Senior Manager - Development - Commercial Office (SPA170) at Qiddiya Investment Company

Riyadh, Riyadh Region, Saudi Arabia -

Full Time

Start Date

Immediate

Expiry Date

24 May, 26

Salary

0.0

Posted On

23 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Business Planning, Financial Analysis, Market Research, Product Definition, Masterplan Integration, Asset Performance, Development Appraisals, Financial Modelling, Leasing Dynamics, Tenant Demand, Design Briefs, ESG Performance, Workplace Development, Commercial Judgement, Analytical Thinking, Reporting

Industry

Entertainment Providers

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 Responsibilities 1. Pre Development Business Planning Support 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 assets Support model phasing, absorption, rental growth, yield sensitivity and IRR scenarios Ensure market gaps and opportunities are implemented into business planning Assist with the Qiddiya coworking strategy. 2. Market & Competitor Analysis Monitor office supply, vacancy and transaction trends across Riyadh and GCC Analyze tenant demand by sector, size band and growth trajectory Benchmark asset positioning against competing developments 3. Product Definition & Workplace Development Contribute to the development of front-end design briefs to ensure product-market alignment Evaluate core building specifications (floorplates, flexibility, ESG performance, amenity integration) to optimize leasing performance Assist in shaping amenity mix, activation concepts and ecosystem components to enhance tenant appeal Benchmark leading global workplace and to inform local product evolution Monitor emerging workplace trends and translate insights into commercially viable product recommendations Ensure product decisions support rental growth, occupancy resilience and long-term competitiveness 4. Business & Leadership Reporting Help draft Business Unit Board and Development Committee reports Structure commercial analysis into clear, decision-ready formats Support business plan updates and funding review processes Ensure consistency of commercial narrative across office projects Candidate Profile At least 7 years commercial real estate experience Strong understanding of financial modelling Experience with Grade A office or mixed-use commercial assets Strong understanding of leasing dynamics and tenant demand drivers Experience preparing materials for senior leadership or investment committees Strong commercial judgement and structured analytical thinking Comfortable operating in a fast-paced, evolving development environment

Responsibilities

This role involves supporting business plan development, financial analysis, market research, and product definition for commercial office developments, ensuring assets are positioned for maximum commercial returns and market competitiveness. Key duties include pre-development business planning, market analysis, product definition, and leadership reporting.