ALDAR

Vice President – Asset Management (Commercial)

ALDAR  •  Abu Dhabi, AE (Onsite)  •  2 hours ago
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Job Description

JOB PURPOSE

Lead the strategic management of Aldar's assigned commercial assets to maximize portfolio value, optimize financial performance, and enhance customer experience. Drive asset performance through leasing strategy, capital investment, service provider governance, sustainability initiatives, and cross-functional collaboration while supporting Aldar's long-term investment objectives.

The role is for a UAE National

ROLES AND RESPONSIBILITIES

1. Strategic Asset & Portfolio Management
  • Develop and implement asset strategies to maximize long-term value and portfolio performance.
  • Drive portfolio optimization through asset repositioning, enhancement, and capital recycling initiatives.
  • Monitor market trends and asset performance to support strategic decision-making.

2. Financial Performance & Capital Management

  • Manage portfolio financial performance, including NOI, occupancy, yield, valuation, and total return.
  • Identify value creation opportunities and oversee annual business planning, budgeting, and financial reporting.
  • Support investment decisions through financial analysis and performance insights.

3. Leasing, Commercialisation & Tenant Experience

  • Lead leasing strategies to maximize occupancy, rental growth, and tenant retention.
  • Identify commercialisation opportunities and oversee tenant engagement initiatives to improve customer satisfaction and NPS.
  • Review key leasing transactions and ensure alignment with portfolio objectives.

4. Asset Enhancement & Development Coordination

  • Lead asset enhancement programmes and CAPEX initiatives to improve asset performance and customer experience.
  • Coordinate with Development, Legal, Finance, and Operations to ensure successful project delivery and asset handover.
  • Monitor post-completion performance against approved business cases.

5. Service Provider Governance

  • Oversee the performance of Property and Facilities Management service providers through agreed SLAs, KPIs, and governance frameworks.
  • Drive continuous improvement, operational excellence, and cost optimization across the portfolio.

6. Stakeholder & Portfolio Collaboration

  • Partner with internal business units, including Development, Finance, Legal, Retail, Hospitality, and Education, to deliver integrated portfolio initiatives.
  • Build and maintain effective relationships with tenants, brokers, consultants, contractors, and external stakeholders.

RELATED YEARS OF EXPERIENCE

Min of 10+ years of at least 5 years of experience in real estate, property and asset management, investment banking, buy side or sell side advisory or other related field.

YOE IN MANAGERIAL POSITION

Min of 2+ years in a related managerial position

FIELD OF EXPERIENCE

Banking, real estate consultancy, management consultancy.

TECHNICAL AND INTERPERSONAL SKILLS

Outstanding analytical and quantitative skills; proficiency with standard software, including MS Office; advanced Excel skills is a must.
Proven track record in conducting valuation / financial models.
Able to analyze, evaluate and move quickly to support rapid decision making.
Ability to interpret and manage transaction documentation: NDAs, MoUs, LoI’s, and SPA’s
Ability to develop Board level papers and investment memoranda.

QUALIFICATION

Bachelor Degree in Engineering, Economics, Finance or Accounting, MBA (Finance), CFA, CA or CPA preferred.

ALDAR

About ALDAR

كان الهدف من تأسيسنا هو إنشاء مشاريع عقارية ذات مستوى عالمي لمدينة أبوظبي، مع توفير محفظة استثمارية مستقرة ومربحة لجميع المستثمرين لدينا

نحن ملتزمون بتحقيق معايير جديدة للابتكار والتميز والقيمة في التصميم المدني والتنمية المستدامة. أولويتنا هي الفائدة الفورية والمستقبلية لأبو ظبي والمقيمين فيها

قمنا بتطوير مشاريع مميزة ومبتكرة كالمبنى HQ للدار المعروف عالميا والواقع في شاطئ الراحة، وأبراج البوابة في شمس أبو ظبي على جزيرة الريم، بالإضافة إلى حلبة الفورمولا 1 في جزيرة ياس

وراء نجاحنا أكثر من 500 موظف متعددي التخصصات مهمتهم تقديم الخبرة والمعرفة من جميع أنحاء العالم

We were established to create world-class real estate developments for the nation of Abu Dhabi, whilst providing a stable and profitable investment portfolio for all our investors.

We are dedicated to achieving new standards of innovation, excellence and value in urban design and sustainable development. Our priority is the immediate and future benefit of Abu Dhabi and its residents.

We developed exciting and innovative project from residential to retail, hospitality and commercial, such as the internationally recognized HQ building situated in the Al Raha Beach development, the Gate Towers in Shams Abu Dhabi on Al Reem Island, in addition to Yas Island’s F1 circuit.

Behind our success there are over 500 multi-disciplinary staff providing expertise and knowledge from around the globe.

Industry
Real Estate & Property
Company Size
5,001-10,000 employees
Headquarters
Abu Dhabi, AE
Year Founded
Unknown
Website
aldar.com
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