Assistant Manager (Retail & Leasing) - RAK Properties

Qureos Inc; Ras Al Khaimah; On-site; AED 120,000 - 150,000; Full time

Job summary

A property management company in Ras al-Khaimah is seeking a skilled leasing manager to lead lease negotiations and maintain strong tenant relations. The ideal candidate will have over 5 years of experience in the real estate sector, with proven success in managing property portfolios and optimizing leasing strategies. Additionally, the role requires a strong understanding of market trends and exceptional negotiation skills. This position offers an opportunity to contribute to the company's growth and success while ensuring high tenant satisfaction.

Qualifications

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

Responsibilities

• Lead and manage lease negotiation and management.
• Maintain strong relationships with tenants for satisfaction and retention.
• Conduct market research to identify trends and develop strategies.
• Oversee lease documentation and execution.
• Collaborate with marketing to promote properties.
• Manage a portfolio meeting financial and occupancy targets.
• Provide reports on leasing performance.
• Ensure compliance with regulations and company policies.
• Develop strategies to maximize income.
• Mentor junior leasing staff.
• Ensure compliance with Health and Safety Management.

Skills

Market analysis

Negotiation

Tenant relations

Communication

Property laws

Education

Bachelor's degree in Real Estate or related field

RERA certification

Tools

Microsoft Office Suite

Property management software

CRM tool

Job description

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

Key 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 companys overall financial goals.
• Team Leadership: Mentor and guide junior leasing staff fostering a collaborative and resultsdriven environment.
• Perform other tasks that are closely related to the position as assigned by the Line Manager/HOD.
• Ensure compliance with the companys 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

• Bachelors 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