Assistant Specialty Leasing Manager

Job Description

Assistant Specialty Leasing Manager I Real Estate I Asset ManagementOverview of the role:To maximize incremental income for DFC and DFP malls and contribute in the achievement of business target through implementation of a competitive and innovative Specialty Leasing Programme directed at marketing, promoting and leasing of common mall and project area sites, retail merchandising units to external agencies ,ÿorganisation, associations or individual operators.ÿWhat you will do:Responsible for:Business Plan & Leasing Strategy :Responsible for collating information from market/ team members/ research reports etc. and developing a business plan for Specialty Leasing in consultation with marketing and leasing department for presentation to General Manager-Festival Centre or the respective General Manager?s at each mall.ÿImplementation of Leasing Plan:Responsible for the implementation of the strategy for the Specialty Leasing Team, by ensuring collaboration with Marketing Team and capitalizing onÿperiods of heavy traffic;ÿseeking new opportunities for sponsorship.ÿIdentify opportunities for converting unused common area into income producing areas in line with the overall strategy and direction.ÿBusiness Development:Lead the team in achieving specialty leasing targets, by identifying and marketing the concept and ?offering? to prospect companies/ organisations/ associations, as well as encouraging the participation of the long term retailers in such programmes.ÿRelationship between tenants in shops and Specialty Leasing Licensees:Communicate requirements of Specialty tenants to the Marketing and Tenant Coordination team; oversee the allocation of resources to licensees and meet the requirements as per the Contract, with the overall objective of ensuring that there is noÿdirect conflict of trade with an existing permanent tenants;ÿas well as resolving any disputes arising thereof.ÿRetail Standards:Work closely with the Specialty Leasing Team in monitoring the standards of presentation by Specialty/ Casual Licensees with respect to displays, fixtures and fittings, sightlines and access to kiosks, as well as regulate merchandising standards in conformance with the visual presentation standards of the mall and the other Common Areas, by carrying out regular inspectionÿAdministration:Responsible for effective administration of the Specialty Leasing business, such as allotment of space, fees, duration of lease; as well asÿadministration of all License Agreements, correspondence, records, terms and conditions, and collection of monies due to the companyÿwith the objective of ensuring governance of such arrangements in a uniform and standards manner, as per Company policy and procedures and in consultation with relevant departments.ÿFinancial :Report on a monthly basis, actual vs budget and quarterly forecast income.ÿKeep close monitor on all debtors and collection thereof.ÿManagement Reporting :ÿÿGenerate routine and ad hoc reports detailing the financial elements of the Specialty Leasing function, including income, expenses and budget comparisons with the objective of provide relevant information for the purpose of decision making on long term and short term strategies.ÿEquipments:Responsible for identifying and procuring the necessary equipment to support Specialty Leasing activities in conjunction with the Development and Tenant Coordination Departments.ÿAudit Compliance :Compliance with procedures to ensure that the team work within parameters set and agreed and in compliance with procedure, audit requirements and DOA.ÿSpecialty Leasing in other regionsÿ:Responsible to oversee Specialty Leasing in other regions to leverage relationships and increase income over all malls. Ensure standards across all regions are upheld and SOPs standardised.ÿJob Context:The role will entail to maximize incremental income for Festival Centre and contribute in the achievement of business target through implementation of a competitive and innovative Specialty Leasing Programme directed at marketing, promoting and leasing of common mall to external organisations/ associations/ agencies and specialty leasing operators.

Keyskills :