Job closed
Ref: LP588-33
Job description / Role
Role Objective:
The key responsibility of the job holder is to aid the Retail expansion in line with business growth plans, by identifying and acquiring new properties at national/ regional level, negotiate and renew leases and ensure compliance on all related processes.
Key responsibilities:
- Support head of leasing in scouting for local properties / establishments and perform due diligence of prospective sites for retail space and store set up.
- Liaise with the Legal department to work out the legal aspects of the agreement seeking clarifications on legal / financial / other commercial terms
- Source technical drawings / MEP details to finalize layouts with the Mall management / property developers
- Regular meetings with stakeholders like management team/concept heads/LL's on the way forward
- Support the team in preparing feasibilities for new stores
- Support the head of leasing for negotiating rents / leases and commercial terms with mall / retail site owners / proprietors on behalf of the Group within the prescribed financial guidelines.
- Finalize rent / lease agreements, clauses with the internal and external legal department and the property developers
- Mitigate risks of cost increase of the rental properties
Requirements
- Candidate should be qualified CA with relevant experience in similar field and capacity.
- Preferably with GCC experience.
About the Company
Founded in 1973 in Bahrain, the Landmark Group has successfully grown into one of the largest and most successful retail organizations in the Middle East. An international, diversified retail conglomerate that encourages entrepreneurship to consistently deliver exceptional value, the Group operates over 900 stores encompassing a retail presence of over 13 million sq. ft. across Middle East, India, Egypt, Turkey, Yemen and Pakistan (franchise operation). The Group employs around 31,000 employees.