Reports to Head of Property, Iberia
Location: Lisbon

Key Responsabilities

Acquisition

• Business Expansion in Portugal according to agreed target locations contained within the Portuguese Road Map.
• To proactively find and develop opportunities to expand the Primark store portfolio in accordance with business objectives.
• Tasks to include:
  • Manage the acquisition process from opportunity identification through to lease execution, managing external lawyers and working closely with internal departments (Retail, Store Operations, Finance, Logistics etc).
  • Manage (with other Stakeholder, principally Finance), the production of an internal detailed business case that accurately highlights the strengths and weaknesses of any new store proposition.
  • Agree Heads of Terms including all financial and all relevant lease clauses to a completed Agreement for Lease (AFL) and Lease.
  • Lead the AFL and Lease negotiate to the signing of all legal documents, managing external legal advisors.
  • Agree acquisition tactics and manage internal process to obtain board approval.
  • Develop contacts throughout the property industry as required.

Management

• Manage the day to day operation of the Estate and work in collaboration with Asset Manager to include:

• Rent reviews: Achieve the best terms possible outcome in line with business objectives to minimise ongoing leasehold liability.
• Lease renewals: Proactively through the in-house Property Data base bring forthcoming lease expiries to the attention of the Business in a timely manner and where required manage the process of lease renewal.
• Re-gears lease conditions to enable the Business to undertake high capital initiatives eg. Refits.
• Relocations and extensions: maximise opportunity and minimize ongoing leasehold costs.
• Where required close or dispose of property interests in accordance with business objectives.
• To produce timely and accurate workflow reports.
• To develop and effectively manage a comprehensive network of external contacts within the property industry particularly agents, landlords and developers for Portugal.
• Update the department property database to assist with the management of the Estate.
• To support Store Operations team leading up to and after store handover.

General

• To control and manage advisors and consultants who may be used from time to time e.g. surveyors, solicitors and other specialists.
• To follow up and meet the deadlines set by the company regarding new projects and works at stores, to comply with the opening dates of the same.

• 5 to 10 years of experience
• High/Advanced English language level
• High level of Excel

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