Vice President – Asset Management (Industrial & Logistics)

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

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

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

 

Own and execute feasibility studies for developments, expansions, repositioning and capex initiatives

 

Develop robust financial models, run sensitivity analyses, and evaluate returns

 

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

 

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

 

Manage partnerships post-transaction, including partner reporting, JV board materials and follow-ups

 

Coordinate with JV partners on capital calls, drawdowns, and financial obligations

 

 

Oversee leasing strategy and performance delivered by the Leasing team, including major renewals

 

Oversee property management performance, ESG initiatives and compliance at asset level

 

 

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)

 

 

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

TECHNICAL AND INTERPERSONAL SKILLS

QUALIFICATION