Leasing & Retail Manager

RAK Properties

UAE

Ref: QP868-20

Job description / Role

Employment: Full Time

Reporting to: Director of Marketing & Sales (DMS)

Job Objective: To ensure adequate and effective support is available to Lease out and Rent out all the required assets/property units with maximum efficiency, accuracy and expediency.

Key Responsibilities:
• Ensure achievement of performance against leasing targets. Review the progress of the same, with direct reports on a daily, weekly and monthly basis.
• Review the yearly Retail division plan and prepare the merchandising plan for the retail precincts. Prepare and execute, along with senior management, the strategy for the various retail precincts in accordance with the master merchandise plan.
• Ensure the successful leasing of retail and food and beverage outlets, in line with the commercial terms set out in the leasing budget, as well as the predetermined strategy.
• Ensure that the merchandising mix of tenants achieves the positioning of the project as a premier international destination for retail, F&B and leisure activity.
• Ensure that the leasing policy is strictly adhered to at all times.
• Perform and ascertain market intelligence in order to gain information that would lead to maximizing the mix and quality of the tenant representation within the project.
• Maintain strong relationships with tenants and trading houses in order to facilitate the addition of their concepts as part of the master strategy and to build and maintain relationships.
• Represent the company in the highest professional and ethical manner at all times.
• Assemble and update charts and diagrams, with regard to the Merchandising mix associated with the individual precincts.
• Create tenant profiles and accurate databases for each tenant category so as to facilitate information retrieval and ensure a proper follow-up.
• Assist the director in the negotiation and closure of individual leasing transactions. This involves a complete and detailed knowledge of the leasing contract and associated technical exhibits (construction exhibit, tenant criteria).
• Conduct presentations and site visits for prospective tenants in order to promote TPQ as a unique retail destination.
• Contribute to the team through inputs at various workshops related to leasing strategy, merchandising mix, tenant adjacency, precinct, tenant layering, and tenant bundling as well as issues associated with related design impacts.
• Co-ordinate with other relevant departments regarding changes in design and implications on retail outlets.
• Work with the tenant coordination team in transitioning from executed contracts through to the handover of tenant spaces and commencement of fit out, through to trading.
• Manage the Retail Leasing team on leasing transactions, follow-up on transactions and support the team in concluding deals. Interact with team on a daily basis through formal catch-up sessions to maintain the momentum of the leasing process.
• Any additional tasks assigned by department head.

Requirements

• Bachelor degree, preferably in the relevant field.
• The ideal candidates should have minimum 6-8 years of GCC/UAE experience in customer service field relevant to property/real estate development industry.
• Must have solid hands-on experience in leasing out commercial (office, retail, food and beverage shops/outlets etc.) and residential property units.
• Efficient in Communication.
• Problem Solving.
• Team Work.
• Organized & Pursuer.
• Good reasoning and analytical skills.
• Relevant Software experience.

About the Company

RAK Properties is one of the leading property development and tourism infrastructure firms in the UAE.

With proven excellence in a wide range of projects including mixed-use community developments, strategically placed retail shops, health spas and hotels, RAK Properties Public Joint Stock Company (PJSC) plays a central role in shaping the lifestyle of residents of the United Arab Emirates.

Founded in 2005 from the vision of His Highness Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, RAK Properties delivers high-quality and professionally managed projects that provides its customers with the highest level of service, while maximizing the value of their investments.

RAK Properties has sound capital of AED 2 Billion. The Initial Public Offering (IPO) of RAK Properties in early 2005 was over subscribed by almost 57 times. In its mission to lead the development of real estate and tourism infrastructure in Ras Al Khaimah. RAK Properties aims to attract foreign investors of repute to launch state of the art projects, including luxurious hotels, resorts and malls. In doing so, RAK Properties serves as a catalyst for a dynamic property market in both Ras Al Khaimah and the wider United Arab Emirates.

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Retail Manager salaries in UAE

Average monthly compensation
AED 16,500

Breakdown available for industries, cities and years of experience