
Website Dulsco
Job Description:
A highly talented Retail Leasing Director for a prestigious shopping mall based in Dubai. The ideal candidate should possess relevant experience in a Leasing Manager / Director capacity within shopping malls in the GCC with an emphasis on Business Development.
Job Responsibilities:
- Receive and approve retail concept design from Tenant to Mall Operations in compliance with the Mall Standards and requirements. Discuss with Tenant and make recommendations for improvement when necessary.
- Closely coordinate with Operations Department and meet regularly to discuss ongoing fit-out progress, strategic planning and implementation of new retail concepts according to the time frame set.
- Assist Tenants in transitioning from executed contracts to the handover of premises and commencement of fit-out. Monitor any delays during fit-out construction period.
- Lead clients and negotiate qualified deals from inception to final execution. Negotiate new/ renewal leases with Retail tenants, amending terms and conditions as necessary.
- Manage client’s portfolio and maintain/develop good relations with tenants. Become a main point of contact in negotiations with existing tenants and new prospective clients.
- Develop leasing plan to identify and target new prospective clients. Prepare and execute strategy for the various retail areas in accordance with Mall requirements. Keep track on future market trends.
- Evaluate tenant mix regularly and enhance standards.
- Conduct presentation meetings with prospective and existing clients while promoting the mall as a unique retail destination.
- Set new lease rates and renewal rates in consultation with General Manager.
- Finalize new and renewal leases with Tenant/Tenant’s legal department/representative if necessary.
- Coordinate with Marketing dept. and re-market empty properties (residential, commercial and retail).
- Organize and attend meetings with tenants when necessary.
- Prepare monthly status report for the properties: rental, occupancy, vacating notice and payment plan.
- Prepare the yearly budget for Leasing Department in consultation with Property General Manager and other Departmental Managers.
- Manage debt collection staff, discuss weekly progress report.
- Maintain and update SOP for all leasing procedures within Leasing Department.
- Recruit and train new Leasing staff when necessary.
Job Requirements:
- Strong working knowledge within retail leasing with a proven track record in leasing large retail areas to high profile brands
- Strong negotiation skills
- Competent commercial and market awareness
- Excellent relationship building skills
- Knowledge of market trends and regional competitor activity
- Adept at Dubai Tenancy laws
Qualification & Experience:
- 8+ years of experience in a retail setting particularly large shopping malls
- 5+ years of senior level leadership experience within shopping malls
- A University Degree preferably in Business Administration
Job Details:
Company: Dulsco
Vacancy Type: Full Time
Job Location: Dubai, UAE
Application Deadline: N/A
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