Search by job, company or skills

Damac Properties

Senior Manager-Retail Leasing

new job description bg glownew job description bg glownew job description bg svg
  • Posted 3 days ago
  • Be among the first 10 applicants
Early Applicant

Job Description

Key Responsibilities

JOB DESCRIPTION

Leasing Strategy & Execution

  • Develop and implement leasing strategies to achieve occupancy, revenue, and tenant mix targets.
  • Identify and secure new retail concepts, brands, and operators aligned with asset positioning.
  • Lead negotiations for lease terms, commercial structures, and contractual agreements.
  • Manage renewals, relocations, expansions, and re-gearing of existing tenants.
  • Monitor leasing performance against budgets and KPIs.

Tenant Mix & Asset Enhancement

  • Curate and optimize tenant mix to improve footfall, customer experience, and asset value.
  • Conduct market research and competitor analysis to identify trends and opportunities.
  • Collaborate with asset management and marketing teams to position retail assets effectively.
  • Recommend repositioning strategies and leasing initiatives for underperforming areas.

Client & Stakeholder Management

  • Maintain strong relationships with retailers, brokers, and leasing agents.
  • Act as primary point of contact for key tenants and strategic brands.
  • Coordinate with internal teams including Retail Delivery, Legal, Finance, and Property Management.
  • Support senior management with leasing updates and strategic recommendations.

Financial & Commercial Management

  • Achieve leasing revenue targets and optimize rental yields.
  • Analyze financial proposals including rent structures, turnover rent, and incentives.
  • Prepare leasing forecasts, budgets, and performance reports.
  • Evaluate business cases and commercial viability of prospective tenants.

Documentation & Compliance

  • Oversee lease documentation in coordination with legal teams.
  • Ensure compliance with company policies, regulatory requirements, and leasing procedures.
  • Monitor lease milestones, critical dates, and contractual obligations.

Key Performance Indicators (KPIs)

  • Occupancy rate achievement
  • Leasing revenue vs. budget
  • Tenant retention rate
  • Quality of tenant mix
  • Deal closure timelines
  • Portfolio NOI growth

Qualifications & Experience

  • Bachelor's degree in Business Administration, Real Estate, Finance, or related field.
  • 812 years of retail leasing experience, preferably within shopping malls or mixed-use developments.
  • Proven track record of closing leasing deals with regional and international brands.
  • Strong understanding of retail market dynamics and commercial negotiations.

Skills & Competencies

  • Advanced negotiation and commercial acumen
  • Strong market knowledge and retailer network
  • Financial analysis and deal structuring
  • Stakeholder management
  • Strategic thinking and problem solving
  • Excellent communication and presentation skills

Preferred Experience

  • Experience in large-scale retail destinations or developer portfolios.
  • Exposure to GCC retail markets.
  • Established relationships with key retail brands and franchise operators.

More Info

Job Type:
Industry:
Employment Type:

About Company

Job ID: 145330099