Assistant Manager-Leasing
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Key Responsibilities
Leasing
⢠Identify and approach prospective tenants across key retail categories, including F&B, fashion, services, entertainment, and convenience retail.
⢠Build and maintain strong relationships with retailers, brokers, and leasing agents.
⢠Conduct market research to identify emerging brands and leasing trends.
⢠Develop and maintain a robust tenant pipeline for existing and upcoming projects.
⢠Attend industry events and networking functions to expand market contacts.
Lease Negotiation and Deal Closure
⢠Lead lease negotiations in accordance with approved commercial terms and company policies.
⢠Prepare and present leasing proposals, offers, and recommendation memos.
⢠Coordinate internal approvals for commercial and legal terms.
⢠Ensure timely execution of lease agreements and related documentation.
⢠Monitor deal progress from initial discussions through lease signing.
Tenant Mix and Strategy
⢠Support the development and implementation of tenant mix strategies.
⢠Evaluate tenant performance and recommend renewals, relocations, expansions, or replacements.
⢠Analyze category gaps and identify opportunities to enhance customer experience and asset performance.
⢠Work closely with Asset Management and Operations to align leasing with asset objectives.
Financial Analysis and Reporting
⢠Analyze rental benchmarks, turnover data, and market comparables.
⢠Prepare financial models, rent proposals, and revenue forecasts.
⢠Monitor occupancy levels, leasing status, and budget performance.
⢠Prepare regular leasing reports and presentations for senior management.
Coordination with Internal Departments
⢠Liaise with Legal, Finance, Property Management, Design, and Fit-Out teams.
⢠Coordinate handover and fit-out processes for new tenants.
⢠Ensure compliance with company standards and lease obligations.
Relationship Management
⢠Maintain strong working relationships with existing tenants.
⢠Address tenant requests related to renewals, expansions, and commercial matters.
⢠Support retention initiatives and long-term partnerships.
Qualifications
⢠Bachelorās degree in Business Administration, Real Estate, Marketing, or a related field.
⢠Professional qualifications in real estate or leasing are an advantage.
Experience
⢠2ā3 years of experience in retail leasing within shopping malls, mixed-use developments, or commercial real estate.
⢠Proven track record in negotiating and closing lease transactions.
⢠Strong relationships with local and regional retail brands.
⢠Experience with community malls, destination malls, and street retail is preferred.
Technical Skills
⢠Strong financial and commercial analysis skills.
⢠Proficiency in Microsoft Excel and PowerPoint.
⢠Experience with leasing/property management systems such as Yardi is preferred.
⢠Knowledge of retail market trends and tenant requirements.
Competencies
⢠Negotiation and influencing skills
⢠Relationship management
⢠Commercial acumen
⢠Analytical thinking
⢠Communication and presentation skills
⢠Attention to detail
⢠Time management and organization
⢠Problem-solving
Requirements
- ā¢Bachelor's degree in Business Administration, Real Estate, Marketing, or related field.
- ā¢2-3 years of experience in retail leasing.
- ā¢Proven track record in negotiating and closing lease transactions.
- ā¢Strong relationships with local and regional retail brands.
- ā¢Proficiency in Microsoft Excel and PowerPoint.
- ā¢Strong financial and commercial analysis skills.
Nice to Have
- ā¢Professional qualifications in real estate or leasing.
- ā¢Experience with community malls, destination malls, or street retail.
- ā¢Experience with Yardi or similar leasing/property management systems.
- ā¢Knowledge of retail market trends and tenant requirements.
Responsibilities
- ā¢Identify and approach prospective tenants.
- ā¢Build and maintain strong relationships with retailers and brokers.
- ā¢Conduct market research for emerging brands and trends.
- ā¢Develop and maintain a tenant pipeline.
- ā¢Lead lease negotiations.
- ā¢Prepare leasing proposals and recommendation memos.
- ā¢Support tenant mix strategies.
- ā¢Analyze rental benchmarks and market comparables.
- See if your CV survives DAMAC Group's ATS filters
- Get AI-rewritten bullet points
- Download Gulf-ready CV
60 seconds. $3.99 one-time.
DAMAC Group is a prominent luxury real estate developer in the Middle East, with a focus on high-end residential, commercial, and leisure properties. It serves affluent customers seeking premium living and hospitality ex
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