Senior Manager, Leasing

Majid Al Futtaim; Dubai; On-site; AED 500,000 - 900,000; Full time

Job summary

Majid Al Futtaim is seeking a Senior Manager, Leasing for MAF Properties, Asset Management UAE. The role centers on maximizing leasing revenue across the portfolio and guiding the Leasing team in adherence to SMBU standards.

The position requires 9–11 years in leasing within dynamic retail/real estate contexts, with strong leadership and client relationship management skills in the GCC region.

Qualifications

• Bachelor’s degree in Business Administration or equivalent is required.
• 9–11 years of progressive experience in leasing management in retail/Real Estate.
• Excellent communication, leadership and organizational abilities.

Responsibilities

• Maximize leasing revenue and lead the Leasing team for the portfolio.
• Review asset-level Leasing Plans and provide guidance per policies.
• Support 3-year asset plans and oversee strategy execution.
• Prepare agreements, negotiate contracts and manage renewals.
• Contribute to leasing budgets and obtain SMBU Head of Leasing approval.
• Manage tenant relationships and pursue new tenants; escalate issues as needed.

Skills

Communication skills

Leadership skills

Organization

Education

Bachelor’s degree in Business Administration or equivalent

Job description

JOB TITLE

Senior Manager, Leasing | MAF Properties | Asset Management UAE

ROLE SUMMARY

The position is mainly responsible to manage and maximize leasing revenue for the assigned portfolio, ensuring implementation of best practices defined by the Senior Manager Business Unit Corporate Leasing and overseeing performance of Leasing team, and managing key tenant relationships.

ROLE PROFILE

• Accountable for maximizing leasing revenue for the assigned portfolio, ensuring implementation of best practices defined by SMBU Corporate Leasing and overseeing performance of Leasing team, and managing key tenant relationships.
• Review asset-level Leasing Plans for the assigned portfolio based on leasing policies/procedures and guidelines set by SMBU Corporate Leasing and provide input and feedback to Leasing team based on guidelines and policies/ procedures communicated.
• Support Asset Management team in defining 3-year plan with short-mid-long terms plans and asset-level strategy and successful execution of leasing plans.
• Provide inputs and supervise Leasing team in preparing agreements, negotiating contracts, and managing lease renewals for the assigned assets.
• Provide inputs to the line manager for the development of leasing budgets and consolidate for submission to SMBU Head of Leasing for approval.
• Escalate major issues and concerns of leasing team to the line manager as appropriate for timely resolution.
• Manage relationships with major tenants and actively search for new tenants, coordinating with the line manager as necessary for guidance and advice.
• Provide inputs to feasibility studies as requested including estimated rental value and potential tenant mix.

REQUIREMENTS

• Bachelor’s degree in Business Administration or equivalent field.
• Minimum 9 – 11 years of progressive experience in managing all aspects of Leasing function in a highly dynamic organization, preferably Retail / Large Shopping Malls / major Real Estate in GCC or abroad.
• Excellent communication and organization skills.
• Excellent Leadership skills.

WHAT WE OFFER

• At Majid Al Futtaim, we’re on a mission to create great moments, to spread happiness, to build, experiences that stay in our memories for a lifetime. We’re proud to say that over the past 27 years, we have built a reputation as a regional market leader in what we do. Join us!
• Work in a friendly environment, where everyone shares positive vibes and excited about our future.
• Work with over 45,000 diverse and talented colleagues, all guided by our Leadership Model.