JOB DETAILS
HEAD OF REAL ESTATE DEVELOPMENT
Location   United Arab Emirates
Salary   
Sector   Real Estate
Job Type   Full Time
Date   31/10/2015
Job Ref No   3468

Company Profile

 

Our client is a large investment investment firm based in the UAE with an investment portfolio in excess of several billion dirhams with substantial investments deployed in real estate, capital markets in the west and private equity. 

Job Description

  • Setting the company’s overall vision and strategy for operation and growth along with the CEO.
  • Ownership of the Profit and Loss of all the developments.
  • Fully responsibility for the development process to deliver the projects as per the established Vision. This includes Financials, Project Management, Marketing, Leasing, Development/Design Vision, Hospitality, Retail, Cultural, Entertainment, Legal and customer satisfaction.
  • Managing the detailed financial feasibility and cash flow models of the projects. The models include revenues, costs, IRR, NPV as well as funding strategies, asset management strategies, rollout programs, and occupancy levels.
  • Preparation of Business plans and associated documents to obtain Board/Corporate Office approvals.
  • Leading the project Teams on all aspects of the developments and decision-making on all top managerial and technical aspects of the development.
  • Manage Developments costs, time & quality on a continuous basis.
  • Identify property opportunities & assess development potentials.
  • Define MBO’s and KPIs for all functions and departments and monitor their performance accordingly.
  • Negotiate and finalize consultants, contractors and operators contracts.