best practices and innovative solutions to drive occupancy, reduce costs, and increase overall profitability.
- Market Insight and Compliance:
- Maintain a finger on the pulse of the real estate market, staying informed of trends, economic indicators, and regulatory changes that could influence the company's strategic property decisions.
- Ensure compliance with all relevant laws and regulations affecting real estate transactions and property management.
- Bachelor's degree in Business Administration, Real Estate or equivalent with a minimum of 10 years of experience in Real Estate expansion and development.
- Proficiency in real estate law, lease agreements, and property management practices
- Strong negotiation skills and experience in commercial real estate transactions
- Excellent communication and interpersonal skills, with the ability to interact with stakeholders at all levels
- Great career prospects as the growth opportunity in the company is tremendous.
- The chance to really impact the decisions of a very successful business and input into process, procedures & systems