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Assistant Manager-Leasing

DAMAC Properties
Dubai, UAE
fulltime
Mid-Senior
1 months ago
LeadershipStrategic PlanningBudgetingTeam ManagementPerformance ManagementProject Management
Free

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LeadershipStrategic PlanningBudgeting
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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

  • Bachelor’s degree in Business Administration, Real Estate, Marketing, or a related field.
  • Professional qualifications in real estate or leasing are an advantage.

Experience

  • 2–3 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

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