General Manager - Retail & Destination Asset Management - Dubai

Michael Page (Hong Kong); Hong Kong; On-site; HKD 1,600,000 - 2,600,000; Full time

Job summary

Michael Page International (Hong Kong) Limited is seeking a senior asset management leader to oversee a portfolio of retail and lifestyle assets, driving strategy and performance across operational, commercial and financial domains.

The role includes managing asset-level P&L, budgeting, capex planning, and Opex optimization while collaborating with leasing, marketing, and development teams to maximize revenue and long-term value.

Qualifications

• Bachelor's degree in Business, Management, Economics, Real Estate, or related discipline.
• 15+ years of experience in retail asset management, shopping mall management, destination management, or commercial real estate.
• Proven experience managing large-scale retail, lifestyle, mixed-use, or destination assets.
• Strong understanding of retail operations, tenant performance management, tenant mix strategy and asset optimization.
• Demonstrated experience managing P&L responsibilities, budgeting, and financial reporting.
• Strong stakeholder management skills with retailers, operators, service providers, and senior leadership.

Responsibilities

• Lead the overall strategy and execution of operational, commercial and financial performance of a portfolio of retail and lifestyle assets.
• Manage asset-level P&L, including budgeting, forecasting, Capex planning, and Opex optimization.
• Develop and implement asset management strategies to maximize revenue, profitability, and long-term value creation.
• Monitor tenant trading performance and collaborate with leasing teams to optimize tenant mix and enhance asset performance.
• Work closely with retailers and marketing teams to drive footfall, customer engagement, and sales growth.
• Oversee day-to-day asset operations including facilities management, security, cleaning, waste management, and health & safety.
• Produce regular asset management reports covering financial performance, operational metrics, commercial outcomes, and strategic initiatives.
• Conduct market research, competitor benchmarking, and retail trade analysis to identify opportunities for growth and improvement.
• Partner with development and project management teams on asset enhancements, repositioning initiatives, and capital projects.
• Lead and develop cross-functional teams while ensuring operational excellence and best-in-class customer experiences across all assets.

Skills

Asset management

P&L management

Stakeholder management

Retail operations

Education

Bachelor's degree in Business, Management, Economics, Real Estate, or related

Job description

• Lead Asset management for flagship retail destination
• Drive asset performance, tenant strategy and commercial growth.

About Our Client

Our client is a leading real estate developer and asset owner with a portfolio of high-profile retail, leisure and mixed-use destinations across Dubai. The business is known for creating world-class consumer experiences, curating best-in-class retail environments and managing landmark assets that attract both regional and international visitors.

Job Description

• Lead the overall strategy and execution of operational, commercial and financial performance of a portfolio of retail and lifestyle assets.


• Manage asset-level P&L, including budgeting, forecasting, Capex planning, and Opex optimization.


• Develop and implement asset management strategies to maximize revenue, profitability, and long-term value creation.


• Monitor tenant trading performance and collaborate with leasing teams to optimize tenant mix and enhance asset performance.


• Work closely with retailers and marketing teams to drive footfall, customer engagement, and sales growth.


• Oversee day-to-day asset operations including facilities management, security, cleaning, waste management, and health & safety.


• Produce regular asset management reports covering financial performance, operational metrics, commercial outcomes, and strategic initiatives.


• Conduct market research, competitor benchmarking, and retail trade analysis to identify opportunities for growth and improvement.


• Partner with development and project management teams on asset enhancements, repositioning initiatives, and capital projects.


• Lead and develop cross-functional teams while ensuring operational excellence and best-in-class customer experiences across all assets.

The Successful Applicant

• Bachelor's degree in Business, Management, Economics, Real Estate, or a related discipline.


• 15+ years of experience within retail asset management, shopping mall management, destination management, or commercial real estate.


• Proven experience managing large-scale retail, lifestyle, mixed-use, or destination assets.


• Strong understanding of retail operations, tenant performance management, tenant mix strategy and asset optimization.


• Demonstrated experience managing P&L responsibilities, budgeting, and financial reporting.


• Strong stakeholder management skills with the ability to engage retailers, operators, service providers, and senior leadership.

What's on Offer

• Opportunity to manage a prestigious portfolio of high-profile retail and lifestyle destinations.


• Exposure to some of the region's most prominent real estate and retail assets.


• Strategic leadership role with significant influence over asset performance and value creation.


• Collaborative and entrepreneurial working environment.


• Competitive executive compensation package.


• Long-term career progression within a leading real estate platform.