Vice President – Asset Management (Commercial)

Role overview

This Vice President position oversees the strategic management of Aldar’s commercial asset portfolio with responsibility for maximizing asset value, optimizing financial returns, and enhancing customer experience. You will lead initiatives across leasing, capital investment, service provider performance, and sustainability while collaborating across the organization to support Aldar’s long-term investment strategy.

Key responsibilities

Develop and execute asset strategies that maximize long-term portfolio value, including asset repositioning, enhancement, and capital recycling programmes.
Manage portfolio financial performance metrics including net operating income, occupancy rates, yield, valuation, and total return.
Lead leasing strategies to drive occupancy growth, rental rate increases, and tenant retention while identifying commercialisation opportunities.
Oversee asset enhancement programmes and capital expenditure initiatives in coordination with Development, Legal, Finance, and Operations teams.
Monitor and govern Property and Facilities Management service provider performance against agreed service level agreements and key performance indicators.
Partner with internal business units across Development, Finance, Legal, Retail, Hospitality, and Education to deliver integrated portfolio initiatives.
Build and maintain relationships with tenants, brokers, consultants, contractors, and external stakeholders to support portfolio objectives.

Requirements

Minimum 10 years of experience in real estate, property and asset management, investment banking, buy side or sell side advisory, or related fields.
Minimum 2 years in a managerial position within banking, real estate consultancy, or management consultancy.
Advanced proficiency with Microsoft Office and Excel, with demonstrated ability to build financial and valuation models.
Strong analytical and quantitative skills with the ability to analyze complex information and support rapid decision-making.
Experience interpreting and managing transaction documentation including NDAs, Memoranda of Understanding, Letters of Intent, and Share Purchase Agreements.
Ability to develop Board-level papers and investment memoranda.
Bachelor’s degree in Engineering, Economics, Finance, or Accounting; MBA in Finance, CFA, CA, or CPA qualifications preferred.

What makes this role worth considering

This role offers the opportunity to drive significant value across a substantial commercial portfolio with strategic influence across multiple business units. Based in Abu Dhabi, this position involves working on diverse asset types and collaborative initiatives that span the full spectrum of portfolio management, from enhancement programmes to tenant experience optimization.