Saudi Arabia Job Openings

Keller Executive Search

Real Estate Leasing Manager - Diverse Property Portfolio

Riyadh

FULL TIME

October 24, 2024

A leading real estate firm based in Riyadh is seeking a skilled Leasing Manager to oversee leasing operations for its commercial, retail, and residential properties. This position requires a proactive and strategic professional to drive occupancy rates, secure tenants, and ensure strong revenue generation through effective tenant relations and leasing management.

Key Responsibilities:
  • Lead negotiations with prospective tenants for new leases, renewals, and expansions.
  • Implement strategic leasing initiatives to optimize rental income across various property types.
  • Conduct property tours and presentations for potential tenants, highlighting key features.
  • Collaborate closely with marketing to develop and execute targeted campaigns.
  • Ensure all lease agreements comply with Saudi property laws and company policies.
  • Oversee the drafting, review, and negotiation of lease contracts.
  • Conduct in-depth market analysis to stay ahead of competitive leasing conditions.
  • Work with internal teams (legal, finance, property management) to ensure smooth leasing operations.
  • Maintain high occupancy levels and meet established rental income targets.
  • Provide senior management with detailed reports on leasing activities and market conditions.
  • Supervise junior leasing staff, offering guidance and mentorship.
  • Contribute to the annual budget planning process by forecasting rental income and vacancy rates.
  • Build and maintain strong relationships with tenants, ensuring long-term satisfaction.
Requirements:
  • Must be currently based in Saudi Arabia with transferable sponsorship.
  • A bachelor's degree in Business Administration, Real Estate, or a related discipline.
  • A minimum of 5-7 years of leasing management experience, ideally in the Saudi real estate market.
  • Demonstrated expertise in developing successful leasing strategies.
  • Fluent in both Arabic and English.
  • Strong knowledge of local real estate laws and market trends.
  • Proven experience using property management software.
  • Excellent communication and negotiation skills.
Benefits:
  • Attractive salary package ranging from SAR 200,000 to SAR 350,000, including housing and transportation allowances, along with medical insurance.
  • Work with an industry-leading real estate company.
  • Opportunities for professional growth and career development.
  • A collaborative, 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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