Virtuous Retail - Analyst

About VR South Asia (VRSA):

Headquartered in Singapore, VR is the only institutionally backed integrated retail platform that designs, develops, owns, and manages community-oriented lifestyle centres across India. VR's current pan-India portfolio is 14 million sqft., with six operational flagship centres VR Chennai, VR Bengaluru, VR Punjab, VR Nagpur, VR Surat and VR Ambarsar, and two projects under development in New Delhi and Mumbai MMR.

Over the last 15 years, VR has redefined the spatial retail experience for consumers by curating innovative, sustainable, community-centric centres that seamlessly integrate shopping, hospitality, food, leisure, and entertainment. These award-winning lifestyle centres are designed and operated by VR as social hubs that are 'Connecting Communities'- , contributing significantly to India's economy, and enhancing the overall brand image of the city they are located in by celebrating the local culture.

About the Opportunity:

Besides an attractive remuneration package, working for VRSA gives you the opportunity to join a high-growth retail real estate platform that is leading the transformation of retail spaces in India. In this role, you will be working directly with the company's senior management and will get to immediately create a meaningful impact on a 1.0mm sqft. branded development that has the potential to completely reimagine retail, entertainment, F&B, rental living and other lifestyle offerings in Delhi. Because the project is in its initial phase of development, you will experience first-hand what it takes to launch a US$220mm-plus (INR ~1,700 crore) landmark city-centric project, notably in a fast-growing market like India. The team is fast paced, hard-working, and results-oriented, and we are committed to providing you the opportunity to move ahead more rapidly than is possible at most other places in this industry.

Core Responsibilities:

The Analyst will play a significant role in realizing the company's vision for the development while delivering community-centric lifestyle destinations that will redefine India's built environment. He / she will:

- Support the Development Manager in the successful delivery of one or more real estate projects across the development lifecycle

- Assume responsibility for all real estate and related-industry market research, including primary and secondary data collection for the retail, office, hospitality and F&B sectors, creation and maintenance of a research database and presentation of information to management

- Coordinate and review catchment market research undertaken by third-party vendors.

- Monitor, record and update management on all relevant market activity, including public policy, competitor developments, infrastructural improvements etc.

- Assist in updating the underwriting model, adjusting for changes in the cost and revenue side of the project throughout the development life-cycle and reporting impact on projected investment returns; providing inputs for cashflows, budgets and valuation studies.

- Coordinate and collaborate across internal functional groups and external consultants in carrying out their project responsibilities, facilitating necessary calls / meetings

- Coordinate the implementation of process improvement initiatives

- Monitor and report on the development's execution through to completion, including construction progress, sales and marketing, soft launch etc.

- Produce the regular Monthly and Development Management reports, assembling inputs from the wider project team into a comprehensive reporting package for presentation to management and other senior stakeholders

- Help facilitate the monthly Development Management Meetings, including the recording of minutes and follow-up on action points