Property Acquisition Manager – Fast-Growing Fitness Brand, Riyadh (GCC Expansion)

Love Recruitment International; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A fast-growing fitness brand is seeking an experienced Property Acquisition Manager based in Riyadh. This role involves identifying and securing prime locations for new gym sites across the GCC. Ideal candidates will have 5+ years in property acquisition within retail or hospitality and a strong grasp of the Saudi Arabian market. Competitive salary plus commission and performance bonuses are offered.

Benefits

Commission based on sites opened

Annual performance bonus

Travel opportunities across the GCC

Long-term growth opportunities

Qualifications

• 5 years of experience in property acquisition, ideally within fitness, retail, leisure, or hospitality.
• Deep understanding of the Saudi Arabian property landscape and broader GCC markets.
• Proven success in opening multiple sites in high-growth multi-unit businesses.
• Skilled in negotiation, financial analysis, and stakeholder management.
• Confident working with landlords, agents, developers, and local authorities.
• Familiarity with Ejar platform is a strong advantage.
• Fluent in Arabic and English (both essential).

Responsibilities

• Researching key markets and identifying high-potential locations for new clubs.
• Sourcing and assessing properties based on access, visibility, footfall, and demographics.
• Negotiating lease or freehold agreements with landlords, agents, and developers.
• Creating feasibility studies, business cases, and ROI projections for each site.
• Collaborating with development, operations, and finance teams to align expansion strategy.
• Ensuring all acquisitions meet brand standards, timelines, and financial targets.

Skills

Digital Marketing

Marketing

Management Experience

Profit & Loss

Analysis Skills

Microsoft Powerpoint

Market Research

Project Management

Product Management

P&L Management

Product Development

Branding

Job description

Property Acquisition Manager Fast-Growing Fitness Brand Riyadh (GCC Expansion)

Location: Ideally based in Riyadh Saudi Arabia

Salary: SAR 20000 per month SAR 5000 commission per site annual bonus (SAR )

Contract Type: Full-time

This is a rare and exciting opportunity to join one of the fastest-growing fitness brands in the region. With rapid expansion plans across the GCC we are seeking an experienced Property Acquisition Manager to take the lead in identifying and securing high-impact locations for our new gym sites.

Based in Riyadh and covering Saudi ArabiaUAE Bahrain and Qatar this is a high-visibility role where your ability to open new doors literally and strategically will shape the future of a major health and wellness brand.

What Youll Be Doing

• Researching key markets and identifying high-potential locations for new clubs
• Sourcing and assessing properties based on access visibility footfall and catchment demographics
• Negotiating lease or freehold agreements with landlords agents and developers
• Creating feasibility studies business cases and ROI projections for each site
• Collaborating with development operations and finance teams to align expansion strategy
• Ensuring all acquisitions meet brand standards timelines and financial targets

About You

• 5 years of experience in property acquisition ideally within fitness retail leisure or hospitality
• Deep understanding of the Saudi Arabian property landscape and broader GCC markets
• Proven success opening multiple sites in high-growth multi-unit businesses
• Skilled in negotiation financial analysis and stakeholder management
• Confident working with landlords agents developers and local authorities
• Familiarity with Ejar platform is a strong advantage
• Fluent in Arabic and English (both essential)

Whats Included

• Base Salary: SAR 20000 per month (including allowances)
• Commission: SAR 5000 per site agreed with potential to increase
• Annual Bonus: SAR based on performance (leases signed and sites opened)
• Travel: Regional coverage including Saudi Arabia (primary) UAE Qatar and Kuwait
• Incentives: Long-term growth opportunity with a multi-award-winning fitness brand
• Culture: Fast-paced ambitious and collaborative environment focused on delivering exceptional value through high-impact locations

If youve a strategic dealmaker with a strong background in real estate acquisition and a passion for growing brands wed love to speak with you.

Key Skills

• Digital Marketing
• Marketing
• Management Experience
• Profit & Loss
• Analysis Skills
• Microsoft Powerpoint
• Market Research
• Project Management
• Product Management
• P^L Management
• Product Development
• Branding

Employment Type: Full Time

Experience: years

Vacancy: 1