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property acquisition manager @ Megma Services

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 property acquisition manager

Job Description

    Job Summary:

    We are looking for a dynamic and result-driven Retail Property Acquisition Manager to lead the identification and acquisition of high-potential retail properties for our store expansion across targeted cities. The ideal candidate will have deep market knowledge, strong negotiation skills, and experience in retail property scouting and deal closure.


    Key Responsibilities:

    • Identify suitable retail properties across high streets, malls, and commercial areas aligned with brand standards.

    • Conduct site feasibility analysis, footfall studies, and competitor mapping.

    • Negotiate lease/rental terms and manage commercial closures in coordination with landlords and legal teams.

    • Collaborate with real estate consultants, brokers, and IPCs (e.g., CBRE, JLL).

    • Manage end-to-end documentation: LOI, lease agreements, compliance checks.

    • Liaise with internal teams (Legal, Projects, Finance, Operations) to ensure smooth onboarding of new properties.

    • Track market trends, rental benchmarks, and new developments in target locations.

    • Maintain a property pipeline and MIS reporting of property status and deals in progress.


    Key Requirements:

    • Bachelors degree in Business, Real Estate, or related field. MBA preferred.

    • 5+ years of experience in retail real estate acquisition or franchise/property development.

    • Strong local market knowledge in assigned region(s).

    • Proven negotiation and communication skills.

    • Understanding of legal and commercial terms of lease/rental agreements.

    • Ability to travel extensively within the region.


    Preferred Backgrounds:

    • Candidates from retail brands (QSR, fashion, jewelry, electronics, FMCG, etc.)

    • Candidates with experience in handling brokers, real estate agents, or IPCs.

Employement Category:

Employement Type: Full time
Industry: Retail
Role Category: Property Management
Functional Area: Not Specified
Role/Responsibilies: property acquisition manager

Contact Details:

Company: Megma Services
Location(s): Vijayawada, Guntur

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Keyskills:   property acquisition franchisee development property property management

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₹ 4 to 9 Yr

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Megma Services

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