Property Manager Portugal

Primarket; Lisboa; On-site; EUR 90,000 - 130,000; Full time

Job summary

Primark is seeking a Senior Property Acquisition professional to lead expansion in Portugal from Lisbon. You will manage the acquisition process, develop business cases, and negotiate AFL/Lease terms with external advisers while coordinating with Retail, Store Operations, Finance, and Logistics.

The role requires 5–10 years in property or retail real estate, advanced English, and strong Excel capabilities, reporting to the Head of Property, Iberia, in Lisbon.

Qualifications

• 5–10 years of experience in property acquisitions or retail real estate.

Responsibilities

• Lead acquisition from opportunity to lease execution, coordinating with internal teams and external lawyers.

Skills

English (Advanced)

Tools

Excel

Job description

Reports to Head of Property, Iberia
Location: Lisbon

Job Description

Key Responsabilities
Acquisition

• Business Expansion in Portugal according to agreed target locations contained within the Portuguese Road Map.
• To proactively find and develop opportunities to expand the Primark store portfolio in accordance with business objectives.
• Tasks to include:
  • Manage the acquisition process from opportunity identification through to lease execution, managing external lawyers and working closely with internal departments (Retail, Store Operations, Finance, Logistics etc).
  • Manage (with other Stakeholder, principally Finance), the production of an internal detailed business case that accurately highlights the strengths and weaknesses of any new store proposition.
  • Agree Heads of Terms including all financial and all relevant lease clauses to a completed Agreement for Lease (AFL) and Lease.
  • Lead the AFL and Lease negotiate to the signing of all legal documents, managing external legal advisors.
  • Agree acquisition tactics and manage internal process to obtain board approval.
  • Develop contacts throughout the property industry as required.

Management

• Manage the day to day operation of the Estate and work in collaboration with Asset Manager to include:
• Rent reviews: Achieve the best terms possible outcome in line with business objectives to minimise ongoing leasehold liability.
• Lease renewals: Proactively through the in-house Property Data base bring forthcoming lease expiries to the attention of the Business in a timely manner and where required manage the process of lease renewal.
• Re-gears lease conditions to enable the Business to undertake high capital initiatives eg. Refits.
• Relocations and extensions: maximise opportunity and minimize ongoing leasehold costs.
• Where required close or dispose of property interests in accordance with business objectives.
• To produce timely and accurate workflow reports.
• To develop and effectively manage a comprehensive network of external contacts within the property industry particularly agents, landlords and developers for Portugal.
• Update the department property database to assist with the management of the Estate.
• To support Store Operations team leading up to and after store handover.

General

• To control and manage advisors and consultants who may be used from time to time e.g. surveyors, solicitors and other specialists.
• To follow up and meet the deadlines set by the company regarding new projects and works at stores, to comply with the opening dates of the same.

Qualifications

• 5 to 10 years of experience
• High/Advanced English language level
• High level of Excel