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Senior Manager Real Estate Central

vor 2 Monaten

Herzogenaurach, Bayern, Deutschland adidas Vollzeit

About the Role

This position is responsible for driving the profitability of Market Europe Retail & Franchise by securing Real Estate in Central (+ cross border) in alignment with adidas retail store growth targets for European Markets.

Key Responsibilities

  • Identify and evaluate all real estate opportunities through site visits, site selection metrics and criteria, demographic analysis and research to ensure the best locations for the brand are secured.
  • Contribute to the creation of strategic market growth plans, including store growth targets, target markets, etc. for Central/Cross-border.
  • Negotiate Head of Terms with landlords and ensure commercial and corporate requirements are reflected in the final lease agreement.
  • Work with various retail departments to attain internal alignment on site opportunities and sales projections.
  • Present adidas retail concepts to prospective landlords.
  • Steer external Real Estate resources (brokers, landlords, developers, lawyers, etc.).
  • Manage the creation of site justification packets as part of the capital approval processes.
  • Manage the existing store portfolio to actively drive rent reductions, recommend lease renewals and terminations, and negotiate renewals and extensions where appropriate.

Key Relationships

  • Internal - Real Estate department, Retail Store Development, Retail Store Operations, Finance, Merchandising, Marketing, HR
  • External - Landlords, brokers, industry developers and operators, architects, legal partners, general contractors

Knowledge, Skills and Abilities

  • Management ability and competency to manage landlords, brokers, developers, and operators.
  • Strong inside knowledge process management of in-store implementation, architects, regional sourcing, legal partners, and general contractors.
  • Ability to maximize relationships with developers and landlords in the real estate community.
  • Ability to think strategically, define business opportunities and problems, collect, interpret, and analyze abstract and concrete information, and create strategic, value-add solutions.
  • Intermediate to advanced experience with detailed demographic analysis.
  • Ability to travel up to 75% of the time, and in some cases, with limited notice.
  • Strong retail business acumen (operational and fiscal).
  • Strong presentation and communication skills.
  • Excellent negotiation skills and ability to influence others.
  • Strong organizational skills.
  • Proficiency with MS applications (Outlook, Excel, Word, PowerPoint) and other computer software (Internet, POS Systems, etc.).
  • Ability to speak, read, and write English fluently; additional language skills beneficial.

Requisite Education and Experience / Minimum Qualifications

  • Bachelor's degree (B.A.), with an emphasis in real estate or finance / MBA preferred.
  • 4-6 years retail-specific real estate site selection experience, preferably with a major retailer.
  • Minimum of 3 years' experience managing/negotiating external consultants and contractors.
  • Strong relationships and credibility within the retail real estate industry of Germany.