Vice President - Real Estate Research
Abu Dhabi
Aldar Corporate – Research /
Experienced hires /
On-site
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