Leasing - Analyst

Job description / Role

Organization Management
- Mobilize resources and deliver projects on deadline
- Manage team leader to ensure time allocation on strategic issues.

Professional Experience:
- Knowledge of the retail leasing process and tenancy agreements
- Ideally a knowledge of project management, small scale construction and office administration
- Professional qualification or graduate qualification in a relevant field.

Key Qualities
- Confident, persistent, able to handle adversity, and plan the resolution of problems.
- Calm, diplomatic and reassuring. Able to pull together different functions to assist in resolving problems.
- Numerate with analytical skills
- Computer literate
- Able to build a strong and operationally focused administrative team.

New Developments
- Establish leasing parameters for new projects
- Close interaction with fitout, re: owners works, tenant handover information during the construction phase.

Tenant Relations
- Maintain contact with tenants in processing leases
- Act as contact for group lease queries on the portfolio responsible for.
- Act as link between tenant and tenant coordinator to ensure agreed opening date is achieved

Leasing Profile
- Maintain prospective tenant database
- Ensure credit checks are completed prior to deals done
- Ensure policies and procedures are adhered to
- Ensure administration policies are adhered to on all portfolios responsible for
- Prepare Lease Agreements and all necessary documents to commercial and legal bind agreement with tenant in co-ordination with HO Legal Department and Leasing staff.
- Prepare regular leasing activity reports and the status of each negotiations held with potential tenants.

Requirements

- Appropriate Degree in Commerce/Business/related profession and 10 years experience in the same field.
- Understanding of the Commercial Leasing Market of the UAE and Middle East.
- General knowledge of the local laws governing landlord/tenant relationships.
- Possess a strong market awareness of all competitors and competing Shopping Malls.
- To be sensitive to market changes to determine the types of retailers the Centre should be attracting.
- Contribute to the strategic planning of the new centres ie., Sharjah, Muscat, Bahrain & Egypt.
- Fully conversant with legal documents, pertaining to all leasing transactions.

About the Company

Majid Al Futtaim Properties is one of MENAs leading diversified property companies with operations across shopping malls, hotels and mixed-use communities.

The Shopping Malls Business Unit, an industry leader, owns, manages and develops mall destinations that provide memorable shopping, entertainment and social experiences for its customers. Majid Al Futtaim Properties has pioneered the regional face of retail, leisure and entertainment, since the launch of its first mall, Deira City Centre in 1995. The companys mall portfolio includes 17 shopping centres across UAE, Bahrain, Oman, Egypt and Lebanon with a combined gross leasable area (GLA) of over 1 million sqm, more than 2,800 tenants and an increasing footfall of over 160 million visitors in 2013.

The Hotel Business Unit develops and manages hotels and branded serviced apartments that are synergistic with the companys malls. Majid Al Futtaim owns nine hotels in the UAE and two in Bahrain. Their strategic proximity to the malls contributes to welcoming over 1.2 million guests annually.

The Communities Business Unit develops quality mixed-use projects anchored by residential housing. Majid Al Futtaim currently has three communities under development. The Wave, a joint venture with the government of Oman to develop Muscats largest ocean-front integrated community; Al Zahia, a joint venture with the Government of Sharjah, to build the Emirates first gated residential community with a regional mall in a prime growth corridor; The 250,000 sqm Waterfront City development in Beirut, Lebanon, a joint venture with Socit Joseph Khoury & Fils Holding SAL to build Beiruts premier mixed used community with one of the largest marinas in the Mediterranean.

Majid Al Futtaim Properties is recognised as a sustainability leader in the MENA region. According to the 2013 Global Real Estate Sustainability Benchmark (GRESB) survey, the company ranks No. 1 in MENA, second in the Asia-Pacific region and in the top 133 property businesses worldwide. In 2013, Majid Al Futtaim launched its new five-year sustainability strategy with the vision to enhance peoples lives through sustainable real estate. This commitment is reflected in Majid Al Futtaim Properties pioneering standards, prosperous communities and high performance assets.