Leasing Manager (Commercial)

Key Responsibilities

Leasing Strategy and Management

• Develop and implement strategic leasing plans to achieve occupancy and revenue targets.
• Conduct market research to identify trends, competitor activities, and opportunities for leasing.
• Prepare and execute marketing strategies to attract high-value tenants.

Tenant Relations

• Build and maintain strong relationships with current and potential tenants.
• Address tenant inquiries and concerns promptly and professionally.
• Ensure tenant satisfaction to promote long-term leases and renewals.

Lease Negotiation and Documentation

• Negotiate lease terms, including rent, duration, and other contract clauses.
• Draft, review, and finalize lease agreements in coordination with the legal team.
• Maintain accurate leasing records and ensure compliance with company policies and local regulations.

Financial and Reporting Duties

• Analyze rental income performance and forecast revenue for commercial properties.
• Monitor tenant payment schedules and assist in resolving any delinquencies.
• Prepare periodic leasing reports, including occupancy rates, lease expirations, and market trends.

Coordination and Collaboration

• Work closely with the property management team to ensure tenant needs are met.
• Collaborate with the marketing team to promote vacant spaces effectively.
• Partner with finance and legal departments for budget reviews and contract approvals.

Qualifications

Education:

• Bachelor’s degree in Business Administration, Real Estate, Marketing, or a related field.
• Certification in property management or real estate (e.g., RERA certification) is a plus.

Experience:

• Minimum of 5 years of experience in commercial real estate leasing, with at least 2 years in a managerial role.
• Proven track record of successfully negotiating and managing commercial leases.

Skills:

• Strong understanding of commercial leasing laws and real estate market trends.
• Excellent negotiation, communication, and interpersonal skills.
• Ability to manage multiple projects and deadlines simultaneously.
• Proficiency in Microsoft Office and property management software.
• Fluency in Arabic and English is required.

Key Competencies

• Strategic Thinking
• Financial Acumen
• Customer Focus
• Problem-Solving
• Team Leadership

Working Conditions

• Office-based role with frequent site visits to commercial properties.
• Flexibility to travel within Saudi Arabia as required.