Our client, a leading real estate developer in Saudi Arabia, is looking for an experienced Senior Leasing Manager to lead and develop its leasing function across a diverse portfolio of retail, office, residential and logistics developments.
Based in Al Khobar, the successful candidate will be responsible for driving leasing performance, developing commercial leasing strategies and establishing structured leasing processes to support the company's growing development portfolio. The role will have a particular focus on retail leasing, tenant mix development, direct engagement with major retailers and brands, and negotiating commercial lease agreements to maximise occupancy and rental income.
Key Responsibilities
- Lead and develop the leasing function, establishing structured processes, workflows, reporting systems and pipeline management practices.
- Develop and execute retail leasing strategies, including tenant mix planning, retailer targeting, direct brand engagement and lease negotiations.
- Drive leasing activities across retail, office, residential, warehouse and logistics assets, achieving approved occupancy and commercial targets.
- Build and maintain strong relationships with retailers, F&B operators, corporate occupiers, brokers and leasing consultants.
- Manage external leasing agents and consultants, establishing clear scopes of work, KPIs and performance expectations.
- Develop and maintain leasing plans, forecasts and market intelligence covering rental benchmarks, incentives, occupancy levels and conversion rates.
- Work closely with Development, Investment, Marketing, Finance, Legal and Property Management teams to align leasing strategies with project requirements and business objectives.
- Provide leasing and occupier input into development planning, unit mix, layouts, tenant requirements and project positioning.
- Lead and develop the internal leasing team, setting objectives and driving performance across the portfolio.
- Ensure leasing activities comply with company policies, approval processes, contractual requirements and applicable Saudi real estate regulations.
- Represent the company at relevant industry events and strengthen market relationships to generate new leasing opportunities.
Requirements
- Bachelor's degree in Real Estate, Business Administration, Finance, Marketing or a related discipline.
- 8–12 years of relevant leasing and commercial real estate experience in Saudi Arabia.
- Previous experience working directly for a real estate developer or development-led organisation is essential.
- Strong retail leasing experience, including exposure to major shopping malls, retail destinations or mixed-use developments.
- Proven experience in direct retailer and brand engagement, tenant mix strategy, commercial lease negotiations and leasing pipeline management.
- Experience managing leasing agents, external consultants and internal teams, with the ability to establish effective leasing processes and reporting structures.
- Strong commercial understanding of rental performance, occupancy targets, market intelligence and leasing forecasts.
- Experience in office leasing is advantageous, while residential and logistics leasing exposure would be beneficial.
- Excellent negotiation, stakeholder management, relationship-building and leadership skills.
- A postgraduate qualification in Real Estate, Business or a related field, or a recognised professional qualification such as RICS, would be an advantage.
For a confidential discussion, please contact:
Nouf Alotaibi
nouf.alotaibi@mrgglobal.com