Juma Al Majid group of companies

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Job Title : F&B Leasing Manager ( AMP-BNM-REQ-01 )
Job Location : Dubai
Job Industry : Properties
Job Function : Leasing
Preferred Nationalities : Any
Minimum Educational Qualification : Bachelor's Degree
Relevant Years of Experience: : 5 years
Age : 45
Posted Date : 11-10-2020
Description

 

Job Purpose: 


The job holder will be leading in the leasing of the F&B units to qualified retail and commercial tenants. Must carry extensive knowledge and interest in F&B Retail & Commercial categories with the ability to select and lease the most effective tenant mix to optimize revenue, customer experience & interest.

Principal Accountabilities


1.       Understand and comprehend NESTO’s operations

2.       Target F&B activities that are complementary to NESTO 

3.       Targeting other retail activities that are also serving NESTO’s operations

4.       Uses significant knowhow and understands the F&B industry to recommend leasing decisions.

5.       Uses F&B industry insights to contribute to overall leasing strategy plans and actions to achieve department and company targets.

6.       Has the capacity to understand and position a Project’s F&B offering by analysing the market, trade area competition, local environment & demographics to recommend leasing plans accordingly.

7.       Responsible for the F&B leasing functions for the assigned projects, in compliance with the Approved Budgets and Retail / Commercial categories required for the Projects.

8.       Carry out Negotiation with Prospective F&B Tenants and to take all measures to successfully close deals with Tenants for the Project as per the Approved Budgets & Targets.

9.       Achieve F&B Leasing & Financial Targets by keeping the F&B Retail & Commercial Units leased at all times,
forecasting vacancies and taking actions, minimizing tenant turnover accordingly, assist in preparing the annual rental budgets, taking all steps necessary for negotiating and closing deals for tenant lease renewals.

10.    Carry out market intelligence to establish and determine the market F&B trends and practices to assist in determining the right rental value for the F&B Retail & Commercial Units.

11.    Maintains positive relationships with all tenants and meets their expectations in relation to the Landlord’s commitment towards their success.

12.    Promote, canvass and prospect for suitable F&B tenants for the Project through various means Including Desktop Research, Cold Calling, Presentations. Meetings, Site Visits etc.

13.    Prepare all tenancy related documents such as Offer Letters, Lease Agreement, etc and ensure the timely dispatch & collection of all documents along with the due payments in line with Company Policies.

14.    Prepare Periodic Reports of Prospecting and Leasing Activities and Provide Objective Feedback from the Market.

15.    Management of Leads & Opportunities by maintaining an accurate list of Contacts, Opportunities & Tasks related to interactions with Prospective Tenants.

16.    Coordinate with the Project Team for any specific Technical Requirements from the Tenants and Vice Versa.
17. Perform other tasks as assigned by the Mall Manager.

Minimum Requirement

·         Team Spirit

·         Degree from an accredited university.

·         5 Years+ Experience in F&B Retail Leasing in UAE in a Shopping Mall environment.

·         Ability to source retail contacts through various means.

·         Advanced Communication skills in English, Arabic would be advantageous.

·         Familiarity of the Retail Delivery cycle would be advantageous.

·         Excellent analytical skills and numerical reasoning abilities.

·         Excellent Negotiation skills.

·         Customer service oriented.

·         Ability to anticipate problems, give feedback and suggest solutions.

·         Computer Literate, Good Working Experience of MS Office.

·         Understanding experience of CAD drawings preferred.
UAE Driving license with Own Car.


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