Senior Manager – Development | Real Estate | Asset Development – Al Futtaim Group

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What you will do

  • Develop and implement strategic plans for real estate development projects aligned with the organization’s strategy.
  • Determine the optimum land use and define each project vision based on market research and macroeconomic analysis.
  • Prepare Development Briefs and Reports including identification of opportunities/risks; site conditions; outline project/stakeholders requirements; Financial Aspects, cost estimates and anticipated revenues; market studies; range of consultants and others to be engaged for the project; project feasibility studies and appraisals; funding options; project timeframe; proposed future actions and recommendations;
  • Prepare and obtain different documents required for the preparation and approval of Preliminary, Investment and Project Budgets by different stakeholders in compliance with AFGRE policies and procedures;
  • Establish and oversee budget of the Projects, ensure that Target KPIs (Sales Development Margin, NPV & IRR) and are maintained and lead necessary actions to mitigate any impact on project KPIs or enhance current KPI 
  • Obtain information on project costs and anticipated revenues; communicate information to different teams to prepare Feasibility Business Cases;
  • Lead the preparation for Sales and Leasing Committee meetings and advise – as a main member of the committee – on the sound pricing & sales strategies after performing necessary sales & market analysis
  • Define & identify Unique Selling Points of different real estate products and ensure these USPs are met in the design and ensure that the intended messages about CFC brand and products are effectively communicated by the marketing activities providers.
  • Monitor performance; report on development; review programs; and confirm cost and program compliance with business cases and to present designs to ensure adherence to time, cost and quality requirements;
  • Provide regular and comprehensive updates to senior leadership on project status, risks, and opportunities.

Job Details

Posted Date: 2024-05-21
Job Location: Egypt – Cairo
Company Industry: Retail & Wholesale

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