Real Estate Manager – Business Services – UAE

The Real Estate Manager will be accountable for the asset management component of Alshayas Retail Property function, with responsibilities including overall property portfolio management, execution of the new store opening plan, site selection, and budget oversight. The role requires close collaboration with the Head of Asset Management and the Senior Real Estate Manager to ensure strategic alignment and operational efficiency. Candidates should bring 5+ years of experience in real estate or property management, with a strong understanding of lease cycles, financial planning, and business strategy within a retail environment.

Key Performance Areas include:

-Negotiate leases from start to finish, ensuring that the most competitive rates are achieved, and utilize knowledge of those market rates when renegotiating existing Leases. Strive to secure the most prominent space in malls and street locations wherever possible.

-Produce reports, as required, to keep line management and Stakeholders fully informed.

-Find, investigate and evaluate potential retail sites within their area of responsibility.

-Recommend and implement a team structure to ensure Real Estate Management meets stakeholder requirements.

-Manage and develop the team to meet future business requirements whilst adhering to all relevant company policies and procedures.

-Through discussions with stakeholders, recommend renewals, relocation or closure of existing property portfolio within region of responsibility.

-Maintain property costs by tracking and making recommendations to the Business. Decide acceptable terms and changes to leases in reference to renegotiation.

-Advise and decide upon the level of commercial opportunity and risk, and present costs and investment analysis to the Retail Property Director.

-Provide a consultancy service on legal aspects of Leases and other issues such as insurance.

-Consult with Divisional Stakeholders and advise them on Property and market developments, establishing bespoke requirements for brands as required.

-Build a strong working relationship with all stakeholders within their area of responsibility and gain a comprehensive understanding of brand requirements. Manage the expectations of their stakeholders within the markets they are responsible for.

-Conclude 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.

-Produce reports, as required, to keep Line Management and Stakeholders fully informed.