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Assistant General Manager - Leasing

Job Description - Assistant General Manager - Leasing

Description


































Job
Title



Assistant General Manager / General Manager - Leasing



Department / Division

 


Leasing


External Interface

(Enlist
external agencies/authorities that you are required to deal with while
discharging your duty)



  • Retailers � Business Development/ Sales Head, Store Managers
  • Clients


Minimum Qualification

(i.e
education, training etc.)



  • Graduate, MBA (Marketing)

 


 

Minimum Experience

 


  • 13 to 15 years of similar or relevant industry experience in
    Marketing


Special Skills/Attributes

(required
for performing the job effectively)



  • Knowledge of leasing administration process
  • Knowledge of brand/product category mix
  • Basic Knowledge of required legal documents/formalities
  • Good negotiations skills


Overall Purpose/Objective

Of the job


Drive revenue maximization
and achievement of optimum occupancy level for the centre through an
effective leasing strategy designed to achieve the right/ planned tenant mix
and target business plan and revenue generation through sale of advertising
space on the various kiosks.



Key Responsibilities

(List
major responsibilities, that you have, 
to achieve the key objectives)



  • Formulate the leasing strategy and develop the leasing plan for
    the Centre based on market intelligence and finalize the same with the Centre
    Director
  • Formulate the zoning plan and the brand/ product category mix
    based on target customer segment, market positioning of the Centre, lay-out
    of the Centre and seek approval on the same by the Centre Director.
  • Finalize the mall occupancy target to be achieved for revenue
    maximization, in coordination with Centre Director and plan for optimum
    vacant space for premium leasing.
  • Based on the finalized zoning/ business plan review the list of
    retailers/ brands/ product categories that can be approached
    and ensure that the right category and brand mix is maintained.
  • Evaluate the brand information in coordination with Centre
    Director for evaluation and approval and then formulate a comprehensive
    database of potential clients for Centre based on zoning plan, available
    market data, targeted product categories/ brands.
  • Resolve the retailers� queries and drive closure of deals in a
    timely and effective manner.
  • Ensure that all the terms incorporated in the agreements are
    unambiguous and as per mutual agreement are documented in a legally
    acceptable format.
  • Oversee the process of lease administration and renewal of
    contracts.
  • Ensure that all the required fees/ charges and deposits
    (security deposit, stamp duty and registration fees, first license fee etc.)
    are collected from all retailers as per the payment schedule/ specified
    timelines.
  • Monitor adherence of all clients to the payment schedule and
    resolve any issues related to non-payment and delays in payment.
  • Oversee the timely completion of formalities, obtaining of
    license/ permissions, fit-outs and operations of retail stores for
    the brands.
  • Review the leasing tracker and mall occupancy / vacancy report
    on a regular basis.
  • Propose the strategies/ plan for revenue maximization through
    kiosks in coordination with the Sr. Manager � Leasing and GM � Leasing.
  • Identify the right retailers for kiosks on the basis of the
    type, relevance and appeal of their products
  • Develop good working relationship with kiosks retailers and understand
    / resolve their issues.
  • Establish special kiosks in common areas of the mall during
    festive occasions and holidays in order to attract more customer and also
    identify suitable new locations for permanent / temporary kiosks.


 





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