Assistant Manager, Leasing

HONGKONG LAND (SINGAPORE) PTE. LTD.; Singapore; On-site; SGD 70,000 - 100,000; Full time

Job summary

Hongkong Land (Singapore) Pte. Ltd. is seeking a detail-oriented Assistant Manager, Leasing to join our dynamic team in Singapore.

The role supports leasing and marketing for the retail and commercial portfolio, participates in budgeting and forecasting, and analyzes portfolio performance to maximize occupancy and yield. You will develop leasing strategies, manage tenancies, negotiate deals, prepare documentation, and collaborate with Facilities, Finance and Marketing teams to deliver

Qualifications

• Minimum 5 years in retail leasing/marketing.
• EAA Salesperson registration or RES equivalent is preferred.
• Ability to develop leasing strategy and tenant mix.
• Experience in budgeting, forecasting, and performance analysis.
• Strong networking with tenants and agents.

Responsibilities

• Develop and implement leasing strategy to maximize occupancy and income.
• Manage existing tenancies and maintain landlord-tenant relations.
• Evaluate lease proposals and provide recommendations.
• Negotiate leasing deals and prepare lease documents.
• Coordinate with Facilities, Finance and Marketing teams.
• Monitor rent performance and ensure timely reporting.
• Lead junior leasing/marketing staff.
• Conduct market research and track rental trends.
• Oversee property tax matters.

Skills

Leasing strategy

Tenant relations

Negotiation

Market research

Team leadership

Budgets & forecasting

Education

Real Estate Salesperson (RES) or EAA registration

Tools

Lease management system

Job description

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

Financial Management

• 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