Dulsco Job Vacancies – Director of Retail Leasing

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

Apply Here

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