Shoprite Group of Companies Lease Property Portfolio Manager Jobs in South Africa

Shoprite Group of Companies Lease Property Portfolio Manager Jobs in South Africa


Purpose of the Job

  • The purpose of the Lease Property Portfolio Manager role is to facilitate the administration of leases, liaison with the landlords regarding maintenance issues at stores, and the timeous coordination of renewal of leases. The role supports the Properties team to enforce contractual obligations with landlords, feasibility studies, board approvals and contract administration.

  • The role is accountable for the delivery of detailed administration, meaningful inputs and communications to support the property related policies, procedures and templates to ensure compliance, viable commercial outcomes and operational efficiencies that develop and support the property leasing team to achieve its mandate.

    Job Objectives

  • Ensure the effective facilitation and management of the assigned Lease portfolio including the clear understanding of various Leasing formats and capacities (anchor tenant, headlease, trade support facilities etc).

  • Monitor and manage all leasing and maintenance related aspects including but not limited to new Lease Agreements, Lease Renewals, Lease obligations and compliance.

  • Ensure the timeous exercising of the renewal options, including the most favourable terms for the company.

  • Supporting and providing information where necessary to complete viability studies.

  • Completing & obtaining approval for Directors Resolutions, letters of renewal to Lessor's & drafting & signing of lease renewal addendums. Ensure complete process from viabilities to Directors Resolutions & signed leases is completed.

  • Negotiating with Lessor to ensure lowest rental terms possible for renewal periods &/or negotiating additional options or new leases where possible and necessary.

  • Obtain estimate cost reports from Divisions to negotiate with Lessor's regarding contributions or rentalisation of refurbishments/enlargements costs.

  • Assisting Divisions with operational issues including corresponding with Lessor's who are not complying with Leases in terms of proper external maintenance, adequate security etc.

  • Supporting New Business Development Managers with financial calculations/viabilities regarding new lease agreements or rentalisation of costs for store enlargements.

  • Participate in the viabilities activities and related calculations regarding the purchasing of existing leased stores or selling existing owned premises, as well as for possible termination of leases (conversion of Head Lease to store lease).

  • Together with the Development Managers, participate in the viabilities activities and related calculations regarding additions to existing owned properties or refurbishments of internal stores/ DC premises.

  • Support the properties and leasing team with any additional administration, liaison, feasibility / viabilities calculations and general projects.

    Qualifications

  • Matric (Essential)

  • Degree in Legal or Property Contract Management and/or Financial / Commercial Business Management or equivalent (Essential)

    Experience

  • 3+ years experience in a similar role: managing a lease orientated portfolio - within a legal / financial / contractual capacity in a ‘property’ orientated
    sector managing landlords – ideally in a multi-stakeholder portfolio with nationally distributed locations and brand imperatives (Essential)

  • Exposure to legal contractual principles and obligations involving governance frameworks, risk analysis/mitigation and stakeholder analysis/engagement (Essential)

  • Demonstrable track record of executing commercial and analytical activities related to feasibility and advisory inputs (Essential)

  • Experience in a Group wide / cross-functional matrix structure (Desirable)

    Knowledge and Skills

  • A clear understanding of the landlord and retail rental landscape within a South African context.

  • Extensive knowledge of Property Leases and Contractual management combined with the ability to influence, negotiate and manage landlords and respective property portfolios in a broad and layered distribution context.

  • Self-motivated and driven with strong integrity - take accountability for actions and mistakes.

  • Critical and analytical thinker - analyse the lease portfolio context, identify compliance risks, and establish practice standards and monitoring mechanisms.

  • Big picture with detail orientation - able to scan the broader environment for risk and opportunities.

  • Collaborative partnering - think and act independently as well as collaboratively. Excellent stakeholder engagement and empowerment.

  • Exceptional communicator - at all levels both verbal and written. Approachable, adopt a range of communication styles to facilitate successful outcomes within the team and cross-functionally in a matrix structure.

  • Conflict resolution and resilience - open, honest and direct in giving and receiving constructive feedback. ‘Bounce back and try again’ attitude during adversity.

  • Quality orientation – diligently staying on top of the details and understanding how they fit into the big picture.

  • Problem solving - Solution orientated, guide the Group / business in solving problems that align and comply with the Group Property/Lease framework.

  • Adapting and responding to change - outcomes orientated, delivering results and meeting business expectations in a fast- paced unpredictable environment.

  • Ability to work in a fast-paced environment & effectively manage multiple priorities - high flexibility and tolerance for ambiguity and new strategies and process approaches.

  • Understanding of property innovations and evolving technologies and digital opportunities and the leasing/contractual options and implications.

    How to Apply

  • For more information and job application details, see; Shoprite Group of Companies Lease Property Portfolio Manager Jobs in South Africa


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