Manager - Project Acquisition

Bayut is the number one property portal in the Kingdom, connecting millions of users across the country. We are committed to delivering the best online search experience. As part of Dubizzle Group, Bayut is alongside some of the strongest classifieds brands in the market. With a collective strength of 10 brands, we have more than 200 million monthly users trusting our dedication to providing them with the best platform for their needs.

Position: Manager Project Acquisition

As a Manager Project Acquisition, you will be responsible for identifying and securing strategic opportunities in property development. This role demands market insight, negotiation skills, and a profound understanding of the real estate landscape. Your focus will be sourcing, evaluating, and acquiring properties for sale and joint ventures aligned with our company's vision and growth objectives.

Key Responsibilities:

1. Proactively identify prospective projects to meet sales targets, perform feasibility and financial analyses, and negotiate agreement terms.
2. Oversee contract reviews with in-house counsel and manage negotiations and contract execution.
3. Identify and capitalize on new business opportunities by onboarding real estate developers for sales and joint ventures.
4. Research and recommend feasible investment opportunities by engaging with the real estate community and analyzing market data.
5. Lead the acquisitions process, conduct site visits, surveys, and market research.
6. Conduct needs assessments and design tailored solutions to meet client objectives.
7. Collaborate with internal teams for project proposals and perform preliminary market and financial analyses.
8. Meet and exceed sales targets by exploring upsell and cross-sell opportunities.
9. Develop strategies to maximize revenue from existing accounts.
10. Maintain and nurture client relationships, monitor satisfaction, and address issues proactively.
11. Act as a liaison between developers and the sales team during project execution.
12. Lead contract negotiations, ensuring mutually beneficial terms aligned with company objectives.
13. Coordinate with legal teams to draft and customize contracts.
14. Monitor client satisfaction and gather feedback to improve service delivery.

Requirements:

• Graduate in architecture, business, finance, or economics.
• 8 years of experience, including 4-5 years in Commercial Real Estate.
• Familiarity with the KSA real estate industry.
• Knowledge of portfolio management, oversight techniques, and compliance procedures.
• Strong communication and relationship management skills.
• Ability to analyze data and derive insights for decision-making.
• Excellent organizational skills and ability to handle multiple tasks.
• Proactive, strategic, innovative, and goal-oriented mindset.

Benefits:

• High-performance work environment.
• Comprehensive health insurance.
• Rewards and recognition programs.
• Learning and development opportunities.

Bayut is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.