Manager Property & Development Senior at Pick n Pay Stores Limited

Job Role

• To expand the footprint of PnP Clothing through the generation of sales from new stores and to perform a property management function as it affects all leases in the PnP Clothing portfolio.
• This is a business-critical appointment that offers exceptional career growth prospects but demands in turn an exceptional individual.

Minimum Requirements

• Graduate/ Post-Graduate formative degree, preferably Law, Commerce or Allied Building Science
• 5 years operational experience in Retail Property Industry and ability to interpret a store P&L statement

Competencies

• Honesty and integrity with ambition, short of arrogance, to succeed.
• Exceptional attention to detail both in deal origination, structuring and documentation.
• Exceptional interpersonal skills to be applied with confidence at the highest levels in business.
• Above average computer skills (Word and Excel Advance).
• Ability to thrive at work under pressure.
• Combined ability to work as a team but also independently without supervision.
• Additional information: All other administration functions required by the General Manager - Store Development or Head of Properties.

Key Responsibilities

SALES:

• Deliver a sustainable long term pipeline that contributes to profit growth from net new space in the Regions in which PnP Clothing operates.
• Actively procure opportunities identified in the gap list and in relation to high performance competitor stores.
• Promote the identification and delivery of opportunities in high growth areas.

REDUCTION IN OCCUPACY COSTS:

• Negotiate rentals for new stores within tramlines and engage landlords to reduce existing costs in order to drive reduction in occupacy costs, e.g. relocations, reductions and sub-let opportunities.
• Renew existing store gross rentals at no more than retail average occupancy costs and reduce rental escalations according to strategic imperatives.

LANDLORD INTERACTIONS:

• Capture, track and resolve all lease issues with landlords timeously.
• Negotiate landlord contributions for revamps and at lease renewals.
• Negotiate least cost exit liabilities associated with store closures and coordinate the same.
• Monitor landlord compliance with store opening conditions and enforce penalties where applicable.

LEGAL AND ADMIN:

• Ensure all legal documentation accurately, concisely and unambigously reflects the terms of the deal.
• Continuously update and maintain all tracking documentation for management information purposes.
• Ensure database of landlord contacts is effectively maintained by ensuring all relevant information is regularly updated.

Closing date: 05 August 2025