Acquisitions - Hire or get hired
Your complete guide to the Acquisitions Role: Duties, salary & hiring tips
Purpose of the Acquisitions
The Acquisitions Specialist identifies, evaluates, and negotiates commercial or residential property purchases that align with company strategy and investment criteria.
Acquisitions's duties and responsibilities
• Market Research:
Identify and assess property opportunities based on growth potential.
• Due Diligence:
Coordinate feasibility, legal, financial, and zoning checks.
• Negotiation:
Lead acquisition discussions and manage contract execution.
• Stakeholder Liaison:
Work with legal, finance, and development teams.
• Pipeline Development:
Maintain a database of active and future acquisition targets.
Identify and assess property opportunities based on growth potential.
• Due Diligence:
Coordinate feasibility, legal, financial, and zoning checks.
• Negotiation:
Lead acquisition discussions and manage contract execution.
• Stakeholder Liaison:
Work with legal, finance, and development teams.
• Pipeline Development:
Maintain a database of active and future acquisition targets.
Requirements and qualifications for a Acquisitions
• Experience in property acquisition, development, or investment
• Strong financial analysis and negotiation skills
• Knowledge of real estate legislation and contract law
• Commercial awareness and understanding of property cycles
• Relevant tertiary qualifications in property, law, or finance
• Strong financial analysis and negotiation skills
• Knowledge of real estate legislation and contract law
• Commercial awareness and understanding of property cycles
• Relevant tertiary qualifications in property, law, or finance
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Property Market Update
The property and real estate industry continues to grapple with talent shortages, particularly in commercial and residential property management, as well as facilities and operations management. The hiring landscape has shifted slightly over the past year, with a notable decline in demand for administrative and accounts managers. Employers remain open to upskilling candidates, with 64% willing to train high-quality hires lacking industry-specific experience if they align with company culture. However, the challenge persists, with 23% of employers struggling to hire commercial property managers and 20% facing difficulties filling residential property management roles.
The demand for flexibility and benefits has also evolved. Bonuses and remote work options are now the most commonly offered benefits, each provided by 56% of employers, while career development training has seen a decline, with only 36% of companies prioritising it compared to 54% last year. AI and automation are emerging as key drivers in property management, with virtual property tours (33%) and AI-assisted workflow automation (31%) gaining traction. As the market adjusts to evolving workforce expectations and technological advancements, businesses must balance competitive salaries, upskilling initiatives, and automation to attract and retain top talent.
The demand for flexibility and benefits has also evolved. Bonuses and remote work options are now the most commonly offered benefits, each provided by 56% of employers, while career development training has seen a decline, with only 36% of companies prioritising it compared to 54% last year. AI and automation are emerging as key drivers in property management, with virtual property tours (33%) and AI-assisted workflow automation (31%) gaining traction. As the market adjusts to evolving workforce expectations and technological advancements, businesses must balance competitive salaries, upskilling initiatives, and automation to attract and retain top talent.
