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Vinaya Jhangiani

Team Executive at Michael Page

Last Login: 27 September 2022

21112

JOB VIEWS

1780

APPLICATIONS

470

RECRUITER ACTIONS

Job Code

750139

General Manager/City Head - Business Development - Co-Living Firm

3 - 10 Years.Bangalore/Mumbai
Posted 4 years ago
Posted 4 years ago

Looking for candidates- with prior experience in Business Development / Expansion / Acquisition from:

a. Co-living Firms

b. Leading Developers

c. IPCs in the Land Transactions, Capital Markets, and Consulting Teams.

d. Private Equity Funds with exposure to Real Estate Investments.

Job Description:

1. Strategize and prepare an execution plan for identifying prospective markets and deal sourcing to create a strong development pipeline across key cities in the region. The strategy would incorporate a focus on ready properties, high return markets, product fitment, inventory scale, and geographical network to achieve the ROI desired by shareholders;

2. Create a heat map, indicating the development attractiveness, of the cities/micro markets in the allocated region - in consultation with the CDO. Focus proactive effort on rapidly activating operating supply in such identified priority markets.

3. Source the real estate: specific brief of the requirement communicated to a network of hotel consultants, IPCs, local real estate brokers established during visits to the city.;

4. Evaluate Detailed Market, Financial and Development Environment analysis carried out to short-list feasible investments amongst all deals sourced.

5. Structure transactions, where required:

a. To suit the nature of development (JV with Developers / Multi-Property Agreements with Educational Institutions / Acquisition of Existing Portfolios;

b.To mitigate the cost of acquisition (revenue share long term leases in high property price markets, acquisition of an undivided share of land in master-planned developments, etc.)

6. Conduct Negotiations (commercial and document) and engage with Landowners on a consistent basis through the life-cycle of the transaction.

7. Coordinate and complete, with the help of Legal and D&C Teams, legal, architectural and cost due- diligence on the proposed property.

8. Preparation and presentation of Project Investment Memorandum to seek internal approvals

9. Documentation, Execution and Closure of the various stages of Transaction.

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Posted By

user_img

Vinaya Jhangiani

Team Executive at Michael Page

Last Login: 27 September 2022

21112

JOB VIEWS

1780

APPLICATIONS

470

RECRUITER ACTIONS

Job Code

750139

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