Site Acquisition Manager - Retail Expansion

Majid Al Futtaim; Dubai; On-site; AED 340,000 - 460,000; Full time

Job summary

Majid Al Futtaim Retail is seeking an experienced Site Acquisition Manager to support its hypermarket and supermarket expansion strategy in the United Arab Emirates. Based at the UAE Head Office in Dubai, you will identify strategic retail locations, evaluate real estate opportunities, negotiate property agreements, and support successful store development.

The role requires leading market research, site selection, lease negotiations, and coordinating with construction, legal, marketing, and

Qualifications

• Experience in site acquisition, retail expansion, or related role in hypermarket/supermarket industry.
• Proven track record of managing multiple expansion projects.
• Familiarity with real estate development, site selection and commercial lease negotiations.

Responsibilities

• Conduct market research to identify locations for new hypermarkets and supermarkets.
• Lead property acquisition and site-related negotiations for expansion.
• Coordinate cross-functional teams including construction, legal, marketing and other departments.
• Manage project schedules and budgets for new store openings and expansion initiatives.
• Analyze financial performance and ROI of proposed locations and expansion projects.
• Negotiate leases and maintain relationships with property owners and stakeholders.
• Monitor expansion progress against timelines and financial targets.

Skills

Retail site acquisition

Market research

Lease negotiations

Project management

Cross-functional coordination

Financial analysis

Education

Bachelor's degree in Business Administration, Retail Management, or related field

Job description

Job Snapshot

Site Acquisition Manager - Retail Expansion Job Snapshot - Role: Site Acquisition Manager - Location: Dubai, United Arab Emirates - Industry: Retail - Function: Real Estate Leasing-Acquisition - Experience: Minimum 7 years - Job Type: Full Time - Work Arrangement: On-site

Overview

Majid Al Futtaim Retail is seeking an experienced Site Acquisition Manager to support its hypermarket and supermarket expansion strategy in the United Arab Emirates. Based at the UAE Head Office in Dubai, the role focuses on identifying strategic retail locations, evaluating real estate opportunities, negotiating property agreements, and supporting the successful development of new stores. The Site Acquisition Manager will play a key role in expanding the company 's retail presence through market research, site selection, lease negotiations, property acquisitions, and strategic growth initiatives. The position also involves evaluating existing store performance, managing expansion projects, and identifying opportunities to improve profitability. Working closely with construction, legal, marketing, and other business teams, the successful candidate will coordinate new store development activities, monitor project budgets and timelines, and provide financial recommendations to senior management.

Job Details

Country: United Arab Emirates - City: Dubai - Industry: Retail - Function: Real Estate Leasing-Acquisition - Salary: Not disclosed - Gender: No Preference - Candidate Nationality: Not specified - Job Type: Full Time - Work Arrangement: On-site

Key Responsibilities

Retail Expansion Strategy and Market Research

• Conduct comprehensive market research to identify potential locations for new hypermarkets and supermarkets.
• Analyze consumer trends, market conditions, and the competitive landscape to identify growth opportunities.
• Develop and implement retail expansion strategies aligned with business objectives.
• Evaluate opportunities to establish a presence in new geographic markets and targeted regions.
• Identify potential growth opportunities through strategic partnerships, acquisitions, and organic expansion.
• Provide market insights and recommendations to support long-term retail network development.
• Assess the commercial potential of proposed expansion opportunities.

Site Identification and Real Estate Acquisition

• Identify and evaluate suitable real estate opportunities for new hypermarket and supermarket locations.
• Conduct site selection assessments based on market potential, commercial viability, and business requirements.
• Analyze potential retail properties to determine their suitability for planned store operations.
• Lead property acquisition and site-related negotiations in support of retail expansion objectives.
• Evaluate leasing opportunities and negotiate commercial lease terms for proposed store locations.
• Coordinate with relevant stakeholders throughout the site acquisition process.
• Support the selection of locations that align with the company 's operational and financial objectives.

