Responsibilities:
- Develop comprehensive asset management strategies and plans to optimize the financial and operational performance of our real estate portfolio.
- Collaborate with the Marketing team to enhance asset value and net operating income (NOI) of existing investment assets by assisting with marketing strategies and action plans.
- Implement strategic plans at the asset level, in coordination with cross-functional teams, to maximize the value of our Leisure & Entertainment assets.
- Provide timely market intelligence inputs to the Manager of Leisure & Entertainment.
- Coordinate asset and facility management SLAs and contracts with internal and external stakeholders, service providers, and third-party operators for the portfolio.
- Prepare regular and ad-hoc reports in collaboration with other functional departments and share them with stakeholders.
- Develop annual budgets for Marketing, Leasing, and Community Management at the asset level, ensuring alignment with the strategic plan.
- Work with Sales & Leasing teams to determine tenant mix, lease tenure, and asset weighting for the portfolio, with a focus on cash flow continuity, risk diversification, and value.
- Guide and mentor team members to support their professional development.
- Stay up-to-date with industry trends, regulations, and the competitive landscape to leverage new market opportunities and assess implications on tenancy while bench marking against competitors.
RequirementsRequirements:
- Minimum 7 years of relevant experience in managing multi-class Leisure & Entertainment real estate portfolios, with at least 3 years in the UAE.
- In-depth knowledge of UAE real estate market dynamics and regulations, preferably within the leisure/entertainment sector.
- Bachelor's degree (or equivalent) in Business, Real Estate, Finance, or related fields, with a preference for a Master's degree.
- Additional relevant certifications in the industry and nature of work would be advantageous.
- Proficiency in MS Office (Excel, PowerPoint, and Word).
- Strong financial and operational capabilities.
- Excellent written and spoken English communication skills (Arabic preferred).
If you are a dynamic individual with a passion for Leisure & Entertainment asset management and a proven track record in the field, we invite you to apply now and be part of our client's forward-thinking team.
Benefits- Attractive salary package
Job Details
| Posted Date: | 2023-07-26 |
| Job Location: | Abu Dhabi, United Arab Emirates |
| Job Role: | Management |
| Company Industry: | Real Estate |
| Joining Date: | 2023-07-26 |
Preferred Candidate
| Career Level: | Mid Career |
| Degree: | Bachelor's degree |
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