Real Estate Manager

Roles and responsibilities

• Responsible for the growth and development of the operational network through the sourcing of new properties throughout AMET.
• Management of negotiations with landlords, agents and lawyers.
• In-depth knowledge of planning law, development projects and site assembly.
• Reports and delivers results to the senior leadership team.
• Responsible for implementation of a full due diligence process.
• Regional role with a focus on Egypt
  

Basic Qualifications

• Experience with progressive responsibility in the real estate or related field.
• Bachelor's Degree
• Experience in large scale project driven workloads with experience of reporting to multiple internal and external stake holders.
• Excellent verbal and written, Arabic and English, communication skills.
• Market experience within Middle East and Africa
  

Preferred Qualifications

• MBA from reputable University
• Member of Royal Institution of Chartered Surveyors (MRICS)
• Demonstrable problem-solving, mathematic and analytical skills using data to drive decisions in a business environment
• Ability to drive successful partnerships with cross-functional leadership to execute strategic initiatives and develop strategic roadmaps.
• Demonstrated strong leadership skills when confronted with difficult situations exhibiting ability to keep the team focused and motivated.
• Demonstrated ability to work in a fast-paced, deadline-oriented work environment.
• Strong negotiation skills.
• Experience of dealing with Real Estate in Egypt

• Property Acquisition and Disposition:

  • Identify and evaluate potential properties for acquisition or sale, conducting market research and due diligence to assess their suitability.
  • Negotiate purchase or sale terms, manage the buying/selling process, and ensure all paperwork is in order.

• Leasing and Tenant Relations:

  • Oversee leasing activities, including attracting new tenants, negotiating lease terms, and ensuring occupancy rates are optimized.
  • Maintain positive relationships with tenants, address concerns, and ensure that leases are renewed on favorable terms.
  • Enforce lease agreements, handle tenant disputes, and ensure tenants comply with rules and regulations.

• Property Maintenance and Operations:

  • Oversee property maintenance activities, ensuring that buildings are well-kept, secure, and compliant with safety standards.
  • Manage vendors, contractors, and service providers for repairs, cleaning, and routine maintenance.
  • Coordinate building inspections and ensure that all required repairs and maintenance work is completed in a timely manner.

• Financial Management:

  • Create and manage property budgets, track operating expenses, and optimize profitability.
  • Monitor and report on cash flow, rent collection, and property performance.
  • Ensure that rent and other payments are collected in a timely manner, and address any payment issues or delinquencies.

• Contract Management:

  • Draft, review, and negotiate contracts related to property leases, sales, service agreements, and maintenance.
  • Ensure compliance with all terms of contracts and resolve any issues related to contractual obligations.

• Risk Management:

  • Ensure that properties are insured and comply with health, safety, and environmental regulations.
  • Identify potential risks to the business, such as market downturns, property damage, or tenant-related issues, and develop strategies to mitigate those risks.

Desired candidate profile

1. Real Estate Market Knowledge

• In-depth understanding of real estate markets, trends, pricing, and the local or regional property landscape.
• Ability to analyze market data to identify investment opportunities and assess property values.

2. Property Management

• Proficient in overseeing day-to-day operations of real estate properties, ensuring they are well-maintained, safe, and compliant with regulations.
• Experience in managing property maintenance, tenant relations, and resolving issues related to property upkeep.

3. Financial Acumen

• Strong understanding of real estate finance, including property valuations, lease agreements, cost analysis, and investment return calculations (e.g., cap rates, ROI).
• Ability to create and manage budgets, forecast income and expenses, and analyze financial performance.
• Expertise in evaluating property profitability and assessing investment risks.

4. Negotiation Skills

• Strong negotiation skills for securing favorable lease terms, purchase agreements, and sale contracts.
• Experience in negotiating with tenants, contractors, brokers, and legal teams to ensure favorable agreements for the organization.

5. Legal and Regulatory Knowledge

• Knowledge of real estate laws, zoning regulations, contracts, tenant rights, and environmental compliance.
• Ability to ensure that all leases, contracts, and transactions adhere to local, state, and federal laws.

6. Project Management

• Skilled in managing real estate development projects, including renovations, property improvements, and new construction.
• Ability to oversee timelines, budgets, and contractors, ensuring that projects are completed on time and within budget.

7. Marketing and Leasing Expertise

• Knowledge of marketing strategies for leasing and selling properties, including digital marketing, networking, and relationship building.
• Ability to create marketing materials, show properties to potential tenants or buyers, and manage lease negotiations.