Rashid Aboobacker

Hotel Development & Asset Management

Medina, Al Madinah, Saudi Arabia

About

Experience

  • RUA Al Madinah Holding | رؤى المدينة القابضة (5 yrs 8 mos)
    • Portfolio Director, Asset Management
      Nov 2022 - Present · 4 yrs 1 mo

    • On-site
      Present

    • Associate Director, Asset Management
      Apr 2021 - Jan 2023 · 1 yr 10 mos

    • Apr 2021 - Jan 2023 · 1 yr 10 mos
      Rua al Madinah is the master developer of mega-projects in the holy city of Al-Madinah Al-Munawarah, including Rua Al-Madinah Project and Dar Al-Hijra Project. Both of these projects are key initiatives of the Public Investment Fund 2018-2020 Program, a cornerstone among twelve other 'vision realization programs' launched by the state to ensure realization of the Kingdom's Vision 2030. Visit our home page for more information: https://ruaalmadinah.com/

  • Director - Business Development at AMAALA
    Apr 2019 - Apr 2021 · 2 yrs 1 mo

  • Director at TRI Consulting - Hospitality and Real Estate Advisory Firm
    Nov 2007 - Mar 2019 · 11 yrs 5 mos

    At TRI, I provided specialized advisory services to real estate developers for hospitality and commercial mixed-use developments across the Middle East, North Africa, and Indian Ocean region. Services included: Project Development: > Feasibility studies | Highest & best use studies | Bespoke market studies | Master plan studies | > Financial modeling | Site & facilities review Strategic Planning: > Market opportunity studies | Destination development plans | Sector reviews | > Strategic development plans Operator Search & Contract Negotiation: > Hotel operator search | Management contract review | LOI & Contract negotiation Asset Management: > Operational reviews | Business plan and budget reviews | PIP & redevelopment feasibility | > Acquisition due diligence | Valuations

  • Team Leader at Thomson Reuters
    Jan 2004 - May 2007 · 3 yrs 5 mos

  • Junior Probationary Officer at Standard Chartered Bank
    Jul 2003 - Dec 2003 · 6 mos