Senior Manager – Asset Management

Job purpose

This position oversees asset management activities across a portfolio designed to build recurring income from five major asset classes: retail, hospitality, leisure and entertainment, sports, and commercial facilities. The role focuses on improving portfolio performance, advancing strategic initiatives, and maintaining strong operational standards across the assets.

Key responsibilities

• Partner with the business head to shape a business plan that supports the broader corporate strategy.
• Track performance against the asset management scorecard and ensure targets are met for the assigned portfolio.
• Take full responsibility for profit and loss to improve the results of the managed real estate assets.
• Develop asset strategies and action plans that increase asset value and net operating income, using market research, benchmarking, and positioning analysis.
• Assess financial and operational goals critically, while overseeing day-to-day operations handled by affiliated or third-party property managers.
• Handle negotiations with outside parties and service providers, ensuring all activities remain aligned with operational standards and regulations.
• Run monthly business review sessions with asset operators.
• Create and roll out initiatives that cut across segments, then monitor their performance on a regular basis.
• Review asset condition and standards and build improvement plans where needed.
• Contribute to new asset and master plan discussions by sharing input with the Development team, including review of project briefs and business plans.
• Test key assumptions and suggest changes where needed to strengthen feasibility and profitability.
• Carry out feasibility studies for assets and master plans, and help shape portfolio strategy with Development Management.
• Work with Design & Delivery and other stakeholders to support asset opening activities.
• Coordinate with internal teams such as development, marketing, facility management, finance, legal, and procurement, as well as external parties including operators and property managers.
• Prepare detailed annual asset valuations for the assigned portfolio.
• Negotiate confidently with investors, corporate organizations, and third-party vendors.
• Guide and develop team members to support their professional growth.

Qualifications and experience

• A Master’s degree in Business Administration is required; CFA or CA qualification is considered an advantage.
• At least 10 years of experience managing portfolios across multiple real estate asset classes.
• A minimum of 3 years’ relevant experience in the Middle East.
• Strong track record in creating and executing effective asset strategies.
• Deep understanding of GCC real estate market trends and regulatory requirements.
• Solid financial and operational expertise, with feasibility study experience preferred.
• Excellent people skills, leadership ability, and cross-functional collaboration.
• Proven capability to influence, coordinate, and engage effectively with senior executives and stakeholders.

Additional information

Department: Asset Management

Location: Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

The role spans five core asset classes: Retail, Hospitality, Leisure/Entertainment, Sports, and Commercial facilities.