Associate Director of Real Estate

Location: Singapore
Discipline:
Client type:
Contact: Asher Tan
Reference: 1969
Posted: 11 days ago

Our client is a reputable and trusted brand in Singapore, known for their reliability and quality. They are a leading brand in the retail space, and offers a dynamic and supportive work environment where you can grow your career through their comprehensive training programs and clear career pathways. Their competitive compensation and benefits package, coupled with a strong commitment to work-life balance, ensures that you are well-supported both professionally and personally. You will also have the opportunity to contribute to meaningful community initiatives and be part of their exciting journey towards digital transformation. If you are looking for a fulfilling and stable career with a company that values innovation, teamwork, and community impact, our client is the place for you.

They are seeking an experienced and results-driven professional with deep knowledge in the Real Estate landscape and the ability to formulate win-win strategies with landlords and partners. You will lead a team up to 10 to identify and secure new locations and maintain the existing network in support of the business strategy to further increase market share.

Key Responsibilities
- Relationship Building: Establish and maintain strong relationships with landlords, government authorities, and other stakeholders in Singapore to facilitate real estate transactions.
- Pipeline Generation: Actively engage with developers and property owners to develop a robust pipeline of opportunities.
- Opportunity Identification: Identify new growth opportunities, locations, and property types by analyzing customer demographics and competitive landscapes.
- Network Optimization: Regularly review the store/outlet network to maximize sales and rental return.
- Lease Management: Oversee the identification, evaluation, and negotiation of new and renewal leases, managing interests of both internal and external stakeholders.
- Cost Optimization: Secure favorable lease terms to achieve occupancy cost targets.
- Strategic Presentations: Develop and deliver data-driven presentations to senior management to facilitate strategic decision-making.
- Team Collaboration: Co-manage the Facilities Management team with the Director and Head of Real Estate to oversee store/outlet and centralized facility operations.
- Budget Management: Manage CAPEX and OPEX budgets, monitor actual spending, and ensure cost-effectiveness to meet or exceed annual corporate goals and targets.
- Project Execution: Plan, organize, and execute building alterations and additions (A&A), warehouse setups, space relocations, and office renovations, coordinating with internal and external stakeholders.
- Initiative Leadership: Lead and collaborate with cross-functional stakeholders to develop and implement sustainability initiatives that support the Group’s sustainability goals.
- Team Development: Recruit, train, develop, and retain a high-performing real estate team.
- Mentorship: Provide guidance, mentorship, and performance feedback to team members.

Key Requirements
- Degree in Real Estate or equivalent qualification or related field.
- Minimum 10 years of experience in real estate leasing transactions, with a strong background in asset and property management in retail and/or F&B sectors.
- Experience in facilities management & investments will be an advantage.
- Financial acumen with the ability to understand & manage P&L statements and budgets.
- Exceptional leadership and team management skills, with a demonstrated ability to work with & motivate cross-functional teams.
- Visionary thinking, creativity, and the ability to translate ideas into action.
- Excellent communication and influencing skills, with the ability to engage effectively with a wide range of stakeholders.

If you feel this role fulfils your career aspirations, please do reach out to Asher Tan at asher.tan@annexion-partners.com