Americana Restaurants

Assistant Real Estate Manager

Riyadh, Saudi ArabiaPosted 2 days ago

Salary
AED 12k–18k a month· est.
Job type
Full time
Level
Senior
Field
Real Estate & Property
Work mode
On site

About the role

🚀 We're Hiring | Assistant Manager Real Estate - KSA At Americana Restaurants, we operate leading global brands across the Kingdom, including KFC, Hardee's, Pizza Hut, Krispy Kreme, TGI Fridays, and Peet's Coffee. We are looking for an experienced Saudi real estate professional to drive our expansion across the Kingdom. 📍 Location: Riyadh - Head Office 🏢 Department: Real Estate 👤 Reports To: Senior Manager Real Estate 💼 Employment Type: Full-time 🚗 Nature of Work: Office-based with regular site and trade zone visits across the Kingdom 📌 Site Acquisition & Pipeline • Identify, assess, and secure new sites across the Kingdom, and hand them over to the Construction team. • Build and maintain a pipeline developed well in advance of brand growth targets. • Maintain trade zone files and pipeline reports, and track new developments within each trade zone. • Prepare Investment Committee tours and approval reports for new openings. 📌 Deal Making & Negotiation • Negotiate lease terms, rent reductions, rent reviews, and lease renewals against internal budgets and market benchmarks. • Assess financial viability and planning probability, and manage the legal process through to signing. • Ensure lease registration and documentation meet Saudi requirements, including the Ejar platform. 📌 Portfolio & Cost Management • Minimise property cost inflation across the restaurant portfolio. • Monitor and challenge rent, service charges, insurance, and dilapidation claims, and instruct specialist consultants where needed. • Build a complete profile for each store: title deed, owner ID, utility accounts, and official layouts. • Deliver effective disposal of closed and surplus stores in line with market conditions. 📌 Relationships • Build and maintain relationships with significant landlords, developers, retail and hotel companies, and investment funds. • Work closely with Finance, Legal, Lease Admin, Brand leads, and Design & Construction. 🎓 Qualifications & Experience • Bachelor's degree in Business Management or a related field. • 5-8 years of post-graduate experience, preferably in multi-unit development. • Strong knowledge of Saudi property law, lease negotiation, and asset management. • Familiarity with the Ejar platform and REGA requirements is a strong advantage. • Thorough understanding of the retail or hospitality sector in the Kingdom. • Native-level Arabic for landlord negotiation, and professional English. • Valid Saudi driving licence and willingness to travel for site visits. 🇸🇦 This opportunity is open to Saudi nationals only, in line with our commitment to developing national talent and supporting Saudi Vision 2030. #Hiring #RiyadhJobs #Saudization #RealEstate #Americana #AmericanaRestaurants

Requirements

Bachelor's degree in Business Management or a related field. 5-8 years of post-graduate experience, preferably in multi-unit development. Strong knowledge of Saudi property law, lease negotiation, and asset management. Familiarity with the Ejar platform and REGA requirements is a strong advantage. Thorough understanding of the retail or hospitality sector in the Kingdom. Native-level Arabic for landlord negotiation, and professional English. Valid Saudi driving licence and willingness to travel for site visits.

Responsibilities

Site Acquisition & Pipeline: Identify, assess, and secure new sites across the Kingdom, and hand them over to the Construction team. Build and maintain a pipeline developed well in advance of brand growth targets. Maintain trade zone files and pipeline reports, and track new developments within each trade zone. Prepare Investment Committee tours and approval reports for new openings. Deal Making & Negotiation: Negotiate lease terms, rent reductions, rent reviews, and lease renewals against internal budgets and market benchmarks. Assess financial viability and planning probability, and manage the legal process through to signing. Ensure lease registration and documentation meet Saudi requirements, including the Ejar platform. Portfolio & Cost Management: Minimise property cost inflation across the restaurant portfolio. Monitor and challenge rent, service charges, insurance, and dilapidation claims, and instruct specialist consultants where needed. Build a complete profile for each store: title deed, owner ID, utility accounts, and official layouts. Deliver effective disposal of closed and surplus stores in line with market conditions. Relationships: Build and maintain relationships with significant landlords, developers, retail and hotel companies, and investment funds. Work closely with Finance, Legal, Lease Admin, Brand leads, and Design & Construction.

Skills

  • Lease negotiation
  • Property law (Saudi)
  • Asset management
  • Ejar platform
  • REGA requirements
  • Site acquisition
  • Budgeting
  • Financial viability assessment
  • Tenant/landlord relationship management
  • Contract management
  • Portfolio cost control
  • Market benchmarking
  • English proficiency
  • Arabic proficiency

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