Louis Vuitton Director of Real Estate
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- Location
- New York CityNew YorkUSA
- Posted
- Jan 28, 2025
About Louis Vuitton
Louis Vuitton, a distinguished name in the luxury fashion industry, is part of the esteemed LVMH conglomerate, renowned for its commitment to excellence and innovation. As an employer, Louis Vuitton values the individuality of each employee, fostering an environment where diversity is celebrated and professional growth is encouraged. The company is dedicated to creating a workplace that is both inclusive and empowering, offering unparalleled career development opportunities and industry-leading training.
Join Louis Vuitton in New York as a Director of Real Estate. Lead strategic real estate initiatives with a focus on sustainability and compliance. Competitive salary and comprehensive benefits offered.
Role & Responsibilities
- Negotiate deals independently with key accounts and street landlords.
- Collaborate with internal stakeholders such as finance, legal, operations, and retail teams to ensure alignment of real estate initiatives with business objectives.
- Implement and maintain best practices in real estate management, focusing on sustainability and compliance with environmental initiatives.
- Prepare and manage Letters of Intent (LOI) documents.
- Ensure compliance with all relevant regulations and standards.
- Provide regular reports and updates to the VP of Real Estate and senior leadership on real estate negotiations, projects, and key initiatives.
- Maintain and update internal reporting for the Real Estate department.
- Support the VP of Real Estate in ad hoc projects and deal committee meetings.
- Optimize portfolio and asset utilization from a real estate standpoint.
- Manage preservation of assets, including both owned properties and rentals.
- Coordinate with property managers, project managers, and internal teams for efficient operations.
- Oversee real estate development and construction projects, including expansions, renovations, and new store openings.
- Manage the Lease Department Store network.
- Develop and manage the annual real estate budget, ensuring cost-effective resource utilization.
- Analyze financial performance in partnership with the Finance team and provide recommendations to senior management.
- Work with legal counsel to review contracts and legal aspects of real estate transactions.
Qualifications
- Minimum 10 years of experience in real estate management and deal negotiation.
- Proven track record of success in a leadership role.
- Extensive experience in global real estate strategy, site selection, lease negotiations, and property management.
- Strong financial acumen with experience in budgeting, forecasting, and financial analysis.
- Excellent negotiation, communication, and interpersonal skills.
- Ability to work effectively with senior executives and cross-functional teams.
- Strong analytical and problem-solving skills.
- Knowledge of sustainability practices and environmental regulations in real estate.
- Ability to travel as needed.
Skills
Experience
A minimum of 10 years of experience in real estate management, with a proven track record in deal negotiation and leadership roles.
Workplace
The role is situated in New York City, New York, USA.
Compensation
The appointed candidate will be offered a salary within USD $170,000-190,000 annually.
Benefits
A comprehensive benefits package including medical, dental, vision, short and long-term disability, various paid time off programs, employee discounts/perks, and two retirement plans with employer contributions.
Culture
Louis Vuitton is committed to fostering a culture that respects the uniqueness of each employee, promoting professional equality and inclusivity. The company goes beyond symbolic measures, implementing meaningful strategies to craft an inclusive workforce. Employees are provided with industry-leading training and career development opportunities, both locally and globally, within a supportive and empowering environment.
About Cerulean
Cerulean is the definitive career portal for the global luxury industry. We match exceptional professionals with exclusive opportunities at the world's most prestigious brands. From haute couture and fine watchmaking to prestige beauty, hospitality, and boutique retail, Cerulean centralises luxury employment to help you find the career for which you were destined.