Job Title

Position: Property Acquisition Associate Key Responsibilities: 1. Market Research & Property Identification: o Assist in identifying potential locations for new retail stores by conducting market research and analysis. o Evaluate local demographics, footfall potential, and competitive landscapes. 2. Site Visits & Initial Assessments: o Conduct site visits to assess property suitability based on location, accessibility, and visibility. o Prepare basic reports with key findings and recommendations for shortlisted properties. 3. Negotiation Support: o Support senior managers in negotiating lease terms, rental agreements, or purchase contracts with landlords or brokers. o Gather necessary documents and coordinate follow-ups with property owners or agents. 4. Coordination & Documentation: o Work closely with legal and finance teams to compile and review documents related to property acquisition and agreements. o Maintain updated records of property details, contracts, and approvals. 5. Vendor & Broker Relations: o Build relationships with brokers, agents, and developers to stay informed about new property listings. o Coordinate and manage broker communications and property inquiries. 6. Regulatory & Compliance Assistance: o Assist in ensuring all legal, zoning, and regulatory requirements are met for selected properties. o Support in obtaining necessary permits and approvals in coordination with relevant teams. 7. Reporting & Feedback: o Prepare regular updates and summaries on property acquisition progress for the team or management. o Provide feedback on challenges and opportunities during the acquisition process. Key Skills: • Strong interpersonal and communication skills. • Basic understanding of real estate laws and property regulations. • Good analytical and problem-solving abilities. • Detail-oriented with strong organizational skills. • Proficiency in MS Office (Excel, Word, PowerPoint)