About This Role
This role is responsible for developing and implementing strategies to increase tenant occupancy and enhance the competitiveness of the company's office spaces. The incumbent will market and promote available spaces, source and screen potential tenants, and negotiate leasing terms, while also achieving tenant satisfaction by addressing concerns and ensuring exceptional service.
Responsibilities
- Conduct market research and analysis to stay updated on leasing trends, current rental rates, and competitor activities, to determine competitive leasing strategies
- Conceptualize, develop, and create strategies, policies, projects, and procedures that will increase, improve, and maximize tenant occupancy of the company
- Review, analyze, propose, and advise Management and tenants on product/service mix concepts, and compliance with contractual obligations
- Oversee the administration and integration of sales and marketing strategies in order to attract potential tenants for vacant spaces within the office space portfolio and to achieve the target rental income and occupancy levels of building office spaces
- Evaluate prospective tenants by reviewing their financial statements, business plans, operations, and references to ensure they meet the criteria for tenancy
- Achieve tenant satisfaction within the limits and conditions provided by the Management, standard operating procedures, company policies, and other related established regulations
- Negotiate lease terms, rental rates, and other conditions with prospective tenants, in order to achieve favorable outcomes for both parties
- Monitor status of sent lease offers/lease renewals for all tenants
- Monitor proper documentation on lease memos and lease contracts
- Manage lease renewal negotiations and handle requests for lease expansions or modifications from new and existing tenants
- Ensure compliance with applicable laws, regulations, and industry standards related to real estate leasing and property management
- Collaborate with other departments to support the achievement of the company
- Perform other tasks as may be assigned by the VP
Requirements
- Educational attainment equivalent to a bachelor/college degree, preferably in Business Administration/ Marketing Management, Real Estate Management, or any related course
- Preferably with a Master
- Minimum of eight (8) years of work experience in the field of real estate office leasing
- With at least one (1) or two (2) years of leadership or people-handling experience
- Comprehensive knowledge of sourcing and benchmarking of commercial space, and tenant prospects based on the existing office portfolio
- Knowledgeable in financial management/ financial runs
