Job Purpose
The Senior Leasing Specialist is responsible for maximizing occupancy, revenue, and tenant mix across Al Khozama Investment’s real estate portfolio, including commercial, retail, hospitality, and mixed-use assets. The role leads leasing strategy execution, negotiates complex lease transactions, builds strong tenant relationships, and supports long-term asset value enhancement through proactive market positioning and performance optimization.
Key Responsibilities
Leasing Strategy & Execution
- Develop and implement leasing plans aligned with asset business plans and revenue targets.
- Identify, target, and secure high-quality tenants to enhance tenant mix and asset performance.
- Manage the full leasing cycle: prospecting, marketing, negotiations, documentation, and handover.
- Maintain optimal occupancy levels and minimize vacancy periods.
Negotiations & Transactions
- Lead lease negotiations including commercial terms, renewals, expansions, and restructures.
- Prepare financial proposals, rental analysis, and deal structures to maximize NOI and ROI.
- Coordinate with legal teams on lease drafting and compliance with company policies.
Tenant Relations & Account Management
- Build and maintain strong relationships with existing and prospective tenants.
- Manage renewals, retention strategies, and tenant satisfaction initiatives.
- Act as the primary point of contact for key accounts.
Market Intelligence & Reporting
- Conduct market research and competitive analysis to inform pricing and positioning strategies.
- Monitor market trends, demand shifts, and competitor activity.
- Prepare leasing reports, forecasts, and performance dashboards for management.
Collaboration & Stakeholder Management
- Work closely with Asset Management, Marketing, Finance, Legal, and Property Management teams.
- Support marketing campaigns, property launches, and promotional initiatives.
- Participate in budgeting and revenue planning processes.
Compliance & Documentation
- Ensure accurate documentation of all leasing activities in CRM/ERP systems.
- Maintain compliance with company policies, legal standards, and local regulations.
Key Performance Indictors (KPI’s)
- Occupancy rate
- Leasing revenue and NOI growth
- Tenant retention rate
- Average vacancy period
- Deal closing ratio
- Tenant satisfaction scores
Qualification and Experience
- Bachelor’s degree in Real Estate, Business Administration, Finance, or related field.
- 6–10+ years of commercial/retail leasing experience, preferably within mixed-use or hospitality portfolios.
- Strong understanding of lease structures, financial modeling, and property valuation concepts.
- Proven track record of closing complex leasing transactions and meeting revenue targets.
- Fluency in both Arabic and English Languages
About the company
Company website•Real Estate and Food and Beverage Services
Chaired by His Royal Highness Prince Bandar bin Saud Al Saud, and majority owned by The King Faisal Foundation (KFF), an international philanthropic organization established in 1976 with the mission of preserving and perpetuating King Faisal’s legacy
Since 1995, Al Khozama Investments has been the frontrunner in the development of Luxury Hospitality, Premium Retail and mixed use Commercial & Residential Environments. Al Khozama has proudly been the source of many BOLD FIRST IN SAUDI ARABIA.
Combining smart investment in prime locations, outstanding vision for tomorrow’s trends, an innovative approach to operations and management, Al Khozama Investments today is the proud owner of the first luxury mixed-used development within the heart of Riyadh, The District Al Faisaliah, home to Al Faisaliah Tower, designed by Sir Norman Foster + Partners, the first commercial skyscraper in the kingdom, and the Al Faisaliah Hotel and Suites Managed by Mandarin Oriental, one of the finest and most sought-after 5-star luxury hotels in Saudi Arabia, the iconic Kenzo Tang designed Khairyiah Towers.
With few steps away you will immerse in Mode Mall the home to luxury brands and world-class fine and casual dining restaurants. reopened in 2021 after a multi-million dollar refurbishment, transforming the building inside and out. Instantly recognizable by its dramatic curves and cascading oval roofline, the mall is now much larger, accommodating new retail.
Al Khozama Investments is an award winning pioneer which boasts a diversified business model that encompasses the ownership, investments, development and management of best in class properties in the hospitality, retail, F&B, office sectors and is the first and only locally inspired brand in the hospitality sector that has such a wide-ranging portfolio from leisure resorts and city center business hotels. A portfolio which will keep growing as we continue to diversify and expand our operations nationally and regionally.