TATA Starbucks - Lead - Real Estate & StrategyStarbucks • Navi Mumbai, India

TATA Starbucks - Lead - Real Estate & Strategy

Starbucks • Navi Mumbai, India

2 days ago

Job description

Job Summary and Mission :

The position plays a crucial role in supporting the Real Estate team with strategic market analysis, financial intelligence, and execution of property-related activities. This role ensures efficient decision-making for new store openings (NSO), manages lease renewals, and handles renegotiations and relocations, contributing to the company's growth and operational efficiency.

Job Requirements :

Educational Qualifications - Bachelor's degree in Real Estate, Business Administration, Finance, or related field. A master's degree or relevant certifications are advantageous.
Work Experience - 8-12 years of experience in real estate management, property development, or a related field, preferably in the retail or QSR industry.
Industry Experience - Proven experience in real estate support roles with a focus on strategic market analysis and lease management.

Detailed Job Description :

Strategic Support :

Support the Real Estate Team in analyzing Market Holding Capacity to facilitate decision-making for new store openings (NSO).

Coordinate with the Network Planning Analyst and Operations teams to share insights and learnings with the Real Estate team.

Collaborate with the Finance business partner to share intelligence on occupancy cost learnings and their impact on strategic planning.

Execution :

Lead and manage all lease renewals, ensuring timely and cost-effective negotiations as renewal volumes increase year over year.

Handle renegotiations and relocations of store leases to optimize occupancy costs and align with strategic business objectives.

Desired Knowledge, Skills & Abilities :

Real Estate Management : Extensive experience in real estate management, including lease renewals, renegotiations, and relocations.

Market Analysis : Strong ability to analyze market data and collaborate with network planning and operations teams for strategic decision-making.

Financial Acumen : Solid understanding of financial principles related to real estate, with the ability to collaborate effectively with finance teams.

Negotiation Skills : Proven negotiation skills with the ability to achieve favorable terms in lease renewals and property relocations.

Stakeholder Communication : Excellent communication and interpersonal skills to effectively interact with internal teams and external partners.

Project Management : Strong project management skills to oversee multiple real estate projects simultaneously and deliver results within established timelines.

Strategic Thinking : Ability to align real estate activities with broader business strategies and objectives.

(ref : iimjobs.com)

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Real Estate • Navi Mumbai, India

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