A management professional with 25+ years of in-depth expertise in residential and commercial leasing & development, property management, Asset Management, specialty leasing , Mall Management and project coordination for a leading diversified conglomerate.Extensive experience in managing and leading complete leasing programs and activities including planning and development, leasing management and budget forecast to maximize rental, thereby increasing residential, commercial and mall profitability with the most desirable and productive tenants. Had the unique distinction of leading the Yardi & MRI property management ERP implementation across the organization.Areas of specialization include long-term & short-term leasing, mall media advertisement spaces, specialty leasing, kiosk, food court and seasonal tenants.AREAS OF EXPERTISE:Residential & Retail Leasing, Property Management, Mall Management, Facilities Management, Strategic Alliances, Leasing Advisory, Tenant Relations, Contract Negotiation, Administration ManagementValue-Added Attributes:Team Leadership, Team Management, Analytical Skills, Critical Thinking, Problem SolvingCONTACTS:00971.50.7881426 (UAE) / 0091-9526444476 (India)Email: abdul.rasheedak@outlook.com
Lootah Real Estate Investment
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General ManagerLootah Real Estate Investment Jun 2019 - PresentDubai, United Arab EmiratesKey Responsibilities:✔ Focusing on transaction management, asset management, business development, planning, implementation and coordination of development activities to provide the business with the platform to achieve sales and gross profit margins.✔ Responsible for restructuring the existing portfolio under the aegis of the group and streamlining properties to ensure scalability and profitability. Also contributed to policies and procedures.✔ Identifying relevant partners and… Show more Key Responsibilities:✔ Focusing on transaction management, asset management, business development, planning, implementation and coordination of development activities to provide the business with the platform to achieve sales and gross profit margins.✔ Responsible for restructuring the existing portfolio under the aegis of the group and streamlining properties to ensure scalability and profitability. Also contributed to policies and procedures.✔ Identifying relevant partners and investors in order to fully exploit the potential in each property before selecting/sourcing the team to manage or build the same.✔ Spearheading negotiations and completing deals which eliminate risk on the part of the company by achieving guaranteed tenancy, rent advanced, management agreements with corporates or profit share leases.✔ Providing expertise in the deal process and understanding the areas of how the occupier works, how the deal is perceived and how innovation can often win the tenant over. Show less
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Head / Director Of LeasingSaeed Mohammed Al Ghandi & Sons Jan 1995 - Nov 2018Dubai, United Arab EmiratesThe group is a diversified conglomerate with interests in automobiles, industry, electronics, transportation, education and real estate sectors. Been with the group for over 2 decades as an integral part of the senior management.Designation Chronology:✔ 2008- 2018: Director of Leasing & IT✔ 2002-2008: Leasing Department & IT In-Charge✔ 2000-2002: Leasing ManagerSpecial Assignments:✔ Director of Implementation of Yardi Property Management Solutions in 2017.✔… Show more The group is a diversified conglomerate with interests in automobiles, industry, electronics, transportation, education and real estate sectors. Been with the group for over 2 decades as an integral part of the senior management.Designation Chronology:✔ 2008- 2018: Director of Leasing & IT✔ 2002-2008: Leasing Department & IT In-Charge✔ 2000-2002: Leasing ManagerSpecial Assignments:✔ Director of Implementation of Yardi Property Management Solutions in 2017.✔ Projects Head – MRI Property Management Solutions – 2012.Overall Achievements:✔ With excellent tenant management and re-negotiation skills, the lease turnover has been reduced to less than 3%.✔ Customer satisfaction level reached 100% after the introduction of new smart technology.✔ Implemented balanced renewal contract rent policy to reach the annual budget.✔ Managed re-positioning of Abraj Shopping Centre, into a specialty mall with 100% occupancy and annual revenue of USD 15 million.✔ Conducted proper tenant screening to get right tenant mix.✔ Effectively created well- structured renewal policies to maximize revenue from existing projects✔Established Property Management procedure and managed to optimize return on investment.✔ Devised the leasing policy and rental structure for new projects for leasing.✔Negotiating and finalizing contracts with different stake holders.✔ Project Director for the Yardi and MRI ERP property management solution. Led the project from initiation to successful implementation.✔Conceptualized and carried out marketing campaigns including promotions during Dubai Shopping Festivals – 1997 to 2017✔ Managed the promotional activity for shopping center thereby increasing the foot traffic by 30-40%, retail sales by 40% and reduced overall vacancy by 5%. ✔Evaluated project viability of new projects. Market trend study to project future prospects✔ Oversaw IT for the property division. Show less
Abdul Rasheed Skills
Abdul Rasheed Education Details
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Arts -
Lal Bahadur Shastri Center For Science & TechnologyDiploma In Computer Application & Oracle Certification -
Rera Certification
Frequently Asked Questions about Abdul Rasheed
What company does Abdul Rasheed work for?
Abdul Rasheed works for Lootah Real Estate Investment
What is Abdul Rasheed's role at the current company?
Abdul Rasheed's current role is Director | General Manager | Head of Leasing | Residential, Commercial & Retail Management | Head of Real Estate & Asset Management |Mall Management | IT Management | Legal & Contractual Affairs.
What schools did Abdul Rasheed attend?
Abdul Rasheed attended University Of Kerala, Lal Bahadur Shastri Center For Science & Technology, Dubai Real Estate Institute - Drei.
What skills is Abdul Rasheed known for?
Abdul Rasheed has skills like Leadership, Legal Advisory, Business Strategy, Yardi Property Management, Mall Management, Team Building, Forecasting, Real Estate, Multi Property Management, Negotiation, Contract Management, Team Leadership.
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