Leasing Manager - Corporate Real Estate

Al Rostamani Group

  • دبي
  • دائم
  • دوام كامل
  • قبل 2 أيام
Every employee at Al Rostamani Group plays a role in making a real difference to the business and our customers. We care for our employees by offering them meaningful and purposeful work and an opportunity to grow, learn, contribute and succeed. Today, the Al Rostamani Group has come a long way since its birth in 1957. Our group has grown steadfastly with the guiding principles of Commitment, Care & Vision, alongside a strong sense of active involvement in the community. We are a well-diversified group, with a key presence in industries such as General Trading, Automobiles and Heavy Equipment, Travel, Foreign Exchange, Financial Services, Property Management, Construction, Infrastructure Development and Information Technology Services. Our Group employs approximately 2000 people from 41 different nationalities, which contributes to our multicultural and multi-national environment.Abdulla Al Rostamani Properties is a real estate developer having a diversified scope of activities which include property management, project management, and facilities management in addition to trading in properties.Job PurposeTo identify, secure, and manage strategic commercial property leases that support the business growth and operational needs of the Group companies. This role is responsible for scouting new locations, negotiating lease agreements, overseeing lease renewals, and ensuring compliance with legal and regulatory requirements. Through effective market research, financial oversight, and strong landlord relationships, the role ensures optimal space utilization, cost-efficiency, and alignment with the company's real estate strategy.Job Responsibilities
  • Identify and research potential areas for new locations based on defined business needs for the respective Group companies and check expansion strategies.
  • Conduct market research to identify emerging communities, growth corridors, and high-potential commercial zones.
  • Evaluate the suitability of various properties by considering factors like size, layout, accessibility, zoning, and potential for foot traffic or customer access.
  • Engage with landlords or property owners to negotiate favorable lease terms (rent, lease duration, renewal options, payments etc. based on the market rates and trends.
  • Coordinate with legal teams to ensure that lease agreements align with company goals and legal requirements.
  • Secure tenant incentives, such as rent-free periods, build-out allowances, flexibility in payment terms or other advantageous terms.
  • Finalize agreements and secure new locations that align with the company's strategic growth plan.
  • Maintain a database of potential future locations for future growth opportunities.
  • Manage lease negotiations for new and renewal leases across the corporate real estate portfolio.
  • Collaborate with internal teams, including legal, finance, and facilities, to ensure that lease terms meet the company's objectives.
  • Review and analyze lease documents to ensure compliance with corporate policies and local regulations.
  • Lead the preparation and execution of lease agreements, including terms, rent schedules, and escalation clauses.
  • Liaise with respective company PROs to get the clearance from the required local authorities.
  • Ensure all leasing activities comply with local, state, and federal regulations.
  • Work with legal teams to mitigate risks associated with lease agreements.
  • Maintain accurate records of lease terms, amendments, and other contractual documents.
  • Ensure to conduct a thorough analysis of all existing location leases, including lease terms, rent escalation clauses, renewal options, and overall location performance.
  • Ensure to provide recommendations on lease renewals, relocations, or terminations based on business needs, validation with RERA or local market trends of the Emirate.
  • Prepare and present detailed reports on the performance of existing locations and renewal recommendations.
  • Liaise with respective group occupants and initiate renewal process 120 days before the lease expiry date.
  • Conduct market research to assess leasing opportunities and pricing for commercial spaces and validate lease renewals.
  • Provide regular reports on market conditions, competitive analysis, and lease performance.
  • Recommend leasing strategies based on market trends, vacancy rates, and other relevant factors.
  • Develop and maintain strong relationships with landlords/ property owners to ensure high customer service levels to the Group companies.
  • Act as the primary point of contact with landlords/ property owners, addressing any leasing or space-related concerns.
  • Collaborate with facilities management to ensure internal companies requirements are met, including requests for space modifications or improvements and fit- outs.
  • Coordinate with the respective company's finance team to ensure the accuracy of lease payment schedules, rent rolls, and CAM (Common Area Maintenance) charges paid.
Job RequirementsQualifications
  • Bachelor or equivalent in Real Estate or associated field
Experience
  • 10+ years in Property Management and Leasing managing similar portfolio
Knowledge & Skills
  • Competent in Microsoft Office Software
  • Competent in Property Management technology systems and software
  • High level of proficiency in English (spoken and written) / Arabic is an advantage
  • Problem Solving, Judgment, Planning and Organization, Coordinating, Leadership, Initiative, Management Expertise, Persuasiveness, Integrity
At Al Rostamani Group, we seek talented people who work hard to achieve great things. We consider not only your skills and experience, but also your passion for the role, your desire to learn and how well you align with our core values of care, commitment and vision. If this position represents an opportunity you wish to pursue, we invite you to apply.

Al Rostamani Group