Retail Development Director

1 week ago


Abu Dhabi, Abu Dhabi, United Arab Emirates Michael Page International (UAE) Full time

Opportunity with major Property Developer in the UAESpecialised Development role leading Retail portfolio which reports to C levelAbout Our ClientOur Client is a major Property Developer in the UAE that has a multi-asset class portfolio consisting of residential, retail, hospitality.

Job DescriptionLead 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 trendsCollaborate with cross-functional teams to align F&B goals with overall business objectivesConduct market research to identify potential locations and target demographics for new F&B outlets within retail spacesConduct 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 stakeholdersOversee 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 standardsLead 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 valuesCollaborate with CDO, Executive leadership, Projects, and Finance team to secure project funding, negotiate contracts, and manage the business case throughout the development processOversee project development, from design and construction to pre-opening and launch, coordinating with internal and external stakeholders for execution as per approved RACI matrixCollaborate with Procurement to drive negotiations and partnerships with vendors, suppliers, and contractors to ensure high-quality ingredients, equipment, and servicesBuild and maintain relationships with key stakeholders, such as investors, partners, and local authorities, address concerns and collaborate for approvals and permits along with projects teamEnsure compliance with relevant laws, regulations, and industry standards in F&B establishments, addressing issues, if anyIdentify and mitigate potential risks including regulations, and financial risks, and implement risk management strategies to protect the companies interestsProvide leadership to develop a cohesive work team, demonstrating the companies Core Values and creating a positive and collaborative work environmentEnsure adequate project resourcing with a culture of forward planningStay 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 growthThe Successful ApplicantRequired Bachelor's degree (or equivalent) in Business, property development, Urban Planning, Real Estate, Business Management, or related fields with a preference for MastersMinimum 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 Masterplans7+ years of experience in the Middle East region, working with top UAE real estate companies would be beneficialExcellent financial acumen and understanding of real estate financial analysis, including budgeting and financial modeling and performance metricsFamiliarity with regulatory requirements and health standards in F&B operationsStrong understanding of customer preferences, and industry best practices.

What's on OfferOpportunity to work with leading developer in the UAEOpportunity to work with Highly skilled multinational workforceWe will let you know when any new
property
jobs
in abu dhabi
are available.
Sign up to receive job alertsWe will let you know when any new jobs are available. AED100,000 - AED100,000 per month (AED1,200,000 per year)
Michael Page International (UAE) Limited, Registration No. 0207 a DIFC registered company. Al Fattan Currency House Tower -1. Dubai International Financial Centre (DIFC)., Office No. 202, Dubai,#J-18808-Ljbffr

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