Waqaf An-Nur Corporation Berhad
Executive / Senior Executive (Business Development & Leasing)
Skills
2 months ago
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Important information
Contract type:
Permanent
Location:
Johor Bahru, Johor, Malaysia
Work mode:
Onsite
Published on:
13 August 2026
What they need
Leasing Strategy and Portfolio Performance
- Develop and execute the annual leasing plan, occupancy strategy, tenant-mix plan and revenue targets for Waqaf An-Nur properties.
- Maintain an up-to-date inventory of lettable areas, vacant spaces, asking rentals, occupancy status, lease expiries, rental escalations and prospect pipeline.
- Undertake market benchmarking on rental rates, incentives, competing buildings, tenant demand and relevant property trends, and recommend appropriate commercial positioning.
- Identify suitable target sectors and anchor tenants, including healthcare, professional services, government-linked entities technology and other complementary uses.
- Prepare occupancy, rental-income and leasing forecasts for the annual budget and strategic plan.
Tenant Acquisition and Deal Execution
- Lead prospecting and tenant-acquisition activities through direct outreach, referrals, property agents, digital listings, events and strategic networks.
- Manage enquiries, arrange site visits, present the building’s value proposition and follow up systematically until closure or formal rejection.
- Assess prospective tenants for strategic fit, financial standing, operational requirements, reputation and credit risk before recommending a transaction.
- Prepare and negotiate proposals, letters of offer, heads of terms and other commercial documents within the approved authority limits.
- Coordinate with Legal on tenancy agreements and with Finance on deposits, billing setup, credit control and financial due diligence.
- Maintain complete deal records and ensure all approvals, documentation, deposits, insurance and conditions are satisfied before handover.
Lease Administration, Renewals and Tenant Retention
- Maintain the master tenancy register and ensure critical dates, rental revisions, options, deposits, notices and obligations are accurately tracked.
- Initiate renewal engagement sufficiently in advance, recommend renewal terms and execute retention or replacement strategies to minimize vacancy downtime.
- Coordinate tenant onboarding, space handover, fit-out submissions, reinstatement, relocation and exit processes with Facilities Management and other stakeholders.
- Conduct regular tenant engagement, promptly coordinate resolution of commercial or service issues and monitor tenant satisfaction.
- Work with Finance on rental collection, arrears, deposits and recovery plans; escalate material defaults and recommend appropriate action.
- Monitor tenant compliance with tenancy conditions, permitted use, fit-out requirements, licences, insurance and building policies.
Commercial Partnerships
- Identify, assess and develop new revenue streams and commercial uses for office tower, including space activation, healthcare-related uses, advertising, events, ancillary services, partnerships and other asset-enhancement opportunities.
- Build a qualified pipeline of partners, operators, tenants and investors aligned with the property positioning and Waqaf An-Nur’s strategic objectives.
- Coordinate commercial discussions, due diligence and prepare proposals for Management or the relevant approving authority.
- Coordinate implementation of approved initiatives and track post-implementation financial and operational performance.
Stakeholder, Reporting and Governance
- Serve as the primary commercial contact for tenants, prospects, leasing agents, valuers, consultants and strategic partners.
- Coordinate closely with Facilities Management to ensure tenant requirements and building readiness support leasing commitments and customer experience.
- Prepare weekly pipeline updates and monthly management reports covering occupancy, rental performance, enquiries, viewings, offers, renewals, arrears, risks and business-development progress.
- Prepare papers, presentations and recommendations for Management, committees and the Board, where required.
Qualification and Job Requirements
- Bachelor’s degree in Property Management, Real Estate, Business Administration, Marketing, Finance or a related discipline.
- Minimum five (5) years of relevant experience in commercial-property leasing, asset management, business development or a related field; office-building experience is strongly preferred.
- Demonstrated experience in prospecting, commercial negotiation, lease documentation, tenant relationship management and management reporting.
- Experience developing business cases, budgets or financial feasibility assessments is an advantage.
- Working knowledge of commercial tenancy practices, property-market dynamics and relevant Malaysian regulatory requirements.
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