Real Estate Manager

1 week ago

Kuala Lumpur, Kuala Lumpur, Malaysia Lovisa Pty Ltd Full time

Lovisa Life:

We are a fashion-forward jewellery brand that caters to anyone and everyone, with over 150 new styles being delivered to stores each week. Lovisa was established in Australia in April 2010 and has quickly grown to be one of the world's leading fast fashion jewellery retailers. We continue our focus on expanding our store network globally, with over 950+ stores across 37+ countries. Join a high growth international retailer, publicly listed on the ASX.

Diversity and Inclusion:

We believe in supporting diverse cultures and harnessing the unique knowledge and experience of our team. We celebrate our global presence by supporting our culturally diverse team around the world.

Lovisa Opportunity:

This stand-alone Real Estate Manager of Southeast Asia is responsible for the continued expansion and managing the real estate portfolio within the region for Lovisa while maintaining relationships with the landlords and major shopping centres executives.

The Real Estate Manager will be required to travel to potential site locations for assessments and inspections to ensure brand standards are adhered to, and for the purpose of relationship management and lease negotiations with landlords.

  • Rapid store expansion, achieving ROI & EBIT hurdle rates
  • Manage all relationships with landlords.
  • Action and negotiate the lease renewal process for existing stores.
  • Complete realistic forecast pro-forma models in line with the expansion strategy.
  • Ensure pro-formas are prepared and exceed board approved ROI & EBIT hurdle rates
  • Negotiate occupancy terms and conditions (as well as lease conditions) that achieve the Occupancy Cost budget in line with brand vision and strategy
  • Negotiate with appropriate representatives for shopping centre owners the rentals, outgoings, fit-out contribution (TI) allowances, rent-free periods at any other point that may be included in a deal that maximises the benefit to Lovisa
  • Review all site locations prior to committing to deals with landlord management
  • Attend weekly property meetings to report progress with status updates of lease renewals and new stores
  • Regular visits to shopping centres to ensure the Lovisa brand remains in the best possible site location
  • Conduct portfolio reviews with landlords with a view to ensure all stores are meeting expectations
  • Maintain a network of contacts with other retail Property Managers in the industry to keep in touch with market conditions & trends
  • Maintain a proactive and future-focused approach in development opportunities in all major Shopping Centres
  • Assist in solving store problems that may arise concerning shop fittings, air conditioning, fixtures, lighting and take action to resolve issues promptly

Lovisa Loves: A can-do attitude with the following skills:

  • Extensive leasing experience in the commercial retail industry is preferred
  • Proven track record in leasing management, negotiation skills, and store expansion history with a national retail brand.
  • Excellent communication skills both written and verbal
  • Local landlord relationships
  • Highly motivated individual with an appetite to learn
  • A results-driven attitude
  • Excellent time management abilities
  • The ability to multitask
  • Great attention to detail
  • Excel – Intermediate to advanced level
  • Windows and other Microsoft Office products – Intermediate to advanced level
  • Experience with a property management software application (preferably LeaseEagle)

Lovisa Perks: Enjoy these perks when you join Lovisa

  • Join a global business offering endless career opportunities locally and internationally
  • Supportive diverse and inclusive team environment – we truly harness our 10+1 culture commitments
  • Generous discount off Lovisa product
  • Personal Development Succession Plans
  • Be part of a growing global retailer and support the continued market success across the Southeast Asia market.

Apply today to start your Lovisa journey.

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