Real Estate Manager

At Burberry, we believe creativity opens spaces. Our purpose is to unlock the power of imagination to push boundaries and open new possibilities for our people, our customers and our communities. This is the core belief that has guided Burberry since it was founded in 1856 and is central to how we operate as a company today.

We aim to provide an environment for creative minds from different backgrounds to thrive, bringing a wide range of skills and experiences to everything we do. As a purposeful, values-driven brand, we are committed to being a force for good in the world as well, creating the next generation of sustainable luxury for customers, driving industry change and championing our communities.

JOB PURPOSE

REPORTING & BUSINESS PARTNERS

• The Real Estate Manager supports Full Price, Outlets stores and Wholesale business in the US, Canada, Mexico and Brazil.
• The Real Estate Manager reports into the Americas Chief Financial Officer. He/She works closely with the Zone President, the VP of Store Planning & Project Managers, VP of Retail and Retail Operations, Director of Finance, Americas Legal Counsel and Central Teams in London.

RESPONSIBILITIES

• Manage annual Americas Real Estate 3 Year Plan in identifying strategic locations for business growth (new store(s), relocation(s), expansion(s), downsizing(s), closure(s).
• Review LOI terms, partner with Finance to submit pro-forma with key business information (competitive sales, main lease terms, ROI, productivity ratio).
• Manage monthly Real Estate meeting to present strategic locations using standard deck that includes pro-format, economical information, mall/street/location plans.
• Manage 360 approach with business stakeholders from identifying location, capex approval with Finance, “G0” stage & business requirements to kick-off store design, to opening date with Store Planning and Retail Operations teams.
• Lease renewal: review on quarterly basis lease end dates. Coordinate review and approval with Zone President, CFO and legal team the extension of the lease.
• Lease administration: abstracts primary terms and conditions of real estate lease documents ensuring all critical details are maintained in lease databases.
• Manage ad hoc requests related to Real Estate (e.g. Tenant allowance payment, non-compliance to lease terms etc.).

PERSONAL PROFILE

• Bachelor’s required, preferably in Real Estate or Finance
• Minimum 3 years of retail real estate experience across the United States and Americas
• Clear and articulate verbal and written communication skills
• Ability to build site-selection proformas and substantiated financial projections
• Results-oriented
• Availability for travel
• Effective negotiation skills and basic knowledge of retail lease negotiating levers
• Ability to balance competing priorities
• Facility with Excel and PowerPoint
• Multi-lingual background a plus (English, Spanish)
• 2 days in person at the New York City Corporate office