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Vrinda Global · posted 5 months ago
Position Overview: The Property Acquisition Manager will be responsible for driving the retail network expansion by identifying, evaluating, and acquiring high-potential retail properties in line with the brand’s growth strategy. This role demands strong commercial acumen, in-depth market knowledge, and the ability to negotiate favorable lease and purchase terms, ensuring optimal site selection that supports long-term brand visibility and profitability. Key Responsibilities: • Identify, assess, and secure strategic retail locations for new showroom development in targeted regions. • Conduct comprehensive market research including catchment area analysis, demographic profiling, competitor benchmarking, and footfall studies. • Establish and maintain strong relationships with property developers, real estate consultants, landlords, and local authorities to generate a robust pipeline of site opportunities. • Lead negotiations on lease or purchase agreements, ensuring commercially viable terms aligned with organizational goals. • Coordinate with cross-functional teams including legal, finance, design, and operations to ensure timely closure and compliance of property acquisitions. • Maintain a structured database of potential and acquired properties along with key commercial terms, legal status, and approval timelines. • Monitor real estate trends, regulatory changes, and zoning norms to guide strategic decision-making. • Support the project execution team by facilitating handovers and approvals post-acquisition to ensure smooth commencement of store fit-outs. RESPONSIBILITIE