Real Estate Manager (Saudi Nationals)

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

Job summary

A recruiting agency is seeking a Real Estate Manager in Saudi Arabia to lead the expansion efforts for a confidential organization. The ideal candidate will have a strong tenant-side experience specifically in retail real estate, focusing on securing locations for pharmacies and other retail formats. Responsibilities include site acquisition, negotiation, and stakeholder management while developing a strategic portfolio. A proven network within the market and solid negotiation skills are essential for this role.

Benefits

Comprehensive benefits package including housing

Transportation

Medical insurance

Qualifications

• Must be a Saudi National.
• Proven tenant-side experience in retail real estate in Dammam & Al Khobar.
• Strong network with property owners and landlords.

Responsibilities

• Lead the full cycle of securing new sites and negotiations.
• Execute expansion roadmap across various property types.
• Source off-market deals and analyze rental benchmarks.

Skills

Connection with property owners

Negotiation skills

Understanding of retail real estate

Job description

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 centres, 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.