Lease Negotiations and Stakeholder Relationships

• Manage negotiations related to retail property leases and acquisition opportunities.
• Build and maintain productive relationships with property owners, landlords, and relevant business stakeholders.
• Work with legal teams to support the review and coordination of property agreements.
• Collaborate with internal departments to address commercial and operational requirements during negotiations.
• Apply effective negotiation strategies to support commercially viable property arrangements.
• Maintain clear communication with stakeholders throughout acquisition and expansion activities.

New Store Development and Project Management

• Lead cross-functional coordination for new hypermarket and supermarket opening projects.
• Work closely with construction, legal, marketing, and other relevant teams to support successful store launches.
• Develop and manage project schedules, budgets, and resource allocation plans.
• Monitor expansion project progress against established timelines and financial targets.
• Coordinate project activities to support completion within approved budgets and schedules.
• Identify potential project challenges and work with stakeholders to develop practical solutions.
• Support the effective transition from site acquisition and development planning to store opening.
• Maintain communication with relevant teams to ensure alignment throughout the expansion process.

Financial Analysis and Investment Performance

• Analyze the financial performance of proposed new store locations and existing retail operations.
• Evaluate commercial opportunities to support profitable retail expansion.
• Monitor the financial performance of expansion projects against established objectives.
• Track return on investment (ROI) for new store development and expansion initiatives.
• Assess financial results and identify opportunities to improve store profitability.
• Provide financial insights and recommendations to support investment and expansion decisions.
• Prepare performance updates and communicate relevant findings to senior management.

Existing Store Optimization

• Review the financial performance of existing hypermarket and supermarket locations.
• Identify opportunities to improve the profitability of the current retail network.
• Analyze store performance information to support strategic business decisions.
• Recommend improvements based on financial analysis, market conditions, and operational considerations.
• Collaborate with relevant business teams to evaluate opportunities for retail network optimization.
• Support expansion planning by considering the performance of existing stores and potential new locations.

Business Growth and Strategic Planning

• Contribute to business growth through effective site acquisition and retail expansion planning.
• Identify potential opportunities for strategic partnerships and property acquisitions.
• Support the development of expansion plans that align with long-term business priorities.
• Evaluate market opportunities and provide recommendations based on commercial and financial considerations.
• Coordinate with internal stakeholders to support the implementation of approved growth initiatives.
• Monitor expansion performance and communicate progress against business objectives.

Qualifications and Experience

• Bachelor 's degree in Business Administration, Retail Management, or a related field.
• Minimum 7 years of experience in site acquisition, retail expansion, or a related role within the hypermarket and supermarket industry.
• Proven experience managing multiple retail expansion projects.
• Demonstrated track record of supporting significant revenue growth through expansion initiatives.
• Strong understanding of the hypermarket and supermarket business environment.
• Familiarity with real estate development, retail site selection and commercial lease negotiations.
• Experience evaluating property acquisition opportunities and managing relationships with relevant stakeholders.
• Proficiency in financial analysis, budget management, and strategic planning.
• Experience coordinating cross-functional teams during retail expansion projects.

Skills and Competencies

• Retail site acquisition and location evaluation.
• Hypermarket and supermarket expansion planning.
• Commercial real estate assessment and property acquisition.
• Lease negotiation and stakeholder relationship management.
• Market research and competitive analysis.
• Retail network development and strategic planning.
• Financial analysis and investment evaluation.
• Return on investment monitoring and profitability assessment.
• Expansion project management and budget control.
• Project scheduling and resource allocation.
• Cross-functional coordination and communication.
• Strong commercial negotiation and relationship building skills.
• Excellent verbal communication and interpersonal abilities.
• Analytical thinking and business problem solving.
• Ability to manage multiple expansion projects and competing priorities.
• Strong organizational skills and attention to commercial and financial details.

What We Offer

Majid Al Futtaim is committed to creating great moments, spreading happiness, and delivering memorable experiences for customers and communities. The organization