
Website The Foschini Group - TFG
Job Description:
To secure new premises for the Group in line with the Group’s strategic plan and negotiate extended tenure on existing premises, ensuring the best cost of occupation in all premises in the most suitable locations and in configurations on the most favorable terms.
Job Responsibilities:
- Trading company’s strategic sites to be actively pursued
- Develop and maintain great relationships with Landlords and property agents
- Deliver space and create strategic value in the property arena for the divisions and brands
- Align property development strategy to industry norms and best practices to retain the Group’s competitive advantage within its property portfolio
- Understand, co-create and add value to and action trading division location strategies
- Present and interact with trading companies and Group store development at Estates meeting and outside of them with regards to sires, renewals and co-dependencies
- Review store trading densities on a going basis to identify opportunities to reduce or enlarge a store
- Review lease agreements and identify opportunities to re-negotiate more favourable lease and rental terms
- Dispose of excess Group space on the best terms possible by either handing back or sub-letting premises.
- Analyze and understand the locations and performance of stores in the northern region including new stores
- Stakeholder Relationship Building, Networking and ManagementKnowledge of geographic areas and locations Conduct research to establish the market potential and viability of proposed projects
- Develop a close working relationship with the chains to ensure that their property requirements are met
- Network with industry players and competitors to ensure the Group stays ahead of developments in the market
- Develop and maintain contacts with key role players in the industry (I.e. developers, landlords, chains, property consultants, etc.) to ensure the Group remains a retailer of choice in Property Development
- Liaise with the Property development team and share all relevant information to facilitate the successful completion of projects
- Develop good relationships with landlords and ensure TFG is top of mind
- Present TFG brand strategies to Landlords
- Firm but fair negotiations with regards to rentals and escalations
- Have and maintain industry knowledge. Monitor progress of shopping centre development and report on any deviations of the agreed parameters, and take corrective action
Job Requirements:
- 3/4 year degree/honours degree in business, marketing or property studies/valuations
- 8 years’ experience in middle/senior management in business, marketing, retail or retail property industry
- Proficient at excel, word, and PowerPoint
- Retail and retail property knowledge
- Business Acumen
- Be Driven
- Communication skills and the ability to Influence
- Strategic Awareness
- Decision-making ability
- Financial Management skills
- Relationship Building and Networking
- Planning & Organising ability
- Problem-Solving skills
- Negotiation Skills
Job Details:
Company: The Foschini Group – TFG
Vacancy Type: Full Time
Job Location: Kempton Park
Application Deadline: N/A
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