Real Estate Manager
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Key skills for this role
About the Role
Bayt Al-Tawabel seeks an experienced Real Estate Manager to lead site sourcing, lease negotiations, and expansion activities for a multi-location business. You will identify high-potential locations, manage landlord relationships, and coordinate with internal teams.
Key Skills for This Role
Responsibilities
- Identify, evaluate, and recommend suitable locations for new branches, outlets, offices, warehouses, or business facilities
- Conduct market research, competitor analysis, catchment area studies, footfall reviews, and location feasibility assessments
- Build and maintain strong relationships with landlords, developers, brokers, mall operators, and property consultants
- Lead lease negotiations, commercial discussions, renewals, amendments, and related real estate agreements
- Prepare site evaluation reports, location comparison studies, and investment recommendations
- Coordinate with operations, finance, legal, projects, design, procurement, and construction teams during the full real estate cycle
- Support the expansion roadmap by tracking available opportunities, upcoming openings, lease timelines, and project milestones
- Manage lease renewals, expiries, rent reviews, and landlord communications for existing locations
- Monitor real estate market trends, rental rates, new developments, and strategic expansion opportunities
Requirements
- Bachelor’s degree in Business Administration, Real Estate, Finance, Engineering, Architecture, or related field
- Minimum 5 years of experience in real estate, leasing, property management, expansion, or site acquisition
- Experience in F&B, retail, hospitality, restaurants, malls, or multi location businesses is strongly preferred
- Strong knowledge of the local real estate market, commercial leasing, rental structures, and landlord negotiations
- Proven experience in site selection, feasibility studies, lease negotiation, and location analysis
- Strong financial awareness, including rent analysis, occupancy cost, ROI, and budget impact
- Excellent negotiation, communication, and stakeholder management skills
- Strong command of Arabic and English
Full Job Posting
Role Overview
- We are looking for an experienced Real Estate Manager to lead site sourcing, location evaluation, lease negotiations, and real estate expansion activities for a growing multi location business.
- This role is responsible for identifying high potential locations, managing landlord and developer relationships, supporting expansion plans, and ensuring each location meets the company’s commercial, operational, and brand requirements.
- The Real Estate Manager will work closely with internal stakeholders to evaluate opportunities, manage leasing requirements, track project timelines, and support successful new location openings.
Key Responsibilities
- Identify, evaluate, and recommend suitable locations for new branches, outlets, offices, warehouses, or business facilities.
- Conduct market research, competitor analysis, catchment area studies, footfall reviews, and location feasibility assessments.
- Build and maintain strong relationships with landlords, developers, brokers, mall operators, and property consultants.
- Lead lease negotiations, commercial discussions, renewals, amendments, and related real estate agreements.
- Review rental terms, service charges, lease conditions, handover requirements, fit out periods, and commercial risks.
- Prepare site evaluation reports, location comparison studies, and investment recommendations.
- Coordinate with operations, finance, legal, projects, design, procurement, and construction teams during the full real estate cycle.
- Support the expansion roadmap by tracking available opportunities, upcoming openings, lease timelines, and project milestones.
- Manage lease renewals, expiries, rent reviews, and landlord communications for existing locations.
- Ensure all selected locations meet business, operational, legal, licensing, accessibility, and brand requirements.
- Support budgeting and financial analysis related to rent, fit out cost, expected revenue, and return on investment.
- Monitor real estate market trends, rental rates, new developments, and strategic expansion opportunities.
Requirements
- Bachelor’s degree in Business Administration, Real Estate, Finance, Engineering, Architecture, or a related field.
- Minimum 5 years of experience in real estate, leasing, property management, expansion, or site acquisition.
- Experience in F&B, retail, hospitality, restaurants, malls, or multi location businesses is strongly preferred.
- Strong knowledge of the local real estate market, commercial leasing, rental structures, and landlord negotiations.
- Proven experience in site selection, feasibility studies, lease negotiation, and location analysis.
- Strong understanding of lease terms, commercial agreements, fit out requirements, and handover processes.
- Ability to assess location potential based on visibility, accessibility, footfall, demographics, competition, and business fit.
- Strong financial awareness, including rent analysis, occupancy cost, ROI, and budget impact.
- Excellent negotiation, communication, and stakeholder management skills.
- Ability to coordinate with legal, finance, operations, design, and project teams.
- Strong reporting, documentation, and presentation skills.
- Ability to manage multiple locations, timelines, and negotiations at the same time.
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