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Job Description
- Role : Asset Manager
- Experience : Minimum 5 to 8 years
- Location: Mumbai ,Govandi (Head Office)
- Department: Business Development
- Qualifications : Graduation/MBA preferred
Role Overview :
The Asset Manager will be responsible for overseeing and optimizing the company's retail real-estate portfolio across all regions. The role will focus on managing landlord relationships, ensuring timely renewals, driving rental efficiencies, enabling relocations/closures, and ensuring recovery of deposits. This position requires strong negotiation skills, cross-functional coordination, and a strategic approach to asset optimization.
Key Responsibilities :
1. Lease Renewals & Negotiations
- Lead and manage the end-to-end process of lease renewals for all stores.
- Assess commercial terms, market benchmarks, and business viability to negotiate favorable outcomes.
- Ensure timely closure of renewals to avoid business disruption.
2. High-Stake Landlord Issue Management
- Act as the central point of contact for all critical and escalated landlord concerns.
- Resolve disputes related to rentals, contracts, and compliance in coordination with legal and finance teams.
- Maintain healthy long-term relationships with key landlords and mall partners.
3. Rental Optimization & Savings
- Identify opportunities for rent savings both cyclical escalations and ad-hoc renegotiations.
- Analyze lease performance, market trends, and store profitability to drive commercial efficiencies.
- Present rent-saving plans and outcomes to leadership.
4. Relocations & Store Closure Support
- Collaborate with internal stakeholders (Operations, Projects, Finance, Legal) on store relocation and closure decisions.
- Lead external discussions with landlords and mall management for smooth transitions.
- Ensure compliance with contractual obligations during closures/exit negotiations.
5. Security Deposit Recovery
- Drive recovery of security deposits for closed or dropped stores.
- Track deposit statuses, coordinate with Finance, and ensure accurate reconciliation.
- Minimize outstanding dues by proactively following up with landlords.
Skills & Competencies
- Strong negotiation and stakeholder management skills
- Excellent communication and interpersonal abilities
- Analytical mindset with understanding of commercial real-estate
- Ability to manage multiple regions & priorities simultaneously
- Knowledge of lease agreements, rentals, and landlord regulations
- Proficiency in MS Excel, PowerPoint and documentation
Experience & Qualifications
- Graduation/MBA preferred
- 5 to 8 years of experience in asset management, leasing, business development, or retail real-estate (preferred)
- Experience managing multi-region portfolios is an advantage
- Experience in handling QSR Industry Property will be an added Advantage
Interested candidates can share their resume on bhakti.oasis04@gmail.com or click Apply
Skills
Lease RenewalCorporate Real EstateProperty AcquisitionAsset ManagerNegotiationRental AgreementLease AdministrationDeposit RecoveryIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
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