Real Estate Development Manager – Food & Beverage Sector

Z Global; Dubai; On-site; AED 120,000 - 180,000; Full time

Job summary

An established industry player is seeking a Real Estate Development Manager to spearhead the growth of its Food & Beverage outlets across the UAE. This pivotal role involves identifying prime real estate opportunities, managing lease negotiations, and conducting thorough market analysis to drive strategic decisions. The ideal candidate will possess a strong background in real estate development within the F&B sector, showcasing expertise in market trends and stakeholder management. If you thrive in a dynamic environment and are passionate about expanding a brand's footprint, this opportunity is perfect for you.

Qualifications

• 8-10 years of experience in real estate development within the F&B sector.
• Strong expertise in market trends and regulatory landscape in UAE.

Responsibilities

• Identify and secure prime real estate for new F&B outlets.
• Manage lease negotiations and renewals, optimizing costs.
• Conduct market analysis and present strategic recommendations.

Skills

Real Estate Development

Market Analysis

Negotiation Skills

Stakeholder Management

Financial Acumen

Strategic Thinking

Education

Bachelor's degree in Business Administration

Bachelor's degree in Real Estate

Job description

Our Client is hiring a Real Estate Development Manager specializing in the Food & Beverage (F&B) industry to lead the growth and expansion of our F&B outlets across the UAE. This role is central to our mission to amplify our retail F&B presence, requiring a dynamic individual with a keen eye for lucrative real estate opportunities and a deep understanding of the F&B sector.

Key Responsibilities:

1. Identify and secure prime real estate locations for new F&B outlets, aligning with our brand's growth strategy and market positioning.
2. Manage lease negotiations and renewals for existing outlets, optimizing costs and ensuring terms that support our operational goals.
3. Build and strengthen relationships with key stakeholders, including LLs, developers, and F&B industry influencers.
4. Conduct in-depth market analysis to identify emerging trends, potential growth areas, and upcoming real estate developments relevant to the F&B sector.
5. Present comprehensive reports and strategic recommendations to the executive team, keeping them informed of market dynamics and investment opportunities.
6. Lead negotiations with LL and developers, securing favorable lease terms and ensuring compliance with local real estate regulations, including RERA.
7. Facilitate collaboration with cross-functional teams to ensure efficient project rollouts, adherence to brand standards, and operational excellence.
8. Initiate and cultivate partnerships with other F&B entities, local businesses, and community organizations to enhance brand visibility and market penetration.
9. Apply financial acumen to evaluate investment opportunities, oversee P&L management, and conduct feasibility studies for new site acquisitions.

Qualifications and Experience:

1. Bachelor's degree in Business Administration, Real Estate, or a related field with a strong focus on the F&B industry.
2. 8 to 10 years of proven experience in real estate development, specifically within the F&B retail sector.
3. Expertise in F&B market trends, site evaluation, and the regulatory landscape of real estate in the UAE.
4. Demonstrated ability to negotiate and secure advantageous contracts and partnerships.
5. Excellent communication, relationship-building, and stakeholder management skills.
6. Strategic thinker with a track record of delivering results and driving business growth in the F&B sector.
7. Ability to work effectively in a fast-paced, dynamic environment, with a readiness to travel as needed for site visits and stakeholder meetings.