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Job description / Role
Objectives:
• You will be responsible for pro-actively marketing the mall according to the tenancy plan and maximise occupancy, to achieve leasing and specialty leasing income goals established by Management.
• You will be required to develop and maintain relationships with prospective, existing and short-term tenants.
Main responsibilities:
• Negotiate and budget leasing terms and conditions
• Tenant Management/ Lease Administration and Documentation in coordination with the
• Study, review and recommend strategies that will increase, improve, and maximize tenant occupancy of the mall
• Work with tenants to develop retail standards and ensure tenants fulfill their lease obligation
• Achieve specialty leasing income goals
• Assist with developing the Leasing budget and business plan and establish objectives as required
• Research and report on competitive Leasing and Specialty leasing trends in the industry and within the geographical and catchment areas of the mall
• Generate leasing leads and negotiate qualified deals from initiation to final execution
• Develop and maintain relationships with tenants
• Leasing management and forecast in order to maximize rental, thereby increasing various malls profitability
• Finalize renewals of existing retailers in accordance to Company’s rules and procedures
• Aid with the planning and development, leasing management and budget forecast in order to maximize rental
• Finalize renewals of existing retailers in accordance to Company’s rules and procedures
• Contribute towards strategic planning process by identifying and forecasting the market trends based on retailers in the local market
• Conceptualize, execute and identify brand mix, rental rates, latest trends, information and market forces
• Communicate issues to management and plan a course of corrective action as needed
• Assist Management with feasibility studies, findings, conclusions and recommendations
Requirements
University Qualifications:
• High School Diploma
Nature and length of previous experience:
• Minimum of 4 years experience within a retail leasing environment
Specialist knowledge:
• Business acumen
• Communication (verbal, written)
• Computer and software l
• Contract Management
• Customer service
• Financial reporting and budgeting
• Mall leasing management
• Presentation
• Relevant laws and regulations
• Research
• Strategic planning
• Tenant mix and zoning
Soft Skills and Personality traits:
• Accuracy
• Analytical ability
• Flexibility
• Independence
• Negotiation and influencing
• Personal motivation
• Planning and organizing
• Proactivity
• Process excellence
• Productivity
• Teamwork
• Time management
Language Fluency:
• English is essential, Arabic would be an advantage
About the Company
Al Mana is one of the largest and most diversified groups in the region, operating over 55 companies in 8 countries and employing over 3500 personnel. Industries that we operate in include automotive distribution and services, real estate and investments, retail and luxury fashion, F&B, engineering, technology, media and entertainment. The group covers most areas of retail including luxury goods, beauty, fashion, home interiors, watches and jewellery. Operating over 300 outlets, Al Mana represents some of the largest and most successful brands in the world.