At a Glance
- Tasks: Lead real estate strategies for restaurant expansion across MENA, driving site acquisitions and negotiations.
- Company: Dynamic F&B company with a strong presence in the MENA region.
- Benefits: Relocation to UAE, competitive salary, and opportunities for professional growth.
- Other info: Join a collaborative team focused on growth and success in a fast-paced environment.
- Why this job: Shape the future of dining by leading innovative real estate projects in a vibrant market.
- Qualifications: 15+ years in real estate, preferably in F&B, with strong leadership and negotiation skills.
The predicted salary is between 120000 - 150000 £ per year.
This is a full-time onsite role based in the UAE and requires relocation to the UAE.
Role Overview
Set the Real Estate strategies to ensure the various brands achieve their expansion program in conjunction with the brand teams. Facilitating site acquisitions and leasing to assist growth of brands. Negotiates and achieves development agreements with the franchisors in line with the company’s growth plans.
Scope: Restaurants Portfolio across the 12 countries where we operate.
Key Responsibilities:
- Defines the Real Estate strategy aligned to business strategy and objectives across the organization.
- Collaborates with key stakeholders in achievement of new stores opening targets.
- Sets Real Estate budgets and maintains targets set for NSO/ Op Ex and Cap Ex.
- Defines KPIs for Real Estate function.
- Leads, facilitates, communicates, and monitors the implementation of various Real Estate activities and projects.
- Approves and directs the strategic and tactical goals, policies, procedures, and SLAs for the Real Estate function.
- Manages and coordinates the NSO / Closure approval process.
- Creates individual Site and Closure Approval Packages.
- Coordinates the information required for the creation of individual Site & Closure feasibility studies.
- Oversees the approval process for NSOs / Closures (Brand – IC – Corp).
- Effectively communicates status to all parties as required.
- Manages the communication program with franchisors for NSO, Closures.
- Creates & maintains forecasts and tracking for NSO, Closures.
- Develops & maintains tracking & reporting tools to assess performance against budget for NSO, Closure, Rent.
- Monitors actuals / forecasts against DAs including assessment against brand specific incentives to maximise savings for the company.
- Creates & maintains performance tracking tools to assess NSO performance against KPIs (Sales Hit Rate, EBITDA Hit Rate, IRR%).
- Lead coordinator for all brand related elements of the Real Estate Budgets including NSO, Closures, Rent, Capex, Closure Timings, etc.
- Ensures SLAs are defined, reported, and monitored for all major Real Estate services.
- Responsible for ongoing estate management, and rental reduction negotiations.
- Reviews and approves succession planning for Real Estate key positions to comply with succession planning process.
- Accountable for ensuring the first and second line of successors are prepared for identified critical and key roles/positions to ensure timely readiness of employees to assume those roles.
- Translates and cascades our purpose, vision, and strategy execution to the team to instill ownership mindset and motivation to act.
- Ensures company expectations regarding tools, resources, systems are rightfully communicated, cascaded for the buy-in and adhered to by the team.
- Role models compliance with Company processes, internal policies, code of conduct and core value behaviours.
- Accountable for team performance – coaches, mentors the team for KPI’s realization in line with Company culture.
- Follows and coaches the team to live by the company people practices (throughout the company people cycle, starting with hiring, onboarding through training, development and when necessary, exit); Coaches the team for personal development, has identified successor/s and is a mentor for cross functional teams to support company growth.
- Plans, monitors and adheres best allocation of resources within the budget allocation in line with Annual Operating Plan guidelines. Coaches the team to adhere to the above.
Education & Experience:
- Bachelor’s degree in Business Administration, Finance, Engineering, or a related field.
- Master’s degree or MBA is preferred.
- Minimum 15 years of progressive experience in real estate, with a strong focus on tenant side roles within the F&B sector.
- Proven track record of leading real estate strategy, site acquisition, and portfolio expansion for multi-unit, high growth environments.
- Demonstrated experience leading multi-market teams across regions, with the ability to operate across diverse regulatory and commercial environments. Experience in MENA or GCC markets is a plus.
- Mandatory experience within the F&B sector, with a strong understanding of restaurant formats, site selection criteria, and commercial viability drivers.
- Deep understanding of the restaurant business, including market trends, customer behaviour, location strategy, and evolving retail and dining dynamics.
Skills:
- Strong leadership, coaching and mentoring skills.
- Highly developed negotiation, consensus building and communication skills.
- Strong strategic and business acumen.
- Ability to analyze problems and strategize for better solutions.
Senior Director Real Estate - MENA - F&B(Relocation to the UAE) in London employer: Americana Restaurants
Contact Detail:
Americana Restaurants Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Director Real Estate - MENA - F&B(Relocation to the UAE) in London
✨Tip Number 1
Network like a pro! Reach out to industry contacts and attend relevant events in the UAE. Building relationships can open doors that job applications alone can't.
✨Tip Number 2
Prepare for interviews by researching the company and its competitors. Understand their real estate strategies and be ready to discuss how your experience aligns with their goals.
✨Tip Number 3
Showcase your leadership skills during interviews. Share examples of how you've successfully led teams and projects in the F&B sector, especially in multi-market environments.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed and you’re considered for the role directly.
We think you need these skills to ace Senior Director Real Estate - MENA - F&B(Relocation to the UAE) in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Director Real Estate role. Highlight your experience in real estate strategy and site acquisition, especially within the F&B sector. We want to see how your background aligns with our goals!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your achievements in leading real estate strategies and managing teams across diverse markets.
Showcase Your Leadership Skills: We’re looking for someone who can lead and mentor a team effectively. In your application, make sure to highlight your leadership experiences and how you've successfully coached others to achieve their KPIs.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Americana Restaurants
✨Know Your Real Estate Strategy
Before the interview, brush up on your understanding of real estate strategies, especially in the F&B sector. Be ready to discuss how you would align these strategies with business objectives and share examples from your past experiences.
✨Showcase Your Leadership Skills
Prepare to highlight your leadership experience, particularly in managing multi-market teams. Think of specific instances where you successfully coached or mentored team members, and be ready to discuss how you foster collaboration among stakeholders.
✨Master the Art of Negotiation
Since negotiation is key in this role, come prepared with examples of successful negotiations you've led. Discuss your approach to achieving development agreements and how you handle challenges during the negotiation process.
✨Understand the MENA Market
Familiarise yourself with the MENA and GCC markets, focusing on trends and customer behaviour in the F&B sector. Be ready to discuss how these insights can inform site selection and expansion strategies for the brands you'll be working with.