SUMMARY:
- Responsible for all leasing functions, including reviewing and negotiating lease transactions and
POSITION INFO:
Position: Leasing Manager
Location: Port Elizabeth
Requirements:
- Grade 12
- Bachelors Degree or equivalent
- Minimum 5 years’ experience in lease negotiations with high level landlords in South Africa
- Sound knowledge of leasing and lease agreements
- Excellent negotiation skills
- Good financial background
Responsibilities:
- Responsible for all leasing functions, including reviewing and negotiating lease transactions and agreements
- Liaise with tenants in respect of negotiations and leasing concerns
- Prepare and update leasing schedules
- Contact landlords 3 months in advance of lease renewals to receive renewal offers from landlords to commence negotiations
- Gather operational statistics on centre and shop performance, to effectively establish reasonable offers that will ensure sustainability on behalf of the franchisee
- Follow up with landlords and franchisees on concerns, administrative requirements, documentation, and final agreements
- Reassess whether relocation options are necessary for franchisees, to ensure higher visibility, improved shop allocations inside or outside the malls, and flag where necessary underperforming malls / sites
- Consistently scout for new sites, and negotiate the relevant deals associated to potential new stores or relocation of existing stores
- Ensure board approvals on leasing decisions from landlords and Franchisor on behalf of Franchisees
- Ensure the relevant offer to lease, or addendum to lease agreements are obtained from landlords.
- Review lease agreements and suggest changes in favour of the franchisee to ensure cost effectiveness, favourable terms and negotiate the relevant changes.
- Liaise with Legal division on the lease agreements and ensure sign-off on agreements from the legal division.
- Review lease agreements for final approval.
- Responsible for the productivity and budgetary performance of the leasing operations department.
- Develops and implements policies and procedures to improve efficiency and profitability of the department.
- Monitors leasing trends of competitors in the marketplace, to ensure we are best positioned for the future.
- Report on current deals, progress or status of deals, terms, updates, and approvals.
- Produce quarterly cost saving reports to central finance for review and collaboration.
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