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Real Estate Development Leader- Gurgaon

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IKEA

Jan 27

Applications are closed

  • Job
    Full-time
    Expert Level
  • Construction & Surveying
    Real Estate & Property
  • Gurgaon

Requirements

  • Experience at management level from large-scale retail real estate development
  • Experience in contract negotiations with landowners, landlords and other parties.
  • Experience of dealing with authorities
  • Academic degree in law/urban planning/business administration/architecture
  • Project management: Knowledge of how to initiate, plan, execute, control and close a project.
  • Real estate development: Knowledge of the whole process for land scouting, acquisition, zoning, planning, development and permitting for large scale retail and/or mix use developments including retail.
  • Sustainable real estate development: Knowledge of how to assess a site (greenfield or brownfield) meeting set sustainability requirements when doing real estate development. Knowledge of how to incorporate sustainability requirements into due diligence process
  • Knowledge of the internal real estate development processes, instructions, rules, templates and approval process, including coordination of stakeholders, to secure locations.
  • Real estate Leases: Knowledge about how to investigate, negotiate & structure, secure permits, and acquire premises.
  • Innovative and open to new solutions with a passion for doing business, always keeping sustainability in mind.
  • Leading business and people together.
  • Deliver results within a given framework.

Responsibilities

  • Lead the work to secure and divest locations according to the real estate scope in Ingka, by delivering safe, compliant, sustainable and innovative property solutions that meet the needs of the business and the many people.
  • Own, control and minimize costs and risks related to the acquisition, divestment, zoning, planning, permitting, value and operation of Ingka properties.
  • Manage the procurement and contribution of all necessary external consultants and other stakeholders to enable tasks related to real estate development,
  • Support definition, development and securing implementation of Ingka Groups’ internal strategies and processes related to the assignment.
  • Develop working relations with local authorities and communities, and proactively engage with authorities to gain support for development, planning and permitting of Ingka business such as big box retailing, large property developments, logistic developments, shopping centers and mix-use developments.
  • Lead and supervise the approval and execution of all public infrastructure, utilities and other off-site improvements in connection to all new and existing IKEA properties.
  • Work with other Ingka functions, real estate partners and local authorities to finalize the projects pending legal obligation and ensure the satisfactory hand-over of completed projects along with the relative documentation to other functions after completed acquisitions (title) and permits approval (building permit).
  • Create an environment where the IKEA culture is a strong and living reality that embraces the diversity of co-workers and customers.

FAQs

What responsibilities will I have in this role?

You will lead the work to secure and divest locations, manage costs and risks related to real estate acquisition and development, develop relations with local authorities, and ensure execution of public infrastructure improvements, among other responsibilities.

What qualifications are needed for this position?

A candidate should have experience at a management level in large-scale retail real estate development, contract negotiation, dealing with authorities, and possess an academic degree in law, urban planning, business administration, or architecture.

Is sustainability a focus in this role?

Yes, sustainability is a crucial element, and you will need to assess sites for sustainability requirements and incorporate these into the real estate development process.

What is the company culture like at IKEA?

The culture embraces diversity, encourages individualism, and fosters a collaborative environment where co-workers are valued and engaged in the real estate business.

Are there opportunities for professional development within this position?

Yes, the role includes leading and developing people, allowing for both personal and professional growth along with opportunities to contribute to overall business strategies.

Will I be required to work with external stakeholders?

Yes, you will manage the procurement and collaboration with external consultants and stakeholders necessary for real estate development tasks.

How does IKEA support diversity and inclusion in the workplace?

IKEA values diverse backgrounds and perspectives, offers a work environment free of discrimination and harassment, and encourages co-workers to be themselves.

What type of projects will I be managing?

You will be managing a range of projects including big box retailing, large property developments, logistic developments, shopping centers, and mixed-use developments.

Is experience in project management required for this role?

Yes, knowledge of project management practices, including initiation, planning, execution, control, and closure, is essential for this role.

How does IKEA approach real estate development?

IKEA focuses on secure, compliant, sustainable, and innovative property solutions that align with business needs and customer value.

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IKEA

The IKEA vision is to create a better everyday life for the many people

Retail & Consumer Goods
Industry
10,001+
Employees
1943
Founded Year

Mission & Purpose

The IKEA vision is to create a better everyday life for the many people. Our business idea is to offer well-designed, functional and affordable, high-quality home furnishing, produced with care for people and the environment. The IKEA Brand unites more than 200.000 co-workers and hundreds of companies with different owners all over the world. It’s one brand, but it reaches millions of hearts and homes. Our value chain is unique. It includes everything from product development, design, supply, manufacture and sales – and of course it begins and ends with our customers. The IKEA retail business is operated through a franchise system. Today, 12 different groups of companies market and sell the IKEA product range under franchise agreements with Inter IKEA Systems B.V. Any jobs published on this page are offered by different companies operating under the IKEA Trademark. IKEA was founded in Sweden in 1943.

Culture & Values

  • Togetherness

    Togetherness is at the heart of the IKEA culture. We are strongest when we trust each other, pull in the same direction and have fun together.

  • Caring for people and planet

    We want to be a force for positive change. We have the possibility to make a significant and lasting impact — today and for the generations to come.

  • Cost-consciousness

    As many people as possible should be able to afford a beautiful and functional home. We constantly challenge ourselves and others to make more from less without compromising on quality.

  • Simplicity

    A simple, straightforward and down-to-earth way of being is part of our Smålandic heritage. It is about being ourselves and staying close to reality. We are informal, pragmatic and see bureaucracy as our biggest enemy.

  • Renew and improve

    We are constantly looking for new and better ways forward. Whatever we are doing today, we can do better tomorrow. Finding solutions to almost impossible challenges is part of our success and a source of inspiration to move on to the next challenge.

  • Different with a meaning

    We are not like other companies and we don’t want to be. We like to question existing solutions, think in unconventional ways, experiment and dare to make mistakes - always for a good reason.

  • Give and take responsibility

    We believe in empowering people. Giving and taking responsibility are ways to grow and develop as individuals. Trusting each other, being positive and forward-looking inspires everyone to contribute to development.

  • Lead by example

    We see leadership as an action, not a position. We look for people’s values before competence and experience. People who ‘walk the talk’ and lead by example. It is about being our best self and bringing out the best in each other.

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