Assistant Manager (Retail & Leasing) - RAK Properties

Qureos Inc; Abu Dhabi; On-site; AED 120,000 - 160,000; Full time

Job summary

A real estate management company in Abu Dhabi is seeking a Leasing Manager to drive growth and profitability through expert property leasing and tenant relations. The role involves negotiating leases, managing tenant relationships, conducting market analysis, and overseeing lease documentation. A minimum of 5 years in real estate is required, along with strong negotiation skills and market knowledge. Competitive salary is offered.

Qualifications

• Minimum of 5 years of experience in leasing, property management, or real estate sales.
• At least 2 years in a senior or leadership role.
• Proven track record of successful lease negotiations and portfolio management.

Responsibilities

• Lead and manage the negotiation of leasing terms with tenants.
• Maintain strong relationships with existing and prospective tenants.
• Conduct market research to identify trends and opportunities.
• Oversee lease documentation and ensure execution.
• Collaborate with marketing teams to promote available properties.
• Manage a portfolio of properties to meet targets.
• Provide regular reports on leasing performance.
• Ensure all activities comply with local regulations and policies.
• Develop strategies to maximize rental income.
• Mentor and guide junior leasing staff.

Skills

Strong understanding of local real estate market trends

Exceptional negotiation skills

Communication skills

Interpersonal skills

Ability to analyze market data

Proficiency in Microsoft Office Suite

Knowledge of property laws

Education

Bachelor’s degree in Real Estate, Business Administration, Finance, or a related field

Professional certifications such as RERA certification, Certified Leasing Specialist

Tools

Property management software

CRM tool

Job description

Overview

Job Objective : To leverage extensive experience in property leasing and negotiation to drive the growth and profitability of the company, while maintaining high standards of customer service and tenant relations. Seeking to utilize expertise in market analysis, lease structuring, and contract management to support strategic leasing initiatives and contribute to the overall success of the organization

Responsibilities

• Lease Negotiation and Management: Lead and manage the negotiation of leasing terms with tenants, ensuring agreements align with company policies and market conditions.
• Tenant Relations: Maintain strong relationships with existing and prospective tenants, addressing their needs and concerns promptly to ensure tenant satisfaction and retention.
• Market Analysis and Strategy: Conduct market research to identify trends and opportunities, and develop strategies to optimize leasing opportunities for both commercial and residential properties.
• Lease Administration: Oversee lease documentation, including drafting, reviewing, and ensuring accurate execution of lease agreements. Track lease expirations and renewals.
• Property Marketing: Collaborate with marketing teams to promote available properties, including preparing advertising materials and coordinating with brokers.
• Portfolio Management: Manage a portfolio of properties, ensuring they meet financial and occupancy targets while adhering to company policies.
• Reporting: Provide regular reports on leasing performance, occupancy rates, and market conditions to senior management.
• Compliance and Legal: Ensure all leasing activities comply with local regulations, property laws, and company policies.
• Revenue Generation: Develop strategies to maximize rental income and reduce vacancies, while meeting the company’s overall financial goals.
• Team Leadership: Mentor and guide junior leasing staff, fostering a collaborative and results-driven environment.
• Perform other tasks that are closely related to the position, as assigned by the Line Manager / HOD.
• Ensure compliance with the company’s policies, rules and procedures related to Health, Safety and Environmental Management.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Educational Background

• Bachelor’s degree in Real Estate, Business Administration, Finance, or a related field.
• Professional certifications (e.g., RERA certification, Certified Leasing Specialist) are a plus

Experience Requirement

• Minimum of 5 years of experience in leasing, property management, or real estate sales, with at least 2 years in a senior or leadership role.
• Proven track record of successful lease negotiations and portfolio management.

Skill Sets

• Strong understanding of local real estate market trends, leasing practices, and property laws.
• Exceptional negotiation, communication, and interpersonal skills.
• Ability to analyze market data and financial reports to develop strategic leasing plans.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint), property management software, and CRM tool