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Real Estate Manager

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: Independent Food Company
Full Time position
Listed on 2025-12-02
Job specializations:
  • Real Estate/Property
    Property Management
  • Management
    Property Management
Salary/Wage Range or Industry Benchmark: 150000 - 200000 SAR Yearly SAR 150000.00 200000.00 YEAR
Job Description & How to Apply Below

Join to apply for the Real Estate Manager role at Independent Food Company
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Job Purpose
The Real Estate Manager is responsible for identifying, evaluating, and securing strategic locations for Independent Food Company brands, including SALT, Parker's, Somewhere, Public, and others. The role ensures all site acquisitions, lease negotiations, and property management activities align with the company's growth objectives and brand positioning across Saudi Arabia and the GCC region.

Key Responsibilities
  • Site Identification & Evaluation – Conduct thorough market research to identify prime locations that align with brand strategy and demographic profiles. Evaluate potential sites based on traffic flow, accessibility, visibility, and commercial viability. Coordinate with Operations and Brand teams to assess suitability and prepare feasibility studies, financial models, and ROI analyses.
  • Lease Negotiation & Acquisition – Lead lease negotiations with landlords, developers, and property management companies to secure favorable terms. Review and manage lease agreements with Legal and Finance. Ensure documentation complies with company standards and local regulations. Maintain accurate lease records, renewal schedules, and key dates.
  • Project Coordination & Handover – Collaborate with Projects, Design, and Procurement teams to ensure timely site handover and fit‑out readiness. Monitor project progress, resolve real‑estate issues, and ensure adherence to budget and timeline. Serve as liaison between landlords, contractors, and stakeholders during pre‑opening.
  • Portfolio Management & Expansion – Manage existing property portfolio, including renewals, rent reviews, relocations, and closures. Develop and execute expansion strategies across new cities and markets. Monitor real‑estate trends, zoning regulations, and competitor developments to identify new opportunities. Provide strategic recommendations for investment and divestment decisions.
  • Stakeholder Management – Build and maintain strong relationships with landlords, developers, brokers, and government authorities. Represent Independent Food Company in negotiations, real‑estate exhibitions, and investment forums. Partner with Finance and Operations to align property decisions with business performance and P&L objectives.
Qualifications & Experience
  • Bachelor's Degree in Real Estate, Business Administration, or related field (MBA preferred).
  • Minimum 6–8 years of experience in real estate management, ideally within hospitality, retail, or F&B sector.
  • Proven record of successful site acquisitions and commercial lease negotiations.
  • Strong financial acumen with ability to prepare feasibility studies and market analyses.
  • Excellent knowledge of real estate laws, market trends, and regulatory frameworks in Saudi Arabia.
  • Fluency in Arabic (English preferred).
Key Competencies
  • Strategic Market Insight & Commercial Awareness
  • Negotiation & Deal Structuring
  • Stakeholder Relationship Management
  • Financial Analysis & Feasibility Studies
  • Project Coordination & Multitasking
  • Attention to Detail & Deadline Management
Seniority Level

Mid‑Senior level

Employment Type

Full‑time

Job Function

Sales and Management

Industries

Food and Beverage Services

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