• Profile

Real Estate & Franchise Specialist

Location:
Riyadh
Job Description (English)
 Responsible to support negotiations and contract management for new and existing franchise partners, in addition to company tenancy agreements and real estate asset management. Analyzing current rental contracts and creating new agreements based on right and full real estate aspects for our stores.  Analyzing store performance from property point of view. Analyzing the asset management by creating fixed asset register for all AK Stores over KSA, where such information will be required to manage our existing stores effectively. Support monitoring of all Real Estate assets in AK and prepare for the expansion in future.
 
  • Business planning for the franchise and real estate objectives
  • Liaising with banks to support franchise partners and finalize agreements
  • Monitoring Rental variances and pre operating expenses.
  • Reviewing all contracts over KSA on monthly basis in regards with legal aspects.
  • Reviewing all portfolio (Malls Performance) on quarterly basis.
  • Assets transfer management and update the cost center on monthly basis.
  • Benchmark for the brands.
  • POQ for the projects team and managing the purchase orders and control that for the projects team.
  • Reviewing and analyzing stores margins – brands size – sales per SQM. 
  • Working closely with leasing and admin team to monitor the rental saving.

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