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Real Estate Manager (Leasing)

L'azurde for Jewelry
Cairo, Egypt
Posted 2 years ago
55Applicants for1 open position
  • 54Viewed
  • 2In Consideration
  • 50Not Selected
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Job Details

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Job Description

Job Scope: 
With a stores portfolio that rapidly increasing and grows year on year a career in our Retail Division offers fast-paced, dynamic experience on a wide level. The Job Scope is spilt into Facilities Management, Real Estate and Project Management offering a diverse range of opportunity for dynamic individuals.

Our business is growing and integral to our success is a Property Department that drives the location selection, builds, fit-outs and launches of new stores across Egypt.                   

Real Estate Responsibilities – Current Retail Portfolio:

  • Review and amend rent contracts of current stores, identify risks, suggest changes and secure signatures with both landlords and internal stakeholders.
  • Re-negotiate terms for existing stores/kiosks ensuring best conditions and rent savings possible for the Group
  • Develop an efficient archiving system to ensure the proper filing of all related contracts and documents for the existing stores/kiosks in terms of space, rent, duration, service charges per store

Real Estate Responsibilities – Retail Expansion:

  • Source locations for new stores/kiosks at shopping malls and street locations as well in Egypt.
  • Secure the needed documents LOD and as-built drawings in order to start the design process
  • Obtain malls approval for proof of concept for upcoming stores.
  • Develop a progress file for the new store’s expansions.
  • Follow up with third party contractors on stores fit outs and delivery under constructions till the Launch date.
  • Follow up on related projects shipments delivery with the logistics team.

Facilities Management:

  • Negotiate and coordinate insurance contracts for the stores
  • Ensure stores compliance with civil defense regulations at all times
  • Coordinate with logistical unit on maintenance updates and keep track of them
  • Develop and manage relationship with each shopping center management in order to ensure shops compliance and issue the necessary permits when needed
  • Follow up with security department regarding violations in the stores
  • Manage all needs of the Group offices (Riyadh and Jeddah)

Administrative Responsibilities:

  • Follow up on rent payments and make sure of accurate payment dates.
  • Follow up on contactors payments for stores construction as well as maintenance fees.

Reports:

  • Conduct Market research of potential mall openings and provide the management with commercial insights related to potential locations (Traffic, GLA, Zoning, Brands…).
  • Develop Store Tracking reports and update monthly database overview of current real estate operated by the group with all its aspects

Key Performance Indicators:

  • Rent Savings on existing contracts
  • Secure top profitable locations within malls for new and existing projects.
  • Achieve growth in cost saving volume and try to accommodate quality with cost efficiency.
  • Develop the needed reports and submit it to the management on timely manner.
  • Comply with the payments dates and follow up on the payment delivery.

Job Requirements

Qualities, skills, and experience:

  • From 5 to 7 years of experience in similar role.
  • Previous experience in Retail is a must.
  • Hands on & execution oriented. Doer vs. Talker
  • Customer oriented to effectively support the organization
  • Team player and great collaborator
  • Multi-tasked to be able to manage several tasks and execute perfectly complex cross functional projects
  • Time management
  • Organization
  • Negotiation and Listening skills
  • Arabic and English competencies are a must (writing, reading, and speaking)

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