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Real Estate Project Manager

Real Estate Project Manager

306714BR

Bangalore

It takes a dream to create a successful business idea....It takes people to make dreams a reality.

Working at the IKEA Group means that you are part of an inspiring, fun and fast-paced environment. We’re the world’s largest home furnishing retailer, with 194,000 co-workers and operations in 49 countries, but we value working in a non-bureaucratic way. Here you can always be yourself. In fact, we actively encourage it! At IKEA, we respect each other, our differences and are open to everyone making a contribution. So no matter where you work in the world, you’ll most likely rub shoulders with a diverse group of people – with different backgrounds, special skills and a quirky sense of humour.

We offer exceptional career and learning possibilities at IKEA. Our co-workers are encouraged to try different roles, and many change between functions and countries several times in their careers. You can design your own career path according to your development plan and future goals. We believe in every co-worker’s ability to develop. Because as you grow, IKEA grows too. To start growing with IKEA, take a look at our different roles and available jobs.

 

We are currently looking for a Real Estate Project Manager to join our IKEA India team in Bangalore

Overview of the role:

Property is a business function that develops, owns and maintains IKEA properties. Property is also a key player in developing the penetration strategy within the commercial territory and has the responsibility to purchase and develop land accordingly. Property has also the responsibility to design, construct and maintain IKEA properties according to the latest IKEA standards and to the lowest possible cost for a specified level of quality and time

The Real Estate Project Manager is responsible for scouting, identifying, securing and delivering approved sites for developing new IKEA stores. The Real Estate Project Manager is also responsible for negotiating and securing all necessary planning permits for new stores as well as, upon request, supporting the Real Estate Asset Manager in the same purpose for major store extensions.

Responsibilities :

The Real Estate Project Manager is responsible for: 

  • Property / real estate expert in large-scale property development. (A MUST to have land buy experience with a Real estate developer, retail / Warehouse company etc).
  • Local real estate market and extended experience of planning procedures and local legislation regarding all planning and permitting issues for large-scale developments. 
  • Proven negotiating skills with authorities, landowners, consultants and any other stakeholders involved in the real estate acquisition and development process.
  • Building and maintaining local market relationships with local authorities and government officials as well as with landowners, brokers, lawyers, design consultants or other real estate professionals. 
  • Mastering all aspects of real estate market dynamics and characteristics that may affect the feasibility or desirability of developing an IKEA store. 
  • scouting land for new IKEA projects in the defined target area while considering the IKEA expansion strategy. 
  • Negotiating and managing real estate purchase contracts or options until final deed in collaboration with our legal partners. 
  • Working with national, local and municipal governments and any other necessary public body to obtain all required planning permits and approvals. 
  • Securing that the IKEA Concept is implemented within legal and governmental constraints imposed on a particular site. 
  • Applying professional real estate analysis and development concepts and practices at all levels of the transaction process. 
  • supplying consistent and accurate information to internal partners involved in the IKEA store development process to ensure sites are delivered on time and on budget. 
  • Interface with all levels of management within IKEA companies and work co-operatively and efficiently with internal stakeholders, such as construction, Inter IKEA Systems Service AB, retail preparation and external project professionals. 
  • leading and co-ordinating all real estate activities with shopping centre companies (e.g. Inter IKEA Centre Group, IKANO,) until all planning permits are released (in countries where applicable).

 

 Essential Requirements:

KNOWLEDGE 

  • Knowledge and work experience in Kolkata market is a must.
  • Property or real estate expertise  with a real estae developers or shopping centre.
  • Local real estate market and extended experience of planning procedures and local legislation regarding all planning and permitting issues for large-scale retailers or shopping centres. 
  • Proven negotiating skills with authorities, landowners, consultants and any other stakeholders involved in the real estate acquisition and development process. 
  • Procurement, legal and contractual issues. 
  • IKEA real estate and project development standards, guidelines and rules. 

 

MOTIVATION 

It is essential to have the following motivations

  • A passion for doing business. 
  • Being innovative and open to new solutions according to the IKEA business idea. 
  • Leading business and people together. 
  • Deliver results within a given framework.
  • Contribute to an environment where the IKEA culture is a strong and living reality that embraces the diversity of co-workers and customers. 

Desirable Requirements:

  • Good analytical skills. 
  • Good decision-making ability. 
  • Good communication skills. 
  • Good ability to plan and organise. 
  • Be cost conscious.  
  • Develop the IKEA business and deliver results. 
  • Ability to lead and motivate others. 
  • Inspire and clarify. 
  • Lead by example. 
  • Create togetherness.