Leasing Executive | MAF Properties

Majid Al Futtaim Properties invites you to join us in our quest to create great moments for everyone, everyday! We are the leading shopping mall, residential communities, and Hospitality pioneer across the Middle East, serving over 560 million visitors a year. For the past two decades, we have shaped the consumer landscape across the region, transforming the way people shop, live and play, while maintaining a strong sustainability track record and the largest mall in the world to attain LEED Gold EBOM Certification. We have over 40,000 team members in 15 international markets representing over 100 nationalities – all keeping the customer at the heart of everything we do. If you enjoy being BOLD, PASSIONATE and TOGETHER, then Majid Al Futtaim is the destination for you.

Role Purpose:

The position is responsible for working closely with the Director Leasing to market new properties and manage existing ones in order to maximize the leasing opportunities and meet the corporate revenue targets.

Role Details – Key Responsibilities and Accountabilities:

1. Assist the Leasing Manager in implementing Leasing Objectives. These objectives will outline the amount of space to be leased, the time frame required to lease and the target rental rate to be achieved, appropriate merchandise mix compatibility and presentation.        
2. Provide inputs to the Leasing Manager for changes in the layout in order to maximize the leasing opportunities.          
3. Maintain relationship with current and potential tenants, ensure enquiries are handled promptly and arrange site visits for potential tenants.   
4. Assist in the preparation of the leasing agreements between the Company and the tenants, ensure completion  of all documents and manage the renewal agreements as well.
5. Prepare regular leasing activity reports and the status of each negotiations held with potential tenants.                 
6. Work with the Leasing Manager in liaising with Property Operations and for lease extension negotiations, finding where retail gaps exist and what retailers will best complement those already in the Centre.
7. Provide all necessary data / reports concerning to Lease Management as and when requested.
8. Maintain accurate filing of all Lease deals related information and agreement (both physical and on system e.g. Yardi / MRI and/or SharePoint etc.) so as to enable the team to refer the same with respect to rent collection / renewal / extension etc., as well as to serve as a point of reference in case of any litigation.

Minimum Qualifications/education

• Bachelor degree in Commerce / Business Administration or equivalent
• Minimum 3 - 5 years’ work experience in managing Lease activities preferably in a reputed Retail / Real Estate companies in Egypt.