Real Estate Development Manager - F&B Sector

Job description / Role

Key Responsibilities:
• Identify and secure prime real estate locations for new F&B outlets, aligning with our brand's growth strategy and market positioning.
• Manage lease negotiations and renewals for existing outlets, optimizing costs and ensuring terms that support our operational goals.
• Build and strengthen relationships with key stakeholders, including LLs, developers, and F&B industry influencers.
• Conduct in-depth market analysis to identify emerging trends, potential growth areas, and upcoming real estate developments relevant to the F&B sector.
• Present comprehensive reports and strategic recommendations to the executive team, keeping them informed of market dynamics and investment opportunities.
• Lead negotiations with LL and developers, securing favorable lease terms and ensuring compliance with local real estate regulations, including RERA.
• Facilitate collaboration with cross-functional teams to ensure efficient project rollouts, adherence to brand standards, and operational excellence.
• Initiate and cultivate partnerships with other F&B entities, local businesses, and community organizations to enhance brand visibility and market penetration.
• Apply financial acumen to evaluate investment opportunities, oversee P&L management, and conduct feasibility studies for new site acquisitions.

• Bachelor's degree in Business Administration, Real Estate, or a related field with a strong focus on the F&B industry.
• 8 to 10 years of proven experience in real estate development, specifically within the F&B retail sector.
• Expertise in F&B market trends, site evaluation, and the regulatory landscape of real estate in the UAE.
• Demonstrated ability to negotiate and secure advantageous contracts and partnerships.
• Excellent communication, relationship-building, and stakeholder management skills.
• Strategic thinker with a track record of delivering results and driving business growth in the F&B sector.
• Ability to work effectively in a fast-paced, dynamic environment, with a readiness to travel as needed for site visits and stakeholder meetings.

Salary:
AED 25,000 to 35,000 per month inclusive of fixed allowances.

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