Saudi Arabia Job Openings

Keller Executive Search

Leasing Manager- Commercial, Retail & Residential Real Estate #1508

Riyadh

FULL TIME

October 23, 2024

A leading real estate company in Riyadh, Saudi Arabia is seeking an experienced and dynamic Leasing Manager. The ideal candidate will be responsible for overseeing all aspects of leasing and tenant relations for a diverse portfolio of properties. This role involves developing leasing strategies, optimizing occupancy rates, securing high-quality tenants, and maintaining strong relationships to ensure properties generate optimal revenue and operate efficiently.

Key Responsibilities
  • Develop and implement effective leasing strategies to maximize occupancy and rental income across commercial, retail, and residential properties
  • Conduct thorough market research to understand competitive leasing conditions and evolving tenant requirements in the Saudi real estate market
  • Source and negotiate with prospective tenants for new leases, renewals, and expansions
  • Oversee the preparation, review, and negotiation of lease agreements
  • Collaborate with the marketing team to design and implement targeted campaigns across various platforms
  • Conduct property tours for prospective tenants, highlighting key features and benefits
  • Develop and maintain strong relationships with tenants to ensure satisfaction and long-term occupancy
  • Ensure all lease agreements comply with Saudi Arabian property laws and company policies
  • Collaborate with property management, finance, and legal teams to ensure seamless operations and swift resolution of leasing issues
  • Maintain target occupancy rates and meet or exceed rental income goals
  • Provide regular reports on leasing activity, rental income, and market conditions to senior management
  • Assist in the annual budgeting process by forecasting potential rental income and vacancy rates
  • Supervise and mentor junior leasing agents or assistants, providing guidance and training on best practices
  • Stay updated with local and regional property laws to ensure compliance with the latest regulations and leasing policies
Requirements:
  • Must be based in Saudi Arabia and have a valid sponsorship transfer
  • Bachelor's degree in Business Administration, Real Estate, or a related field
  • Minimum of 5-7 years of experience in leasing management, preferably within the Saudi Arabian real estate market
  • Strong negotiation and communication skills
  • Proven ability to develop and execute successful leasing strategies
  • Excellent knowledge of local real estate laws, market trends, and competitive rental conditions
  • Experience with property management software
  • Fluency in Arabic and English is essential
Benefits:
  • Competitive salary range of SAR 200 000 - SAR 350 000 including housing allowance, transportation allowance and medical insurance
  • Opportunity to work with a leading real estate company
  • Professional growth and development opportunities
  • Collaborative and innovative work environment
Equal Employment Opportunity and Non-Discrimination Policy
Equal Employment Opportunity Statement
Both Keller Executive Search and our clients are Equal Opportunity Employers in accordance with Saudi Labor Law. For all positions, whether with Keller Executive Search or our clients, qualified applicants will receive consideration for employment without discrimination, in compliance with Saudi labor regulations and Saudization requirements.
Commitment to Diversity
Keller Executive Search and its clients are committed to fostering a professional work environment where all individuals are valued and respected, in alignment with Saudi cultural values and workplace norms.
Reasonable Accommodations
Both Keller Executive Search and our clients are committed to providing reasonable accommodations to individuals with disabilities in accordance with Saudi Labor Law. We engage in an appropriate process to determine effective, reasonable accommodations while respecting local customs and practices.
Compensation Information
For client positions, compensation information is available in the job post. Actual salary may depend on skills, experience, and alignment with similar roles. Salary packages will comply with Saudi Labor Law requirements, including:
  • Basic salary
  • Housing allowance
  • Transportation allowance
  • Any additional benefits as per Saudi labor regulations
Compliance with Laws
Both Keller Executive Search and our clients comply with Saudi Labor Law and related regulations governing employment. This policy applies to all employment terms and conditions, including:
  • Recruiting
  • Hiring
  • Placement
  • Promotion
  • Termination
  • End of service benefits
  • Leaves of absence
  • Compensation
  • Training
Workplace Conduct
Both Keller Executive Search and our clients maintain a professional workplace environment in accordance with Saudi cultural values and workplace regulations. All employees are expected to conduct themselves in accordance with local customs and practices.
Employment Verification
Keller Executive Search and/or our clients comply with Saudi employment verification requirements, including:
  • Verification of educational credentials
  • Authentication of professional certificates
  • Validation of previous employment
  • Required government approvals and documentation
Privacy
We collect and maintain personal information in accordance with Saudi data protection regulations. Information collected is used solely for recruitment and employment purposes as permitted by law.
Additional Considerations
  • Working Hours: In accordance with Saudi Labor Law, standard working hours and Ramadan working hours will be observed
  • Weekend Days: Friday and Saturday are designated weekend days
  • Religious Observances: Prayer times and religious holidays will be respected
  • Gender-Specific Requirements: Workplace arrangements will comply with Saudi regulations regarding gender segregation where applicable
Local Compliance
Both Keller Executive Search and our clients comply with all applicable Saudi regulations, including:
  • Ministry of Human Resources and Social Development (MHRSD) requirements
  • Saudization quotas and requirements
  • Work visa and residence permit regulations
  • Social insurance requirements
Note: This job posting may be for a position with Keller Executive Search or one of our clients. The specific employer will be identified during the application and interview process. Employment terms will comply with Saudi Labor Law and related regulations.
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