Website:
mybranch.co.in
Job details:
Job Description: Head Real Estate
Head – Real Estate (Property Scouting & Acquisition) – Pan India
Company: MyBranch Services Pvt. Ltd.
Department: Real Estate & Network Expansion
Location: Belapur, Navi Mumbai (Corporate Office) — Requires Extensive Pan-India Travel
Experience Level: 10 to 15+ Years
Reporting To: Director / Business Head
About MyBranch Services
MyBranch Services Pvt. Ltd. is a pioneer in providing flexible, customized, and tech-enabled co-working, managed office, and virtual office solutions across Tier-1, Tier-2, and Tier-3 cities in India. With a footprint in 80+ locations, MyBranch empowers businesses to set up presence even in deep interior pockets across the nation with zero upfront hassle.
Job Purpose
The Head – Real Estate (Property Scouting & Acquisition) will drive MyBranch’s national space-expansion roadmap. This role is pivotal in identifying, evaluating, negotiating, and acquiring prime commercial office assets to support our rapid growth strategy in metros as well as emerging regional hubs across India.
Key Responsibilities
1. Strategic Expansion Planning
- National Expansion Roadmap: Align site acquisition strategy with overall company growth goals, revenue targets, and market demand.
- Micro-Market Mapping: Lead comprehensive market intelligence efforts across Tier-1, Tier-2, and Tier-3 cities to identify emerging business districts and high-potential commercial hubs.
- CapEx & Budget Management: Allocate capital expenditure budgets effectively for national leasing, security deposits, and fit-out handovers.
2. Site Scouting & Pipeline Building
- Commercial Asset Sourcing: Oversee end-to-end scouting of commercial office spaces, bare-shell properties, and customizable assets suitable for co-working and managed workspaces.
- IPC & Partner Network: Cultivate and leverage strong relationships with International Property Consultants (IPCs like JLL, CBRE, Colliers, Knight Frank), local regional brokers, property developers, and standalone landlords.
- Feasibility & Catchment Analysis: Conduct detailed technical, demographic, footfall, connectivity, and competitor analysis to justify property acquisition.
3. Deal Commercials, Legal Due Diligence & Negotiation
- Commercial Closures: Lead high-stakes negotiations on lease rentals, fit-out periods, security deposits, rent escalation clauses, and lock-in periods to ensure optimal ROI.
- Due Diligence Support: Coordinate closely with internal and external legal teams to verify clear titles, municipal approvals, occupancy certificates (OC), and statutory clearances.
- Risk Mitigation: Review lease structures, leave-and-license agreements, and handover terms to safeguard company interest against adverse terms.
4. Team Leadership & Cross-Functional Execution
- Regional Team Management: Direct, mentor, and track performance of regional property sourcing managers operating across North, South, East, and West zones.
- Inter-Departmental Handovers: Collaborate seamlessly with Design, Projects, Admin, and Operations teams to ensure timely site takeovers and fit-out rollouts.
- Executive Reporting: Prepare detailed pitch decks, ROI forecasts, footfall estimates, and expansion metrics for presentation to the Board of Directors.
Required Experience & Competencies
- Education: Graduate degree mandatory; MBA, or PG Diploma preferred.
- Proven Track Record: 10–15+ years of core experience in commercial real estate acquisition, site selection, and expansion. Prior success scaling co-working spaces, retail chains, banks/NBFC branches, or managed office solutions is highly preferred.
- Market Insight: In-depth knowledge of commercial real estate micro-markets, leasing norms, and local municipal guidelines across Tier-1, Tier-2, and Tier-3 Indian cities.
- Financial Acumen: Proficiency in evaluating financial feasibility, occupancy cost ratios, lease vs. revenue share models, and yield calculations.
- Travel Flexibility: Willingness to travel extensively across India on short notice for site visits, developer meets, and deal closures.
What We Offer
- Leadership position shaping the physical footprint of one of India’s fastest-growing co-working networks.
- Dynamic work environment at our Belapur Head Office with high autonomy and cross-functional visibility.
- Competitive compensation structure with performance-driven incentives tied to expansion milestones.
Contact person name : Pooja Patel
Email : hr.assistance@mybranch.co.in
Click on Apply to know more.
