Leasing Senior Manager
📣 Job Ad| Contract Type | Full-time | |
| Workplace type | On-site | |
| Location | Jeddah |
Job Description
About the Role
Panda Retail Company – Savola Group is seeking a Leasing Senior Manager to join their team in Jeddah. This role involves leading and overseeing the company's leasing portfolio, ensuring effective lease management, strategic negotiations, and strong landlord relationships. The Senior Manager will be an employee responsible for portfolio performance and supporting business growth and operational continuity within the company's retail operations.
Job Purpose
The primary purpose of this position is to lead the comprehensive management of the company's leasing portfolio. This includes ensuring effective lease administration, conducting strategic negotiations, maintaining robust relationships with landlords, and optimizing the overall performance of the portfolio. The role is critical in supporting the company's business growth objectives and ensuring operational continuity through sound leasing practices.
Key Responsibilities
- Cultivate strategic partnerships with major trademark tenants and brands to enhance the commercial leasing network.
- Direct "Highest and Best Use" reviews and manage the asset lifecycle to maximize commercial portfolio value.
- Lead initiatives focused on optimizing 91,000 square meters of non-utilized Gross Leasable Area (GLA) for income generation.
- Drive recurring rental income growth by improving the tenant mix and maintaining a superior rent-to-revenue ratio.
- Oversee the day-to-day management of the sublease portfolio to ensure the stability of active contracts.
- Supervise external leasing agents and coordinate the resolution of escalated tenant or administrative complaints.
- Enforce financial governance by validating lease invoices, monitoring schedules, and leading annual rent updates.
- Translate portfolio analytics into actionable asset improvement and revenue-generating initiatives.
Experience Requirements
Candidates for the Leasing Senior Manager position should possess 8 to 10 years of relevant experience in leasing, property management, or a related field. This experience should demonstrate a strong background in strategic negotiations, portfolio management, and landlord relations within a commercial context.
Work Environment and Location
This is a full-time employee position based in Jeddah. The role operates within the Panda Retail Company – Savola Group, focusing on the strategic management of its leasing portfolio.
Application Process
Further details regarding the application process and salary will be disclosed to qualified candidates.
Requirements
- Requires 5-10 Years experience
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