Portfolio Manager

We are EssilorLuxottica, a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. We bring together the expertise of two industry pioneers, one in advanced lens technologies and the other in the craftsmanship of iconic eyewear, creating a vertically integrated business that is uniquely positioned to address the world’s evolving vision needs. We craft exclusive eyewear brands Ray-Ban, Oakley, Oliver Peoples, Persol, Costa and more, alongside esteemed licensed brands such as Tiffany & Co, Burberry, and CHANEL whilst our cutting-edge lenses Varilux and Transitions lead the industry in innovation. In Australia and New Zealand, we operate the iconic retail and eye care brands: Sunglass Hut, Oakley, OPSM, Ray-Ban and Laubman & Pank. Every day, EssilorLuxottica’s 190,000 employees in 150 countries work towards a common mission to help people see more and be more.

Our Portfolio Manager ensures that the day-to-day aspects of Luxottica’s property portfolio are in order and completed on time and within approval. This role will be reporting to our Real Estate Director and is responsible for the negotiation of new and existing leases with Luxottica’s Landlords, and/or their agents for the portfolio of properties allocated. The role has primary ownership for that part of the retail network, network planning, and compiling capital proposals for the upgrade or refurbishment of retail stores within the allocated area.

Your responsibilities

• Identify and negotiate new and existing store locations in line with business strategy and the network plan, ensuring strong landlord and contractor relationships.

• Conduct feasibility analyses for new stores, prepare Luxottica Board submissions, and coordinate Corporate Real Estate approvals with HQ.

• Manage lease renewals to ensure they are completed on time and within budget, minimising any holdover exposure to the business.

• Liaise with Lease Admin, Finance and Legal teams to ensure accurate SAP Property updates, timely documentation, payments, and alignment with store opening timelines.

• Prepare all feasibility reports, fixed asset reviews, and support strategic decisions regarding store expansions, reductions, relocations or closures.

• Oversee smooth end-to-end lease processes, including direct negotiation of lease renewals and ensuring operational and financial requirements are met.

About you

• Ideally hold a tertiary degree/diploma inPproperty
• Mminimum of 5 years negotiation experience within Retail Leasing
• Established relationships with retailers and landlords.
• Expertise in Lease Administration and Retail Tenancy Act
• Ability to manage and provide recommendations to the broader business on feasibility analysis
• Ability to manage at both strategic and tactical levels within a rapidly changing environment
• ideally have SAP experience and/or Property Leasing Management databases.
• Ability to travel interstate/overseas frequently

Working at EssilorLuxottica

A career with EssilorLuxottica will offer you rewarding experiences and the opportunity to develop your skills every day. Working at our head-office located in North Sydney, you will enjoy:

• Generous yearly $1,500 product allowance and Family & Friends discounts of up to 50% off to splurge across all our brands – OPSM, Sunglass Hut, Oakley, Ray-Ban, Laubman & Pank and EyeQ
• Up to 50% off Oakley eyewear and apparel throughout the year.
• Wellness amenities including reformer a Pilates studio, Yoga classes, Personal training and Bike storage.
• Abundance of local cafes, a major shopping centre and close to public transport facilities
• Volunteering with our charity partner OneSight, including volunteer leave and iChampion ambassador opportunities.
• Wide range of career opportunities across the EssilorLuxottica network
• Complimentary full-time concierge services offering an exclusive hotel-style experience!
• Options for a hybrid working environment

Next Steps

To be considered for this opportunity, please click apply and send your resume today.

*Please note, due to the high volume of applications only successful candidates will be contacted. We thank you in advance for your interest in EssilorLuxottica*

As an inclusive, team-first company, our people are at the core of everything we do.

We care deeply about creating a workplace where our team members feel valued, respected and empowered. We are committed to providing equal opportunity regardless of gender identity, ethnicity, disability, sexual orientation or life stage.

We value flexibility and encourage our team members to work in ways that meet their work/life commitments and support their wellbeing.

We work hard to create a safe and inclusive environment for all, and most importantly, we're all about creating better experiences - for our customers and for each other.