Leasing Executives - UAE National - Immediate Hire

Job description / Role

- Research/explore to build and maintain a retail profile data on all the brands in the Levant region.
- Maintain and update the market take up lists for the new development projects.
- Maintain and update the merchandize mix lists.
- Maintain and update the leasing program.
- Assist in preparing the necessary logistics required for meetings with potential clients.
- Attend with the General Manager – Leasing negotiation meetings with tenants, put notes and make recommendation
- Prepare in coordination with the General Manager - leasing all the logistics required for the leasing committee meetings.
- Assist in preparing the lease offer control sheets, plans and in the process of issuing the binding offer.
- Assist in issuing the final lease binding contract with new client.
- Prepare regular leasing activity reports.
- Maintain an archive of all documents in connection with leasing developments.
- Work directly with Director – Leasing, GM – Leasing & Sr. Leasing Manager

Requirements

- Degree in Commerce/Business/related profession.
- 3 – 5 years’ experience in relevant field.
- Able to handle all tasks assigned by the direct line manager.
- General understanding of the Commercial Leasing Market.
- General knowledge of the local laws governing landlord/tenant relationship.
- Understand retail margins and types of trades and appropriate mixes/rents depending on demographics of trade area.
- Able to multi task.
- Able to observe and learn at fast track.
- Able to travel frequently.

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.