Property Acquisitions Manager
Details
Closing Date
2024/03/21
Reference Number
NAN240312-1
Job TitleProperty Acquisitions ManagerDepartmentPropertyJob TypePermanentReporting To (Job Title)General Manager PropertyNumber of Positions1Location – CountrySouth AfricaLocation – ProvinceGautengLocation – Town / CityJohannesburgNandos CasaCentral KitchenJob Description
The Property Acquisitions Manager is accountable for maximising profit for the Company and its Franchisees by securing new sites and managing existing property portfolios.
Minimum Requirements
Grade 12 or equivalent NQF level 4 qualification
Certificate in Shopping Centre Management
Driver’s License and Own vehicle
10+ years’ experience in Property Management and Leasing
3 – 5 years in Property Acquisitions management
Knowledge
Knowledge of what makes a restaurant successful and ability to forecast (Advanced)
Knowledge of lease agreements (Intermediate)
Knowledge of the brand and what the brand requires (Advanced)
Knowledge of deal structuring (Advanced)
Knowledge of finance (Intermediate)
Knowledge of building drawings (Basic)
Negotiation skills (Advanced)
Oral and written communication skills (Advanced)
Site identification skills (Advanced)
Duties and Responsibilities
Property Acquisition Planning
Conduct business review meetings to assess five-year plan for every Casa
Segment Casas into categories for property planning
Create detailed strategies and plans to support targets and goals as per business reviews
Monitor and report on progress and status
Estate Growth
Seek out and investigate potential business development opportunities and liaise with the Regional General Managers and the Head of Property
Conduct visits to identified sites to perform a physical survey and identify possible options in line with Nando’s criteria
Liaise with landlords to initiate the negotiation process
Negotiate terms and conditions for new Casas, providing proposals to Head of Property, Regional General Managers and Franchisees
Engage with the Design and Development department, ensuring that the site complies with the standards and requirements of new Casas
Liaise with the Network Planner to obtain research on relevant area
Provide parameters for conducting feasibility and profitability studies for possible new Casas
Collect and collate all required documentation, submitting these to the Head of Property, for ultimate approval by the Property Committee and notify the landlord once the site has been approved
Site Handover Consultation
Hand over approved projects to the Design and Development department
Consult with the Design and Development department and advise on the scope of work negotiated with the Landlord
Continue to negotiate and update lease terms with the landlord during construction
Manage the relationship between the Design and Development team and the landlord during construction
On completion of build, conduct and maintain post opening reviews to determine performance of the site and make use of data for future site openings
Renewal and Reduction Management
Conduct risk reviews across all renewals to establish approach to manage within budget
Balance renewal costs based on market related conditions and the Nando’s business model
Conduct negotiations with landlords and track any increased costs to budget
Monitor lease agreement notifications
Manage opportunities on lease renewals to correct historic rentals and reduce rentals
Stakeholder and Relationship Management
Attend industry events to network with and establish relationships with relevant stakeholders
Regularly interact with relevant stakeholders to remain informed on developments and trends in the property market
Build and maintain positive working relationships with landlords
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