Sentosa Development Corporation | Senior Executive, Island Investment

6 days ago


Singapore Sentosa Development Corporation Full time

Job Summary
Ideal candidate will provide business support and lease administration services. Responsibilities include supporting strategies to enhance the island's tenancy mix, conducting market research, delivering regular market updates, and executing business development for new projects. Lease administration duties involve ensuring proper documentation, managing lease status, overseeing financial aspects, and fostering partnerships with tenants.
Business Support
Support in the implementation of strategies and initiatives to continuously improve and enhance the island's tenancy mix and business performance
Conduct market research to identify business opportunities
Provide team with regular market updates for industry verticals, attraction, hotels, F&B and retail
Support in executing business development of new projects, including upkeeping of investors’ contacts and due diligence checks
Lease Administration
Ensure proper lease documentation
Prepare all cover letter, letter of offers for new and renewal of Tenancy agreement in conjunction with internal legal department and manage and track versions of templates for lease, licenses and tenancy agreements
Prepare all novation, transfer, termination surrender letters, variation supplemental to lease, expiry letters
Manage and track status of lease documentation
Monitor collection and release of advance rentals, fitting out/ security deposits, e-guarantees,
Inform and liaise with Operations on handing over/taking back space
Ensure tenant’s leasing details and sales fata are accurately input into Tenancy Management System.
Oversee all issuance and receipt of all documents
Send all executed legal document for stamping
Perform ACRA searches
Perform all general filing and manage Document Management System for the department
Monitor and manage rental arrears with Finance department and assist with chasers for arrears, including issuance of Letter of Demand, if necessary
Manage appointed valuers in the leasing of the Island's properties
Foster partnership with prospective tenants, existing tenants (Island Partners) and build win-win relationships
Pre-requisites
Diploma/Degree in General Business Management, Property Management, Building, Engineering, Real Estate or a related field
At least 3-4 years of relevant working experience
Experience in managing/leasing commercial spaces is essential.
Strong real estate and project management skills. Able to multitask
Possess good analytical capabilities.
Self-motivated, positive, resourceful and result-oriented
Good communication skills, both written and spoken
Team player with good interpersonal skills
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