Senior Vice President - Retail Leasing

Company : Aldar Development

Job Type : Full Time

Abu Dhabi, United Arab Emirates

Job Description - Senior Vice President - Retail Leasing

Description

Developing and implementing leasing strategies: Develop, formalize and execute a leasing strategy, while maximizing occupancy rates and rental income. This may include conducting market research to understand the local market and competition and identifying target tenants.

Financial management: Manage the financial aspects of the leasing operations, including budgeting, forecasting, and tracking performance against targets. Deep understanding of business P&L statements.

Rent Rate Growth: Responsible to increase the growth in rental rates over time through competitive rental rates negotiation.

Leadership skills: Responsible for managing the leasing team, setting performance targets, monitoring performance, and providing training and development opportunities.

Relationships: Manage tenant relationships. Also, have strong working relationship with major groups within the UAE – Al Shaya, Landmark, Chalhoub, and Al Tayer among others.

International Relationships: Contact with key international groups and brands to introduce Al Dar projects and secure such value addition brands within the portfolio.

Negotiating lease agreements: Responsible for negotiating lease agreements with prospective tenants. This includes reviewing and approving lease documents, negotiating rental rates and lease terms.

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Senior Vice President - Retail Leasing

Job Description - Senior Vice President - Retail Leasing

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