Department: Corporate Real Estate / Admin & Facilities
Location: Bangalore (Role covering PAN India)
Reporting To: Head of Admin & Facilities
Grade/Level: Assistant Manager
Experience: 5–8 Years
The Assistant Manager – Corporate Real Estate will be responsible for supporting the end-to-end real estate lifecycle of the organization's offices across India, including site identification, acquisition, lease negotiations, fit-outs, renewals, relocations, and exits.
The role involves close coordination with regional Admin & Facilities teams, brokers, landlords, Legal, Finance, HR, and business stakeholders to ensure the organization's real estate portfolio remains cost-effective, compliant, and aligned with business expansion plans.
Identify and evaluate potential office locations across India based on business requirements, headcount, budget, connectivity, and market benchmarks.
Coordinate site visits, feasibility assessments, and due diligence with brokers and landlords.
Prepare comparative analyses of location, cost, and property specifications to support management decisions.
Negotiate lease terms, rental rates, escalation clauses, lock-in periods, and other commercial terms with landlords and developers.
Manage lease documentation, renewals, amendments, and terminations across India.
Maintain a centralized lease tracker covering renewal dates, escalation clauses, termination notice periods, rental schedules, and security deposits.
Coordinate with the Legal team for lease agreement reviews and compliance.
Coordinate office fit-out, interior, and renovation projects with architects, contractors, and Project Management Consultancy (PMC) teams.
Monitor project timelines, budgets, quality, and execution.
Manage office relocations, expansions, and consolidations across India.
Track real estate expenses, including rentals, Common Area Maintenance (CAM) charges, and fit-out capital expenditure (CAPEX), against approved budgets.
Benchmark rental rates and CAM charges against market standards and identify cost optimization opportunities.
Support annual budgeting, cost forecasting, and financial planning for the real estate portfolio.
Coordinate with regional Admin & Facilities teams, landlords, brokers, and internal stakeholders across Finance, Legal, HR, and business functions.
Manage broker relationships and empanelment across multiple regions.
Coordinate with local Admin teams to ensure smooth handover of new office locations to operations.
Ensure lease agreements, No Objection Certificates (NOCs), and applicable statutory approvals are maintained for all locations.
Maintain real estate MIS covering portfolio summaries, space utilization, cost per seat, and lease expiry calendars.
Support audits by maintaining accurate documentation, including lease deeds, stamp duty records, and registration documents.
Bachelor's degree in Business Administration, Real Estate, Engineering, or a related discipline.
MBA or relevant real estate certification is preferred.
5–8 years of experience in Corporate Real Estate, Real Estate Transaction Management, or Admin & Facilities with relevant real estate exposure.
Experience managing multi-city or PAN India real estate portfolios is preferred.
Willingness to travel extensively across India.
Strong negotiation skills across commercial leases, rentals, and vendor contracts.
Good understanding of commercial lease structures, CAM charges, stamp duty, and property registration processes.
Experience coordinating office fit-outs, interiors, renovations, and relocation projects.
Proficiency in MS Excel and PowerPoint; familiarity with real estate or lease management tools such as CoStar and IBM TRIRIGA is an advantage.
Strong stakeholder management and cross-functional coordination skills.
Analytical skills to evaluate cost comparisons, rental benchmarks, and space utilization.
Exposure to Grade A commercial real estate markets across Tier 1 and Tier 2 Indian cities.
Experience working with established real estate advisory and brokerage firms such as JLL, CBRE, and Cushman & Wakefield.
Knowledge of sustainability and green building certifications such as LEED and IGBC.
Rental cost and cost per seat against approved budgets and market benchmarks.
Timely lease renewals and achievement of favorable renewal terms.
On-time and within-budget delivery of fit-out and renovation projects.
Number of office sites successfully onboarded and transitioned across India.
Accuracy and timely submission of real estate MIS and portfolio reports.