Senior Vice President - Real Estate Acquisitions

₹40,00,000 - ₹50,00,000 a year

This role will lead the financial underwriting, investment evaluation, structuring, and yield optimisation for assets being acquired by the company.

1. Investment Underwriting & Financial Modelling

• Build detailed asset-level financial models, including Rental cash flow projections, Escalation structures, Vacancy assumptions, Step-up rentals, Fit-out amortisation, and Lock-in analysis.

• Evaluate: IRR, Equity yield, Cash-on-cash returns, Sensitivity scenarios, leveraged vs unleveraged return, Structure REIT-friendly payout models (9-month rent scenarios, rent-free periods, etc.)

2. Yield & REIT Structuring

• Compute distributable surplus

• Analyse: Net Operating Income (NOI) normalisation, Weighted Average Lease Expiry (WALE) impact, Tenant credit strength, Renewal probabilities

• Build return frameworks factoring: Subleasing income, Capex reserves, Debt servicing, Exit cap assumptions

• Post-tax projections /calculations

3. Transaction Leadership

• Lead discussions with developers/owners from the first meeting to the term sheet

• Work with legal & finance for NDA, LOI, definitive agreements

4. Due Diligence & Risk Assessment

• Take primary ownership and lead the commercial due diligence process for an asset being evaluated for acquisition.

• Coordinate with: Legal, Technical consultants, Tax advisors, and identify risk-adjusted pricing thresholds.

• Lead financial underwriting, cash flow modelling, and sensitivity analysis

• Assess tenant covenant strength, lease structures, and income sustainability.

• Review title, regulatory, tax, and technical diligence findings and incorporate them into valuation assumptions.

• Identify key transaction risks and recommend mitigation strategies.

• Evaluate capital expenditure requirements and asset-level value enhancement opportunities.

• Support IC memos with detailed commercial analysis and risk-return assessment.

• Drive alignment between diligence findings and final bid pricing.

• Lead micro and macro market trend analysis, developing projections and key assumptions to inform acquisition strategy and valuation.

5. Investment Committee & Board Interaction

• Prepare detailed Investment Committee (IC) memoranda

• Present the thesis

• Defend assumptions with data.

• Provide scenario analysis under various macro conditions.

6. Portfolio Strategy & Optimisation

• Evaluate: Portfolio diversification strategy, Sectoral exposure limits, Tenant concentration risks

• Develop acquisition screening frameworks.

• Build dashboarding for performance tracking.

• Experience of 8–12 years in: Real estate private equity, REIT underwriting, Transaction advisory, Valuation advisory, Real estate Investment Banking

• Strong modelling orientation Technical Strength Required

• Advanced Excel modelling

• Cash flow waterfall modelling

• Sensitivity analysis

• Strong understanding of:

o Discounted cash flow

o Cap rate mechanics

o Lease accounting implications

o Debt structuring