Real Estate Manager

Independent Food Company; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A prominent food chain in Dubai is seeking a Real Estate Executive/Manager to evaluate and secure prime locations for new stores. This role involves market analysis, financial feasibility assessments, and strong negotiation skills. Ideal candidates will have extensive experience in real estate operations, particularly within the food and beverage sector. A Bachelor's degree is required, with a Master's preferred. Fluency in English and Arabic is also preferred, reflecting the diverse market needs.

Qualifications

• Over five years of experience in property assessment, leasing, and real estate operations, focusing on the food and beverage industry.
• Professional certifications such as Certified Commercial Investment Member (CCIM) are preferred.
• Fluent in both English and Arabic preferred.

Responsibilities

• Evaluate potential properties for new store locations focusing on market analysis.
• Negotiate lease terms with landlords to align with financial goals.
• Oversee the end-to-end property acquisition process.

Skills

Leasing and negotiation

Financial analysis

Market research

Strategic thinking

Analytical

Collaborative

Persistent

Organized

Education

Bachelor’s degree in Real Estate, Business Administration, or related field

Master’s degree

Job description

The Real Estate Executive/ Manager will evaluate potential properties for new store locations, focusing on market analysis, financial feasibility, and strategic alignment. The role requires a deep understanding of real estate markets, strong negotiation skills, and the ability to manage all property acquisition and setup phases. The Real Estate Executive will play a critical role in the company’s expansion efforts by securing prime locations that align with the fast-food chain's business objectives.

SCOPE OF ROLE

1. Site Evaluation and Market Analysis

• Conducts comprehensive assessments of potential properties, including on-site evaluations and market analysis.
• Analyzes demographic, economic, and traffic data to ensure strategic site selection.
• Reviews and interprets zoning regulations and other local requirements to ensure compliance.

2. Financial Feasibility and Lease Negotiation | Successful lease agreements, financial performance, and cost management

• Performs detailed financial feasibility studies, including ROI projections for potential sites.
• Negotiates lease terms with landlords, ensuring alignment with financial and operational goals.
• Manages all lease agreements and renewals within the company’s real estate portfolio.

3. Strategic Market Expansion and Project | Timeliness and quality of project completions, strategic market entries

• Identifies high-growth areas and emerging markets for new store locations.
• Leads the expansion strategy by coordinating with the business development team and securing prime locations.
• Oversees the end-to-end property acquisition process, including project management of renovations and store setups.

4. Reporting and Documentation | Accuracy and completeness of reports and documentation

• Prepares detailed reports on-site assessments, financial analyses, and market research.
• Maintains accurate records of all site assessments and related documentation.
• Strong relationship with government authorities

Requirements

• Education: Bachelor’s degree in Real Estate, Business Administration, or a related field; Master’s degree preferred.
• Experience: Over five years of experience in property assessment, leasing, and real estate operations, focusing on the food and beverage industry.
• Training/License/Certification: Professional certifications such as Certified Commercial Investment Member (CCIM) are preferred.
• Essential Traits: Technical Competencies: Leasing and negotiation, financial analysis, market research. Essential Traits and Skills: Strategic thinking, analytical, collaborative, persistent, and organized.
• Preferably bilingual: fluent in both English and Arabic