Job Description
Job Purpose
To lead all aspects of a Project Leasing program through utilization of market knowledge and industry contacts to maximize rental income and deliver sustainable schemes.
Job Responsibilities
Description:
- Undertake preliminary market research studies to support project feasibility.
- Prepare project packages to support the leasing program.
- Using available data and market knowledge prepare the leasing plan and merchandise mix.
- Establish and grow a contact network of tenants through frequent communication and meetings.
- Develop and maintain a database of potential tenants including specific brand requirements, preferred adjacencies and special conditions.
- Ensure awareness and understanding of existing and future projects in the market enabling leasing strategies to be adapted for best results.
- Prepare weekly leasing progress report.
- Compile tenant packs for consideration by the Leasing Committee.
- Monitor project progress against key milestones and keep the tenants advised accordingly in turn ensuring mitigation strategies are invoked in the event of default.
- Oversee the preparation and conclusion of leasing documents in accordance with Company Policy and Legal requirements.
- Work with Lease Administration to ensure remittance of rental cheques and other associated fees and costs pursuant to the Lease.
- Seek to ensure occupancy levels at existing assets remain at 100% through proactive asset management, liaison with Mall teams and awareness of lease expiry timelines.
- Provide guidance to the Team, assign workload and deliver appropriate training and mentorship to enable them to perform their duties at an optimal level.
Reports:
- Weekly leasing progress.
- Monthly project overview including leasing progress, financial targets, key tenant updates and risk register.
Key Interaction / Stakeholders
Internal:
- Marketing
- Legal
- Finance
- Engineering
External:
Existing and prospective tenants
Real Estate network
Land owners
Skills
Qualifications, Skills & Competencies
Experience & Qualification
- Bachelor’s degree in Real Estate, Business Administration or equivalent
- 7+ years Real Estate experience (Major Landlord / Developer or Retail Group).
- MS Office experience
- Excellent Arabic and English skills
Abilities & Skills:
- Good leadership skills
- Strong presentation and communication skills
- Excellent negotiation skills combining commercial acumen with real estate knowledge.
- Analytical ability – capable of interpreting financial documents and reports together with research documents.
- Real Estate market understanding and ability to identify trends.
Competencies:
- Customer focused.
- Results orientated.
- Build and maintain relationships.
- Problem solving & decision making
Job Details
- Job Location
- Al Kuwait Kuwait
- Company Industry
- Real Estate
- Company Type
- Employer (Private Sector)
- Job Role
- Sales
- Employment Type
- Full Time Employee
- Monthly Salary Range
- Unspecified
- Number of Vacancies
- 1
Preferred Candidate
- Years of Experience
- Min: 5
- Nationality
- All Arab Countries; All Eastern European Countries; All Western European Countries; Türkiye
- Degree
- Bachelor's degree / higher diploma
- Age
- Min: 26 Max: 47
