Leasing Executive

Roles and responsibilities

The position is responsible for working closely with the Senior Manager - Leasing to market new properties and manage existing ones in order to maximize the leasing opportunities and meet the corporate revenue targets at Majid Al Futtaim Properties.

ROLE PROFILE

• Assist the Senior Manager Leasing in implementing Leasing Objectives. These objectives will outline the amount of space to be leased, the time frame required to lease and the target rental rate to be achieved, appropriate merchandise mix compatibility
• Provide inputs to the Senior Manager Leasing for changes in the layout in order to maximize the leasing opportunities.
• Maintain relationship with current and potential tenants, ensure enquiries are handled promptly and arrange site visits for potential tenants.
• Assist in the preparation of the leasing agreements between the Company and the tenants, ensure completion of all documents and manage the renewal agreements as well.
• Prepare regular leasing activity reports and the status of each negotiations held with potential tenants.
• Work with the Senior Manager Leasing in liaising with Property Operations and for lease extension negotiations, finding where retail gaps exist and what retailers will best complement those already in the Centre.
• Provide all necessary data / reports concerning to Lease Management as and when requested.
• Maintain accurate filing of all Lease deals related information and agreement (both physical and on system e.g. Yardi / MRI and/or SharePoint etc.) so as to enable the team to refer the same with respect to rent collection / renewal / extension etc.,

Desired candidate profile

Bachelor's degree in Commerce, Business Administration, or any relevant field
Minimum 3 to 5 years of work experience in managing Lease activities preferably in a reputed Retail or Real Estate companies in GCC.
Very good English Level
Excellent communication and negotiation skills
Proficient in Microsoft Office
Negotiation Skills: Ability to negotiate lease terms and resolve conflicts between landlords and tenants.
Communication Skills: Strong verbal and written communication skills to engage with tenants, property owners, and external partners.
Customer Service: Excellent interpersonal skills to manage tenant relations and ensure a high level of satisfaction.
Market Knowledge: Deep understanding of the real estate market, including rental pricing, local trends, and competition.
Attention to Detail: Accuracy in handling lease agreements, legal documentation, and tenant records.
Sales and Marketing: Proficiency in marketing properties, identifying target tenants, and effectively selling the benefits of a space.
Problem-Solving: Ability to address tenant concerns and resolve issues quickly and effectively.
Time Management: Ability to manage multiple leasing projects and deadlines simultaneously.