Business Development Manager

Description:

Position Overview: We are seeking an experienced and highly motivated Business Development Manager with a strong background in sourcing retail properties for rental or purchase. The ideal candidate will have extensive experience negotiating rental, lease, and purchase agreements and a thorough understanding of the retail market in Saudi Arabia. This role will be pivotal in advising management on strategic locations based on footfall, competition, and market trends, and will serve as the primary point of contact with mall management and property owners for all property-related queries.

Key Responsibilities:

Property Sourcing and Acquisition:

• Identify and source retail properties suitable for rental, lease, or purchase.
• Conduct thorough market research to find properties that offer the best value and potential for profitability.
• Analyse footfall data to recommend prime locations for new retail outlets.

Negotiations and Agreements:

• Lead negotiations for rental, lease, and purchase agreements with property owners and mall management.
• Ensure favorable terms and conditions that align with the company's financial and strategic objectives.
• Draft, review, and finalize property agreements to secure the best possible terms.

Market Analysis and Strategic Planning:

• Conduct comprehensive market analysis to understand competition within the retail industry.
• Advise management on competitive locations and strategic positioning of retail outlets.
• Provide insights and recommendations on emerging market trends and opportunities.

Relationship Management:

• Serve as the main point of contact for all property-related queries with mall management and property owners.
• Build and maintain strong relationships with key stakeholders in the retail property market.
• Address and resolve any issues related to property negotiations and management.

Business Development:

• Develop and implement business development strategies to expand the company's retail presence in malls, airports, and stand-alone stores.
• Identify opportunities for setting up new retail outlets that will enhance profitability and productivity.
• Collaborate with cross-functional teams to ensure successful store openings and operations.