Property Manager Portugal

Primark; Pechão; On-site; EUR 70,000 - 95,000; Full time

Job summary

Primark is seeking a Property professional to lead acquisition and management of store estates in Portugal. The role involves end‑to‑end lease negotiations, financial analysis, and coordination with Retail, Finance and Logistics teams to align with business objectives.

The successful candidate will drive expansion, manage AFLs, renewals and relocations, while maintaining strong external relationships within the Portuguese property market. Proficiency in English and Excel is essential.

Qualifications

• 5–10 years of experience in property acquisition/retail expansion.
• Advanced English language level.
• High level of Excel and data handling skills.

Responsibilities

• Lead acquisition of new Primark stores in Portugal from opportunity to AFL/Lease signing.
• Negotiate Heads of Terms, AFL and lease documents with external lawyers and stakeholders.
• Coordinate with Retail, Store Operations, Finance, Logistics and other internal teams.
• Manage rent reviews and seek favorable terms to minimise leasehold costs.
• Develop and maintain a strong network of property industry contacts in Portugal.
• Support store handover and post-handover activities with Operations teams.

Skills

English (Advanced)

Education

Experience in property/retail acquisitions

Tools

Excel

Job description

Reports to Head of Property, Iberia
Location: Lisbon

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.

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

Tal como a nossa moda, a nossa cultura adapta-se a cada individuo. Esforçamo-nos em criar um lugar de trabalho inclusivo onde as pessoas possam ser elas mesmas, aceder a oportunidades e crescerem juntas.

REQ ID: JR-15946