Real Estate Manager (Saudi Nationals)

Black & Grey HR Consultancy FZE; Dammam; On-site; SAR 150,000 - 200,000; Full time

Job summary

A recruitment agency is seeking a Real Estate Manager to lead site acquisitions for a confidential organization in Dammam, Saudi Arabia. The role encompasses identifying and securing prime retail locations and requires proven experience in tenant-side retail real estate. Candidates should possess a strong network and negotiation skills. A comprehensive benefits package is offered.

Benefits

Housing

Transportation

Medical insurance

Qualifications

• Proven tenant-side experience in retail real estate in Dammam & Al Khobar.
• Strong network with property owners, landlords, and developers.
• Confident negotiator with experience in high-traffic locations.

Responsibilities

• Lead the full cycle of securing new sites across various retail formats.
• Define and execute an expansion roadmap with senior management.
• Source off-market deals and stay updated on rental benchmarks.
• Own deal execution from contact to signed lease agreement.
• Build and maintain relationships with real estate stakeholders.
• Assess potential sites based on various commercial metrics.

Skills

Negotiation

Market intelligence

Relationship management

Financial evaluation

Job description

Black & Grey HR is leading the search for a Real Estate Manager to drive aggressive expansion for a confidential organisation in Saudi Arabia. This role is for someone who lives in the tenant‑side retail real estate world – securing locations for pharmacies, ATMs, F&B outlets, bank branches, service points, supermarkets, convenience stores, and similar formats across residential and commercial areas.

Your core mission: identify, evaluate, and secure prime locations under the best possible terms.

Key Responsibilities

• Site Acquisition & Negotiation: Lead the full cycle of securing new sites – mapping target areas, screening properties, conducting commercial and financial analysis, and directly negotiating with property owners, landlords, developers, and mall management.
• Expansion & Portfolio Strategy: Work with senior management to define and execute an expansion roadmap across malls, community centers, high streets, fuel stations, residential communities and mixed‑use developments.
• Market Intelligence & Off‑Market Opportunities: Use your network to source off‑market deals, stay updated on rental benchmarks, vacancy, upcoming projects and competitor activity.
• Deal Execution: Own the process from first contact to signed lease agreement – offers, term sheets, internal approvals and coordination with legal to ensure compliance and commercially favourable terms.
• Stakeholder & Relationship Management: Build and maintain strong relationships with landlords, property owners, real estate brokers and developers to ensure a continuous pipeline of viable opportunities.
• Financial & Commercial Evaluation: Assess each potential site based on footfall, accessibility, catchment demographics, expected sales and ROI, and present clear recommendations for decision‑making.

Requirements

• Must be a Saudi National.
• Proven tenant‑side experience in retail real estate in Dammam & Al Khobar, with a track record of securing and negotiating leases for:
• Pharmacies, clinics, and service outlets
• Bank branches / ATMs / service points
• F&B outlets or other specialty retail formats
• Supermarkets / hypermarkets
• Convenience stores / neighbourhood shops
• Strong, verifiable network with property owners, landlords, developers and/or mall operators in the Saudi market.
• Confident, hands‑on negotiator with experience closing deals in high‑traffic, strategic locations.

Benefits

• Comprehensive benefits package as per company policy, including housing, transportation, and medical insurance.