Almotasim Billah Elhosiny

• Lead development of Asset Management's annual business plan including Leasing & Operation, KPIs, budget, policies, and procedures
• Act as P&L owner of Properties from handover up until exit
• Lead Leasing and Negotiate leasing agreements
• Ensure that handover, fit-out and Opening of leased units within plan timeline
• Ensure that Properties financial performance is achieved, and projected returns are realized in conjunction with all departments involved in operational lifecycle
• Propose and suggest improvement
• Provide critical input to Development and Delivery during development and feasibility stages
• Conduct periodic site visits and coordination meetings with Property managers within overseen properties
• Negotiate all Operations and Service Providers Agreements to insuring Smooth and Cost-effective Assets Operation
• Building Long Term Relationship with Strategic Developers & Tenants to Maximizing Power of Feasibility Study and to discussing new business Opportunities
• Evaluate assets and operations activities and reviewing financial performance and cash flow
• Building strategic relationship with brokers, Consultants, Investment Advisors
• Conducting market Surveys and Recommend new investment opportunity
• Guide & Coordinate between Company's Departments to Building company Plans, policies and procedures
• Conducting Meetings with Stockholders, Government Authorities and Service providers to explain and present company goals.
• Analysed market trends and developments to track and mitigate risk exposure.
• Reported on overall portfolio management, outlining progress, issues and forecasting for effective planning.
• Presented performance outcomes to key stakeholders and highlighted improvement gaps to continue company growth.

• Lead Leasing & marketing of Managed properties, advice for maximizing of property revenue
• Oversee daily operations of Properties
• Perform individual asset performance review and recommend value enhancement which covering: -Revenue enhancement -Footfall enhancement -Cost optimizations -Expansions, renovations, and repositioning
• Review all contracts and vendors agreements including and not limited to maintenance, security, landscape, etc
• Implement strong tenant relation system
• Lease management and administration
• Request and review revenue leakage reports summarizing late/ missed collections, and ensure corrective actions are taken

• Property Managed:
• Centeria Centre (Luxury Mall with Office Towers) with GLA of 78,000 m2
• Deghaither Centre 1,2 (Line Shop, Offices) with GLA of 28,000 m2
• Development of 2 Strip Centre in Riyadh with GLA of 36,000 m2
• Responsibilities:
• Develop Leasing Plans to identify new clients and negotiate with prospective tenants to maximize income in line with business plan
• Oversee proper tenants mix and zoning within project in line with business plan and market demand to achieve desired footfall of public
• Negotiate both new and renewal across all categories of tenants including: Anchors, Food & Beverages, Leisure and other categories
• Develop and maintain long term beneficial relationship with all existing tenants and other possible tenants to ensure current and future continuity of projects
• Resolves complains and demands of tenants and directs different departments to remove causes of complains and respond to tenants' requests considering legal and contractual obligations of all parties
• Direct Developing of Marketing Plan and lead implementation Presses.

• Mall managed, is Considered one of most important 1st Class projects in Kingdom, it is located in one of most luxurious areas in Riyadh witnessing great commercial and real estate development and high population density-with Gross Building Area of 143,600 m2 & Gross leasing Area of 90,000 m2 fully by more than 300+ most luxuries shops
• Achievements:
• Designed and implemented business plan through close monitoring and implementation of different property activities to deliver revenues and profitability targets
• Developed leasing plan (Prospects list, Depth of tenancy, Positioning, Major retailers' identification, Customer expectations, Unique selling proposition, Lease rates and financial modules…etc.)
• Positioning Mall as Most Luxury Mall in Riyadh
• Grand Opening of Mall
• Reach 100 % out of property leased
• Reach 97% Operating Outlet within 8 months
• Maximizing revenue of property over 20% By changing tenant mix and added potential extra GLA
• Conceived KPI's and master plan to develop new businesses by highlighting all matters relating to property management services to increase growth and appreciation of property.
• Acted as main point of contact for tenants, contractors and third party agents.
• Conducted routine inspections in line with proper procedures and within agreed timescales.
• Marketed properties on various platforms to increase interest and limit time vacant.
• Built positive relationships with tenants and clients to increase brand loyalty.
• Gathered evidence of problem tenants for legal and insurance cases.
• Inspected properties regularly to verify good cleanliness standards and maintenance.
• Resolved maintenance issues in line with relevant procedures.

• Facility managed, is valued at 800M Saudi Riyals and includes 70000 sq
• M occupied as shopping space, 3 towers - offices & Residential space of 100000 sq
• M and one five Star hotel consisting of 120 rooms
• Achievements:
• Developed lease documentations (Offer, MOU, Contract…etc.) and oversee documents signing and payments
• Maximizing revenue of property over 70% By changing tenant mix and added potential extra GLA
• Conducted market research on turning mall to factory outlet mall
• Create new identity for property
• Offering, Negotiate and finalizing deal with international Hotel Operator.

• Company was established in 1979 and is into Retail markets with network of 50 retail outlets throughout KSA and lately involved into Development of Properties since 2004.
• Reduced costs and improved operations by analysing processes and customer feedback.
• Minimised discrepancies by effectively training employees on best practices, policies and procedures.
• Led overall direction, coordination and evaluation of department functions.
• Managed and motivated high-performing teams for successful KPI attainment.
• Analysed financial data to track and achieve budget targets.
• Monitored and reviewed operational performance, aiding improved business strategy to maximise productivity.
• Aided senior leadership by recommending corrective actions and improvements to company operations.
• Supervised daily operations, acting as point of contact for any queries or obstacles.
• Liaised with management to align daily operations with overarching priorities.
• Developed, recommended and implemented strategies to improve employee work quality and speed.

Company formed in 1965 diversified conglomerate with interests spanning across publishing, real estate, airlines contracting, building materials, furniture, maritime, catering banking transportation and automotive lines.

• Oversaw accounting, payroll and financial reports to support daily functions.
• Oversaw and approved monthly management accounts, contributing to strategic decision-making.
• Completed meticulous monthly balance sheet reconciliations, achieving financial accuracy.
• Produced management information and KPI measurement through conducting variance analysis.
• Reviewed annual financial statements, collaborating with audit partners to produce statutory accounts.
• Directed cost lines of P&L, managing staff costs, rent and overheads for optimal financial performance.
• Provided input into short and long-term cashflow forecasts, optimising liquidity management.
• Assessed financial performance metrics, identifying areas for improvement and growth.