Commercial Leasing Strategist

15 hours ago

Kuwait City, Al Asimah ABYAT Full time
About ABYAT
As the largest retail store in the Middle East, spanning 22,000 square meters and offering over 22,000 products, ABYAT is your one-stop destination for all things home improvement and more. Our diverse array of top-quality products under one roof includes elegant tiles, captivating wallpapers, state-of-the-art lighting solutions, and stylish kitchen fixtures.

With a vision for excellence since its inception in 2005, ABYAT has been setting benchmarks in Kuwait, expanding beyond its roots to Saudi Arabia, Qatar, and the UAE. As we continue to grow, we're seeking passionate individuals to join our dynamic team and contribute to our journey of success.

About the Role: As a Commercial Leasing Strategist, you will drive revenue through creative leasing solutions while maintaining strong tenant relationships and ensuring operational efficiency. This includes:
  • Developing and implementing strategies to lease temporary spaces to vendors, pop-up stores, or promotional tenants.
  • Negotiating lease terms and rental rates with potential tenants, ensuring profitable agreements.
  • Drafting and managing lease agreements, ensuring compliance with legal standards.
  • Monitoring and analyzing the performance of specialty leasing tenants to maximize profitability.

Key Responsibilities: You will be responsible for creating innovative leasing packages to attract diverse vendors and increase property revenue. Additionally, you will develop promotional or seasonal leasing programs to boost temporary leasing activity. You will track leasing activity and generate regular financial reports on revenue, occupancy rates, and performance. Managing the specialty leasing budget, ensuring costs are controlled and revenues meet targets, is also a key responsibility.

Requirements:
  • Bachelor's degree in Business Administration, Real Estate, Marketing, or a related field.
  • 3-5 Years of Proven experience in leasing or retail management, preferably in a retail or commercial real estate environment.
  • Strong negotiation, communication, and interpersonal skills.
  • Ability to manage multiple tenants and leasing projects simultaneously.
  • Proficient in financial analysis and budgeting.

Benefits: This role offers a competitive salary, benefits package, and opportunities for professional growth and development. Based on industry standards and market conditions, the estimated salary for this role in Kuwait is KD 1,800 - KD 2,500 (approximately USD 6,000 - USD 8,300) per month. Salary may vary based on qualifications and experience.

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