As the Deputy Head of Real Estate at FairPrice Group (FPG), you will play a pivotal role in driving the development and implementation of a comprehensive real estate strategy for our business expansion in Singapore, aligned with the overall FPG objectives and growth plans.

We are seeking an experienced and results-driven professional with deep knowledge in the Real Estate landscape and the ability to formulate win-win strategies with landlords and partners. You will lead a team up to 10 to identify and secure new locations and maintain the existing network in support of the business strategy to further increase market share in groceries and cooked food.

Responsibilities

Engagement & Pipeline Development:

• Foster and maintain robust connections with landlords, government authorities, and various stakeholders in Singapore to facilitate real estate transactions.
• Proactive seek pipeline by engaging with developers and property owners.
• Identify new growth opportunities, locations, and property types, considering customer demographics and competition.
• Drive regular review store/outlet network to optimize sales to rental return.

Property Acquisition and Negotiation:

• Oversee the identification, evaluation, and negotiation of new & renewal leases and managing internal and external stakeholders interest.
• Secure favorable lease terms to improve occupancy cost targets.
• Develop and present data-driven presentations to communicate recommendations and key insights to senior management to enable strategic decision-making.

Facilities Management

• Co-manage the Facilities Management team with the Director and Head of Real Estate, to manage all the facilities in stores/outlets and centralized facilities.
• Manage CAPEX & OPEX budgets, actual spending, KPIs and ensuring cost-effectiveness to meet or exceed annual Corporate Goals & Targets.
• Plan, organize & execute building A&A works, warehouse setup, space relocation and office renovation works including liaison with internal and external stakeholders.

Sustainability

• Lead and work with internal cross functional stakeholders to establish & implement sustainability initiatives that will contribute to the Group's sustainability goals.

Team Leadership

• Recruit, train, develop and retain a high-performing real estate team.
• Provide guidance, mentorship, and performance feedback to team members.

Requirements

• Degree in Real Estate or equivalent qualification or related field.
• Minimum 10 years of experience in real estate leasing transactions, with a strong background in asset and property management in retail and/or F&B sectors.
• Experience in facilities management & investments will be an advantage.
• Financial acumen with the ability to understand & manage P&L statements and budgets.
• Excellent leadership and team management skills, with a demonstrated ability to work with & motivate cross-functional teams.
• Visionary thinking, creativity, and the ability to translate ideas into action.
• Excellent communication and influencing skills, with the ability to engage effectively with a wide range of stakeholders.