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.