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Leasing Manager

1.00 to 10.00 Years   Al Kuwait, Kuwait   30 May, 2022
Confidential Company
1 Jobs Openings
Job LocationAl Kuwait, Kuwait
EducationNot Mentioned
SalaryNot Mentioned
IndustryReal Estate
Functional AreaNot Mentioned

Job Description

JobPurpose:To lead all aspects of a Project Leasing program through utilization of market knowledge and industry contacts to maximize rental income and deliver sustainable schemes.Job Responsibilities:

  • Undertake preliminary market research studies to support project feasibility.
  • Prepare project packages to support the leasing program.
  • Using available data and market knowledge prepare the leasing plan and merchandise mix.
  • Establish and grow a contact network of tenants through frequent communication and meetings.
  • Develop and maintain a database of potential tenants including specific brand requirements, preferred adjacencies and special conditions.
  • Ensure awareness and understanding of existing and future projects in the market enabling leasing strategies to be adapted for best results.
  • Prepare weekly leasing progress report.
  • Compile tenant packs for consideration by the Leasing Committee.
  • Monitor project progress against key milestones and keep the tenants advised accordingly in turn ensuring mitigation strategies are invoked in the event of default.
  • Oversee the preparation and conclusion of leasing documents in accordance with Company Policy and Legal requirements.
  • Work with Lease Administration to ensure remittance of rental cheques and other associated fees and costs pursuant to the Lease.
  • Seek to ensure occupancy levels at existing assets remain at 100% through proactive asset management, liaison with Mall teams and awareness of lease expiry timelines.
Provide guidance to the Team, assign workload and deliver appropriate training and mentorship to enable them to perform their duties at an optimal level.
  • Weekly leasing progress.
  • Monthly project overview including leasing progress, financial targets, key tenant updates and risk register.

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