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Retail Development Director

Michael Page
Abu Dhabi, United Arab Emirates
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Retail Development Director

Abu Dhabi, United Arab EmiratesPosted 19 days ago
1 open position
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Job Details

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Job Description



This role will work closely with the Chief Development Officer and internal and external stakeholders in providing strategic leadership for market analysis and financial feasibility across multiple F&B assets within Retail spaces, from inception to completion, thereby delivering the companies vision. This role will include strategic planning, financial analysis, project management and transactions of a retail F&B portfolio.



Client Details

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

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 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 growth


Profile
Required 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 mo

Job Requirements

Skills Development Director , Head of Development, Senior Development Manager

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