Job Description
About the Role
Our client in the Retail Industry is seeking an experienced Real Estate Specialist to join their team. The successful candidate will be responsible for securing Capex budget, negotiating lease terms, and ensuring cost containment. They will also collaborate with finance teams to evaluate ROI projections and track performance against set targets.
Key Responsibilities
• Collation of comparable data from various property sources to determine fair market values for negotiating.
• Ensures that sites presented are negotiated at the best possible market-related rates.
• Ensures cost containment by negotiating the best allowances and landlord incentives.
• Budgets and ensures that the necessary accruals are done for lease renewals.
• Obtains construction budgets for pipeline projects for the business case package.
• Projects potential sales of an opportunity through various methods such as consumer buying power of various markets, statistical methods of potential market share, historical data of similar markets and stores as well as property expert knowledge amongst others to ensure accuracy of projections for new sites presented to the board.
• Models various property returns to determine and recommend best returns.
Requirements
- Financial perspective
- Strong analytical and negotiation skills
Qualifications
- Degree in Real Estate, Town Planning, Property Development, Property Management, or related fields
- 6 years of relevant Real Estate experience of which 3 years are at a middle management level.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Retail Jobs in Gauteng
The retail sector in Gauteng is experiencing steady growth, with the demand for skilled professionals driving employment opportunities in various roles. Typically, this includes positions such as visual merchandising assistants, store managers, and logistics coordinators, among others. These careers often require individuals to be adaptable, flexible, and able to work in fast-paced environments.
When it comes to salaries, broad ranges can vary greatly depending on factors such as experience, company size, and industry sector. Typically, salaries for retail professionals in Gauteng generally fall within the following ranges: R40 000 – R80 000 per annum for entry-level positions, with more senior roles commanding salaries ranging from R80 000 – R150 000 per annum or more, depending on individual performance and qualifications.
Common skills required for other retail positions include excellent communication and interpersonal skills, a strong attention to detail, and the ability to work well under pressure. Typically, individuals in these roles also need to be proficient in Microsoft Office software, have basic computer literacy, and be able to lift heavy objects when necessary. Additionally, many employers place a high value on candidates who are customer-focused, flexible, and willing to learn and take on new challenges.
The retail industry sector commonly employs professionals in various roles, including financial services, technology, manufacturing, and e-commerce. These careers often involve working with data, managing inventory, and maintaining a clean and welcoming store environment for customers. Generally, individuals seeking employment in these sectors will need to have a solid understanding of the relevant industry and be able to apply their skills in a practical setting.
For career development, many retail professionals can expect opportunities for growth and advancement within their current organisation or by moving into new roles within related industries. Typically, this may involve completing additional training or education, gaining experience in leadership or management positions, or taking on special projects that showcase one’s skills and abilities.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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