Deputy Head, Real Estate

2 weeks ago

Singapore Macdonald & Company Full time

**Location**:
**Singapore**

**Salary**:
**Attractive**

**Job Type**:
**Permanent**

**Reference**:
**71337**

**Job Summary**: This is a Deputy Head of Real Estate for a retailer in Singapore.

Leading the Real Estate business, you will play a pivotal role in driving the development and implementation of a comprehensive real estate strategy for our business expansion in Singapore, aligned with the overall group objectives and growth plans. We are seeking an experienced and results-driven professional with deep knowledge in the Real Estate landscape and the ability to formulate win-win strategies with landlords and partners. You will lead a team up to 10 to identify and secure new locations and maintain the existing network in support of the business strategy to further increase market share in Singapore.

**Responsibilities**
**Engagement & Pipeline Development**:

- Foster and maintain robust connections with landlords, government authorities, and various stakeholders in Singapore to facilitate real estate transactions.
- Proactive seek pipeline by engaging with developers and property owners.
- Identify new growth opportunities, locations, and property types, considering customer demographics and competition.
- Drive regular review store/outlet network to optimize sales to rental return.

**Property Acquisition and Negotiation**:

- Oversee the identification, evaluation, and negotiation of new & renewal leases and managing internal and external stakeholders interest.
- Secure favorable lease terms to improve occupancy cost targets.
- Develop and present data-driven presentations to communicate recommendations and key insights to senior management to enable strategic decision-making.

**Facilities Management**
- Co-manage the Facilities Management team with the Director and Head of Real Estate, to manage all the facilities in stores/outlets and centralized facilities.
- Manage CAPEX & OPEX budgets, actual spending, KPIs and ensuring cost-effectiveness to meet or exceed annual Corporate Goals & Targets.
- Plan, organize & execute building A&A works, warehouse setup, space relocation and office renovation works including liaison with internal and external stakeholders.

**Sustainability**
- Lead and work with internal cross functional stakeholders to establish & implement sustainability initiatives that will contribute to the Group’s sustainability goals.

**Team Leadership**
- Recruit, train, develop and retain a high-performing real estate team.
- Provide guidance, mentorship, and performance feedback to team members.

**Requirements**:

- Degree in Real Estate or equivalent qualification or related field.
- Minimum 10 years of experience in real estate leasing transactions, with a strong background in asset and property management in retail and/or F&B sectors in Singapore.
- Experience in facilities management & investments will be an advantage.
- Financial acumen with the ability to understand & manage P&L statements and budgets.
- Exceptional leadership and team management skills, with a demonstrated ability to work with & motivate cross-functional teams.
- Visionary thinking, creativity, and the ability to translate ideas into action.
- Excellent communication and influencing skills, with the ability to engage effectively with a wide range of stakeholders.

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