GM – Mall Retail Leasing

2 days ago

Bengaluru, Karnataka, India Retail Real Estate Full time ₹ 40,00,000 - ₹ 60,00,000 per year

We are looking for: -

Job Title -
GM/ Head –Retail Leasing (Cluster Role)

Total Years of Exp.-
 15-25 years

Department-
Retail Leasing (6 Malls- (4 Retail, 2 Commercial)

Location-
Bangalore

Reporting to -
Mall Head/ CEO

Primary Responsibilities:
This position will have responsibility for coordinating leasing activities to secure quality long-term tenants maximizing income through obtaining the best rental terms possible while achieving minimal vacancy loss for the company's retail properties,
including proposed new projects
. The position also provides assistance and back up support to the mall, in the area of lease renewals, extensions, and leased space modifications. Specific responsibilities include:

· Advertise and promote available space

· Contact and establish relationships with brokers to refer interested parties

· Review vacancies to determine appropriate marketing initiatives

· Make sure properties and spaces for rent are in appropriate condition to show

· Show spaces on demand to prospective tenants

· Take care of inquiries and perform necessary follow up activities

· Negotiate all lease terms in accordance with established leasing guidelines, working with management and the attorneys when required

· Draw up necessary lease paperwork and see that they are properly executed and distributed to appropriate parties, and all pertinent lease information obtained.

· Negotiate renewals and prepare lease renewal addendums

· Keep informed of market conditions and competitive rental rates, assisting in doing market research as necessary.

· Tenant Relation Management

· Assist with accounts receivables and delinquent rent payments

· Enforce lease terms and conditions for tenant issues such as space modifications and subletting

· Coordinate legal meetings for new store opening, renewals, breaches

· Initiate legal action as necessary to resolve tenant issues

· Weekly, Monthly reporting to be done

· Coordinate store designs process

· Filing and day to day updating of records

· Manage and follow up on Teams performance

· Formulate leasing strategy for Kiosk /temporary leases

· Conduct site visits for meetings for upcoming centers

· Meet retailers frequently to understand business

· Automatic Daily Sales Report implementation (ADSR) by existing & new tenants.

Desired qualifications

MBA (sales & marketing)

Desired experience

15 to 25
years' experience with at least
10
years' experience into Retail Leasing

Benefits include:

Salary (CTC) per annum-
Up to 60 Lakhs (₹)

AGE- up to 45 yrs.

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