Job summary
Almajed 4 Oud seeks a Real Estate Department Manager in Riyadh to lead the company's property and branch operations. The role covers site selection, lease negotiations, property portfolio management, and financial feasibility to support retail expansion and optimize occupancy costs.
Key responsibilities
- Develop and execute real estate strategies aligned with retail expansion.
- Identify and assess new branch locations and conduct feasibility studies.
- Lead lease negotiations, renewals, and contract management.
- Oversee branch and property performance, occupancy, and issues.
- Prepare financial feasibility studies and monitor real estate budgets.
- Coordinate with Finance, Legal, Operations, and Expansion teams.
- Manage relationships with landlords, developers, brokers, and authorities.
- Lead and develop the real estate team; report to senior management.
Requirements
- Bachelor's degree in Real Estate, Business, Finance, Engineering or related field.
- 8–12 years' relevant real estate management experience, preferably retail.
- Proven experience managing large retail property portfolios and multiple branches.
- Experience in retail expansion, site selection, and lease negotiations.
- Knowledge of Saudi real estate and retail markets.
- Strong financial analysis, negotiation, and leadership skills.
Skills
Site selectionLease negotiationPortfolio managementFinancial analysisMarket researchBudgetingStakeholder managementTeam leadership
Source: Workable. Last checked as open: 13 Nov 2026. You apply directly with the employer.
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