Real Estate Manager

Bayt AlTawabel; Riyadh; On-site; SAR 180,000 - 300,000; Full time

Job summary

Bayt AlTawabel is seeking an experienced Real Estate Manager to lead site selection, lease negotiations, and expansion across multiple locations in Saudi Arabia. You will evaluate opportunities, manage landlord relationships, and ensure each location meets commercial, operational, legal, and brand requirements.

The role requires strong market knowledge, negotiation strength, financial awareness, and a track record of delivering real estate projects from site selection to handover.

Qualifications

• Bachelor's degree in Business Administration, Real Estate, Finance, Engineering, Architecture, or a related field.
• Minimum 5 years of experience in real estate, leasing, property management, expansion, or site acquisition.
• Experience in F&B, retail, hospitality, restaurants, malls, or multi-location businesses is strongly preferred.
• Strong knowledge of the local real estate market, commercial leasing, rental structures, and landlord negotiations.
• Proven experience in site selection, feasibility studies, lease negotiation, and location analysis.
• Strong understanding of lease terms, commercial agreements, fit-out requirements, and handover processes.
• Ability to assess location potential based on visibility, accessibility, footfall, demographics, competition, and business fit.
• Strong financial awareness, including rent analysis, occupancy cost, ROI, and budget impact.
• Excellent negotiation, communication, and stakeholder management skills.
• Ability to coordinate with legal, finance, operations, design, and project teams.
• Strong reporting, documentation, and presentation skills.
• Ability to manage multiple locations, timelines, and negotiations at the same time.
• Strong problem-solving skills and attention to detail.
• Strong command of Arabic and English.

Responsibilities

• Identify and recommend suitable locations for new branches, outlets, offices, warehouses, or business facilities.
• Conduct market research, competitor analysis, catchment area studies, footfall reviews, and location feasibility assessments.
• Build and maintain strong relationships with landlords, developers, brokers, mall operators, and property consultants.
• Lead lease negotiations, commercial discussions, renewals, amendments, and related real estate agreements.
• Review rental terms, service charges, lease conditions, handover requirements, fit-out periods, and commercial risks.
• Prepare site evaluation reports, location comparison studies, and investment recommendations.
• Coordinate with operations, finance, legal, projects, design, procurement, and construction teams during the full real estate cycle.
• Support the expansion roadmap by tracking available opportunities, upcoming openings, lease timelines and project milestones.
• Manage lease renewals, expiries, rent reviews and landlord communications for existing locations.
• Ensure all selected locations meet business operational, legal licensing, accessibility, and brand requirements.
• Support budgeting and financial analysis related to rent, fit-out costs, expected revenue, and ROI.
• Monitor real estate market trends, rental rates, new developments and strategic expansion opportunities.
• Maintain accurate records of leases, contracts, site evaluations, landlord communications, and real estate documentation.
• Support smooth handover from leasing stage to design, fit-out and operations teams.
• Identify risks related to location, lease terms, timelines, permits, handover conditions and landlord obligations.

Skills

Market research

Negotiation

Financial awareness

Stakeholder management

Arabic & English bilingual

Education

Bachelor's degree in Business Administration, Real Estate, Finance, Engineering, Architecture, or related field

Job description

We are looking for an experienced Real Estate Manager to lead site sourcing location evaluation lease negotiations and real estate expansion activities for a growing multi-location business This role is responsible for identifying high-potential locations managing landlord and developer relationships supporting expansion plans and ensuring each location meets the company s commercial operational and brand requirements The ideal candidate will have strong market knowledge negotiation skills financial awareness and experience managing real estate projects from site selection to handover The Real Estate Manager will work closely with internal stakeholders to evaluate opportunities manage leasing requirements track project timelines and support successful new location openings

Key Responsibilities

• Identify and recommend suitable locations for new branches outlets offices warehouses or business facilities
• Conduct market research competitor analysis catchment area studies footfall reviews and location feasibility assessments
• Build and maintain strong relationships with landlords developers brokers mall operators and property consultants
• Lead lease negotiations commercial discussions renewals amendments and related real estate agreements
• Review rental terms service charges lease conditions handover requirements fit-out periods and commercial risks
• Prepare site evaluation reports location comparison studies and investment recommendations
• Coordinate with operations finance legal projects design procurement and construction teams during the full real estate cycle
• Support the expansion roadmap by tracking available opportunities upcoming openings lease timelines and project milestones
• Manage lease renewals expiries rent reviews and landlord communications for existing locations
• Ensure all selected locations meet business operational legal licensing accessibility and brand requirements
• Support budgeting and financial analysis related to rent fit-out cost expected revenue and return on investment
• Monitor real estate market trends rental rates new developments and strategic expansion opportunities
• Maintain accurate records of leases contracts site evaluations landlord communications and real estate documentation
• Support smooth handover from leasing stage to design fit-out and operations teams
• Identify risks related to location lease terms timelines permits handover conditions and landlord obligations

• Bachelor s degree in Business Administration, Real Estate, Finance, Engineering, Architecture, or a related field.
• Minimum 5 years of experience in real estate, leasing, property management, expansion, or site acquisition.
• Experience in F&B, retail, hospitality, restaurants, malls, or multi-location businesses is strongly preferred.
• Strong knowledge of the local real estate market, commercial leasing, rental structures, and landlord negotiations.
• Proven experience in site selection, feasibility studies, lease negotiation, and location analysis.
• Strong understanding of lease terms, commercial agreements, fit-out requirements, and handover processes.
• Ability to assess location potential based on visibility, accessibility, footfall, demographics, competition, and business fit.
• Strong financial awareness, including rent analysis, occupancy cost, ROI, and budget impact.
• Excellent negotiation, communication, and stakeholder management skills.
• Ability to coordinate with legal, finance, operations, design, and project teams.
• Strong reporting, documentation, and presentation skills.
• Ability to manage multiple locations, timelines, and negotiations at the same time.
• Strong problem-solving skills and attention to detail.
• Strong command of Arabic and English.