Principal Officer - Real Estate Fund

Company: Real estate private equity fund (HQ in Mumbai) with an excellent track record, part of a more diversified group with over USD 7 bn of assets under management

Role: Principal Officer - Real Estate Fund - GIFT City

Location: GIFT City - Ahmedabad

Role:

- Manage company's diverse real estate lease portfolio and initiatives

- Participate in the development of business plans and responsible for the implementation of the plans to maximize the value of each asset/property in their portfolios

- Conduct market and demographic research, as well as site selection and property tours with teams and third-party service providers

- Prepare market and initial site analysis, including trends, competition reports, and general site information

- Prepare financial analysis to support recommendations

- Develop and analyze budgets and financial information for new locations

- Negotiate all terms of a contract with prospective developers with internal legal team to edit agreements and necessary legal documents

- Ensure obligations are fulfilled, documentation and company issues are resolved

- Build and direct a team of external real estate brokers to execute company strategies with respect to real estate activities and management

- Manage real estate location inquiries, suggestions, and requests regarding prospective locations as assigned

- Regularly and efficiently communicates with all parties involved in a project

- Communicate resource shortfalls to seniors in a timely manner

- Establish and maintain relationships with REITs, brokers, developers, and investors

- Prepare and send out monthly MIS, and keep accounting books and records for all properties in the portfolio

- Render assistance during acquisition and disposition of properties

- Model a full lifecycle financial analysis for projects/assets in the portfolio

Requirement:

- Education: A minimum of a Bachelor's degree in Finance, Accounting, Business, Marketing, or Real Estate is required, but possessing MBA / CA / CFA qualification is an added advantage

- Knowledge: Extensive understanding of real estate, with a proven track record of successful real estate transactions across multiple property types is essential

- Entrepreneurial spirit: It is essential in this role to be entrepreneurial since many of the activities involved, such as negotiations, approvals and lease analysis, require that risks be assumed and forecasts made

- Strong analytical skills: This skill is essential for evaluating and completing a wide range of real estate transactions

- Communication skills: To successfully perform the duties, must possess strong verbal and written communication skills

- Interpersonal skills: This is required for establishing and building and maintaining relationship with relevant parties

- Strong organizational skills: This is essential to effectively coordinate and manage multiple assignments, as well as prioritize tasks and efforts

- Negotiation skills: Highly developed negotiation skills are required for negotiations with property owners, investors, and others.