Job Description

Factory X is a leading Australian fashion retailer established in 1986, with iconic brands including Gorman, Dangerfield, Princess Highway, Black Friday, and the technology-focused Electronic Rebellion. Its brands champion individuality, expression, and inclusivity, and are available in more than 120 flagship destinations across Australia and New Zealand, as well as strong online channels.

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We're looking for an experienced and commercially savvy Property & Leasing Manager to take ownership of our retail property portfolio and play a key role in shaping where and how our brands

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continue to grow and ensure we have the right stores, in the right locations, on commercially sustainable terms.

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About the Role:

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This is a role responsible for the end-to-end management of the Group's leasing portfolio, including lease negotiations, renewals, rent reviews, new store opportunities, relocations, lease administration and ongoing relationships with landlords, agents and shopping centre management.

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Its is a hands-on, influential position, working closely with senior management, Finance, Retail Operations and Marketing teams.

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The requires strong knowledge of the retail property market, excellent negotiation skills and the ability to balance commercial opportunities with the operational and brand requirements of the business.

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Key Responsibilities:

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- Manage and optimise the Group's retail property portfolio across all Factory X brands.
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- Maintain a comprehensive property and lease register, including lease terms, options, expiry dates, rent reviews, incentives, outgoings and key obligations.
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- Monitor upcoming lease events and proactively develop strategies for renewals, relocations, exits and current opportunities.
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- Review store performance and occupancy costs to identify opportunities to improve the productivity and profitability of the property portfolio.
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- Prepare property portfolio reports, including occupancy costs, lease commitments, upcoming expiries and key commercial risks.
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- Provide property advice and recommendations to senior management.
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- Manage the company owner's property trusts and represent the owner at meetings.
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Leasing negotiations

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- Lead negotiations for current leases, lease renewals, extensions, relocations and lease variations.
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- Negotiate commercial terms including rent, incentives, lease terms, options, rent reviews, outgoings, make-good provisions and other lease conditions.
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- Work with external property agents and leasing representatives to identify and secure suitable retail opportunities.
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- Review proposed lease documentation and negotiate amendments in conjunction with external legal advisers where required.
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- Maintain a strong understanding of market rents, incentives and retail leasing conditions to support negotiations.
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- Proactively identify opportunities to improve existing lease terms and reduce occupancy costs.
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New Store & Site Opportunities

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- Identify and assess potential new retail locations across Australia and New Zealand.
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- Evaluate new site opportunities against key criteria including location, customer demographics, foot traffic, competition, store visibility, occupancy costs and brand suitability.
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- Lead the property aspects of current store openings, relocations and refurbishments.
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- Attend new store openings and store closures.
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- Develop and maintain strong relationships with landlords, property managers, shopping centre management and leasing agents.
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- Act as the key point of contact for property and leasing matters.
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- Manage landlord communications and resolve property-related issues in a timely and commercially appropriate manner.
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- Represent Factory X professionally in negotiations and discussions with property stakeholders.
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Admin & Compliance

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- Run weekly internal meetings to ensure all stakeholders are up-to-date with all property activities and the works timetable.
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- Coordinate rent reviews, option exercises, lease renewals and other lease events.
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- Review rental statements, outgoings and other property charges in conjunction with Finance.
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- Identify and investigate discrepancies or unexpected increases in property costs.
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- Ensure appropriate approvals are obtained for new leases, variations and other property commitments.
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- Liaise with legal advisers on lease documentation and property matters as required.
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- Monitor occupancy costs and identify opportunities for cost reduction and improved commercial performance.
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- Work with Finance to prepare property budgets, forecasts and financial analysis.
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- Support negotiations with robust commercial analysis and market intelligence.
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- Monitor property expenditure against agreed budgets.
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Skills & Qualifications required:

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A commercially minded property professional who understands the retail leasing environment and knows how to get a good deal.

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- Demonstrated experience in retail leasing, property management or a similar commercial property role.
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- Strong knowledge of retail leasing practices and the Australian and NZ retail property market.
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- Proven negotiation skills and the ability to confidently manage commercial discussions.
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- Solid commercial acumen and financial literacy.
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- Excellent relationship-building and stakeholder management skills.
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- Strong analytical and problem-solving skills.
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- High attention to detail and excellent organisational skills.
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- The ability to interpret lease documentation and identify commercial risks and opportunities.
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- Confidence working with landlords, shopping centre management, agents, lawyers and senior stakeholders.
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- Strong written and verbal communication skills.
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- A practical, solutions-focused approach with the ability to get things done.
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Experience working with fashion, retail, shopping centres or a multi-site retail business will be highly regarded.

📌 Property & Leasing Manager (Victoria)
🏢 Factory X
📍 Victoria