Position Summary:
We are hiring a Real Estate Development Manager specializing in the Food & Beverage (F&B) industry to lead the growth and expansion of our F&B outlets across the UAE. This role is central to our mission to amplify our retail F&B presence, requiring a dynamic individual with a keen eye for lucrative real estate opportunities and a deep understanding of the F&B sector.
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 favourable lease terms and ensuring compliance with local real estate regulations, including RERA.
- Facilitate collaboration with cross-functional teams to ensure efficient project roll-outs, 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.
Requirements
Qualifications:
- 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.
This role is a unique opportunity for a real estate professional with a passion for the F&B industry, offering the chance to significantly impact our brand's footprint and success in the region.
