Senior Manager - Retail Leasing
by Damac in Real Estate Development & Property Management
The Senior Manager - Retail Leasing is responsible for developing and executing leasing strategies across retail assets in the UAE, focusing on achieving occupancy, revenue, and tenant mix targets. The role includes identifying and securing new retail concepts, brands, and operators aligned with asset positioning, leading lease term negotiations, managing renewals, relocations, expansions, and re-gearing of tenants. The incumbent curates and optimizes tenant mix to enhance footfall, customer experience, and asset value, conducts market research and competitor analysis to identify trends, and collaborates with asset management and marketing teams for effective positioning of retail assets. The role also involves maintaining strong relationships with retailers, brokers, and leasing agents, coordinating with internal teams such as Retail Delivery, Legal, Finance, and Property Management, preparing leasing forecasts, budgets, and performance reports, and ensuring lease documentation and compliance with company policies and regulatory requirements. The role measures performance through KPIs including occupancy rate achievement, leasing revenue vs. budget, tenant retention, tenant mix quality, deal closure timelines, and portfolio NOI growth. Experience in large-scale retail destinations, GCC retail markets, and established relationships with regional and international retail brands is preferred.