Assistant Manager, Leasing

Hongkong Land (Singapore) Pte Ltd; Singapore; On-site; SGD 50,000 - 90,000; Full time

Job summary

Hongkong Land (Singapore) Pte Ltd is seeking an Assistant Manager, Leasing to support leasing and marketing for its retail and commercial portfolio in Singapore. The role involves proactive asset management, budgeting, and re-forecasting with emphasis on occupancy and yield optimization.

The successful candidate will engage tenants and representatives, develop leasing strategies, track performance, and collaborate with Facilities, Finance, and Marketing teams to enhance tenant experience and

Qualifications

• At least 5 years relevant experience in retail marketing and leasing.
• Registered as Salespersons under the Estate Agents Act (EAA) or RES examination equivalent is advantageous.
• Develop and implement leasing strategy and tenant mix for retail properties to achieve maximum occupancy and income.

Responsibilities

• Develop and implement leasing strategy and tenant mix for retail properties to achieve maximum occupancy and income.
• Manage existing tenancies and maintain landlord-tenant relationships.
• Review lease proposals and provide recommendations.
• Engage in negotiations to secure leasing deals and ensure proper lease documentation.

Skills

Retail leasing experience

Retail marketing

Networking with tenants and agents

Tenant relations

Negotiation skills

Education

Real estate salesperson qualification (EAA/RES)

Tools

Lease management system

Job description

We are seeking a detail-oriented and proactive Assistant Manager, Leasing to join our dynamic team in Singapore. The ideal candidate will support the leasing and marketing functions of the retail and commercial portfolio under Hongkong Land. Execute strategic asset management strategies for the commercial portfolio assigned by pro-actively engaging tenants and shareholders’ representatives to establish long-term business relationships, maximizing occupancy and yield of the portfolio. The individual will involve in the budgeting and re-forecasting exercises and provide necessary analysis of the portfolio.

Key Responsibilities

Leasing and Marketing

• At least 5 years relevant experience in retail marketing and leasing.
• Candidates who are registered as Salespersons under the Estate Agents Act (EAA) or possess qualifications equivalent to Real Estate Salesperson (RES) examination will have added advantage.
• Develop and implement leasing strategy and tenant mix for retail properties to achieve maximum occupancy rate and income for portfolio.
• Manage existing tenancies and establish/maintain good landlord-tenant relationships
• Review lease proposals received and put forth recommendations
• Strong networking channels with tenants and agents
• Prepare and analyse monthly tenants’ sales performance report and work with tenants to improve revenue
• Ensure above-budget rent and competitive optimal lease terms for new or renewing tenants are achieved
• Engage in negotiations to secure leasing deals and facilitate the proper execution of necessary leasing documents - from managing leasing enquiries to completion of lease documentation and ensure compliance with company operating procedures.
• Lease preparation and administration in accordance with company operating procedures
• Proactive in obtaining market research data and rental competition etc.
• Work with Facilities Management and Finance team to ensure smooth day-to-day operations of the portfolio and good tenants’ experience – to highlight any opportunities to improve property performance
• Work with the Marketing team to enhance the awareness of branding of the mall, and the planning and execution of the advertising and promotional campaigns in the mall
• Monitor and review leasing & marketing operations and ensure proper policies and procedures are followed
• Property Tax related matters
• Track rental arrears, update credit control report bi-monthly and follow up with tenant on any rental arrears and to initiate necessary action to recover any arrears

Data, Innovation and Technology

• Track technological trends in the real estate and other related spaces and propose solutions to improve efficiency and performance.
• Experience in using Lease management system.

Others

• Supervise and lead junior leasing/marketing personnel
• Other projects/tasks as requested depending on business requirements