Leasing Manager📣 Job Ad

About the Leasing Manager, F&B Role

Knowledge Economic City (KEC) is seeking a Leasing Manager specializing in Food & Beverage to join its team in Al Madinah, Saudi Arabia. This full-time position is central to developing and executing the commercial strategy for KEC's shopping mall portfolio, focusing specifically on the F&B sector.

Role Purpose and Objectives

The primary objective of this role is to spearhead the leasing efforts for Food & Beverage concepts within KEC's retail developments. The manager will be responsible for attracting, negotiating, and securing top-tier restaurant operators, casual dining concepts, cafes, and premium F&B brands. Success in this role relies on leveraging an established network within the regional hospitality and F&B market, demonstrating a proven track record in closing high-value retail leases, and possessing a deep understanding of current dining trends across Saudi Arabia and the GCC.

Key Responsibilities

• Develop and implement a comprehensive F&B leasing strategy aligned with the mall's positioning, target demographics, and revenue goals.
• Identify, pursue, and secure high-performing local, regional, and international F&B concepts, ranging from specialty coffee shops to fine dining and experiential food.
• Leverage existing, robust relationships with prominent F&B operators, franchise holders, and restaurateurs to drive occupancy rates and maintain a strong pipeline of prospective tenants.
• Lead commercial negotiations for lease agreements and Heads of Terms (HOT), ensuring optimal rental yields, service charges, and favorable contractual terms.
• Conduct ongoing market research and competitor analysis across Saudi Arabia and the GCC to identify emerging F&B trends, consumer preferences, and benchmark rental rates.
• Coordinate seamlessly with the Leasing, Legal, Fit-out/Tenant Coordination, Marketing, and Property Management teams to ensure a smooth transition from lease signing to store opening.
• Track and report on leasing metrics, pipeline status, budget targets, and tenant mix diversity to senior management.

Required Experience and Qualifications

Candidates for this position should have 0-1 years of relevant experience. The role requires an extensive, established network within the regional hospitality and F&B market. A proven track record of closing high-value retail leases is essential, along with a deep understanding of current dining trends across Saudi Arabia and the GCC region.

Work Environment and Location

This is a full-time position based in Al Madinah, Saudi Arabia. The role involves working within a dynamic team focused on the strategic development of Knowledge Economic City's commercial properties.

Application Information

Knowledge Economic City is committed to attracting skilled professionals to contribute to its growth and success. Interested candidates are encouraged to apply.