Senior Vice President – Development – Aldar – Abu Dhabi

Description


ROLES

  • Perform company development activities for land, residential retail and mixed-make use of assets
  • Identify brand-new own developments opportunities
  • Suggest developments portfolio strategy (which includes sub-segment mix)
  • Help in sourcing fresh investment with 3rd parties (electronic.g. JVs, project finance, etc..)
  • Help in sourcing developments pre-selling/pre-leasing guarantee from end-users.
  • Develop and prioritize pipeline of possible brand-new developments on land bank.
  • Identify long-list of potential possibilities.
  • Develop framework for preliminary prioritization / screening.
  • Develop feasibility research for residential, retail and mixed-use possessions and look for approval from series manager
  • Perform project costing in coordination with Project Administration.
  • Develop financial design in collaboration with Partnerships & Investment along with other relevant functions
  • Manage development appraisal to make sure accuracy and identify elements impacting the development efficiency at the initial opportunity.
  • Manage developments from inception to completion relative to the Investment Control Procedure to make sure timely delivery within set up parameters.
  • Create recommendation to the Director on optimum and balanced answers to problems arising through the development process
  • Support in choosing style manage and brief input and performance from Task Management.
  • Critique, evaluate and challenge the look proposals introduced by consultants and suggestions by internal assets to make sure that key development requirements are achieved.
  • Develop and manage the Procurement and Phasing strategy inside collaboration with Project Administration.
  • Support in choosing detailed project costs predicated on Project and Procurement Administration input
  • Support in the choice, negotiation, appointment of consultants, support and contractors providers predicated on Procurement’s recommendation
  • Support in choosing project plan, anticipate and resolve achievable roadblocks to completion of design to ensure on-time task delivery
  • Address crucial procurement contract variations due to differences in project style raising major problems to the collection manager
  • Make and manage the development’s Risk Register
  • Perform continuous tabs on project and style deliverables, risk and program register.
  • Provide constant improvement updates and monthly composed reports on construction improvement.
  • Identify major problems or conflicts and recommend suitable solutions
  • Monitor advancement budgets against projected and real costs and recommend suitable options on deviations
  • Help in the negotiation of the Heads of Terms for asset buy and lease agreements with all third party entities in collaboration with internal leasing and legal departments.
  • Help in collaboration with internal product sales, leasing and legal departments in the creation of the Heads of Terms for product sales agreements and retail leases.
  • Support in choosing refined commercial strategy predicated on recommendation from Commercial (electronic.g. ERV, retail mix, phasing, marketplace timing, etc…)
  • Support in choosing online marketing strategy (e.g. advertising calendar, branding, etc…)
  • Support in choosing Asset, FM and pm strategy, make sure proper coordination and handover with PM and FM entities and Asset Manager.
Qualifications


YoE

/ QUALIFICATIONS / SKILLS

RELATED Yrs OF EXPERIENCE

12 + minimum yrs of development management knowledge in managing the growth of large retail property property of over AED 500 million in value

YOE IN MANAGERIAL Place

Min of: N/A

Industry OF EXPERIENCE

Real estate

TECHNICAL AND INTERPERSONAL Abilities

  • Strong knowledge of valuation, appraisals and financial modeling of business and residential development.
  • Strong information and contact with the GCC market with large expert developers with annual income of at the very least AED 2 billion.
  • Strong knowledge of architectural construction and style.
  • Solid knowledge of contract procurement policies and processes obtained in the Procurement functionality of a genuine estate developer in the GCC real estate business

QUALIFICATION

Bachelor diploma in property, land economics, home valuation, architecture or engineering

Primary Place
: AE-AZ-Abu Dhabi

Job
: Development Management

Organization
: Development-3

Employee Position
: Direct Hire

Work Type
: Standard

Work Posting
: Apr 21, 2022, 1:46:55 AM

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