Director of Leasing
3 days ago
Requisition ID789-Posted -Leasing Management-0 - 90%
Job Title: Director of Leasing
Company: Abdullah Al Othaim Investment Co.
Location: Riyadh, Saudi Arabia
Employment Type: Full-time
Workplace Type: On-site
Seniority Level: Director
Industries: Real Estate, Financial Services
The Director of Leasing will be responsible for developing and executing leasing strategies that maximize occupancy, revenue, and tenant mix across Abdullah Al Othaim Investment Co.'s real estate portfolio. This role requires strong leadership, strategic planning, and negotiation skills to secure high-value tenants and partnerships in line with the company's growth objectives.
Key Responsibilities:- Leasing Strategy & Execution: Develop and implement comprehensive leasing strategies to optimize occupancy and financial performance.
- Tenant Acquisition & Retention: Identify and secure key tenants across various sectors, ensuring a balanced and profitable tenant mix.
- Market Analysis: Conduct market research to analyze trends, rental rates, and competitor activities to maintain a competitive advantage.
- Lease Negotiation: Lead lease negotiations, structuring agreements that align with company goals while fostering long-term tenant relationships.
- Portfolio Management: Oversee leasing activities for the company's real estate assets, ensuring alignment with business objectives.
- Collaboration & Stakeholder Management: Work closely with property management, finance, and legal teams to facilitate smooth leasing operations.
- Performance Monitoring: Track leasing KPIs, report performance insights, and implement corrective actions when necessary.
- Compliance & Risk Management: Ensure all leasing activities comply with legal, financial, and regulatory requirements.
- Bachelor's degree in Real Estate, Business Administration, Finance, or a related field (Master's preferred).
- 10+ years of experience in commercial real estate leasing, with at least 5 years in a senior leadership role.
- Proven track record in leasing management, tenant negotiations, and revenue optimization.
- Strong network and relationships within the real estate and financial services industries.
- Excellent analytical, negotiation, and communication skills.
- Deep understanding of Saudi Arabia's real estate market, trends, and regulations.
- Strong leadership and strategic planning capabilities.
- Ability to drive leasing performance through innovative solutions.
- Experience working with financial modeling and lease structuring.
- Proficiency in real estate management software and CRM systems.
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