Retail Development Director

Full time at Michael Page International (UAE) in UAE

Posted on January 2, 2025

Job details

Opportunity with major Property Developer in the UAE
Specialised Development role leading Retail portfolio which reports to C level

About Our Client

Our Client is a major Property Developer in the UAE that has a multi-asset class portfolio consisting of residential, retail, hospitality.

Job Description

Lead and direct the team to ensure all aspects of retail F&B projects meet our clients Strategic and Commercial growth plans. The selected individual is expected to:

Develop and implement comprehensive strategies for the expansion and improvement of F&B offerings in retail locations, aligning with companies goals and market trends
Collaborate with cross-functional teams to align F&B goals with overall business objectives
Conduct market research to identify potential locations and target demographics for new F&B outlets within retail spaces
Conduct thorough feasibility studies for potential F&B projects, assessing market demand, competition, financial viability, and return on investment (ROI) and present findings and recommendations to stakeholders
Oversee retail F&B projects, including development brief, design monitoring in line with development brief, feasibility and financial returns, marketing, and transactions, ensuring timely completion, within budget, and meeting quality standards
Lead the conceptualization phase of new F&B projects, collaborating with architects, designers, and other consultants to develop innovative and marketable concepts that align with companies brand and values
Collaborate with CDO, Executive leadership, Projects, and Finance team to secure project funding, negotiate contracts, and manage the business case throughout the development process
Oversee project development, from design and construction to pre-opening and launch, coordinating with internal and external stakeholders for execution as per approved RACI matrix
Collaborate with Procurement to drive negotiations and partnerships with vendors, suppliers, and contractors to ensure high-quality ingredients, equipment, and services
Build and maintain relationships with key stakeholders, such as investors, partners, and local authorities, address concerns and collaborate for approvals and permits along with projects team
Ensure compliance with relevant laws, regulations, and industry standards in F&B establishments, addressing issues, if any
Identify and mitigate potential risks including regulations, and financial risks, and implement risk management strategies to protect the companies interests
Provide leadership to develop a cohesive work team, demonstrating the companies Core Values and creating a positive and collaborative work environment
Ensure adequate project resourcing with a culture of forward planning
Stay abreast with industry trends, demographic shifts, and competitor activities, to leverage new market opportunities, benchmark against competitors, and make recommendations for market expansion and sustainable growth

The Successful Applicant

Required Bachelor's degree (or equivalent) in Business, property development, Urban Planning, Real Estate, Business Management, or related fields with a preference for Masters
Minimum 15 years of experience in F&B management within a retail environment, including project management in establishment of standalone large retail and F&B spaces or as part of larger mixed-use Masterplans
7+ years of experience in the Middle East region, working with top UAE real estate companies would be beneficial
Excellent financial acumen and understanding of real estate financial analysis, including budgeting and financial modeling and performance metrics
Familiarity with regulatory requirements and health standards in F&B operations
Strong understanding of customer preferences, and industry best practices.

What's on Offer

Opportunity to work with leading developer in the UAE
Opportunity to work with Highly skilled multinational workforce

AED100,000 - AED100,000 per month (AED1,200,000 per year)#J-18808-Ljbffr

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Retail Development Director

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Hiring company

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Home UAE Retail Development Director

Retail Development Director

Job details

About Our Client

Job Description

The Successful Applicant

What's on Offer

Apply safely

Hiring company

Michael Page International (UAE)

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