Business Development Executive - Retail Property Acquisition

Role & responsibilities

will be responsible for identifying and executing strategic business expansion opportunities. This includes scouting and finalizing new locations, managing property acquisition processes, coordinating with project teams for store fit-outs, and ensuring regulatory compliance. The role demands a strong blend of real estate expertise, legal knowledge, stakeholder management, and business development acumen to drive growth and strengthen the organization's market presence.

Preferred candidate profile

Business Expansion & Site Acquisition

• Conduct market research and feasibility studies to identify new locations and potential areas for business expansion.
• Analyze demographic, economic, and competitive factors to select the best sites aligned with the organization's growth strategy.
• Oversee the end-to-end property acquisition process, including negotiation, documentation, and legal due diligence.
• Ensure compliance with all legal, regulatory, and zoning requirements for new sites.
• Develop and maintain a strong network of real estate agents, landlords, and property consultants to facilitate site selection.

Project Coordination & Store Fit-Out Execution

• Collaborate with the project and operations teams to ensure smooth execution of store fit-outs and timely openings.
• Monitor the progress of new store projects, ensuring adherence to timelines, budgets, and quality standards.
• Address and resolve any challenges related to construction, permits, or vendor management.

Government Liaison & Regulatory Compliance

• Establish and maintain relationships with government authorities and regulatory bodies to facilitate licensing and approvals.
• Ensure timely procurement of all required permits and legal documentation for store openings.
• Stay updated on regulatory changes affecting property acquisition and business expansion.

Business Development & Strategic Growth

• Identify and develop new business opportunities through partnerships, collaborations, and strategic alliances.
• Explore innovative market expansion strategies to increase the company's footprint.
• Build and maintain strong relationships with potential clients, investors, and industry leaders.
• Attend industry conferences, networking events, and meetings to stay updated on market trends.
• Drive initiatives to enhance the value of existing locations while expanding into new markets.

Marketing & Sales Initiatives

• Oversee the development of marketing strategies to promote new store openings and expansion plans.
• Collaborate with the marketing team to execute brand awareness campaigns in new locations.
• Research competitors and market trends to refine business development strategies.

Team Leadership & Development

• Lead and mentor the business development team, ensuring alignment with organizational goals.
• Set targets, track performance, and drive the achievement of business growth objectives.
• Provide training and development opportunities for team members to enhance their skills.

Candidate Profile:

• Education: Bachelors or Master’s degree in Business Administration, Marketing, Real Estate, or a related field.
• Experience: 10+ years of experience in business development, real estate, or retail expansion, with a proven track record of successful market growth.

Skills & Competencies:

• Strong legal and regulatory knowledge of property acquisition and leasing.
• Expertise in site selection, feasibility analysis, and negotiations.
• Excellent relationship-building and stakeholder management skills.
• Strong leadership and team management abilities.
• Strategic thinker with a results-driven approach.
• Proficiency in MS Office (Word, Excel, PowerPoint, Outlook).
• Ability to handle multiple projects and work in a fast-paced environment.
• Willingness to travel extensively for site visits, meetings, and industry events.