Senior Retail Leasing Manager
Job Description
No two days are the same at Al-Futtaim, no matter what role you have. Our work is driven by the desire to make a difference and to have a meaningful impact with the goal of enriching everyday lives. Take our engaging and supportive work environment and couple it with a company culture that recognises and rewards quality performance, and what do you get? The chance to push the limits every single day.
As a humble family business that started on the banks of the Dubai Creek in the 1930s, Al-Futtaim has expanded to a presence in 31 countries, a portfolio of over 200 companies, and 42,000 employees. You’ll find us in industries ranging from automotive and retail, to finance and real estate, and connecting people with international names like Lexus, Ikea, Robinsons, and Adidas. Our team is proudly multicultural and multinational because that kind of diverse representation gives us the global mindset to grow and impact the people, markets, and trends around us.
Come join us to live well, work better, and be the best.
About The Job
Planning: Prepares and implements leasing plans and strategies so as to exploit current market demands and generate future demand for the Retail Leasing business in order to achieve or exceed projected units and revenue target.
Market Intelligence: Researches market in terms of current demand, customer preference, types, size, and location of the properties. Where possible, obtains information on competitors pricing policy, property specifications to revamp the company pricing policy, strategies and tactics to effectively position the property against the competition and enhance market share.
Targeting Prospective and Existing Customers: Oversees preparation of a target list of prospective tenants including high end and flagship retail brands/customers, local and international, suitable for the type of properties available for leasing. Oversees preparation of schedules showing lease expiry profile on annual basis. In case of Retail tenants, prepares exit strategy if brand is not considered in line with agreed Retail mix.
Arranging Legal Documentation: In liaison with Lease Administration team ensures that all documentation is correctly prepared by Lease Administration in accordance with the SOP (LAF/LCA, Lease Contract etc.) and is signed by the authorized person as per the DOA in order to avoid any litigation in future and to serve as a point of reference. Maintains awareness of local legal procedures and practices, ensuring that these are upheld and/or not contradicted in lease terms.
In This Position, You Are Responsible For
Setting the tactics of the Leasing strategy on the Retail Portfolio that is aimed at ensuring the viability of the business and meeting overall objectives. Provide a market information and competition updates Managing the rental of retail units to ensure maximum occupancy and a premium level of rentals Undertaking lease negotiations and meeting the approved milestones The accurate completion of information and paperwork for tenants. (Data base, turn overs etc.) Consistently apply your experience and judgement to plan and accomplish goals and to sustain and expand market share.
Effectively lead and direct the work of others, specifically your direct reports and supporting departments, outsourced consultants (Market Researches, Leasing Agents, etc.)
About You
As a senior leasing manager you should have a degree or equivelant level of education, Also you must have a minimum of 8-10 years of experience in handling property leasing/ portofolio management including lease negotiations and management in reputable real estate company. A senior leasing manager should be Familiar with a variety of the leasing field's concepts, practices, and procedures along with the Brands awareness and categories and Sound knowledge of Leasing market and practices in local market/international market, Establish, promote and use metrics to improve effectiveness Create and use a system of critical review to make more informed future decisions, and influence strategy formulation and ensure an effective leasing planning process and plans.
We’re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.
Before you click “apply”: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.
As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application
As a humble family business that started on the banks of the Dubai Creek in the 1930s, Al-Futtaim has expanded to a presence in 31 countries, a portfolio of over 200 companies, and 42,000 employees. You’ll find us in industries ranging from automotive and retail, to finance and real estate, and connecting people with international names like Lexus, Ikea, Robinsons, and Adidas. Our team is proudly multicultural and multinational because that kind of diverse representation gives us the global mindset to grow and impact the people, markets, and trends around us.
Come join us to live well, work better, and be the best.
About The Job
Planning: Prepares and implements leasing plans and strategies so as to exploit current market demands and generate future demand for the Retail Leasing business in order to achieve or exceed projected units and revenue target.
Market Intelligence: Researches market in terms of current demand, customer preference, types, size, and location of the properties. Where possible, obtains information on competitors pricing policy, property specifications to revamp the company pricing policy, strategies and tactics to effectively position the property against the competition and enhance market share.
Targeting Prospective and Existing Customers: Oversees preparation of a target list of prospective tenants including high end and flagship retail brands/customers, local and international, suitable for the type of properties available for leasing. Oversees preparation of schedules showing lease expiry profile on annual basis. In case of Retail tenants, prepares exit strategy if brand is not considered in line with agreed Retail mix.
Arranging Legal Documentation: In liaison with Lease Administration team ensures that all documentation is correctly prepared by Lease Administration in accordance with the SOP (LAF/LCA, Lease Contract etc.) and is signed by the authorized person as per the DOA in order to avoid any litigation in future and to serve as a point of reference. Maintains awareness of local legal procedures and practices, ensuring that these are upheld and/or not contradicted in lease terms.
In This Position, You Are Responsible For
Setting the tactics of the Leasing strategy on the Retail Portfolio that is aimed at ensuring the viability of the business and meeting overall objectives. Provide a market information and competition updates Managing the rental of retail units to ensure maximum occupancy and a premium level of rentals Undertaking lease negotiations and meeting the approved milestones The accurate completion of information and paperwork for tenants. (Data base, turn overs etc.) Consistently apply your experience and judgement to plan and accomplish goals and to sustain and expand market share.
Effectively lead and direct the work of others, specifically your direct reports and supporting departments, outsourced consultants (Market Researches, Leasing Agents, etc.)
About You
As a senior leasing manager you should have a degree or equivelant level of education, Also you must have a minimum of 8-10 years of experience in handling property leasing/ portofolio management including lease negotiations and management in reputable real estate company. A senior leasing manager should be Familiar with a variety of the leasing field's concepts, practices, and procedures along with the Brands awareness and categories and Sound knowledge of Leasing market and practices in local market/international market, Establish, promote and use metrics to improve effectiveness Create and use a system of critical review to make more informed future decisions, and influence strategy formulation and ensure an effective leasing planning process and plans.
We’re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.
Before you click “apply”: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.
As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application
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Job Summary
- Date Posted : 6 years ago
- Job Type : Full Time
- Location : Cairo, Egypt
About company
- Company Name : Al-Futtaim
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