Assistant Manager- Real Estate Acquisition

MDAR Food Company


Date: 1 week ago
City: Dubai
Contract type: Full time
The Real Estate Executive/ Manager will evaluate potential properties for new store locations, focusing on market analysis, financial feasibility, and strategic alignment. The role requires a deep understanding of real estate markets, strong negotiation skills, and the ability to manage all property acquisition and setup phases. The Real Estate Executive will play a critical role in the company’s expansion efforts by securing prime locations that align with the fast-food chain's business objectives.

Scope Of Role

  • Site Evaluation and Market Analysis
  • Conducts comprehensive assessments of potential properties, including on-site evaluations and market analysis.
  • Analyzes demographic, economic, and traffic data to ensure strategic site selection.
  • Reviews and interprets zoning regulations and other local requirements to ensure compliance.
  • Financial Feasibility and Lease Negotiation | Successful lease agreements, financial performance, and cost management
  • Performs detailed financial feasibility studies, including ROI projections for potential sites.
  • Negotiates lease terms with landlords, ensuring alignment with financial and operational goals.
  • Manages all lease agreements and renewals within the company’s real estate portfolio.
  • Strategic Market Expansion and Project Management | Timeliness and quality of project completions, strategic market entries
  • Identifies high-growth areas and emerging markets for new store locations.
  • Leads the expansion strategy by coordinating with the business development team and securing prime locations.
  • Oversees the end-to-end property acquisition process, including project management of renovations and store setups.
  • Reporting and Documentation | Accuracy and completeness of reports and documentation
  • Prepares detailed reports on-site assessments, financial analyses, and market research.
  • Maintains accurate records of all site assessments and related documentation.
  • Strong relationship with government authorities

Requirements

  • Education: Bachelor’s degree in Real Estate, Business Administration, or a related field; Master’s degree preferred.
  • Experience: Over five years of experience in property assessment, leasing, and real estate operations, focusing on the food and beverage industry.
  • Training/License/Certification: Professional certifications such as Certified Commercial Investment Member (CCIM) are preferred.
  • Essential Traits: Technical Competencies: Leasing and negotiation, financial analysis, market research. Essential Traits and Skills: Strategic thinking, analytical, collaborative, persistent, and organized.
  • Preferably bilingual- fluent in both English and Arabic

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