Retail Leasing Executive

Role Summary

• The Leasing Executive will support the expansion of GMG’s retail footprint by assisting in property acquisitions, tenant relations, and leasing documentation.
• This role is crucial for identifying potential leasing opportunities, negotiating favorable leasing terms, and collaborating with various departments to align leasing activities with GMG's business objectives.
• The Leasing Executive will liaise with developers, landlords, and internal teams to ensure smooth leasing operations while staying informed of property market trends and regulations.
• Key Success Drivers including Accountabilities and Responsibilities
• Assists in scouting for property acquisition opportunities for new store development / retail expansion across existing and new territories
• Assists in identifying domestic / regional retail projects in the GCC and other identified / target countries
• Collaborates with Business Units within GMG to understand and facilitate business requirements, to ensure alignment with the project strategy and commercial goals
• Liaises with developers/landlords, and negotiates terms and conditions of leasing agreements for smaller accounts for the purpose of obtaining the best rates
• Responds to tenants’ enquiries and complaints, and ensures that it is resolved in a timely manner
• Reviews leasing documents and highlights any exceptions to the management, to ensure corrective actions are in place
• Coordinates with the Legal function for any matters related to leasing, to ensure that leasing activities are in compliance with GMG’s statutory and legal requirements
• Coordinates with the Finance team for payment of rentals or any other related financial issues
• Compiles, maintains, and updates information related to leasing, and provides regular reports to the Leasing Manager, whenever required
• Keeps abreast knowledge about leasing rates, property laws, changes in any rules and regulations, and communicates it with GMG’s business units in a timely manner
• Acts a focal point of contact between GMG’s Business Units and developers/landlords for leasing related matters

Functional/Technical Competencies

• Leasing and Negotiation: Strong ability to negotiate and understand leasing terms.
• Market Knowledge: Awareness of current leasing rates, property laws, and market trends.
• Relationship Management: Proficient in managing tenant relationships and resolving issues diplomatically.
• Documentation and Compliance: Familiar with leasing documentation, legal compliance, and financial coordination.

Educational Qualifications

Experience