Commercial Director — Luxury Retail Leasing

Commercial Director — Luxury Retail Leasing

We are seeking a visionary and results-driven Commercial Director to lead the revenue operations of a prestigious luxury retail mixed-use complex, driving strategic growth and maximizing financial performance. This pivotal role demands a seasoned professional with a proven track record in commercial leadership, capable of transforming occupancy targets into tangible success while fostering long-term tenant relationships and optimizing income streams.

In this dynamic position, you will play a critical role in shaping the commercial strategy of a high-profile destination, ensuring alignment with the merchandising plan while delivering exceptional returns. Your expertise will be instrumental in closing remaining occupancy, managing signed tenant relationships, and elevating trading performance to new heights. Beyond traditional leasing, you will oversee secondary commercial streams—including brand partnerships, exclusive sponsorships, high-impact events, and premium media assets—expanding revenue opportunities and enhancing the asset’s market positioning.

Key Responsibilities:

• Lead the execution of the merchandising plan, ensuring full occupancy and revenue optimization for the luxury retail mixed-use complex.
• Oversee tenant relationships, monitoring trading performance and income quality to drive profitability and tenant satisfaction.
• Develop and implement strategies for secondary commercial streams, such as brand collaborations, sponsorships, exclusive events, and media placements, to diversify revenue sources.
• Collaborate with cross-functional teams to align commercial objectives with broader business goals, ensuring seamless execution of leasing and operational initiatives.
• Leverage market insights and industry trends to position the asset as a premier destination for luxury retail and lifestyle experiences.

Key Requirements:

We are looking for a candidate with:

• 12 to 15+ years of experience in commercial leadership, specializing in mixed-use destinations, luxury retail, or high-end lifestyle assets, with a proven ability to drive occupancy and operational excellence.
• At least 5 years of regional experience in the Kingdom of Saudi Arabia (KSA) or the broader Gulf Cooperation Council (GCC), demonstrating deep market knowledge and regulatory acumen.
• A track record of success in transforming live assets to full occupancy while managing tenant operations, leasing performance, and revenue growth.
• Strong market access and an extensive network within regional and international F&B and retail brands, as well as tier-one property agencies, to facilitate strategic partnerships and high-value leasing opportunities.
• Regulatory expertise in KSA commercial leasing, municipal licensing, and Ejar (property ownership regulations), ensuring compliance and mitigating operational risks.
• Fluent English proficiency, with Arabic fluency strongly preferred to effectively engage with local stakeholders, tenants, and partners.

This is an opportunity to lead a transformative commercial strategy in one of the most exclusive luxury retail environments in the region. If you are a strategic thinker with a passion for driving revenue growth and fostering premium commercial relationships, we invite you to apply and contribute to the next chapter of this iconic asset.