Head of Real Estate JOB DESCRIPTION GUIDE

Head of Real Estate Salary Guide

Looking to hire top talent or advance your career? Our expertly researched salary guide for 2024 provides valuable insights into facility management positions!

Head of Real Estate Core Duties and Qualifications

The Head of Real Estate oversees the strategic management and optimization of the company’s real estate portfolio which is a top level management role. The head is responsible for maintaining an efficient, cost effective, and compliant operation of all properties along with the application of the regulations.

As a part of this role, head of real estate is responsible for creating and executing strategies that correspond with business objectives in the real estate sector, namely acquisitions, lease agreements, property management, and development.

Desired Profile For A Head of Real Estate

Roles and Duties

This position aims to create value, operate with excellence, and make real estate developments sustainable by supporting the company’s long term vision. Head of Real Estate is also responsible for the following duties and responsibilities highlighted by the employers:

Plan and perform real estate strategies which correlate with the organizational objectives.
Control the activities like property purchases, sales, and lease negotiations and renewal.
Oversee the real estate portfolio to make it operate more efficiently and save costs.
Organize and implement the construction of property development projects.
Make sure to comply with legal, regulatory, and eco-friendly standards.
Regularly keep an eye on the property market and bring out ideas that will facilitate decisions.
Supervise dealings with landowners, renters, builders, and property management companies.
Develop and maintain good relationships with landlords, tenants, contractors, and real estate service providers.
Develop and monitor real estate operational and project budgets.
Work with the senior management to prioritize real estate projects to the market expansion.
Manage and execute initiatives towards sustainability within owned premises in the Real Estate portfolio.

Qualifications And Certifications

Below are the educational requirements for the role of head of real estate sought by the employers:

Required bachelor’s degree or equivalent in:

Real estate
Facility Management
Business Administration
Finance
Urban planning
Related field

Master’s degree in real estate, business administration (MBA), or related field.
Professional certifications of:

Certified Commercial Investment Member (CCIM)
Certified Property Manager (CPM)
Chartered Surveyor (MRICS)
Certified Real Estate Investment Advisor (CREIA)
And others are suggested.

Skills And Expertise

The following is the list of required skill sets and experience for the role of head of real estate:

8-12 years of prior professional experience in real estate management, property development, portfolio optimization, or related roles.
Understanding of real estate management software like Yardi, AppFolio, etc.
Understanding of national and international real estate standards, rules and regulations.
Proper communication and negotiation skills.
Organizational skills and risk assessment ability.
Financial acumen and market insights.
Project management and budget management skills.
Strong leadership and team management skills.
Ability to think and act strategically in solving issues.
Attention to detail.

RFS HR Consultancy, a Premier Facilities Management Recruitment Provider in the UAE, specializes in connecting top facilities management companies with talented facilities managing professional.

Explore our platform for the latest facilities management positions at top facilities managing firms.

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