drjobs Vice President Retail Leasing العربية

Vice President Retail Leasing

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1 Vacancy
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Jobs by Experience drjobs

10 - 13 years

Job Location drjobs

Abu Dhabi - UAE

Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Nationality

Any Nationality

Gender

Male

Vacancy

1 Vacancy

Job Description

  • Provide input to the tenant mix strategy
  • Support the Retail Asset management team in valuation assumptions related to new projects
  • Support in deal origination and negotiation on a strategic leasing basis
  • Assist in sourcing and securing anchor and ancillary tenants
  • Work with the Retail Delivery Team to ensure that the shops open on time
  • Provide monthly update reports to the Senior manager Retail Leasing
  • Develop and implement a sourcing tenants' strategy
  • Negotiate prices within/above range agreed with the Director - Retail Leasing
  • Issue lease proposals to potential tenants
  • Obtain supporting documents for the lease processes such as trade license, passport copy, Power of Attorney, Article of Association etc.…required to draft Leases/Licenses until the signing of the lease documents and paying of all monies due (rent, service charges, marketing fees, deposits, fit out deposit etc.)
  • Track lease expiries and initiate lease renewals six months in advance
  • Support in the execution of the leasing plan, with the goal of maximizing value creation and improving the tenant mix
  • Prepare annual budgetary review of the asset and recommend adjustment to market conditions if required
  • Assess leasing issues on an on-going basis and recommend strategies to mitigate risk
  • Be proactive to identify issues that may have meaningful economic consequences and work on finding solutions
  • Maintain a comprehensive understanding of regional retailers and their portfolios
  • Originate and expand relationships with Middle East regional retailers
  • Work collaboratively with the various stakeholder teams and executive management, as appropriate
  • Initiate and oversee legal proceedings where legal action is required relating to tenancies
  • Coordinate with Retail Delivery Team the design, graphics and fit out of retail units.
  • Ensure CRM system meets Retail Leasing needs and liaise with IT/ERP on platform maintenance and update
  • Assist peers in leasing activities with their projects

Qualification And Experience

  • Bachelor’s degree in Urban Estate Management, Business Administration , ICSC or equivalent is preferred

RELATED YEAR OF EXPERIENCE:

  • Min of 10+ years of related experience in Retail Leasing

Employment Type

Full-time

Department / Functional Area

Administration

Key Skills

About Company

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