Specialty Leasing Executive

Majid Al Futtaim Properties invites you to join us in our quest to create great moments for everyone, everyday! We are the leading shopping mall, residential communities, and Hospitality pioneer across the Middle East, serving over 560 million visitors a year. For the past two decades, we have shaped the consumer landscape across the region, transforming the way people shop, live and play, while maintaining a strong sustainability track record and the largest mall in the world to attain LEED Gold EBOM Certification. We have over 40,000 team members in 15 international markets representing over 100 nationalities – all keeping the customer at the heart of everything we do. If you enjoy being BOLD, PASSIONATE and TOGETHER, then Majid Al Futtaim is the destination for you.

Role Summary

The position is responsible for achieving / exceeding revenue targets established by the Leasing Department for Short Term Retail (STR) in the assigned Business Unit operating assets ensuring maximizing profitability and continuous business growth at Majid Al Futtaim Properties.

ROLE PROFILE

• Liaise closely with the Leasing Manager to achieve or exceed the annual revenue targets set for the Short-Term Retail (STR) program in each of the assigned operating assets.
• Manage the budgets for the assigned operating assets and monitor the monthly income, ensuring budgets are either met or exceeded.
• Identify and prospect potential clients and new retail concepts suitable for the assigned operating assets and ensure to maintain database of potential tenants.
• Expand opportunities in the Short-Term Retail (STR) areas in the assigned operating assets by conducting regular field visits to gain full knowledge of new retail concepts and competition, with a view of growing business and increasing profitability.
• 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 Short term retail.
• Maintain a proper filing procedure to record all deal related correspondence, including maintaining tenant marketing brochures library.
• Prepare and manage all necessary documentations (including but not limited to concept approvals, proposals, license agreements, TVR’s etc.,) in line with MAFP’s policies and procedures.
• 11. Liaise with the concerned Departments Property Management, Finance, Adminstration and operations etc., on day to day related matters of Short Term Retail.
  
  

Requirements

• Bachelor’s degree in Business Administration, Marketing or equivalent.
• Minimum 2 - 4 years’ work experience in Short term or long term retail exposure, Property consultant, Business Development or Marketing exposure.
• Strong Negotiation Skills
• Strong communication skills verbal and non verbal (Written) Skills is required.
• Basic knowledge and understanding of the Real Estate OR Retail Industry
• Fluent communication in English and Arabic
  
  

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 50,000 diverse and talented colleagues, all guided by our Leadership Model.