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Senior Manager - Development - Commercial Office (SPA170)
Qiddiya Investment Company
Riyadh, Saudi ArabiaAED 8,000-20,000/mo≈ SAR 8.2K-20.4K/moToday
Saudi ArabiaReal Estate ConstructionFull Time
Skills Required
ErpLeadership
Job Description
Qiddiya Investment Company is seeking a talented and experienced Senior Development Manager for our Commercial Office Development projects.This person with support the business plan development, financial analysis, market research and product definition across the Qiddiya office portfolio.The role supports commercial opportunity identification, masterplan integration & positioning, and long-term asset performance, ensuring office assets are designed, phased, and positioned to support the success of Qiddiya, maximizing commercial returns and market competitiveness.Key Responsibilities1. Pre Development Business PlanningSupport the preparation and ongoing refinement of project business plans, underpinned by market research and benchmarking.Ensure office assets are positioned correctly within the masterplan to support visibility, accessibility, amenity integration and future rental growth.Work with the Director to identify realistic target sectors and occupiers based on live market demand, including pre-commitment tenants.In conjunction with the DFA, help to develop and maintain dynamic development appraisals across multiple office assetsSupport model phasing, absorption, rental growth, yield sensitivity and IRR scenariosEnsure market gaps and opportunities are implemented into business planningAssist with the Qiddiya coworking strategy.2. Market & Competitor AnalysisMonitor office supply, vacancy and transaction trends across Riyadh and GCCAnalyze tenant demand by sector, size band and growth trajectoryBenchmark asset positioning against competing developments3. Product Definition & Workplace DevelopmentContribute to the development of front-end design briefs to ensure product-market alignmentEvaluate core building specifications (floorplates, flexibility, ESG performance, amenity integration) to optimize leasing performanceAssist in shaping amenity mix, activation concepts and ecosystem components to enhance tenant appealBenchmark leading global workplace and to inform local product evolutionMonitor emerging workplace trends and translate insights into commercially viable product recommendationsEnsure product decisions support rental growth, occupancy resilience and long-term competitiveness4. Business & Leadership ReportingHelp draft Business Unit Board and Development Committee reportsStructure commercial analysis into clear, decision-ready formatsSupport business plan updates and funding review processesEnsure consistency of commercial narrative across office projectsCandidate ProfileAt least 7 years commercial real estate experienceStrong understanding of financial modellingExperience with Grade A office or mixed-use commercial assetsStrong understanding of leasing dynamics and tenant demand driversExperience preparing materials for senior leadership or investment committeesStrong commercial judgement and structured analytical thinkingComfortable operating in a fast-paced, evolving development environment#J-18808-Ljbffr
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