Senior Real Estate Manager - F&B / QSR
About This Role
- Opportunity to work with one of the leading global food & beverage companies.
- Work alongside world class global professionals.
About Our Client Our client is a globally established consumer-facing brand with a strong presence in the quick-service restaurant sector and ambitious expansion plans across the Kingdom of Saudi Arabia. As part of its continued investment in growth, the business is seeking an experienced real estate professional to support both new market expansion and strategic portfolio management.
Job Description The Real Estate Manager will be responsible for the end-to-end execution of the company's real estate and property strategy across Saudi Arabia, with a key focus on supporting store expansion plans while ensuring the efficient management of the existing portfolio.Expansion & Site Development
- Lead the identification, evaluation, and acquisition of new sites across key cities and emerging trade zones within KSA.
- Conduct detailed site selection analysis, including visibility, accessibility, traffic patterns, catchment demographics, and competitive mapping.
- Perform commercial feasibility studies and financial modelling to assess projected store performance, return on investment, and payback periods.
- Undertake trade zone and market analysis to identify white spaces, consumer demand clusters, and potential cannibalization risks across existing locations.
- Build location recommendation packs and present strategic expansion proposals to senior leadership.
- Establish strong relationships with developers, landlords, mall operators, brokers, and real estate consultants across the Kingdom.
- Lead all lease negotiations, ensuring commercially competitive rental terms, fit-out periods, renewal options, exit clauses, and landlord contributions are optimized.
- Work closely with operations, finance, legal, and design teams to ensure a seamless transition from site acquisition through to store launch.
Property & Portfolio Management
- Manage the company's existing property portfolio, ensuring operational continuity and commercial optimization.
- Oversee lease administration, including renewals, rent escalations, expiry tracking, and contractual compliance.
- Maintain strong landlord and developer relationships to support long-term partnerships and issue resolution.
- Monitor occupancy costs and identify opportunities for cost savings, renegotiations, and portfolio optimization.
- Partner with operations teams to resolve property-related issues including maintenance escalations, common area charges, and access matters.
- Support strategic decisions relating to store relocations, closures, refurbishments, and lease restructuring where required.
- Ensure all real estate activities are aligned with local regulations and internal governance processes.
The Successful Applicant The successful candidate will bring strong experience in retail or F&B real estate expansion within Saudi Arabia, combined with a solid understanding of property portfolio management.
Key requirements include:
- Bachelor's degree in Real Estate, Business, Property Management, or a related discipline.
- Minimum 6-10 years of relevant experience, ideally within QSR, retail, hospitality, or consumer-facing businesses.
- Demonstrated success in store expansion, site acquisition, feasibility studies, trade zone analysis, and lease negotiations.
- Deep understanding of the Saudi retail landscape, key trade areas, landlord ecosystem, and market dynamics.
- Proven ability to manage multiple projects and store openings simultaneously.
- Strong negotiation, stakeholder management, and commercial decision-making skills.
- Experience managing existing lease portfolios and landlord relationships.
- Arabic language capabilities would be considered advantageous.
What's On Offer
- Competitive salary ranging.
- Benefits as per company policy, providing security and support for employees.
- Opportunities to work on impactful projects.
- A collaborative work environment in the business services industry.
- Potential for career growth and professional development within the organisation.
If you are a skilled real estate professional with a proven track record, we encourage you to apply for this exciting role in the KSA.
Contact: Joel Thomas Quote job ref: JN-022026-6942831
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