Real Estate Lead Manager
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الوصف الوظيفي Network and build strategic business relationships with landlords and developers to identify new store site locations through in-depth market studies, negotiate contracts terms and conditions in line with the company strategy to achieve or exceed return on capital investment (ROCI) targets and rent to sales ratios, within the overall business objectives for the assigned market. JOB RESPONSABILITIES Strategy Development and Implementation In conjunction with the Real Estate Director, contribute to the design and lead the implementation of the real estate/ property management strategy for the assigned market in line with Marabi Retail’s vision, mission and corporate objectives. Ensure effective cascading of the departmental strategy into business plans to ensure vertical alignment and horizontal integration with other interfacing departmental strategies. Contribute to the overall development of the Real Estate Operations function, as a member of the managerial team, to facilitate it’s capability to support the growth objectives of the business. Manage the implementation of Real Estate Operations management policies, procedures and controls covering all areas of department activity so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service. Develop, seek approval and lead the implementation of Real Estate Operations operating plans for the assigned market in order to achieve or exceed the business objectives and profitability targets. Develop the operating budget for the assigned market, seek approval and ensure effective management of all operations in compliance to the approved budget. Operations Management Plan and manage the specification and analysis of research and development data to identify city/ site locations against the store model, to provide a potential lease portfolio consistent with achieving targeted annual new site acquisitions. Identify (on ground) specific sites for potential acquisition, taking account of the company’s target customer base, and the store model consistent with achieving targeted annual new site acquisitions. Negotiate all terms and conditions of the lease agreement with landlord/ developers (new sites and lease renewals), consistent with protecting the company’s position and achieving a cost that is in line with the given rent to sales ratio. Manage the development of the ROCI investment paper, liaising internally and externally to include all necessary information and projections so that the investment committee’s decision is commercially sound within the range of expected returns. Contribute to the identification of opportunities for continuous improvement of Real Estate Operations management systems, processes and practices taking into account ‘international best practice’, improvement of business processes, cost reduction and productivity improvement. Property Leasing Coordinate and support the leasing administration process to ensure proper alignment with all necessary parties (internal and external) for both new leases and lease renewals to achieve agreements closure within the given time targets. Coordinate and support the process of selection and negotiating leases, acquiring new business opportunities based on prevailing market rates, evaluation of properties and available properties in order to achieve the company objectives. Relationship Development Develop and maintain effective business relationships with all relevant internal departments and external entities such as real estate agents, government authorities and third party service providers etc with highest standards of business ethics, whilst promptly attending to all critical issues in-order to ensure the services required by the organization are delivered in the most effective manner. Proactively network with real estate agents and property developers in the region in order to ascertain the prevailing market trends. Stay updated of the local rental laws in order to determine the prevailing market rates for leasing value to support the decision making ensuring achievement of market competitiveness and profitability. Reports Ensure that all relevant department reports are prepared timely and accurately and meet Magrabi requirements, policies and standards. المهارات https://www.bayt.com/ar/uae/jobs/real-estate-lead-manager-4494617/ |
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