Real Estate Manager

2 weeks ago


Subang Jaya, Selangor, Malaysia Bata Malaysia Sdn. Bhd Full time

PRIMARY RESPONSIBILITY

  • Competitor and Market Analysis.
  • Lease Negotiations
  • To negotiate letters of intent and key lease deal points to the brands advantage for new stores.
  • To present the Bata retail concept to prospective landlords
  • To evaluate existing store portfolio to actively drive rent reductions, recommend lease renewals and terminations and negotiate renews and extensions where appropriate.
  • Negotiate the extension terms of the store which are near to expiry period along with the Retail Manager.

MANAGEMENT OF LEASE ADMINISTRATION

  • Liaison with Landlords/ Mall Owner/ Property dealers.
  • Complete or review appropriate legal documents and forms related to the rent or lease.
  • Prepare detailed budgets and financial reports for properties.
  • Development of vendors for effective real estate management.
  • Manage the properties in the most efficient and profitable manner possible in the existing marketing conditions consistent evolution of market conditions and trends.
  • Evaluate and recommend changes on rent/ pricing strategies.
  • Interact regularly with the landlord, developer and property consultants for the region.

STORE DEVELOPMENT

  • Collate and submit monthly store opening forecast, including mono brand and multibrand outlets.
  • Coordinate, submit and review Store Planning Startup Packs for Retail, Franchise and Wholesale SISs
  • Review construction drawings/samples for Retail, Franchise and Wholesale SISs
  • To be the main point of contact for all store designrelated queries from the relevant units.
  • Ensure all store development plans within the subsidiary are clearly planned and projects completed on time and according to schedule, to the required brand standard.
  • Prepare, communicate, and educate the relevant stakeholders and team members on any changes in store design policies and procedures that may affect the market.

RETAIL EXPANSION

  • Develop a Trade zone rollout plan for countries in Focus city and Lower tier cities.
  • Provide input to and participate in the design of midterm strategies in relation to country retail expansion for both FRS and Own Retail.
  • Develop a country Retail Expansion Plan which reflects distribution, marketing and geographic strategies
  • Proactively seek right location for new store opportunities and consistently improve the location and space of existing shops by building strong real estate network in the region and negotiate with relevant parties
  • Regularly update the country on retail expansion plans and status
  • To continuously keep working with teams to keep him/herself updated on new concepts and implementing them in the country in relevant trade zones.

Job Types:
Full-time, Permanent

Pay:
RM10, RM13,000.00 per month

Benefits:

  • Dental insurance
  • Health insurance
  • Maternity leave
  • Opportunities for promotion
  • Professional development
  • Vision insurance

Schedule:

  • Monday to Friday

Supplemental pay types:

  • Yearly bonus
Expected Start Date: 05/06/2024

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