Senior Real Estate Manager - Property

Alshaya

UAE

Ref: GP435-3839

Job description / Role

Employment: Full Time

Senior Real Estate Manager - Property - UAE

The Property Division manages all aspects of Alshaya's 2,750 store retail property portfolio for our 70+ brands across 19 countries. The property division is split into 3 areas, Real Estate, Project Management and Facilities Management (FM). The Division holds regular reviews on store performance and drives real estate portfolio maximisations to ensure it meets the company's and brands' expectations in regard to quality and profitability. With 425 new stores opened in 2014, and with 430 new stores and 200 refurbishments planned for 2015, the work is fast-paced and dynamic. The team structure is split by region, ensuring your exposure across a number of international blue chip brands.

Reporting to the Head of Real Estate, the Senior Real Estate Manager will be accountable for new store expansion strategies, acquisitions planning, site selection and budgeting for specified sites. By liaising with designers, landlords, and our host brands you will ensure brand standards are met, and will work across all brands and divisions in the UAE to manage a varied and diverse client portfolio.

Your responsibilities will include (but are not limited to) the following:
* Negotiating leases from start to finish so that the most competitive rates are achieved, and utilising knowledge of those market rates when renegotiating existing leases
* Ensuring that all leasing process and procedures are followed through and maintained by all stakeholders
* Advising on the level of commercial opportunity and risk, presenting costs and investment analysis to the Head of Real Estate
* Preparing ROCI's (Return on Capital Investment - Template provided) based on information received from Property Manager, Regional Development Managers and Brand Managers and information from other sources
* Overseeing the completion of all site submittal packages for the host brands, ensuring that they are completed to high standards and submitted on time by the real estate team
* Concluding lease renegotiations at acceptable market-related levels through research, relationships with landlords, developers, Alshaya brands and an understanding of the property markets within which they operate.

In the course of your work, you will build a working relationship with RDM's, Business Managers and Brand Managers, advising them on Property developments and Markets and establishing Property requirements for each brand in the Alshaya portfolio, with a particular focus on our Food brands. You will drive negotiations to secure the most prominent space in malls, street locations and other suitable locations whilst supporting the Assistant Real Estate Managers and Real Estate Managers in achieving their targets. Lastly, you will be expected to maintain the executive brand market mapping initiatives, whilst also providing a consultancy service on legal aspects of leases and other issues such as insurance.

Requirements

* A relevant professional qualification (Chartered Surveyor or similar)
* A minimum of 10 years' experience in property management / negotiation / renegotiation specific to retail
* Legal Knowledge (desirable).

The ideal candidate will also be experienced in managing projects for the Food & Beverage industry.

About the Company

As a leading international franchise operator, with nearly 90 of the world’s most recognised brands in its portfolio, Alshaya Group brings great shopping, dining, leisure and hospitality experiences to millions of customers across the Middle East & North Africa, Russia, Turkey, Europe and beyond.

Alshaya Group is a dynamic multinational business and family owned enterprise with a consistent record of growth and innovation. For 35 years, Alshaya has been a pioneering force in brand franchising, using its exceptional knowledge and experience to expand at pace.

Our portfolio of well-loved international brands includes Starbucks, H&M, Mothercare, Debenhams, American Eagle Outfitters, P.F. Chang’s, The Cheesecake Factory, The Body Shop, M.A.C, Victoria’s Secret, Boots, Pottery Barn, KidZania and, coming soon, Hampton by Hilton.

From one retail franchise store opened in Kuwait in 1983, Alshaya Group has consistently grown and diversified and today offers customers an unparalleled choice of brands across multiple sectors; Fashion & Footwear, Health & Beauty, Food, Optics, Pharmacy, Home Furnishings, Leisure & Entertainment, and Hotels. A diverse, skilled team of 53,000 people from 120 nationalities support more than 4,000 stores, cafes, restaurants and leisure destinations, a growing online business and a commitment to delivering great customer experiences.

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Mechanical Engineer salaries in UAE

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AED 6,500

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