Browse Similar Jobs: Real Estate/Property Mgmt
Head of Real Estate
Req Number: AP - 3208
Country China Peoples Republic of Department Retail
State Province China Peoples Republic of Job Type Retail - Retail Backoffice Retail - Retail Real Estate
City Location Shanghai Brand adidas GROUP
PostalZip code Not specified Travel Extent 25 - 50
Purpose
As a member of the Retail Operation Center Asia Pacific team you will support the Vice President AP with multi-brand Real Estate responsibilities You will be responsible for securing real estate in alignment with all brands’ retail store growth targets You and the real estate teams in countries will also be accountable for identifying potential sites assessing their viability lease negotiations surrounding sites as well as ensuring that financial hurdles are met in the overall development of adidas Group retail locations
Key Responsibilities
Functional
* To manage markets’ real estate teams real estate brokers landlords legal partners & vendors
* To maximize relationships with developers and landlords in real estate community
* To identify and evaluate all real estate opportunities through site visits site selection metrics and criteria demographic analysis and research to insure the best locations for the brand are secured Present recommendations to the Vice President Retail AP and the Sr Management team
* To serve as the internal brand expert for retail real estate opportunities and present the brands retail concepts to prospective landlords ICSC regional ICSC
* To create and manage metrics and criteria for which site selection decisions will be made research analytics financial performances revenue prediction models and to negotiate letters of intent and key lease deal points to the brands advantage
* To work with various retail departments to attain internal alignment on site opportunities and sales projections
* To manage external real estate resources in locating and evaluating potential sites and manage the creation of site justification packets as part of the capital approval processes
* To evaluate existing store portfolio to actively drive rent reductions recommend lease renewals and terminations and negotiate renewals and extensions where appropriate
* To contribute to the development of the AP Retail strategy
* To account for the real estate organization performance and cost base
Personnel
* Build develop and lead a strong team of Real Estate professionals in function as well as functional reports in countries toward the achievement of common goals and fieldstores
* To set personal objectives targets guidelines and assess all reports
* To develop the functional and social skills of direct reports on and off the job with special focus on talents
* Build a real estate team that shares experiences ideas and best practice approaches as well as challenging existing practices in order to continuously improve overall Retail performance and organizational efficiency
* Manage support and develop a diverse team in AP and on country level to excel in internal and external customer satisfaction
* To be recognized as an embedded member of senior management of ROC Retail and be a close business partner to other team members
* Eliminate the culture of ”not invented here” and encourage one of best practice sharing benchmarking and driving performance through KPI’s and accurate management data
KPIs
* Attainment of overall business objectives and Financial Targets for Group Retail
* Securing real estate locations in alignment with all brands’ retail store growth targets
ExperienceEducation
* University degree or equivalent
Functional
* Minimum of 10 years progressive work experience in real estate site selection preferably with major retailer
* Minimum of 4 years experience managingnegotiating external consultants and contractors
Leadership
* 5-8 years leadership experience in Retail environment
Exposure
* Multi-national Multi-location real estate responsibilities
* Inter-PersonalInter-Departmental Relationships Change Management and Organizational Development
* International Exposure preferably worked and lived in different countries and continents
* Member of functional councils and networks Ability to illustrate and inspire a Strong cooperation and affinity in Retail