Summary
United Real Estate Company is hiring a Leasing Executive to manage leasing administration, tenant relationships, renewals and terminations, and compliance with lease terms. The role includes tracking leasing KPIs, maintaining contract records and databases, preparing documents with legal advisers, and researching market offers and potential tenants. Candidates should have a bachelor’s degree in Business Administration and 3–5 years of experience in property management and leasing. The location and salary are not stated.
The posting
As published on urc.com.kw. Pulled from the employer's site and shown as they wrote it.
Job Description
Responsible for finding new tenants, renewing leases, answering letters, all administration to ensure compliance with lease terms and management of legal issues, and to track financial obligations for all leasing documents in accordance with company policies and Leasing
Skill Requirements
Bachelor's Degree in Business Adminstration
3-5 years of relavent experiance in property managment and leasing
Responsibilities
- Responsible for all administration to ensure compliance of leasing terms, tenant management and management of legal issues.
- Coordinates all leasing renewals and terminations as per the contract law.
- Keeps up to date with leasing contract law.
- Set up reports/follow-up scheme to regularly update status on main Leasing-related KPI’s such as: Leasing status (leased units), rental income, average rent, lease term leasing status, and occupancy rates.
- Prepares documentation in coordination with the legal department, - side letters, addendums, rent reduction of termination of contracts.
- Ensures maintenance and filing of tenant and leasing contracts and LOIs.
- Maintains minutes of meetings with potential investors and internal and external stakeholders
- Generates potential leasing leads with an understanding of the tenant mix for each project.
- Maintains and updates the leasing database.
- Assists with reading and preparing work floor plans.
- Research common market leasing offers and prepare investment proposals based on an understanding of market leasing offers.
- Follow up on open issues and maintains relationships both internally, with other departments and externally with Investors.
- Prepares maintains and coordinates all documents required for contract preparations.
- Consult legal advisors to ensure that all documents or contracts are in accordance with legal regulations and company policies or to prepare termination agreements, extensions, amendments, etc.
- Provides assistance in all leasing functions and all related matters.