Vice President – Asset Management (Industrial & Logistics)

JOB PURPOSE
Lead role in owning the strategy and managing the performance of Aldar’s Industrial & Logistics (“I&L”) real estate portfolio across the GCC region, by driving I&L strategy and execution planning, strategic asset planning, feasibility studies, and IC / MC materials, alongside asset-level business plans, budgets and post-transaction partnership management. The role works closely with the Investments team, contributing asset management insight to new opportunities.
 
The role is for a UAE National
 
ROLES AND RESPONSIBILITIES
I&L Strategy & Execution Planning
Own the I&L strategy and translate it into execution plans, portfolio business plans and KPIs
 
Develop strategy documents and present to senior stakeholders, tracking delivery against plan
 
Develop portfolio plans based on market position, competitor landscape and available capital
 
Strategic Asset Planning & Value Enhancement
Drive strategic asset plans, including hold / sell analysis, capex planning and repositioning
 
Develop and execute asset enhancement plans, and manage value-add and transformation projects
 
Support execution of asset-level transactions (disposals, refinancings) with AI Finance and Group Legal
 
Feasibility Studies & Business Cases
Own and execute feasibility studies for developments, expansions, repositioning and capex initiatives
 
Develop robust financial models, run sensitivity analyses, and evaluate returns
 
Investment Committee (IC) / Management Committee (MC) Presentations
Prepare and own IC / MC decks, board presentations and memos across the I&L portfolio
 
Present business cases, risks and projected returns to senior leadership and secure approvals
 
Asset Performance, Budgets & Reporting
Monitor and enhance asset performance (occupancy, NOI, yields, WALT) against approved business plans
 
Build asset-level budgets, business plans, forecasts and reports, working with AI Finance
 
Lead valuation processes, and track capital expenditure and funding requirements across the portfolio
 
JV & Partnership Management
Manage partnerships post-transaction, including partner reporting, JV board materials and follow-ups
 
Coordinate with JV partners on capital calls, drawdowns, and financial obligations
 
Leasing & Operations Oversight
 
Oversee leasing strategy and performance delivered by the Leasing team, including major renewals
 
Oversee property management performance, ESG initiatives and compliance at asset level
 
Investments Support
 
Provide asset management input to the Investments team on new opportunities and due diligence
 
Contribute to the review of adjacent I&L sub-asset classes (e.g., data centers, self storage)
 
 
RELATED YEARS OF EXPERIENCE
Min of 10+ years of regional experience in real estate asset management, investments, private equity, or strategy consulting, with a focus on logistics, industrial, or infrastructure sectors
 
YOE IN MANAGERIAL POSITION
Min of 2+ years managerial experience in an asset management or investment management position (investor and / or corporate) with direct exposure to senior stakeholders and experience in taking asset business plans, investments / long term lease commitments through internal investment committee / corporate approvals process
 
FIELD OF EXPERIENCE
Proven experience in real estate asset management and strategy, including feasibility analysis, business planning and IC approvals
 
Good background in investment evaluation and transaction support (from real estate investment firms, funds, consulting, or corporates)
 
Specialized expertise in Industrial & Logistics (I&L) highly preferred, backed by well-rounded real estate and analytical skills
 
Solid exposure to key regional markets, including the UAE, KSA, and Egypt
 
TECHNICAL AND INTERPERSONAL SKILLS
Proven track record in improving asset performance and delivering value-add initiatives
 
Strong stakeholder management and relationship-building skills
 
Clear, confident communicator across diverse teams
 
Sharp analytical and financial acumen
 
Collaborative, ethical, and adaptable team player
 
Proactive, hands-on mindset with positive energy
 
Passionate about sustainability and innovation
 
QUALIFICATION
Bachelor’s degree in Finance, Economics, Real Estate, or a related field. MBA, CFA or RICS is a strong plus.