Purpose: Support business expansion by identifying and evaluating recent locations through market research and feasibility analysis, while tracking market trends and managing property data to enable informed decision-making. Collaborate with brokers and internal teams to ensure smooth coordination, documentation, and execution of site acquisition.
Roles & Responsibilities:
- Support Expansion Efforts: Assist in identifying potential locations for new centers by conducting basic market analysis and mapping local opportunities.
- Track Market Trends: Monitor rental trends, competitor activity, and key economic developments in target micro-markets to support strategic recommendations.
- Broker Network Coordination: Develop and maintain a network of brokers and agents to receive regular updates on available properties.
- Database Management: Maintain and update a property database with details of available sites, visit status, and evaluation notes.
- Conduct Feasibility Assessments: Support in-site evaluations by collecting demographic data, competitor mapping, and catchment insights.
- Assist in Financial Analysis:
Work with the Finance team to gather inputs and assist in basic financial modeling and business case preparation.
- Coordinate Negotiations: Liaise with brokers and assist senior team members in negotiation and documentation processes.
- Cross-Functional Support: Work closely with internal teams (Finance, Legal, Projects, Safety) to gather documentation and support due diligence and onboarding of properties.
- Documentation & Compliance: Ensure timely submission of internal reports, updates, and tracker maintenance for all property leads.
- Relationship Management: Support in managing landlord communications and resolving basic coordination matters post-deal closure.
Qualification:
- 8-12 years of relevant experience in new site acquisition, ideally with a focus on metro cities such as Mumbai, Bangalore, Hyderabad, etc.
- Industry exposure in Retail, Healthcare, Hospitality, or Education is highly desirable
- Hands-on experience working with IPC firms (International Property Consultants) or reputed real estate companies, with a strong network and market knowledge