Key Responsibilities
Leasing Strategy & Execution
- Develop and implement leasing strategies to achieve occupancy, revenue, and tenant mix targets.
- Identify and secure new retail concepts, brands, and operators aligned with asset positioning.
- Lead negotiations for lease terms, commercial structures, and contractual agreements.
- Manage renewals, relocations, expansions, and re-gearing of existing tenants.
- Monitor leasing performance against budgets and KPIs.
Tenant Mix & Asset Enhancement
- Curate and optimize tenant mix to improve footfall, customer experience, and asset value.
- Conduct market research and competitor analysis to identify trends and opportunities.
- Collaborate with asset management and marketing teams to position retail assets effectively.
- Recommend repositioning strategies and leasing initiatives for underperforming areas.
Client & Stakeholder Management
- Maintain strong relationships with retailers, brokers, and leasing agents.
- Act as primary point of contact for key tenants and strategic brands.
- Coordinate with internal teams including Retail Delivery, Legal, Finance, and Property Management.
- Support senior management with leasing updates and strategic recommendations.
Financial & Commercial Management
- Achieve leasing revenue targets and optimize rental yields.
- Analyze financial proposals including rent structures, turnover rent, and incentives.
- Prepare leasing forecasts, budgets, and performance reports.
- Evaluate business cases and commercial viability of prospective tenants.
Documentation & Compliance
- Oversee lease documentation in coordination with legal teams.
- Ensure compliance with company policies, regulatory requirements, and leasing procedures.
- Monitor lease milestones, critical dates, and contractual obligations.
Key Performance Indicators (KPIs)
- Occupancy rate achievement
- Leasing revenue vs. budget
- Tenant retention rate
- Quality of tenant mix
- Deal closure timelines
- Portfolio NOI growth
Qualifications & Experience
- Bachelor’s degree in Business Administration, Real Estate, Finance, or related field.
- 8–12 years of retail leasing experience, preferably within shopping malls or mixed-use developments.
- Proven track record of closing leasing deals with regional and international brands.
- Strong understanding of retail market dynamics and commercial negotiations.
Skills & Competencies
- Advanced negotiation and commercial acumen
- Strong market knowledge and retailer network
- Financial analysis and deal structuring
- Stakeholder management
- Strategic thinking and problem solving
- Excellent communication and presentation skills
Preferred Experience
- Experience in large-scale retail destinations or developer portfolios.
- Exposure to GCC retail markets.
- Established relationships with key retail brands and franchise operators.