Project Manager

Position: Project Manager – Leasing & Asset Enhancement

Reporting To

Senior Operation Manager / Head of Leasing & Asset Management

Job Purpose

The Project Manager is responsible for overseeing leasing strategies, rental pricing, tenancy documentation, and asset enhancement initiatives for the shopping mall. This role ensures that leasing decisions align with the mall's positioning, revenue objectives, and long-term redevelopment plans, while leading future mall revamping and renovation projects to enhance customer experience and asset value.

Key Responsibilities

1. Leasing Strategy & Rental Pricing

• Develop and recommend leasing strategies to maximize occupancy, rental income, and tenant mix.
• Conduct market research and benchmarking of competing shopping malls.
• Evaluate rental proposals and recommend appropriate rental rates, turnover rent structures, and incentive packages.
• Support lease negotiations with prospective and existing tenants.
• Monitor leasing performance, occupancy cost ratios, and tenant sales trends.

2. Lease Administration & Contract Management

• Oversee preparation, review, and execution of tenancy agreements, renewal agreements, licences, and related documentation.
• Coordinate with legal advisors on lease negotiations and dispute resolution.
• Ensure compliance with company policies, lease obligations, and statutory requirements.
• Manage lease renewal schedules and tenancy expiry planning.
• Maintain accurate leasing records and reports.

3. Tenant Mix Planning & Mall Positioning

• Analyse customer demographics, footfall trends, and market surveys.
• Recommend optimal tenant mix strategies to strengthen the mall's competitiveness.
• Identify opportunities to introduce new retail, F&B, entertainment, lifestyle, healthcare, and service concepts.
• Work closely with marketing and operations teams to enhance mall performance.

4. Mall Revamping & Asset Enhancement Projects

• Lead asset enhancement initiatives (AEI) and mall revamping projects from concept development through completion.
• Coordinate with architects, consultants, contractors, leasing team, and management.
• Prepare project feasibility studies, budgets, schedules, and business cases.
• Monitor project progress, costs, quality, and risk management.
• Ensure construction works are completed with minimal disruption to mall operations and tenants.
• Evaluate post-project performance and return on investment.

5. Stakeholder Management

• Liaise with tenants, consultants, contractors, government authorities, and internal departments.
• Present leasing and redevelopment proposals to management.
• Build strong relationships with key tenants and business partners.

6. Reporting & Analysis

• Prepare regular reports on:
• Occupancy levels
• Leasing pipeline
• Rental income forecasts
• Tenant mix performance
• Project progress and budgets
• Provide recommendations to improve asset performance and value.

Requirements

Education

• Degree in Finance, Accounting, Human Resources, Business Administration, Real Estate, Property Management, Surveying, Business Administration, Project Management, or related disciplines.

Experience

• 6-10 years' relevant experience in finance, human resources, asset management, property management, leasing, or project management.
• Candidates with experience in financial planning and analysis, budgeting, talent management, organizational development, or asset enhancement initiatives are preferred.
• Experience in managing investment portfolios, real estate assets, or business improvement projects would be an advantage.
• Familiarity with Hong Kong retail market trends would be an advantage.

Skills & Competencies

• Strong financial analysis, budgeting, and business planning capabilities.
• Good understanding of human resources management, including talent development and organizational effectiveness.
• Sound asset management and project management skills.
• Strong analytical, presentation, communication, and stakeholder management abilities.
• Ability to evaluate business performance and identify opportunities to enhance asset value.
• Self-motivated, proactive, and results-driven.

Key Performance Indicators (KPIs)

• Occupancy rate achieved.
• Rental income growth.
• Lease renewal success rate.
• Tenant mix enhancement targets.
• Project completion within budget and schedule.
• Increase in footfall and customer engagement following revamping projects.
• Return on investment for asset enhancement initiatives.