To identify and evaluate all real estate opportunities through executing strategic portfolio planning, site visits, site selection metrics and criteria, demographic analysis, and research to ensure the best locations for the brand are secured.
To manage metrics and criteria for which site selection decisions will be made (research analytics, financial performance, revenue prediction models)
To negotiate letters of intent and key lease deal points to the brand’s advantage
To present the adidas Group’s retail concepts to prospective landlords
To identify franchise opportunities with multiple and cross border landlords to achieve best possible deal making.
To manage external Real Estate resources in locating and evaluating potential sites, especially the cross-border strategic landlords
To manage the creation of site justification packets as part of the capital approval processes.
To evaluate existing store portfolio to actively drive rent reductions, recommend lease renewals and terminations and negotiate renewals and extensions where appropriate.
Key Relationships:
Global Retail Centre of Excellence (CoE)
Customers/Partners & Landlords
CoE Expansion
Market Retail team including:
Retail Back Office (RBO) team (within both Lead and Multifunctional Markets)
Regional Real Estate Director
Franchise & Retail Director & Managers
Manager Store Development
Knowledge, Skills, and Abilities:
Good IT skills (Word, Outlook, Excel, PowerPoint)
Good numeracy, literacy, verbal, and written communication skills
Ability to travel up to 50% (across Egypt, Jordan & Morocco)
Real Estate market across Egypt, Jordan and Morocco
Requisite Education and Experience / Minimum Qualifications:
Functional: Solid retail specific real estate site selection experience, preferably with a major mall-based retailer
Industry: ideally in apparel/fashion/shoes or FMCG
Leadership: Previous experience managing a team
Fluent in both Arabic & English (Read, Write and Speak)
Exposure: Sports, store implementation, Real estate community, legal partners, Retail Leasing
University degree with an emphasis in real estate or finance preferred, or equivalent professional experience.