Job closed
Ref: MP703-99
Job description / Role
- Coordinates with MAF Legal Department and Unit Accounts Department in all activities pertaining to Specialty Leasing in DCC, ACC, Sharjah & Muscat.
- Preparation of Temporary Lease documentations ie. lease agreement, NOC letter to Economic Dept., event forms, etc.
- Attend department organisational meeting held once a week.
- Prepare minutes for Specialty Leasing Committee meetings held monthly.
- Oversees and assists the Specialty Leasing team in the preparation of all Leasing correspondence.
- Works with Unit Accounts to reconcile monthly & yearly income figures.
- Organise negotiation meetings for the lease negotiators.
- Maintains and oversees an efficient filing system.
- Maintain computer database of inquiries for department in respect of prospects.
- Assist in the coordination of the prospects of marketing materials for the properties.
- Maintain a revenue chart (month-wise) with comparison against budgets for all properties.
- Maintains an up-to-date leasing chart indicating lease expiries, sales turnover, lease negotiations, rental rates, etc.
- Works hand in hand with Accounts on expiring leases, assisting in preparing the final account.
- Works hand in hand with the DCC Management on the handover and surrender of shops.
- Organise negotiation meetings for the lease negotiators.
- Maintains and oversees an efficient filing system.
- Maintain computer database of inquiries for department in respect of prospects and all retailers.
- Assist in the co-ordination of the prospects of marketing materials for the properties.
- Liaising with existing and prospective tenants on leasing related issues.
Requirements
- Should possess a University Degree preferably in Business Administration - with sufficient experience (2 to 3 years) gained in a commercial environment.
- Must be PC literate.
- Need to possess practical knowledge of leasing business and the shopping centre industry.
- Should have Secretarial / Office Management skills.
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.