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 :
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Skills Required
Proficiency in MS Office Excel, Basic understanding of real estate laws and property regulations
Property Specialist • Mumbai, India