Leasing Executive
4 days ago
Role & responsibilities
- Develop the leasing plan based on the overall business strategy, including setting occupancy targets to maximize revenue.
- Manage pre-opening activities such as zoning, business planning, and identifying potential retailers/brands.
- Reach out to target brands, present the mall's offerings, and share relevant brand information.
- Conduct site visits with prospective tenants, present suitable leasing options, and manage the complete negotiation processensuring client needs are met while securing commercially viable terms.
- Identify and pursue new leasing opportunities through cold calls, market research, and industry networking. Prepare customized proposals to attract high-potential tenants and expand the propertys market footprint.
- Build and maintain strong relationships with international property consultants (IPCs), local brokers, and real estate agents. Leverage their networks to increase lead generation and speed up deal closures.
- Review and shortlist brand proposals, coordinate with the Leasing Head for approvals, and handle commercial negotiations.
- Oversee lease agreement drafting to ensure all terms are clear and mutually agreed upon.
- Coordinate the fit-out process and provide necessary support to retailers for timely store openings.
- Post-opening, manage tenant mix based on brand performance, space needs, and category optimization.
- Handle lease renewals by evaluating retailer performance and revising commercial terms to enhance revenue.
- Maintain strong relationships with retailers and their business development teams to address ongoing needs.
- Oversee lease administration including collection of deposits, registration fees, and monthly charges.
- Keep the leasing tracker updated and prepare regular occupancy/vacancy reports for senior management.
Qualifications and Work Experience:
- Post-Graduate MBA in Marketing
- Minimum 3 years of relevant leasing experience, preferably with at least 1–2 years in Grade-A malls or commercial real estate.
Knowledge, Skills, and Competencies:
- Communication: Strong verbal and written communication and presentation skills.
- Relationship Management: Strong interpersonal skills; proven ability to manage client relationships.
- Analytical Skills: Eye for detail with the ability to think strategically and creatively.
- Technology Proficiency: Good command over MS Office (Excel, Word, PowerPoint); experience with leasing CRM/tools is an advantage.
- Time Management: Ability to prioritize tasks, handle multiple projects, and meet deadlines.
- Teamwork: Proactive, collaborative, and a strong team player.
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