Project Real Estate Manager

Potential Max Consultants

Dubai, UAE

Ref: RP525-88

Job description / Role

Employment: Full Time

Our client is a family office with a significant Real Estate Portfolio in Europe, India, Middle East. The portfolio comprises completed & rented out properties, properties at various stages of construction & interior designing and properties which are yet to be developed or sold. Additionally, the client is actively looking for attractive investment opportunities.

Job Brief
- The Real Estate Manager will oversee, coordinate, report on all related activities and tasks assigned.
- Will ensure current real estate portfolio is effectively managed.

Responsibilities
- Leading project development including having knowledge of architects, designers, construction related, i.e. tendering, documents, project management, site-manager responsibilities, negotiating with furniture & fixture manufacturers and suppliers, legal knowledge of broad contract preparation & review with appropriate penal clauses.
- Negotiate lease/contracts in a timely and reliable manner, with appropriate penal clauses;
- Oversee repair, replacement and maintenance of properties;
- Ensure adequacy of insurance of all assets at all times;
- Develop feasibility for new projects & developments and make suitable recommendations;
- Exercise cost control and operational efficiency at all times.
- Prepare and submit monthly/quarterly financial reports to track all assets’ performance and suggest measures where required;
- Obtain and renew licenses, permits, permissions, power of attorneys’.
- Liaison with Legal Counselors/Representatives regarding real estate, zoning, real estate related litigation, and government affairs.
- Performs other functions as assigned from time to time.
- Project management of all facility related construction & maintenance process;
- Ensure reporting on all tenanted properties to maximize rental returns in each market; ensure properties are managed profitably.
- Ensure tenant related contracts are up-to-date;
- Ensure legal actions if required are timely taken and followed-up and reported regularly;
- Monthly reporting on all properties, in a manner reflecting revenues, expenses incurred, profits registered, loans outstanding, and other key decision-making parameters. Details of all material expenses incurred should be disclosed fully

Requirements

Minimum 10-12 years of related work experience in commercial & residential real estate management in corporate environment.

A Civil Engineer with understanding of project finance and ability to comprehend legal contracts.

This position reports to the Group Chairman.

About the Company

Potential Max is a new age consultancy aimed at enhancing personal creativity and productivity, personal and professional growth as well as knowledge transfer and potential development among mid and senior level employees and professionals.

Potential Max operates in 5 broad areas. These are: - Executive Recruitment - HR Services - Business Coaching and Executive and Life coaching - Training and Development - Retail Consultancy services.

Based in the United Arab Emirates, Potential Max addresses the needs of clients across the Middle East as well as the Indian sub continent.

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PRO salaries in UAE

Average monthly compensation
AED 8,500

Breakdown available for industries, cities and years of experience