VP Retail Leasing

Job Responsibilities

1. Provide input to the tenant mix strategy
2. Support the Retail Asset management team in valuation assumptions related to new projects
3. Support in deal origination and negotiation on a strategic leasing basis
4. Assist in sourcing and securing anchor and ancillary tenants
5. Work with the Retail Delivery Team to ensure that the shops open on time
6. Provide monthly update reports to the Senior manager Retail Leasing
7. Develop and implement a sourcing tenants' strategy
8. Negotiate prices within/above range agreed with the Director - Retail Leasing
9. Issue lease proposals to potential tenants
10. 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.)
11. Track lease expiries and initiate lease renewals six months in advance
12. Support in the execution of the leasing plan, with the goal of maximizing value creation and improving the tenant mix
13. Prepare annual budgetary review of the asset and recommend adjustment to market conditions if required
14. Assess leasing issues on an ongoing basis and recommend strategies to mitigate risk
15. Be proactive to identify issues that may have meaningful economic consequences and work on finding solutions
16. Maintain a comprehensive understanding of regional retailers and their portfolios
17. Originate and expand relationships with Middle East regional retailers
18. Work collaboratively with the various stakeholder teams and executive management, as appropriate
19. Initiate and oversee legal proceedings where legal action is required relating to tenancies
20. Coordinate with Retail Delivery Team the design, graphics and fit out of retail units
21. Ensure CRM system meets Retail Leasing needs and liaise with IT/ERP on platform maintenance and update
22. 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