Bayt.com
https://bayt.page.link/v1TUmrkCw1dqRip19
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Job Description

What you will do

  • Develop and implement strategic plans for real estate development projects aligned with the organization's strategy.
  • Determine the optimum land use and define each project vision based on market research and macroeconomic analysis.
  • Prepare Development Briefs and Reports including identification of opportunities/risks; site conditions; outline project/stakeholders requirements; Financial Aspects, cost estimates and anticipated revenues; market studies; range of consultants and others to be engaged for the project; project feasibility studies and appraisals; funding options; project timeframe; proposed future actions and recommendations;
  • Prepare and obtain different documents required for the preparation and approval of Preliminary, Investment and Project Budgets by different stakeholders in compliance with AFGRE policies and procedures;
  • Establish and oversee budget of the Projects, ensure that Target KPIs (Sales Development Margin, NPV & IRR) and are maintained and lead necessary actions to mitigate any impact on project KPIs or enhance current KPI 
  • Obtain information on project costs and anticipated revenues; communicate information to different teams to prepare Feasibility Business Cases;
  • Lead the preparation for Sales and Leasing Committee meetings and advise - as a main member of the committee - on the sound pricing & sales strategies after performing necessary sales & market analysis
  • Define & identify Unique Selling Points of different real estate products and ensure these USPs are met in the design and ensure that the intended messages about CFC brand and products are effectively communicated by the marketing activities providers.
  • Monitor performance; report on development; review programs; and confirm cost and program compliance with business cases and to present designs to ensure adherence to time, cost and quality requirements;
  • Provide regular and comprehensive updates to senior leadership on project status, risks, and opportunities.


Skills

Required Skills to be successful


Minimum10 years of experience with at least 8+ years of experience in large-scale / complex Mixed Use real estate developments

Strong financial acumen and the ability to analyse and structure complex financial deals.

In-depth knowledge of local and regional real estate markets, regulations, and industry trends.

Exceptional communication, negotiation, and interpersonal skills.


What equips you for the role


B. Sc. in Architecture, Civil Engineering, or Construction Engineering

Job Details

Job Location
Cairo Egypt
Company Industry
Retail & Wholesale
Company Type
Employer (Private Sector)
Job Role
Management
Employment Type
Full Time Employee
Monthly Salary Range
Unspecified
Number of Vacancies
1
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Al Futtaim Group logo
Al Futtaim Group

Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates. Structured into six divisions; automotive, retail, electronics, engineering and technology, real estate, financial services and general services, Al-Futtaim operates through more than 60 companies and maintains a decentralised approach, giving individual businesses flexibility and versatility to maintain a competitive stance. Employing in excess of 20,000 people across the UAE, Bahrain, Kuwait, Qatar, Oman, Egypt, Syria, Pakistan, Singapore and Europe, this approach benefits employees, providing a clearly defined work culture where individuals are empowered with authority and responsibility for their work. The success of Al-Futtaim is attributed to proactively managing change whilst upholding the values of integrity, service and social responsibility. The majority of businesses, built on a portfolio of world leading brands, dominate their sector.

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