Qiddiya Investment Company

Director - Development (SPA4 -COBU-50013077)

Riyadh, Saudi ArabiaPosted 2 months ago

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Salary
AED 59k–88k a month· est.
Job type
Full time
Level
Lead
Field
Real Estate & Property
Work mode
On site

About the role

This role is responsible for leading the planning, development, and delivery of Qiddiya's commercial office assets, ensuring projects are commercially viable, market-responsive, and aligned with business objectives. The position oversees all stages of development, from concept and business planning through design, delivery, leasing coordination, and operational readiness, while working closely with internal and external stakeholders to maximize asset value and project success. Key Responsibilities - Lead the development and execution of commercial office projects from concept through handover and operational readiness. - Define development strategies, business plans, and asset positioning aligned with market demand and business objectives. - Prepare and present business cases, feasibility studies, investment recommendations, and management presentations. - Oversee project financial performance, including budgets, development costs, revenue assumptions, and commercial viability. - Direct project planning, development phasing, and delivery strategies to optimize value creation and risk management. - Collaborate with Design, Delivery, Leasing, Operations, Finance, and other business functions to achieve project objectives. - Lead the definition of office products, tenant mix strategies, customer value propositions, and occupier requirements. - Identify and evaluate market opportunities, trends, risks, and demand drivers to inform development decisions. - Manage external consultants, advisors, and development partners to ensure alignment with project goals and quality standards. - Support leasing and commercial discussions with prospective tenants, anchor occupiers, and strategic partners. - Monitor project progress, key milestones, development risks, and mitigation plans throughout the project lifecycle. - Build and maintain strong relationships with internal stakeholders, government entities, investors, and external partners. - Ensure developments are delivered in accordance with approved business objectives, quality standards, timelines, and budget requirements. Requirements - Bachelor's degree in Real Estate, Architecture, Engineering, Urban Planning, Construction Management, Business, or a related field. - Master's degree (MBA, Real Estate, Development, or related discipline) preferred. - 10-12 years of experience in real estate development, with significant exposure to commercial office, mixed-use, or large-scale urban developments. - Proven experience leading projects through the full development lifecycle, from feasibility and business planning through design, delivery, leasing support, and handover. - Strong understanding of commercial office market dynamics, occupier requirements, leasing strategies, and tenant positioning. - Demonstrated experience in preparing and presenting business cases, development strategies, feasibility studies, and investment recommendations

Requirements

Bachelor's degree in Engineering or a related field (Master's degree preferred). Minimum of 10-12 years of experience in management consulting, real estate strategy, development, or a related field. Strong understanding of real estate markets, occupier requirements, and development economics. Experience in market analysis, business planning, and strategic recommendations. Strong analytical, communication, and stakeholder management skills.

Responsibilities

  • - Develop office portfolio, asset, and product strategies aligned with market demand and business objectives.
  • - Prepare business cases, strategic recommendations, and management presentations.
  • - Conduct market research, benchmarking, and occupier analysis to inform development decisions.
  • - Assess office market risks and opportunities and recommend mitigation strategies.
  • - Define office products, tenant positioning, and customer value propositions.
  • - Support the identification of anchor occupiers, strategic partners, and key demand drivers.
  • - Work with Development, Design, Delivery, Leasing, and Operations teams to optimise project outcomes.
  • - Develop recommendations on project phasing, prioritisation, and investment decisions.
  • - Manage external consultants and advisory workstreams.
  • - Support engagement with key stakeholders both internally and externally.

Skills

  • Real Estate Development
  • Market Analysis
  • Feasibility Studies
  • Business Case Development
  • Leasing Strategy
  • Project Lifecycle Management
  • Asset Positioning
  • Tenant Positioning
  • Stakeholder Management
  • Development Planning
  • Financial Oversight
  • Strategic Recommendations
  • Urban Development
  • Office Market Dynamics
  • External Stakeholder Coordination

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