Senior Vice President – Development – Aldar – Abu Dhabi

Explanation

ROLES AND RESPONSIBILITIES

• Perform business development routines for property, residential retail and mixed-make use of assets

• Identify new very own developments possibilities

• Recommend developments portfolio technique (including sub-segment mix)

• Support in sourcing brand-new investment with 3rd parties (electronic.g. JVs, project financing, etc..)

• Help in sourcing developments pre-selling/pre-leasing guarantee from end-customers.

• Develop and prioritize pipeline of possible new developments on property bank.

• Identify long-list of possible opportunities.

• Develop framework for preliminary prioritization / screening.

• Develop feasibility studies for residential, retail and mixed-use possessions and seek acceptance from series manager

• Perform project costing in coordination with Project Administration.

• Develop financial design in collaboration with Partnerships & Investment along with other relevant features

• Manage growth appraisal to make sure accuracy and identify elements impacting the development functionality at the earliest possibility.

• Manage developments from inception to completion relative to the Investment Control Procedure to ensure timely shipping within set up parameters.

• Create recommendation to the Director on optimal and well balanced answers to problems arising through the development procedure

• Support in choosing design manage and short input and overall performance from Project Management.

• Critique, analyze and problem the look proposals presented by experts and suggestions by internal assets to make sure that key development requirements are achieved.

• Develop and manage the Procurement and Phasing technique in collaboration with Task Management.

• Support in choosing detailed project costs predicated on Project and Procurement Administration input

• Support in the choice, negotiation, appointment of experts, service and contractors companies predicated on Procurement’s recommendation

• Support in choosing project plan, anticipate and resolve achievable roadblocks to completion of design to make sure on-time project shipping

• 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 progress improvements and monthly written reviews 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 lawful departments.

• Help in collaboration with internal product sales, leasing and lawful departments in the creation of the Heads of Terms for product sales contracts 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 / Abilities

RELATED Yrs OF EXPERIENCE

12 + minimum amount years of development administration 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

Property

TECHNICAL AND INTERPERSONAL Abilities

• Strong knowledge of valuation, appraisals and financial modeling of business and residential development.

• Strong knowledge 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