Properties Manager

Truworths; Wes-Kaap; On-site; ZAR 800,000 - 1,200,000; Full time

Job summary

Join a leading fashion retailer in Cape Town as a Properties Manager/Developer. This role involves identifying retail opportunities, negotiating leases, and ensuring compliance with lease terms, vital to the success of the Truworths Group's brand expansion.

Qualifications

• At least 8 years’ experience in property development or retail property management.
• Strong negotiation skills and ability to work under pressure.

Responsibilities

• Identify new retail sites and expansion opportunities.
• Negotiate terms and conditions for new stores and leases.
• Prepare feasibility studies on new store viability.

Skills

Negotiation skills

Time management

Attention to detail

Problem-solving

Verbal communication

Numerate ability

Independence

Education

Tertiary degree (Financial, Legal, Property Management)

Job description

Join South Africa’s leading fashion retailer in Cape Town. With over 800 stores across Southern Africa housing top brands such as Truworths, Truworths Man, Daniel Hechter, Ginger Mary, LTD Kids, Uzzi, Inwear, Elements and many more, Truworths has dressed millions of youthful, fashionable ladies and men for over 100 years. Owners of YDE in South Africa and Office London in the UK, this company has a proven track record across multiple retail formats.

At Truworths, you'll find a dynamic business environment where we regularly reinvent the way we do business to keep us at the forefront of the South African fashion industry. Take a walk through our stores or offices and you'll encounter a love of fashion and a tangible will to succeed among the people who make up our business – both of which are key to keeping us at least one step ahead of the competition.

If you are passionate about business, innovative and energetic, serious about a long-term career and are looking for a company that rewards good performance, Truworths is the place for you.

We are looking for an experienced Properties Manager/Developer with retail experience. This position will be based in our Properties Department, who are key to the success of our business.

Key Responsibilities:

• Identifying new retail sites and expansion opportunities for Truworths Group brands in SA and neighbouring countries. This requires an intimate knowledge of both cities and small towns in and around SA.
• Negotiating on behalf of the Truworths Group to secure the best location in a mall, new retail development or town for all the Truworths Group brands.
• Collaborating with various teams to obtain inputs and feedback in respect of new store proposals.
• Preparing feasibility studies (i.e. regarding the viability of the store) including profiling each store to determine the market opportunity and which brands/departments should be included in the merchandise mix.
• Negotiating the terms and conditions of new store and office Heads of Agreement/leases.
• Timely renewal of existing leases.
• Ensuring compliance with agreed lease terms.
• Facilitating the resolution of maintenance issues in stores.
• Assisting with the resolution of account and lease queries from landlords.

Qualifications and Experience:

• Tertiary degree not critical but preferred (Financial, Legal, Property Management, etc.)
• At least 8 years’ experience either in a property development role (retail development preferred) or a retail property management role.

Competencies:

• Strong negotiation skills
• Proven ability to work well under pressure
• Good written and verbal communication skills
• High attention to detail
• Ability to understand and negotiate lease terms and lease agreements
• Solution-oriented
• Resourceful and able to work independently
• Excellent time management and task prioritisation skills
• Self-disciplined and self-motivated
• Numerate ability and understanding of retail property principles and feasibilities
• Computer literate
• Must have a good credit profile

Truworths is committed to transformation and meeting objectives of the Employment Equity Act. Meeting our employment equity goals and targets will be taken into account in our recruitment decisions. People living with disabilities will be viewed favourably.