Leasing Manager at Mowana Properties

Leasing Manager 

We are seeking an experienced and highly motivated Leasing Manager to join our Cresta Shopping Centre team. The ideal candidate will be responsible for formulation of the centre’s strategic letting plan that will inform the projected income for the asset through optimally leasing all premises within the centre, manage non GLA income and be responsible for all operations of the leasing department.

Essential Duties and Responsibilities;

Strategic Letting Plan :

• Analyse existing tenant mix in the centre portfolio.
• Analyse overall performance of the centre, category performance and tenant specific performance.
• Analyse the centre’s market research.
• Implement the strategic letting plan timeously in terms of the agreed timeline.

Income Budget :

• Perform rental assessment and ensure achieved rentals are market related.
• Optimize Gross Income.
• Understand the actual value of the lease and the tenant performance.

Optimize and Maximize Net Income :

• Create optimal tenant mix that will maximize centre turnover and retailer profits and therefore optimal rentals for the centre, or for the property.
• Source new tenants for vacancies in the centre.
• Ensure timeous renewals and relocation of existing tenants and make recommendations to right size tenants.
• Assess tenant installation contributions.
• Monitor, track and stagger lease renewal.

Client Relations :

• Create and maintain good relationships with retailers, and other clients.
• Represent the company in lease negotiations with tenants.
• Undertake site visits, for canvassing of tenants and meeting of tenants on site.
• Assist debtors with collections and account queries as required.
• Take up building related problems with centre’s operations manager and operations team.
• Advise leasing administration of all tenants.

Marketing :

• Prepare and motivate appropriate marketing plan / strategy for vacancies.
• Keep informed of market place and competition.
• Maintain image and presence in the market.

Adhoc Duties :

• Ensure that changes in legislations and By-Laws are integrated into current practices.
• Stay informed regarding changes in leasing practices and trends.
• Complete special projects as assigned.

Qualifications

• Matric or Related Leasing / Legal Diploma(ideally B Degree in Property or Legal related field. )

Experience

• Minimum of 5 - 8 years’ experience of progressive retail leasing experience. ( 3 years supervisory experience preferred).

Knowledge Required

• Sales knowledge
• Thorough knowledge of contracts, leasing, servicing, and legal requirements
• Identification and mitigation of risks