Strategic Growth Executive(Optical Retail Industry)
3 days ago
**Key Responsibilities**:
**1. Tenancy & Lease Management**
- Manage the full lease lifecycle of retail outlets, including lease renewals, tenancy extensions, rent reviews, and early termination negotiations.
- Serve as the main liaison with mall management teams, landlords, and property consultants to ensure favorable lease terms aligned with business objectives.
- Monitor and track all critical lease dates and ensure timely action on renewals, rent escalation clauses, and contract obligations.
- Recommend rental negotiations, space resizing, or reallocation based on commercial viability and store performance metrics.
**2. Commercial Lease Negotiation**
- Lead and participate in negotiation of new and existing tenancy agreements, including commercial terms, rent-free periods, capex contributions, and lease conditions.
- Secure commercially competitive agreements while balancing long-term brand positioning and store profitability.
- Prepare and present leasing proposals and analysis for internal approval, supported by financial assessments and benchmarking.
**3. Documentation, Filing & Correspondence**
- Oversee the preparation, coordination, and review of all tenancy-related documents, including lease agreements, renewal letters, legal addenda, and official mall forms.
- Ensure proper filing, storage, and version control of all lease and legal documents, both physically and digitally.
- Manage ongoing correspondence with mall management, landlords, legal representatives, and external stakeholders on tenancy matters, including notices, dispute letters, and formal communications.
- Maintain a central property database with up-to-date lease terms, financial obligations, and contact records for each store.
**4. Lease & Rental Performance Analysis**
- Analyze sales per square foot, rental efficiency, and occupancy cost ratios to guide strategic tenancy decisions.
- Work closely with Finance and Operations to assess rental productivity and profitability by outlet.
- Generate reports for management highlighting lease risks, upcoming renewals, cost-saving opportunities, and underperforming locations.
**5. Store Portfolio Optimisation**
- Support decision-making related to downsizing, relocations, or space consolidation, particularly in malls with changing traffic patterns or tenant mixes.
- Participate in discussions on store exit strategies, subleasing opportunities, and space conversions when required.
**6. Retail Expansion Support**
- Provide support on new store site assessments only when aligned with network planning or relocation efforts.
- Assist in the leasing and documentation process for new store openings, including negotiations and handover coordination.
**Knowledge and Skill Requirements**:
- Bachelor’s Degree in Real Estate, Business Administration, Property Management, or related field.
- Minimum 5-8 years of hands-on experience in commercial leasing, property management, or retail tenancy coordination—preferably within a large-scale retail chain or mall operator environment.
- Strong understanding of commercial lease structures, legal documentation, and negotiation practices.
- Excellent administrative and documentation management skills with high attention to detail.
- Proficient in MS Excel, Word, and PowerPoint; experience with lease management systems or property software is advantageous.
- Strong interpersonal skills and the ability to liaise confidently with external stakeholders and internal departments.
- Able to travel when necessary for mall meetings, site visits, and lease handovers.
**Benefit**:
- EPF + SOCSO
- Annual Leave + Medical Leave
Pay: RM6,500.00 - RM9,000.00 per month
**Education**:
- Bachelor's (required)
**Experience**:
- commercial leasing, property management background: 5 years (required)
Work Location: In person
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