
Capital Transaction Manager
6 days ago
**Join us and experience Bunnings from the other side of the counter**
**What's in it for you**when you're part of our**team**:
- Team discount at Bunnings and other Wesfarmers brands including Kmart, Target and Officeworks to name a few
- Free standard OnePass membership
- Access to over 100+ exclusive team member benefits across health, shopping, travel and stay, wealth, work and leave
- 12 weeks paid parental leave, regardless of gender
- Fun stuff like annual festive gifts, discounted food and drinks at our Bunnings Cafe, and travelling store team member opportunities
- We're genuinely invested in your career and no matter where you start with us, that pathway is yours to build
**About the role**
We have a rare opportunity for a Capital Transaction Manager to join our Property Team at Bunnings. Reporting to the Group Head - Capital Transactions and Facilities Management, this role provides an excellent chance to leverage your extensive experience in the Commercial Property sector
In this role you will ensure capital targets are met across the Australian and New Zealand property markets and drive the value of the property portfolio. You'll play a key role, in managing the strategy, implementation and execution of both on and off market transactions for the freehold portfolio while being a strategic operator to unlock value on leasehold sites when required.
This role can be based from either our Sydney (Rhodes) Support Office or Melbourne (Burnley) Support Office, working in line with our hybrid working model.
**What's involved**:
- Rationalisation of the freehold portfolio and surplus property ensuring property capital and financial targets are met across Australia and New Zealand
- Execute sale and leaseback of assets, either developed or undeveloped sites
- Manage agents, execute marketing campaigns, and co-ordinate due diligence materials
- Negotiate commercial terms for sales and leases and finalise legal documentation
- Prepare financial feasibilities and capital expenditure proposals
- Minimising capital exposure on leasehold properties, position assets in best possible position to release value
**Who we're looking for**
You will be an experienced property professional, who brings a breadth of experience across real estate in sales, leasing and the development of commercial properties. Your experience will enable you to effectively manage negotiations with positive outcomes, whilst maintaining and building trusted relationships with your stakeholders.
You will have well-developed and professional communication skills both written and verbal, coupled with a high level of skill in legal documents, feasibilities and the ability to work across and deliver multiple projects at one time.
**You'll need**:
- Significant demonstrated experience within the property industry with a specific focus on Commercial Real Estate
- Property related degree or diploma
- Understanding of financial drivers and project feasibility
- Proven ability in legal negotiations across contracts and leases
- Working knowledge of property law
- Strong property networks across landlords, retailers and institutions and awareness of the market's movements
**You'll be part of a workplace where you'll feel like you belong.**
**About Us**
Bunnings is the leading retailer of home improvement and lifestyle products in Australia and New Zealand. We're a major supplier to project builders, commercial tradespeople and the housing industry operating from a network of stores, trade centres, frame and truss sites and online.
- Please note if you are offered a role with us, background checks may be required. This can include police, employment and qualification checks. If a police check search returns a criminal record, Bunnings will assess whether the record impacts your ability to perform the key requirements of the role._
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