Business Development- Real Estate

Key Performance Expectations

• Rental Savings Deliver measurable rental savings through rent renegotiations, concessions, waivers, and optimization of rentals at underperforming stores.
• Escalation Waivers Achieve commercially viable waivers or reductions against eligible rental escalations through proactive negotiations.
• Rental Payment Discipline Ensure timely and accurate processing of rent, CAM, and other applicable property-related payments.
• Lease Renewal Management Ensure timely completion of renewals and minimize avoidable lease expiries or contractual lapses.
• Agreement Registration Compliance Complete agreement registrations within applicable timelines and maintain accurate compliance records.
• Contract Creation Validation Ensure accurate and timely creation and validation of lease contracts in internal systems to facilitate payment release.
• Landlord Relationship Management Maintain effective landlord relationships and resolve disputes while protecting business interests.
• Store Issue Resolution Resolve property-related store issues within agreed timelines and minimize operational disruption.
• Legal Contractual Risk Management Identify contractual risks and coordinate with Legal to resolve complex landlord and lease-related matters.
• MIS Reporting Maintain accurate trackers, proactive alerts, and timely management reporting.
• Portfolio Management Effectively manage landlord accounts with strong prioritization, follow-up, and execution discipline.

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