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25/04 Isha Tandon
HR at Adidas

Views:9029 Applications:231 Rec. Actions:Recruiter Actions:8

Adidas - Senior Manager - Real Estate (10-15 yrs)

Delhi/NCR Job Code: 329190

Purpose & Overall Relevance for the Organization :

- This role is responsible to maximize the profitability of Retail by securing Real Estate in alignment with the adidas Group's retail store growth targets for the dedicated Market.

- This function will be accountable for identifying potential sites, assessing their viability, lease negotiation of sites as well as ensuring that financial hurdles are met in the overall development of adidas Group retail locations. This role will also built network with key real estate developers.

Key Responsibilities :

Functional :

- To identify and evaluate all real estate opportunities through site visits, site selection metrics and criteria, demographic analysis and research to ensure the best locations for the brand are secured

- To manage metrics and criteria for which site selection decisions will be made (research analytics, financial performance, revenue prediction models)

- To negotiate letters of intent and key lease deal points to the brand's advantage & Franchisee Partner and company owned retail stores.

- To present the adidas Group's retail concepts to prospective landlords

- To manage external Real Estate resources in locating and evaluating potential sites

- To manage the creation of site justification packets as part of the capital approval processes.

- To evaluate existing store portfolio to actively drive relocation, rent reductions, recommend lease renewals and terminations and negotiate renewals and extensions where appropriate

- To account for the real estate organization performance and cost base by Concept across the Market

Personnel :

- Set personal objectives, targets, guidelines and assess all reports

- Develop the functional and social skills of direct reports on and off the job

- Manage all reports as an integrated team by setting team objectives, targets and guidelines

- Ensure smooth cooperation of all direct reports along all interfaces

Controlling :

- To measure progress on own KPIs

- To report to all superiors

- To monitor all reports

- To monitor and report on customers and competitors sell-through and activities, and propose/initiate/take actions

- To provide realistic plans

Authorities :

- None

Key Relationships:

- Global Retail Centre of Excellence (CoE)

- Customers

- CoE Expansion

- Market Retail team including:

- Retail Back Office (RBO) team (within both Lead and Multifunctional Markets)

- Regional Real Estate Managers

- Senior Retail Director

Senior Manager Store Development

Knowledge, Skills and Abilities :

- Good IT skills (Word, Outlook, Excel, PowerPoint)

- Fluency in English and local language of Market HQ

- Good numeracy, literacy, verbal and written communication skills

- Geographical mobility

Requisite Education and Experience / Minimum Qualifications :

- University degree with an emphasis in real estate or finance preferred, or equivalent professional experience

Functional: - 4 years retail specific real estate site selection experience, preferably with a major mall based retailer

Leadership: - 2 years- experience

Industry: ideally in apparel/fashion/shoes (or FMCG )

Exposure: Sports, store implementation, Real estate community, legal partners

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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