Retail Leasing Assistant Manager

Jumeirah; United Arab Emirates; On-site; AED 60,000 - 120,000; Full time

Job summary

A leading company in retail management is seeking an Assistant Manager - Leasing in the United Arab Emirates. The role involves preparing budgets, coordinating with teams for accurate rent collection, managing lease contracts, and sourcing prospective tenants. Ideal candidates will have a Bachelor's degree in Business Administration or a related field, along with thorough knowledge of retail market trends. This position promises significant engagement with stakeholders and dynamic market analysis.

Qualifications

• Thorough knowledge of retail market trends and intelligence.

Responsibilities

• Assist in preparation of budgets and provide input.
• Coordinate with collection team for timely payments.
• Perform general administrative duties.
• Support department proposals following guidelines.
• Coordinate legal department for contract preparation.
• Track lease contracts and maintain accurate records.
• Source prospective tenants and negotiate deals.
• Maintain lease document management system.
• Prepare regular performance reports.

Skills

Retail market knowledge

Communication skills

Budget preparation

Education

Bachelor’s Degree in Business Administration/Marketing or related field

Job description

DR_Retail Leasing.Assistant Manager - Leasing

United Arab Emirates

Job Description

AboutDubaiHoldingAssetManagement:

DubaiHoldingAssetManagement(DHAM)ownsandoperatesanextensiveportfolioof20landmarkretaildestinationsand15residentialcommunities.

TheGroupplaysafocalroleinshapingDubai'spositionasagloballeaderinbusiness,tourismandleisure,contributingtoitspositionasoneoftheworld'smostcovetedandsought-afterlivabledestinations.Fromhot-spotretaildestinationslikeBluewater's,JBR,SoukMadinatJumeirah,AlKhawaneejWalkandTheOutletVillagetopopularattractions,includingtheTheatreofDigitalArt,MadameTussauds,MuseumofIllusions,DubaiHoldingAssetManagement’sretaildestinationscaptivatemillionsofvisitorsandtouristseveryyear.

DubaiHoldingAssetManagement’sretaildestinationscollectivelyattractedover28millionvisitorsandhostedover75eventsacrosstheportfolio.DubaiAssetManagementmaintainsasubstantialpresenceinDubaiwithaleasingportfolioof15distinctresidentialcommunities,elevatingthecity’sglobalrecognitionasoneofthemostdesirableandlivabledestinationsworldwide.

AbouttheJob:

Wearelookingfora Assistant Manager - Leasing tojoinDubaiHoldingAssetManagement.Themaindutiesandresponsibilitiesofthisroleare:

• Assistinpreparationofbudgetsbyprovidingdueinputsonvariousfactorsincludingvacantunits,timelines,potentialterminations,non-renewalsetc.
• Coordinatewiththecollectionsteamforcollectionofrents,depositsandleasingfeestoensurepaymentsaremadeaccuratelyontime.
• Performgeneraladministrativedutiessuchasensuringdocumentsaresignedinatimelyfashion,settingupnewfiles,preparingroutinecorrespondence,etc.
• SupporttheHead,RetailLeasingandotherlinedepartmentstoensurethatallproposalsfornewtenantscomplywithcompanyguidelines,budgetsandhavereceivedappropriateapprovals.
• CoordinatewiththeLegaldepartmentforpreparationoftenancycontractstemplatesandformstoensurestandardizationofleasingdocumentswithintheframeworkofthefederallaw.
• Ensureleasecontractsareeffectivelytracked,producethesupportingdocumentationfornewleasesandleaserenewals,compileleasesummariesandliaisewithclientstoclarifyleasefortimelyapprovals.
• Sourceprospectivetenantsandgeneratenewleasingleadsandnegotiatequalifieddealsfrominceptiontofinalexecutionincludingsubmissionforreviewtotheleasingcommittee.
• Handleclientphysicalanddatabaseleasefilestoensurethattheleasefilescontainaccurateandup-to-daterecords.
• Ensuretheleasedocumentmanagementsystemiskeptuptodatewithallnewleasingdealsforspecificdevelopments.
• AssistinpreparingtimelyreportsforSeniorManagementreviewandanalysis.
• PreparememosandRAFsforcasejustificationandapprovalfromManagementasperDOA.
• Maintainaccuratesalesforcedata/inventoryandpreparationofaccurateleaseagreements.Ineventifleasepreparationisdonebysomeoneelse,tovalidateofdocumentsandagreements.
• Proactivelydevelopandmanagetherelationshipwiththeclienttoensureservicedeliveryexpectationsareexceeded.
• Prepareregularreports,withinspecifiedtimeframes,detailingpropertystatusandperformanceincludingrecommendationsonleasenegotiations.
• AssisttheSeniorLeasingManager/LeasingManagerindevelopingtenantandcustomerfocusedstrategiesthroughmonitoringcustomer,tenantandassetfeedback.
• Makefollow-upcallstoTenantwhohavenotrevertedtorenewalremindernotification.
• Conductadequatemarketanalysisoncompetitiveleasingtrendsandreporttomanagement.
• ConductpresentationsandsitevisitsforprospectivetenantsinordertopromoteDHAMretailprojects.

Whatwearelookingfor:

Theidealcandidateforthispositionwillhavethefollowingexperienceandqualifications:

• Bachelor’sDegreeinBusinessAdministration/Marketingoranyrelatedfieldpreferred
• Thoroughknowledgeofretailmarket/trends/intelligence