Summary
Overview
Work history
Education
Skills
Websites
Certification
LANGUAGES
CORE COMPETENCIES
Timeline
Generic
THAMER ALSAYGH

THAMER ALSAYGH

SAUDI ARABIA

Summary

Results-oriented Real Estate Director with a distinguished career in asset management and large-scale development. Expert in driving massive capital appreciation, notably increasing an asset’s value from 95 million to 400 million Dirhams through strategic renovation and revenue optimization. Specialized in the Saudi market, including White Land fee mitigation, hospitality Strategy, and managing high-value portfolios worth 8 billion SAR.

Overview

15
15
years of professional experience
2014
2014
years of post-secondary education
1
1
Certification

Work history

Real Estate Advisor

.
, SAUDI ARABIA
09.2024 - Current
  • Maintained active Real Estate License, ensuring compliance with regulatory and ethical guidelines.
  • Advised clients on investment opportunities and asset optimisation strategies.
  • Developed project strategies, including positioning and diversification of assets.
  • Facilitated property transactions with detailed listings and amenity descriptions.
  • Negotiated advantageous terms for real estate transactions.
  • Partnered to launch and operate $100 million hotel project in Hurghada, managing operations.
  • Established data map base for pricing and trends to optimise assets.
  • Formulated long-term portfolio growth strategies in Jeddah, Makkah, Riyadh, and Madinah.
  • Partnering with leading real estate firms to transform undeveloped urban land into high-yield assets

Real Estate Investment Division

King Abdullah bin Abdulaziz Endowment for Giftedne
Riyadh
03.2024 - 09.2024
  • Portfolio Management: Managed a diversified asset portfolio valued at approximately 8 Billion SAR.
  • Commercial Oversight: Optimized six high-value commercial buildings in Saudi Arabia worth over 1.6 Billion SAR.
  • Financial Compliance: Administered investments in Sukuk and Sukuk Murabaha, ensuring full compliance with Islamic finance principles.
  • International Strategy: Directed commercial real estate investment decisions across Turkey, Morocco, and the UAE.
  • Reporting: Prepared comprehensive presentations for the Executive Management and Investment Committee (IC)

REAL ESTATE ADVISOR

.
JEDDAH
12.2022 - 02.2024

Maintained active Real Estate License, ensuring compliance with regulatory and ethical standards.

Advised clients on real estate investment opportunities and asset optimisation strategies.

Developed and executed project strategies, focusing on positioning and asset diversification.

Conducted comparative market analyses and property valuations for effective investment decisions.

Facilitated property transactions with comprehensive listings and amenity descriptions.

Provided market intelligence and trend forecasts for informed strategic decision-making.

Negotiated real estate transactions to secure advantageous terms for clients.

Assessed clients' financial profiles to evaluate eligibility for investments or mortgage obligations.

Director SHOPPING CENTER

Al Arab Mall
Sharjah
08.2015 - 11.2022


  • Asset Appreciation: Facilitated a strategic exit where the mall was acquired for 95 million AED and sold in 2022 for 400 million AED, achieving a profit of over 300 million Dirhams
  • Revenue Maximization: Increased annual revenue from 5 million to 42 million Dirhams by maximizing retail GLA space and optimizing costs.
  • Strategic Expansion: Conducted a comprehensive expansion study with Tier-A consultants to add three towers in the parking area and implement paid parking and screen advertising.
  • Asset Renovation: Led the full renovation of the mall to enhance brand visibility and drive significant increases in foot traffic.
  • Operational Excellence: Managed the annual operating budget and oversaw the procurement of all repair and maintenance projectsProvided effective leadership and guidance to the mall team, overseeing day-to-day operations with a focus on efficiency, customer service excellence, and team morale to achieve business objectives.
  • Managed the procurement process and supervised the execution of repair and maintenance projects, fostering partnerships with vendors and contractors to ensure timely and quality service delivery while optimizing costs.
  • Expertly navigated lease terminations and eviction proceedings, adhering to legal requirements and contractual obligations, while mitigating risks and maintaining positive landlord-tenant relationships.
  • Conducted thorough and insightful annual reviews of retailer performance, analyzing key metrics to identify trends, opportunities for growth, and areas for operational improvement.

Investor Relation Manager

Mahd Al Watan Holding Co. – KSA-USA
01.2011 - 07.2015
  • Managed and optimized Commercial Residential building in Saudi Arabia and USA , worth over 20 million USD.
  • To manage feasibility studies for new projects, research market trends, and business opportunities and compile information for the Management.
  • Communication with and coordination of the consultant team, including land planners, engineers, architects, utility companies and other third-party consultants, as well as the construction team.
  • Coordinate induction of facility management services around the newly developed facilities.

Education

Master's Degree - Enterprise Project Management

Stevens Institute of Technology
USA

Bachelor's Degree - Insurance & Risk Management

Indiana State University
USA

Skills

  • Real Estate Advisor
  • Market Analysis
  • Investment Strategy
  • Lease Management
  • Property Transactions
  • Negotiation Skills
  • Client Advisement
  • Comparative Market Analysis
  • Property Valuation
  • Financing Solution
  • Asset Risk & Optimization
  • Excellent Network
  • Operation Management
  • Record-keeping

Websites

Certification

  • Business Analysis Development
  • Fundamentals of Project Management
  • Leader Development
  • Real Estate Action
  • Project Analytics
  • Project Management Office
  • Strategic Perspectives in Project Management
  • Business Development in Real Estate Development
  • Property Management
  • Real estate Brokerage

LANGUAGES

Arabic (Full Proficient)
Native
English (Full Proficient)
Advanced

CORE COMPETENCIES

  • Real Estate Advisory and Investment
  • Assets Management and Operation
  • Real Estate Development and Management
  • Leadership & Team Management

Timeline

Real Estate Advisor

.
09.2024 - Current

Real Estate Investment Division

King Abdullah bin Abdulaziz Endowment for Giftedne
03.2024 - 09.2024

REAL ESTATE ADVISOR

.
12.2022 - 02.2024

Director SHOPPING CENTER

Al Arab Mall
08.2015 - 11.2022

Investor Relation Manager

Mahd Al Watan Holding Co. – KSA-USA
01.2011 - 07.2015

Bachelor's Degree - Insurance & Risk Management

Indiana State University

Master's Degree - Enterprise Project Management

Stevens Institute of Technology
THAMER ALSAYGH