Senior Leasing Manager

ROLE SUMMARY

The Senior Manager – Leasing is responsible for overseeing leasing activities within the corporate retail portfolio, ensuring alignment with GMG's strategic and financial objectives. This role involves leading the leasing administration process, overseeing negotiations, contract management, and regulatory compliance to drive optimal financial performance. The incumbent works closely with the Vice President – Properties to implement leasing strategies that enhance asset value while supporting business expansion initiatives.

ROLE RESPONSIBILITIES

Leasing Operations & Strategy:

• Manage end-to-end leasing operations, including contract negotiations, lease renewals, and terminations, ensuring all agreements align with GMG’s business objectives.
• Develop and implement leasing strategies to maximize occupancy rates and rental yields.
• Identify and secure new retail locations in line with GMG’s expansion plans.
• Ensure all lease agreements comply with corporate policies, legal regulations, and industry best practices.
• Monitor and analyze market trends to identify opportunities for securing favourable lease terms.

Lease Administration & Compliance:

• Draft, review, and oversee the execution of lease agreements while ensuring compliance with corporate standards and legal regulations.
• Conduct lease audits to ensure accurate financial tracking and adherence to contractual obligations.
• Maintain accurate lease documentation, ensuring proper record-keeping and retrieval processes.
• Oversee rent escalations, service charge agreements, and lease-related financial commitments.

Financial & Budgeting Responsibilities:

• Collaborate with the finance team to align leasing activities with GMG’s financial goals, ensuring budget forecasting and expense tracking accuracy.
• Analyze leasing costs and revenue generation to optimize financial performance.
• Prepare monthly and quarterly leasing reports, providing insights and recommendations to executive leadership.

Stakeholder & Relationship Management:

• Build and maintain strong relationships with landlords, property managers, and external stakeholders to negotiate favourable lease terms.
• Serve as the primary point of contact for all leasing-related negotiations and dispute resolutions.
• Coordinate with internal teams, including finance, legal, and operations, to streamline leasing processes and standardize procedures.

Risk Management & Compliance:

• Evaluate and mitigate leasing-related risks by identifying potential issues and proactively addressing them.
• Ensure compliance with all local leasing laws, regulations, and company policies.
• Monitor lease performance and recommend improvements to optimize operational efficiency.

REQUIREMENTS & QUALIFICATIONS

• Strong knowledge of leasing agreements, real estate laws, and contract negotiation.
• Expertise in financial analysis, lease budgeting, and expense forecasting.
• Ability to interpret market trends and apply insights to leasing strategies.
• Strong negotiation, communication, and relationship management skills.
• Proficiency in lease management software and Microsoft Office Suite (Excel, Word, PowerPoint).
• Strategic thinking with a results-driven approach to achieving leasing objectives.
• Excellent attention to detail with the ability to handle multiple priorities effectively.
• Bachelor’s degree in business. MBA preferred.
• 10 years in leasing. 5 years in a senior role.
• Proven track record of negotiating and managing large-scale lease agreements.
• Experience in working with landlords, developers, and real estate consultants in a corporate leasing environment.