Head of Business Development, Real Estate & Store Expansion
lenskart.com- Posted 3 days ago
- Be among the first 10 applicants
Job Description
Role Overview
We are looking for a seasoned Business Development leader to drive aggressive retail
expansion across Thailand. This role will own the end-to-end real estate strategy—identifying
high-potential locations, securing best-in-class leasing deals, and enabling rapid store rollouts in
line with business growth objectives.
The ideal candidate brings deep expertise in retail real estate, strong developer/landlord
networks, and a sharp commercial mindset to unlock high-ROI locations.
Key Responsibilities
1. Location Strategy & Market Expansion
- Define and execute the Thailand retail expansion roadmap aligned with business growth targets
- Identify high-potential micro-markets, high streets, malls, and emerging retail hubs
- Leverage data, footfall analytics, and competitive mapping to drive location decisions
- Build a strong pipeline of priority locations across Tier 1 and Tier 2 cities
2. Site Identification & Acquisition
- Lead end-to-end site sourcing including high streets, malls, transit hubs, and mixed-use
- developments
- Evaluate sites based on commercial viability, catchment, visibility, and brand fit
- Develop strong relationships with mall developers, landlords, and brokers to access
- prime inventory
3. Leasing & Deal Negotiation
- Own lease negotiations, commercial structuring, and closure of agreements
- Optimize rental terms, revenue share models, lock-ins, CAM charges, and exit clauses
- Ensure favorable and scalable lease terms aligned with long-term business strategy
- Partner with legal and finance teams for contract finalization and compliance
4. Store Rollout & Execution
- Drive seamless handover of sites for store development and launch
- Collaborate with design, project management, and operations teams for timely store
- openings
- Track project timelines, capex efficiency, and launch readiness
5. Partnerships & Ecosystem Development
- Build and manage relationships with key real estate developers (e.g., mall operators,
- retail groups)
- Identify strategic partnerships for co-development, shop-in-shop, or franchise models
- Stay ahead of market trends, new developments, and competitor expansion moves
6. Performance & Governance
- Own expansion KPIs including number of store openings, lease efficiency, and ROI
- benchmarks
- Monitor store performance post-launch and refine location strategy accordingly
- Maintain strong governance on documentation, compliance, and reporting
Key Requirements
- Experience: 12–18 years in Business Development / Real Estate / Retail Expansion
- Proven track record of scaling retail footprint in Thailand (preferably across malls & high
- streets)
- Strong network with landlords, developers, and leasing agencies in Thailand
- Deep understanding of retail leasing structures, negotiations, and commercial modeling
- Experience in consumer retail, QSR, fashion, or lifestyle brands preferred
- Ability to operate in a fast-paced, high-growth environment with aggressive targets
Leadership Competencies
- Strategic thinker with strong execution bias
- Sharp negotiation and influencing skills
- Data-driven decision making
- Strong stakeholder management across internal and external partners
- Entrepreneurial mindset with ownership and accountability
Why This Role
- Opportunity to lead large-scale retail expansion in a high-growth market
- High visibility role with direct impact on business growth
- work closely with leadership on strategic market entry and scale
More Info
Key Skills
competitive mapping
retail real estate
data footfall analytics
lease efficiency
capex efficiency
commercial modeling
contract finalization
commercial structuring

