The Role
Lead performance and value enhancement of Aldar's residential and commercial property portfolio through market research, rental pricing, CAPEX planning, asset performance monitoring, risk management, feasibility and business case development, and preparation of investment and board-level papers. Optimize returns, manage transaction documentation, and recommend repositioning or disposal strategies.
Summary Generated by Built In
JOB PURPOSE
Manage the performance of Aldar’s residential & commercial property portfolio, planning the timing of capital upgrades, with the goal of enhancing value and maximizing return of the portfolio.
ROLES AND RESPONSIBILITIES
Market Research
Conduct periodic market research on rental rates to ensure proper setting of internal rates for Aldar residential and commercial portfolio.
Analyze market conditions and forecast changes in rates and occupancy levels, in conjunction with the Director – Investment Management.
Monitoring and periodically assessing competitors' assets to forecast any potential risk on demand, rates and asset classes.
Identify and implement value-add initiatives
Recommend changes in rental rates based on market conditions.
Obtain new capabilities and equipment through CAPEX programs
Conduct development feasibility and draft of associated IC Business Case
Asset Management
Manage the portfolio of residential and commercial assets;
Review financial statements related to the asset, market and economic data to determine the economic impact and/or compliance impact for the operation of the assets.
Monitor the performance of assets to ensure delivery on financial targets.
Maximize return on assets and assets utilization.
Improve maintenance productivity and optimize space / equipment reliability as per business targets.
Achieve profitability while recognizing inefficiencies and minimize asset capital expenditures.
Provide input on asset repositioning and asset disposal, in conjunction with the Director – Investment Management.
Ensure pricing strategy and payment scheduling are suited for market prospects and cultivating for current and new client relationships
Risk Management:
Manage and assess risks associated with the operation / utilization of assets to ensure activities are in alignment with the investment management objectives.
RELATED YEARS OF EXPERIENCE
Min of 10+ years of at least 5 years of experience in real estate, property and asset management, investment banking, buy side or sell side advisory or other related field.
YOE IN MANAGERIAL POSITION
Min of 2+ years in a related managerial position
FIELD OF EXPERIENCE
Banking, real estate consultancy, management consultancy.
TECHNICAL AND INTERPERSONAL SKILLS
Outstanding analytical and quantitative skills; proficiency with standard software, including MS Office; advanced Excel skills is a must.
Proven track record in conducting valuation / financial models.
Able to analyze, evaluate and move quickly to support rapid decision making.
Ability to interpret and manage transaction documentation: NDAs, MoUs, LoI’s, and SPA’s
Ability to develop Board level papers and investment memoranda.
QUALIFICATION
Bachelor Degree in Engineering, Economics, Finance or Accounting, MBA (Finance), CFA, CA or CPA preferred.
Skills Required
- 10+ years of total work experience
- At least 5 years experience in real estate, property and asset management, investment banking, buy-side or sell-side advisory, or related field
- 2+ years in a managerial position
- Bachelor's degree in Engineering, Economics, Finance or Accounting
- MBA (Finance), CFA, CA or CPA
- Advanced Excel skills
- Proficiency with standard software including MS Office
- Proven track record in valuation and financial modeling
- Ability to interpret and manage transaction documentation (NDAs, MoUs, LoIs, SPAs)
- Ability to develop board-level papers and investment memoranda
- Experience in banking, real estate consultancy, or management consultancy
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The Company
What We Do
AlDar Properties was incorporated in 2004 by the founder, Mr. Sulaiman Al-Banai. The company is engaged in property management of multi-family residential properties & commercial properties throughout Doha, Qatar. We are focused on maintaining a large diverse portfolio of properties; furnished, semi-furnished & unfurnished. Here at AlDar Properties, we are committed in giving our valued customers the best quality at affordable prices, with no agency fee. We are simply the experts in the art of real estate with a team that is trained to understand all of your needs and provide you with clear expert advice to help you easily navigate the process and give you the best living experience
