Director – Portfolio Management (Development to Hold)

Aldar Properties; Abu Dhabi; On-site; AED 900,000 - 1,200,000; Full time

Job summary

Aldar is seeking a Director to oversee the performance of its development-to-hold portfolio and to lead sales of third-party capital in joint ventures and co-investments. The role involves setting strategic direction, directing underwriting and programming of projects, and leading teams across underwriting, programming and portfolio reporting.

The successful candidate will have a track record of raising third-party capital, structuring joint ventures with institutional investors, and at least 5

Qualifications

• 14+ years in real estate investment, private equity real estate or development.
• At least 5 years in senior leadership roles.
• At least 6 years leading multi-disciplinary teams.
• Proven track record of raising third-party capital and structuring joint ventures with institutional investors.

Responsibilities

• Set portfolio strategy and hold, sell or recycle plans; track assets against underwritten returns.
• Direct underwriting and programming of new and existing projects, including build-to-rent.
• Originate and negotiate joint ventures, co-investments, stake sales and fund deals with institutional investors.
• Lead the underwriting, programming and portfolio reporting teams.

Skills

Capital raising

Joint ventures

Leadership

Portfolio management

Real estate investment

Job description

Aldar is looking for a director to oversee the performance of its development-to-hold portfolio and to lead sales of third-party capital in joint ventures and co-investments.

What the role involves

• Set portfolio strategy and hold, sell or recycle plans, and track assets against underwritten returns
• Direct underwriting and programming of new and existing projects, including build-to-rent
• Originate and negotiate joint ventures, co-investments, stake sales and fund deals with institutional investors
• Lead the underwriting, programming and portfolio reporting teams

What the employer is looking for

• At least 14 years in real estate investment, private equity real estate or development, with at least 5 in senior leadership
• At least 6 years leading multi-disciplinary teams
• A record of raising third-party capital and structuring joint ventures with institutional investors

Summary written by Disruptors Digest from the public posting. The employer's own posting has the full, authoritative description, requirements and application process.