Business Manager – Retail Leasing
4 days ago
We need someone with good contacts with mall management
The Business Manager – Retail Leasing is responsible for identifying, negotiating, and managing retail leasing opportunities to support business growth. This role focuses on securing profitable retail locations, managing landlord and mall relationships, and ensuring lease terms align with commercial objectives.
Key ResponsibilitiesLeasing & Business Development
- Identify and evaluate new retail locations and mall leasing opportunities
- Negotiate lease terms including rent, tenure, escalation, and service charges
- Prepare and review LOIs, lease agreements, and renewal terms
- Drive store expansion and relocation strategies
Financial & Commercial Management
- Analyze financial viability of locations (rent-to-sales ratio, ROI)
- Prepare business cases for new stores and renewals
- Manage leasing budgets and rental costs
Mall & Landlord Coordination
- Build and maintain strong relationships with mall management and landlords
- Coordinate approvals, handover, fit-out, and store opening timelines
- Resolve lease-related disputes, penalties, or operational issues
Performance Monitoring & Reporting
- Track lease performance, renewals, expiries, and escalations
- Monitor underperforming locations and recommend corrective actions
- Prepare regular leasing and performance reports for management
Cross-Functional Collaboration
- Work closely with operations, finance, legal, and retail teams
- Support store operations with lease-related documentation and compliance
Requirements & Qualifications
- Bachelor's degree in Business, Real Estate, Finance, or related field
- 5–8 years of experience in retail leasing, mall management, or retail real estate
- Strong negotiation and commercial analysis skills
- In-depth knowledge of mall leasing structures and retail contracts
- Excellent communication and relationship management skills
Job Type: Full-time
Pay: AED12, AED16,000.00 per month
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