A. Leasing Strategy and Business Development
- Develop and implement leasing strategies to achieve occupancy, rental income, and leasing targets.
- Identify and secure potential tenants, including furniture retailers, home furnishing brands, lifestyle retailers, F&B operators, and other suitable retail concepts.
- Conduct market research and competitor analysis to identify leasing opportunities, industry trends, and potential business partners.
- Build and maintain relationships with retailers, furniture brands, leasing agents, and relevant business partners.
B. Tenant Acquisition and Lease Negotiation
- Lead leasing presentations, site visits, commercial discussions, and negotiations with prospective tenants.
- Negotiate rental rates, lease periods, deposits, tenancy terms, and other commercial conditions in accordance with company policies.
- Evaluate leasing proposals and ensure commercial terms are properly documented and approved.
- Monitor lease renewals, expiries, vacant units, and new leasing opportunities.
C. Tenant Portfolio and Occupancy Management
- Monitor occupancy rates, rental performance, tenant mix, and leasing progress against approved targets.
- Develop strategies to reduce vacancies, improve rental returns, and optimise space utilisation.
- Maintain strong relationships with existing tenants to support tenant retention and long-term business partnerships.
- Identify opportunities to introduce reputable furniture and home furnishing brands to strengthen the mall's market positioning.
D. Rental Collection and Arrears Management
- Work closely with the Finance team to monitor rental collection, outstanding payments, and tenant arrears.
- Follow up on overdue rental payments and coordinate appropriate recovery actions in accordance with company procedures.
- Support rental collection initiatives and ensure tenants fulfil their financial and contractual obligations.
E. Lease Administration and Compliance
- Ensure tenancy agreements, renewals, rental revisions, and other leasing documents are completed accurately and within established timelines.
- Ensure leasing activities comply with company policies, approval procedures, contractual obligations, and applicable laws and regulations.
- Maintain accurate leasing records, tenant information, leasing reports, and management updates.
F. Cross-Departmental Coordination
- Coordinate with Marketing, Operations, Finance, Fit-out, and other relevant departments on tenant requirements, promotional activities, renovation works, and store opening arrangements.
- Collaborate with the Marketing team to support tenant promotions, mall campaigns, and initiatives that enhance customer traffic and tenant sales.
- Work with the Fit-out team to monitor tenant renovation progress and facilitate timely store openings.
G. Team Management and Reporting
- Lead, coach, and monitor the performance of the Leasing team to achieve departmental objectives.
- Set individual and departmental targets, review progress, and provide guidance to team members.
- Prepare regular reports on occupancy rates, rental income, leasing pipeline, lease renewals, rental arrears, and market developments.
- Provide leasing updates, market insights, and recommendations to Management.
- Perform other duties as assigned by Management.