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▷ [3 Days Left] Asst Manager - Business Development (Property Acquisition)

▷ [3 Days Left] Asst Manager - Business Development (Property Acquisition)

Zeno HealthIndia
15 hours ago
Job description

Job Description :

1. Market Research & Scouting

  • Conduct thorough market research to identify high-potential geographies and trade areas for retail expansion.
  • Scout and evaluate prospective retail properties based on footfall, catchment demographics, competition mapping, and accessibility.
  • Maintain a pipeline of potential properties aligned with the company’s growth strategy.
  • Track new developments, upcoming malls, high streets, and commercial complexes relevant to retail expansion.

2. Property Evaluation & Feasibility

  • Assess properties on key metrics : visibility, size, frontage, rental cost, and customer accessibility.
  • Conduct site surveys, trade area studies, and competitor benchmarking.
  • Prepare feasibility reports, business cases for each shortlisted property.
  • Collaborate with expansion, category and branding teams to evaluate property suitability and site executional work.
  • 3. Negotiation & Acquisition

  • Lead & collaborate to ensure end-to-end negotiations with landlords, developers, brokers, and real estate partners.
  • Negotiate commercial terms including rent, deposit, lock-in, revenue share (if applicable), and other contractual clauses.
  • Ensure cost optimization while securing prime locations for retail presence.
  • Build and maintain strong relationships with landlords, property consultants, and developers for ongoing collaboration.
  • 4. Documentation & Signing

  • Coordinate with the legal team for drafting and vetting Letters of Intent (LOI), lease deeds, and other contractual documents.
  • Ensure all documentation complies with company standards and local regulatory requirements.
  • Drive timely closure of agreements to ensure smooth handover of properties for fit-outs.
  • 5. Stakeholder Collaboration

  • Work closely with operations, projects, design, and finance teams to align property acquisition with business requirements.
  • Present property proposals, feasibility analysis, and financial implications to senior management for approval.
  • Act as a liaison between landlords and internal teams during pre-opening activities.
  • 6. Reporting & MIS

  • Maintain accurate and updated MIS on scouting pipeline, deal status, and expansion progress.
  • Track and report KPIs such as average rent per sq. ft., turnaround time from scouting to signing, and % of deals closed vs scouted.
  • Provide regular updates to senior leadership on expansion pipeline and performance.
  • Required Skill Sets :

  • Strong knowledge of retail real estate market dynamics.
  • Excellent negotiation, persuasion, and deal-closing skills.
  • Ability to analyze data, assess trade areas, and prepare feasibility studies.
  • Strong networking with landlords, developers, IPCs (International Property Consultants), and brokers.
  • Cross-functional collaboration and stakeholder management.
  • High ownership, result orientation, and ability to work in a fast-paced environment.
  • Qualifications & Requirements :

  • At least 1-2 yrs of experience of working in Retail vertical or have managed business - cum- operations of retail stores
  • Overall 3-4 yrs of professional experience
  • Should be open to travel to other cities and same city (completely field job - At least 4 days on field)
  • Should have his own bike for daily travel / commute.
  • Graduation
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