Reda Omar Balbaid

Real Estate Investment and Development | Urban and Strategic Advisory | Ex-Big 4

Jeddah, Makkah, Saudi Arabia

About

Driving the strategic development of large-scale real estate projects across Saudi Arabia, integrating investment strategy, fund structuring, and execution. At Thakher Development Company, I play a key role in shaping mixed-use developments and engaging with investors to enhance Makkah’s urban landscape in line with the company’s objectives and Vision 2030. My experience spans the full real estate lifecycle — from development advisory and investment strategy to execution and delivery. Prior to Thakher, I worked with EY, JLL, CBRE, and Knight Frank, advising developers, investors, and government entities across Saudi Arabia on projects totaling over 200 million sqm of land plots. Mixed-Use • Residential • Retail • Hospitality • Industrial • Cultural & Entertainment • Masterplanned Communities

Experience

  • Senior Investment & Development Manager at Thakher Development
    Jul 2025 - Present · 1 yr 5 mos

  • Knight Frank MENA (2 yrs 6 mos)
    • Senior Manager
      Jul 2024 - Jun 2025 · 1 yr

      Knight Frank is one of the world's largest global real estate and property consultancies. • I reported to the Head of Real Estate Strategic Consulting. • Provided strategic direction, managed, and oversaw the execution and quality of real estate advisory projects. • Drove business development by identifying and pursuing new opportunities. • Led and developed a high-performing team of fivedirect reports.

    • Manager
      Jan 2023 - Jul 2024 · 1 yr 7 mos

      • Managed overall Project Deliverables & Quality of all types of assignments. • Full Accountability on the Projects execution, Team members, and Client management. • Took part in the company’s Business Development objectives. • Oversee a wide range of real estate advisory projects that totaled more than 23 million sqm.

  • EY (1 yr 10 mos)
    • Executive
      Apr 2022 - Dec 2022 · 9 mos

      Ernst & Young (EY) is considered one of the largest professional services networks in the world and one of the Big 4 firms. • Reported to the Senior Manager – Real Estate, Hospitality & Construction Department. • Played an active role in combining urban planning, financial, and business knowledge with real estate acumen to advise clients on Development Strategy, Financial Feasibility, Investment Analysis, Business Plans, and Destination Planning for different projects.

    • Senior Analyst
      Mar 2021 - Mar 2022 · 1 yr 1 mo

      • Conducted impairment analysis and valuation review for several plots across the MENAT region, achieving a total land area of more than 6 million sqm. • Core team member of various real estate strategies for different mega projects across the Kingdom, achieving a total development land area of more than 15 million sqm.

  • Analyst at CBRE
    Jan 2019 - Feb 2021 · 2 yrs 2 mos

  • Assistant Analyst at JLL
    Jul 2018 - Dec 2018 · 6 mos