Real Estate Manager
Magrabi Retail Co
Total years of experience :13 years, 10 Months
July 2009 to date.
Magrabi Retail Co. Corporate office, Cairo - Egypt
Business Field: Optical retail chain located in (KSA, UAE, Egypt, Bahrain, Qatar, Oman, Kuwait, Lebanon, Jordan and Turkey)
Position: Real Estate Manager
Responsibilities:-
- Responsible for conducting the market study, preparing the expansion & closure plan, ensure availability of all information needed for new, renewed or closed stores.
Key Roles & Responsibilities:-
• New Stores;
o Collect all available data on any new store (construction status, the location gross leasable area "GLA", merchandise & tenant mix, anchors etc.)
o Negotiate with the Landlord the rate and location.
o Receive the location final offer and approve it from the COO.
o Prepare the new investment proposal according to the store category (Mega, Flagship, and Standard Stores)
o Ensure the payment reservation fees to the Landlord.
o Deliver the final approved leasing offer to the Leasing Administrator.
o Receive the location contract from the Leasing Administrator to review the commercial part.
o Coordinate with the Projects Department the new store plan.
• Renewal;
o Obtain information from operations and finance, to evaluate business performance of subject locations and long term continuity of business.
o Review & assess all lease agreements subject for renewal on a yearly basis, in order to evaluate various options to extend or terminate the leases.
o Negotiate with the location owner the rate.
o Receive the location final offer and approve it from the CSO according to the renewal plan.
o Deliver the final offer to the Leasing Administrator
o Receive the location contract from the Leasing Administrator to review the commercial part.
September 2005 to June 2009.
Magrabi Optical Co. LLC, Dubai - UAE
Position: Projects Manager
Responsibilities:-
* In-Charge for the entire existing as well as the incoming projects of Magrabi Optical in GCC (UAE, Oman, Kuwait, Qatar, Bahrain and Jordan)
* Successfully launched 42 projects.
Key Roles:-
* Creating the Shop per design requirements info. Depending on store visibility study.
* Design approval responsibility.
* Handling drawing submission to get approval from Mall Managements.
* Auditing and controlling Contractor quotations.
* Managing the interior fit out work.
* Direct communication with Vendors for all the required parts.
* Monitoring the progress in all the project stages with all departments.
April 2002 to September 2005
Magrabi Optical Co. LLC, Dubai UAE -
Position: Brand Manager (Whole Sale Department)
Responsibilities:-
* Maintaining yearly sales forecast.
* Managing the existing accounts.
* Open new Accounts.
* Launching new Brands.
* Monitoring Inventory stock and controlling replenishment cycle.
* Reviewing Merchandising display in client's stores.
July 2000 to April 2002
Magrabi Optical Co. LLC, Cairo; Egypt
Position: Sales Representative (Whole Sale Department) Oakley Brand
Responsibilities:-
Contacting client / prospects regarding the services of the company and follow through with client visit.
IT Knowledge:
MS Windows XP, MS office (Excel, Word, outlook and power point) - Professional working knowledge.
Bachelor of Commerce