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Real Estate Manager, Au/nz

3 months ago


Melbourne, Victoria, Australia Lululemon Full time
Who we are
lululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits.

Setting the bar in technical fabrics and functional design, we create transformational products and experiences that support people in moving, growing, connecting, and being well.

We owe our success to our innovative product, emphasis on stores, commitment to our people, and the incredible connections we make in every community we're in.

As a company, we focus on creating positive change to build a healthier, thriving future. In particular, that includes creating an equitable, inclusive and growth-focused environment for our people.

A day in the life:


As the Real Estate Manager, you will oversea and have responsibility for; the portfolio strategy, site selection process and vendor management.

Whether in the office following up with ongoing negotiations or on the road in search of new locations, a lululemon Real Estate Manager can expect to deal with the following on a daily basis:

  • You create the long term strategic plan for new store locations, renewals and relocations within the AU/NZ portfolio.
  • You provide real estate recommendations to the Managing Director and Area Director to inform real estate decisions.
  • You work closely with Financial Plannig & Analysis to assess success and opportunities in the portfolio.
  • You build and maintain relationships with external business partners and global internal stakeholders.
  • You present the brand to less familiar external parties (landlords, developers, agents, consultants etc.)
  • You provide new strategic insights into our local regional strategy.
  • You have the ability to carry out multiple ongoing lease negotiations at any given time.
  • You will be responsible for the preparation of new site or renewal site selection presentations.
  • You will presenting projects internally for approval.
  • You are responsible for the maintenance and accuracy of key real estate documents.
  • You coordinate meetings with key internal and external stakeholders (landlords, builders, developers, and senior leadership internally).
  • You manage lease signing processes with local solicitors, agents, and internal parties.
  • You maintain local document base and real estate calendar.
  • You complete lease administration through our leasing platform.

Qualifications:

This role would suit someone who is interested in developing their career in real estate, or someone who has exposure to the real estate process in a similar role (i.e. landlord, developer, brand, agency, consultancy)

  • You have had experience within previous roles in Finance and Store Operations.
  • You have had exposure to Australian/New Zealand commercial real estate and/or leasing processes in previous roles.
  • You have proven experience in roles that require you to be strategic, analytical, adaptable, open, and accountable.
  • You have proven negotiation skills, drawing from your experience in managing relationships with external stakeholders.
  • You have proven experience in managing budgets.
  • You are willing to challenge the status quo and lead the portfolio into new strategies for store design and optimization.
  • You are detail oriented, articulate and you possess a high competence in written and verbal communication skills.
  • An entrepreneurial spirit with the savviness to negotiate the best possible deal in every situation.
  • A willingness to travel on a regular basis, sometimes on short notice.

Must haves:

  • Acknowledges the presence of choice in every moment and takes personal responsibility for their life.
  • Possesses an entrepreneurial spirit and continuously innovates to achieve great results.
  • Communicates with honesty and kindness, and creates the space for others to do the same.
  • Leads with courage, knowing the possibility of greatness is bigger than the fear of failure.
  • Fosters connection by putting people first and building trusting relationships.
  • Integrates fun and joy as a way of being and working, aka doesn't take themselves too seriously.
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