Leasing Manager - Corporate Real Estate

Overview

Identify, negotiate and manage commercial property leases for group companies.

Key Responsibilities

• lease negotiation
• market research
• lease analysis
• reporting
• database management
• stakeholder coordination

Tasks

-Collaborate with facilities management to ensure internal companies requirements are met, including requests for space modifications or improvements and fit- outs. -Finalize agreements and secure new locations that align with the company’s strategic growth plan. -Liaise with respective group occupants and initiate renewal process 120 days before the lease expiry date. -Identify and research potential areas for new locations based on defined business needs for the respective Group companies and check expansion strategies. -Provide regular reports on market conditions, competitive analysis, and lease performance. -Engage with landlords or property owners to negotiate favorable lease terms (rent, lease duration, renewal options, payments etc. based on the market rates and trends. -Ensure to conduct a thorough analysis of all existing location leases, including lease terms, rent escalation clauses, renewal options, and overall location performance. -Maintain a database of potential future locations for future growth opportunities. -Coordinate with the respective company’s finance team to ensure the accuracy of lease payment schedules, rent rolls, and CAM (Common Area Maintenance) charges paid. -Develop and maintain strong relationships with landlords/ property owners to ensure high customer service levels to the Group companies. -Coordinate with legal teams to ensure that lease agreements align with company goals and legal requirements. -Conduct market research to assess leasing opportunities and pricing for commercial spaces and validate lease renewals. -Lead the preparation and execution of lease agreements, including terms, rent schedules, and escalation clauses. -Liaise with respective company PROs to get the clearance from the required local authorities. -Manage lease negotiations for new and renewal leases across the corporate real estate portfolio. -Ensure to provide recommendations on lease renewals, relocations, or terminations based on business needs, validation with RERA or local market trends of the Emirate. -Work with legal teams to mitigate risks associated with lease agreements. -Prepare and present detailed reports on the performance of existing locations and renewal recommendations. -Ensure all leasing activities comply with local, state, and federal regulations. -Act as the primary point of contact with landlords/ property owners, addressing any leasing or space-related concerns. -Conduct market research to identify emerging communities, growth corridors, and high-potential commercial zones. -Maintain accurate records of lease terms, amendments, and other contractual documents. -Recommend leasing strategies based on market trends, vacancy rates, and other relevant factors. -Collaborate with internal teams, including legal, finance, and facilities, to ensure that lease terms meet the company's objectives. -Evaluate the suitability of various properties by considering factors like size, layout, accessibility, zoning, and potential for foot traffic or customer access. -Review and analyze lease documents to ensure compliance with corporate policies and local regulations.

Requirements

• microsoft office
• 10+ years
• property tech
• problem solving
• real estate
• english

What You Bring

-Competent in Microsoft Office Software -10+ years in Property Management and Leasing managing similar portfolio -Competent in Property Management technology systems and software -Problem Solving, Judgment, Planning and Organization, Coordinating, Leadership, Initiative, Management Expertise, Persuasiveness, Integrity -Bachelor or equivalent in Real Estate or associated field -High level of proficiency in English (spoken and written) / Arabic is an advantage

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Benefits

-Secure tenant incentives, such as rent-free periods, build-out allowances, flexibility in payment terms or other advantageous terms.

About abdulla al rostamani properties l.l.c.

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