Leasing Supervisor

Job Overview

The Leasing Supervisor is essential in growing and sustaining our retail presence by pinpointing high-potential locations, negotiating advantageous lease agreements, managing ongoing contracts, and aiding long-term occupancy initiatives across various markets. This position guarantees strategic store placements that boost both commercial outcomes and brand recognition.

Primary Responsibilities

• Scout for new retail locations in key markets aligning with the target clientele.
• Conduct assessments of commercial viability via foot traffic, demographics, and competitor insights.
• Lead lease negotiations focusing on terms, rental pricing, renewal policies, and contractual duties to ensure optimal benefits.
• Develop leasing proposals, business justifications, and ROI analyses for managerial review.
• Oversee all phases of lease agreements from initiation through renewal or termination.
• Keep thorough digital and physical records of leases, modifications, addendums, and payment schedules.
• Coordinate the timely signing of lease documentation with Legal, Finance, and Management teams.
• Serve as the main liaison with landlords, property developers, mall authorities, and commercial real estate associates.
• Handle any lease-related conflicts, rental change requests, and occupancy matters.
• Foster strong partnerships to secure prime retail locations and support future growth prospects.
• Track rental payments, security deposits, and other lease expenses.
• Assist with forecasting and budgeting for rental costs associated with stores.
• Review yearly rent escalations, proposing negotiation tactics to control expenses.
• Analyze lease performance metrics including revenue per square meter and store profitability.
• Generate regular reports on expansion, lease expiration timelines, and market trends.
• Offer strategic recommendations for site acquisitions, downsizing, relocations, or closures.

Qualifications & Experience

• Bachelor's degree in Business, Real Estate, Finance, or a related discipline.
• Minimum of 3 years experience in retail, commercial, or mall leasing, preferably within luxury or FMCG sectors.
• Comprehensive understanding of commercial lease laws, contract frameworks, and rental schemes.
• Proven track record negotiating with malls, landlords, and property developers in the GCC region, especially in Saudi Arabia, UAE, and Kuwait.
• Skilled in Microsoft Excel, leasing software, and contract management technologies.
• Strong analytical thinking, communication proficiency, and negotiation capabilities.
• Comfortable working in a dynamic, fast-moving multi-country business environment.