Assistant Manager - Retail Leasing
Posted on :
02-05-2024
Employer Active
1 Vacancy
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Job Description
Req ID : 2783104
- Develops and implements leasing plans and strategies to meet current and future market demands in retail leasing.
- Conducts thorough market research to understand demand, customer preferences, property attributes, and competitor pricing strategies.
- Compiles a target list of potential tenants, prioritizing high-end and flagship retail brands, and aligning them with property types.
- Coordinates the creation of annual lease expiry profiles and devises exit strategies for retail tenants not meeting the agreed-upon mix.
- Manages tenant engagement through site meetings to generate and maintain interest, aiming to achieve revenue targets.
- Prepares proposals for new and renewal tenants, ensuring rates are in line with budget/ERV.
- Negotiates and finalizes lease terms in compliance with SOPs, budgets, and other business conditions.
- Ensures accurate documentation and adherence to legal procedures in lease agreements to avoid future litigation.
- Oversees lease renewals and rental collection to prevent disputes and financial losses.
- Proactively manages asset tenancy schedules to optimize DFC’s portfolio valuation.
- Negotiates exit strategies for tenants no longer fitting the retail brand mix.
- Collaborates with the Credit Control Department on accounts receivable status and payment plans.
- Prepares monthly statements of negative accruals and other accounting provisions.
- Oversees the preparation of progress reports, providing insights into current business status and proposing strategies to achieve or surpass targets.
Employment Type
Full Time
Company Industry
Department / Functional Area
Key Skills
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