Vice President – Real Estate Research

Job Description

JOB PURPOSE

Support role to multiple Aldar business segments and teams in analyzing market trends, competition, benchmarks, secondary sales, project business plans, sector performance, macro-economic & real estate research and producing reports.

ROLES AND RESPONSIBILITIES

•     Establish and maintain comprehensive databases comprising Aldar’s Corporate inhouse data and data obtained from third party sources covering:

•     Macroeconomic & demographic research for Abu Dhabi and potential growth markets including historic trends and projections for GDP, employment, population, FDI, income & expenditure, tourism etc.

•     Residential sales – track and analyze primary and secondary sales within Aldar’s portfolio and the wider market including sales price & incentives, sales volumes, buyer profile etc.

•     Residential / retail / office / hospitality investment property – track and analyze sector performance including rental performance, occupancy rates, operational costs & service charges, Hotel ADRs etc.

•     Support Aldar business segments in undertaking annual corporate business planning – emphasis on macro-economic & real estate cycle outlook and overall supply, demand & performance trends

•     Conduct market research, observe the investment environment and the macro-economic landscape and derive input for the 5-years business plan, for business verticals and planning processes across Aldar.

•     Develop project business plans – emphasis on macro-economic & real estate cycle outlook and overall supply, demand & performance trends.

•     Gather market intelligence on key activities and performance of local and regional competitors

QUALIFICATION AND EXPERIENCE

RELATED YEAR OF EXPERIENCE:

Min of 10+ years of experience in a research, consulting or related field

YOE IN MANAGERIAL POSITION:

Min of 4+ years’ experience in managerial position.

FIELD OF EXPERIENCE:

•     Real Estate experience in research

•     Proven track record of effectively dealing with senior management

•     Experience in leading multi-disciplinary initiatives required

•     Preferably experience with managing cash flows analysis and financial modeling

TECHNICAL AND INTERPERSONAL SKILLS

•     Strong knowledge of UAE real estate market across a range of sectors

•     Strong analytical skills in building & managing databases and analyzing trends

•     Proficient in Excel, PowerPoints and other tools

•     Ability to multi-task across a range of activities and develop strong relationships with a range of internal stakeholders

QUALIFICATION

•     Bachelor’s degree in engineering, Business, or relevant degree. Master’s degree preferred