EngRadardirect-apply

Assistant Vice President – Asset Management (Retail)

Aldar · enterprise

A leading real estate developer in Abu Dhabi operating a loyalty programme (Darna) across its ecosystem.

Aldar is the employer — EngRadar is a job radar, not a recruiter. We track this posting from their own careers page and send you straight there; we never handle applications or CVs.

Abu Dhabi Posted 11d ago real estateproperty development
Apply directly →

JOB PURPOSE

Support the execution of retail management strategy by analyzing financials, managing P&Ls, and support asset acquisitions, disposals, and transformations. Collaborate with teams to optimize asset performance, track financial targets, and identify investment opportunities for growth.

This role is exclusive to UAE Nationals. 

 

ROLES AND RESPONSIBILITIES

Support the execution of Retail Management Strategy, prepare detailed P&L statements, and consolidate financials for review by asset managers.

Support the development pipeline by collaborating with AI-DM for timely asset delivery.
 
Conduct market studies and coordinate acquisitions, managing the integration and handover of newly acquired assets.
 
Analyze underperforming assets (IRR, ROI, ROE) to recommend disposals or transformations.
 
Monitor the P&L for assigned retail assets, ensuring financial targets are met through strategies like rent pricing and tenant mix.
 
Assist in building business cases for asset transformations and manage P&L for community malls, advising on rent rolls, pricing, and asset operations.
 
Analyze market trends and perform financial analysis on potential acquisitions, disposals, or transformations to identify growth opportunities.
 
Contribute to the company’s growth by identifying investment opportunities. Coordinate with Retail GMs to identify synergies, optimize performance, and track monthly operational and financial targets.
 
Provide insights to SVP Asset Management on cross-retail strategies, rent pricing, leasing/tenant mix, and KPIs to enhance asset performance and customer satisfaction.
 

RELATED YEARS OF EXPERIENCE

Min of 8+ years of related experience in managing retail asset properties with annual revenue in excess of AED 1Bn million

 

FIELD OF EXPERIENCE

Experience in retail management i.e., malls and community retail
 
Strong exposure to the GCC real estate market
 
Experience in Property Management and respective remedial auctions

 

TECHNICAL AND INTERPERSONAL SKILLS

Good analytical skills
 
Good conflict resolution/managements skills
 
Good communication, planning and organizing skills
 
Demonstrated skills in building and maintaining strong relationships with internal and external stakeholders
 
Excellent negotiation and persuasion skills
 
Interpersonal skills
 
Excellent relationships with major Middle East regional retailers

 

QUALIFICATION

Bachelor’s degree in engineering, business, or economics

Posted by Aldar on their own careers page — you apply directly, no recruiter in between. View original / apply →

More at Aldar