Seoul, KR
34 days ago
Retail Real Estate Manager (1Year)

Purpose & Overall Relevance for the Organization

To drive profitable and sustainable market share growth within assigned major distribution chains by managing new property and contract renewal

Key Responsibilities

Real Estate (New Property & Contract Renewal) & Channel Development

Manage identifying potential locations & evaluate alternative locations on demand. Set up expansion strategy based on profit evaluation. Drive BPM process. Manage the negotiation conditions and contract status based on company’s needs. Manage signature of contract aligned with legal team. Control and in charge the LMS (Lease Management system) and PAD (Portfolio activities governance) update Build and maintain close relationship with landlords for new store openings, rent re-negotiations of current stores before contract expire. Ensure to identify all channels opportunities and partners jointly with sales team member. Ensure to represent the assigned account (s) internally as an ambassador towards all functions and vice versa and manage all interfaces. Manage the set-up and the implementation of channel store development activities by collaborating as well as coordinating all involved functions. Assess and advise how to improve performance of wholesale stores by providing solutions. Monitor and report on customers and provide realistic plans & forecasts on customer performance. Monitor all reports and competitor’s activities and propose/initiate/take actions. Ensure customer compliance with agreements.    Ensure negotiation with major distribution chain and channel management. Ensure development of channel management and new business. Negotiate and enforce adidas Group trade terms

Key Relationships

Retail and Sales department / Legal / Free Standing Store Landlords, Department Leasing Team / aGlobal Real Estate/ Buisness Development Team / Real Estate Agents etc

Knowledge Skills and Abilities

Advanced user of MS Office Fluent in English and Korean Advanced knowledge of real estate (new property & contract renewal) Strong negotiation skills Structured, organized and process orientated Attention to detail as error in analysis will have crucial impact to business Ability to work effectively within a team environment and under pressure

Requisite Education and Experience / Minimum Qualifications

University degree in Real Estate business, ideally with marketing and sales focus or equivalent professional experience Channel / Store Development Experience: 7 years
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