Specialty Leasing Senior Associate

ROLE SUMMARY

The position is responsible for managing and executing the specialty leasing program established by the leasing department, focusing on short-term leasing (STR) & Mall Promotions & Media (MPM) opportunities within the Asset Management operating assets. This role involves achieving / exceeding revenue targets, identifying potential tenants, negotiating lease agreements, and building relationships to enhance tenant satisfaction and retention at Majid Al Futtaim Properties.

ROLE PROFILE

• Identify potential specialty leasing opportunities in alignment with the asset’s strategic goals.
• Negotiate and finalize lease agreements with prospective tenants.
• Manage the budgets for the assigned operating assets and monitor the monthly income, ensuring budgets are either met or exceeded.
• Ensure and maintain full level of occupancy across all unit types i.e. kiosks, wall units, service units, ATMs and any other unit that is identified for STR
• Identify potential clients and new retail concepts suitable for the assigned operating assets and ensure to maintain database of potential tenants.
• Maintain good relations with existing tenants, follow up on complaints, if any and assist in resolving problems and provide optimal level of service, following established policies and procedures.
• Maintain accurate filing of all Lease deal related information and agreement (both physical and on system / 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 se
• Coordinate closely with the Retail Design & Delivery team and Visual Merchandiser in all matters relating to the retail concept especially matter that may impact the sales performance.

REQUIREMENTS

• Bachelor’s degree in Business Administration, Marketing or equivalent.
• Excellent communication and interpersonal skills.
• Minimum 0 - 2 years’ work experience.
• Proficient in preparing and managing detailed documentation, including proposals, lease agreements, and concept approvals, in compliance with policies and procedures.
• Ability to collaborate with internal teams such as Administration, Property Management, Finance, and Retail Design & Delivery to ensure smooth operations and tenant onboarding.

WHAT WE OFFER

• At Majid Al Futtaim, we’re on a mission to create great moments, to spread happiness, to build, experiences that stay in our memories for a lifetime. We’re proud to say that over the past 27 years, we have built a reputation as a regional market leader in what we do. Join us!
• Work in a friendly environment, where everyone shares positive vibes and excited about our future.
• Work with over 45,000 diverse and talented colleagues, all guided by our Leadership Model.