Job expirat
Incorporated in Portugal in 1989, Sonae Sierra (www.sonaesierra.com) is an international shopping centre specialist passionate about bringing innovation and excitement to the shopping and leisure industry. The integrated approach to the shopping centre business includes the ownership, development and management activities.
A leader in the Iberian market, Sonae Sierra has created new retail formats and innovative concepts having a significant role in the modernisation of the shopping centre concept. Introducing new formats, integrating retail and leisure and several innovative concepts in the shopping centres industry: Shop Utilisation Contracts in shopping centre; Themed Shopping centres; “Green” Shopping centres; Full integration of leisure with retail and services.
The company has earned an international reputation for the development of innovative products as well as for is management skills, and has been awarded more international prizes than any other company in this sector. Sonae Sierra is present and operating in: Portugal, Spain, Italy, Germany, Romania and Greece, in Europe; Brazil, in South America.
In 2006 the Company´s consolidated net profit rose to € 270.6 million Euros. The Net Asset Value (NAV) of the company’s properties increased to € 1.490 million Euro, 18% more than in 2005. Sonae Sierra´s EBITDA grew to € 150.3 million in 2006, an increase of 20%, compared to € 125.7 million in 2005. The Company owns or co-owns 44 Shopping Centres, with a total Gross Lettable Area (GLA) of more than 1,6 million m2. Currently, Sonae Sierra is developing 15 more projects with a total GLA of more than 500.000 m2. In 2006, its centres welcomed more than 400 million visits.
In Romania, Sonae Sierra has agreed with a Romanian developer based in Ramnicu Valcea, and current owner of the property, to acquire the already operating shopping centre River Plaza Mall. “River Plaza Mall becomes our 44th shopping centre and its acquisition represents the continuing of our long-term expansion strategy as trough this deal we get our first investment in Romania trough an operating shopping centre” said Álvaro Portela, CEO of Sonae Sierra.
This will include to search, identify and analyze sites and development projects, performing the due diligence processes of the different projects under consideration, in its different market, commercial, architectural, engineering, licensing, environmental, financial and legal aspects.
Some of the main responsibilities
- Propose new property development deals for shopping centres in Romania
- Identify the sites and projects for the development of Shopping Centres, in accordance with the Company’s expansion program
- Develop contacts in Romania in the Shopping Centre Industry;
- Perform a preliminary search and analysis of any business opportunity that may arise, considering all its different aspects, namely commercial, architectural, engineering, licensing, environmental, financial and legal;
- Oversee and coordinate the different internal departments of Sierra (Romania) and the external service providers participating in the due diligence processes required for the preparation of investment proposals for the projects that are to be developed;
- Prepare, present and submit the investment proposals for new projects;
- Negotiate land purchases and/or participations in projects;
- Negotiate joint-ventures with potential partners;
- Oversee and interact with the internal departments of Sierra (Romania) participating in the above-mentioned activities, namely the engineering, financial, architecture, legal, environmental, licensing, market studies and commercial departments;
- Undertake, coordinate and oversee the execution of all the appropriate studies that are necessary for the fulfillment of the requirements for approval of the investment projects, until these are approved and assigned to the implementation team.
In light of the job specifications, we consider the Expansion Manager should possess the following profile:
Engineering or Architecture or Urbanism degree, supplemented by management studies or Economics, supplemented by real estate experience
MBA or PhD in Management (preferred)
Languages – Romanian as mother language and fluent in English, both spoken and written
We need a person with high geographic mobility to travel who has already worked in an Expansion Department of a property developer of Shopping Centres or of an Hypermarket or of a large retail chain or of a Property Developer or of one of the main real estate agencies;
Knowledge of the Property Development activity is primarily a must which will include knowledge of the Legislation for Licensing Projects and Construction Works.
Advice Human Resources is about making you stand out from those around you. We see our mission as a continuous challenge to find things as passion, talent, strength, and success. We separate diamond from dust. We build bridges. The first Romanian search and selection firm acting in both retained and contingency recruitment, Advice Human Resources refers to candidates from the widest range of organizational levels: entry, clerical, middle and top. Starting with hardworking and skilled students or recently graduated, continuing with executive and non-executive directors, senior managers and recognized experts in their specific fields we are able to be successful in finding the right candidate for our clients.
