Senior Real Estate Manager - F&B / QSR

• Lead the identification, evaluation, and acquisition of new sites across key cities and emerging trade zones within KSA.
• Conduct detailed site selection analysis, including visibility, accessibility, traffic patterns, catchment demographics, and competitive mapping.
• Perform commercial feasibility studies and financial modelling to assess projected store performance, return on investment, and payback periods.
• Undertake trade zone and market analysis to identify white spaces, consumer demand clusters, and potential cannibalization risks across existing locations.
• Build location recommendation packs and present strategic expansion proposals to senior leadership.
• Establish strong relationships with developers, landlords, mall operators, brokers, and real estate consultants across the Kingdom.
• Lead all lease negotiations, ensuring commercially competitive rental terms, fit-out periods, renewal options, exit clauses, and landlord contributions are optimized.
• Work closely with operations, finance, legal, and design teams to ensure a seamless transition from site acquisition through to store launch.

• Manage the company's existing property portfolio, ensuring operational continuity and commercial optimization.
• Oversee lease administration, including renewals, rent escalations, expiry tracking, and contractual compliance.
• Maintain strong landlord and developer relationships to support long-term partnerships and issue resolution.
• Monitor occupancy costs and identify opportunities for cost savings, renegotiations, and portfolio optimization.
• Partner with operations teams to resolve property-related issues including maintenance escalations, common area charges, and access matters.
• Support strategic decisions relating to store relocations, closures, refurbishments, and lease restructuring where required.
• Ensure all real estate activities are aligned with local regulations and internal governance processes.

• Bachelor's degree in Real Estate, Business, Property Management, or a related discipline.
• Minimum 6-10 years of relevant experience, ideally within QSR, retail, hospitality, or consumer-facing businesses.
• Demonstrated success in store expansion, site acquisition, feasibility studies, trade zone analysis, and lease negotiations.
• Deep understanding of the Saudi retail landscape, key trade areas, landlord ecosystem, and market dynamics.
• Proven ability to manage multiple projects and store openings simultaneously.
• Strong negotiation, stakeholder management, and commercial decision-making skills.
• Experience managing existing lease portfolios and landlord relationships.
• Arabic language capabilities would be considered advantageous.

• Competitive salary ranging.
• Benefits as per company policy, providing security and support for employees.
• Opportunities to work on impactful projects.
• A collaborative work environment in the business services industry.
• Potential for career growth and professional development within the organisation.

Michael Page