Leasing Executive

Client of Career Hunters; Kuwait City; On-site; KWD 18,000 - 30,000; Full time

Job summary

The Leasing Executive will support and execute the leasing strategy for the company's properties, focusing on maximizing occupancy, rental income, and profitability. You will work with AGM, BDCR, Legal, Finance and Property Management to ensure effective leasing and achievement of commercial objectives in Kuwait City.

Responsibilities include developing leasing plans, handling new lettings, renewals, negotiations, tenant relationship management, market research, and coordination across

Qualifications

• 5-6 years of experience in the real estate field.
• Bachelor's degree required.

Responsibilities

• Develop leasing strategy plans and practices to maximize occupancy and rental income.
• Assist in negotiations for new lettings, renewals and tenant agreements.
• Coordinate with Legal, Finance and Property Management to ensure compliant leasing processes.
• Build and maintain relationships with current and potential tenants to optimize occupancy and revenue.
• Conduct market research to inform budget forecasts and leasing decisions.

Education

Bachelor's degree in Real Estate/related field

Job description

The Leasing Executive will be responsible for supporting and executing the leasing strategy for the company s properties with primary responsibility for the company The role will focus on maximizing occupancy rental income and property profitability through the acquisition of quality tenants effective lease negotiations renewals and strong tenant relationship management The position will work closely with the AGM BDCR Legal Finance Property Management and other relevant departments to ensure efficient execution of leasing activities and achievement of commercial objectives

Key Responsibilities

Assist in the development of leasing strategy plans policies procedures and practices to ensure having a sustainable business and achieve the business development amp leasingSupport in the leasing amp tenancy operations leasing of new letting renewal negotiation expiration and handle leasing matters for the company sAssist in identifying potential clients as per the merchandize client mix strategy to maximize client occupancy and overallSupport in the assessment of the leasing proposals to ensure effective merchandize client mix is aligned with the planned positioning of the property and perform background check on the potential clients financialParticipate in negotiations with existing potential clients for leasable space and make recommendations on preferred locations for senior Management decisionAnalyze market trends and conduct market research to assist the Manager to prepare the overall budget forecast for income and expenditure for theEnsure that the forecast is in line with company objectives Supervise the handover amp takeover of leasedDevelop and maintain the database of potentialManage update the call visit log ensuring that calls are responded to in a givenAssist in lease renewal and store closure negotiations and take necessary corrective actions in liaison with the legalCoordinate with legal advisors Finance Department for reviewing the leasing agreement to ensure it is clearly documented and meets the legalExecute all leasing operations in compliance with the leasing procedures to fulfill businessReview and recommend corrective actions based on leasing activity actual to budgetAssist your line manager in monitoring and reviewing the performance of the company against key performance indicators and highlight any variances toAttend leasing update meetings and provide detailed status updates to your lineReceiving visitors or prospective clients in the company s management office and offering leasing solutions as per their requirement Develop review and maintain a database of all past current and potential clients corporate and key clients by utilizing existing tools andManage update the call visit log ensuring that calls are responded in a givenSupport in the preparation of business development strategic plans growth strategies new market entry strategies and strategic alliances in line with the vision mission and strategic objectives of theTo assist in increasing the leased space by potential existing clients in Tower or Shopping center to maximize the revenue for theAssist in building the brand by bringing fresh new-to-market offerings and products to the property that will excite and engage theSupport with the updating of contact information when neededGather market intelligence and utilize the market research for ongoing and future projects to contribute to the assessment of the opportunities and proactively plan to exploreAssist in identifying and developing potential business opportunities to meet tangible objectives and targets and to maximize and sustain revenue andMaintain good relationships with the current clients key clients and retailers to sustain and prosper the business relationships and expand existingResearch the market to evaluate the current rates and provide reports to the management and acquire new clients for the business Requirement open for Kuwaiti nationalsExperience 5-6 yrs in the real estate fieldBachelors Degree Required