Position: Real Estate Private Equity Analyst
Department: Acquisitions / Asset Management
Location: London
When: Analyst starting as soon as possible
The London Tishman Speyer Team is looking for its next analyst.
Company Profile
Tishman Speyer creates vibrant destinations and dynamic environments that inspire innovation and connected communities. As a diversified developer, operator, and investment manager of top-tier real estate in 33 markets across the globe, our business choices are driven by the belief that real estate should unlock human potential. Tishman Speyer's diversified portfolio spans market rate and affordable residential communities, premier office properties and retail spaces, industrial facilities, and mixed-use campuses. We create state-of-the-art life science centers through our Breakthrough Properties joint venture, and foster innovation through our strategic proptech investments. By combining global perspective with local expertise, and a personalized approach, we are able to anticipate our customers' evolving needs. We were the first real estate company to introduce asset-wide amenity services through our ZO platform, and the first traditional real estate company to create its own flexible space and coworking brand, Studio.
Tishman Speyer is one of the leading developers, owners, operators, and asset managers of first-class real estate worldwide. Since our founding in 1978, Tishman Speyer has acquired, developed, and operated 522 properties, totalling 218 million square feet, with a combined value of over $129 billion (U.S.). Tishman Speyer currently has approximately $68 billion in assets under management, including iconic properties such as Rockefeller Center in New York City, The Springs in Shanghai, TaunusTurm in Frankfurt, and Mission Rock in San Francisco.
Responsibilities of the Role covering the United Kingdom
Acquisitions
Analyze real estate acquisition opportunities, assist in the due diligence process and the preparation of internal recommendation memos, and undertake market research necessary to determine appropriate underwriting assumptions.
Assist in evaluation of acquisitionsConduct asset site inspections
Work with the other functions within TS (property management, asset management, and construction) to gather data relevant to asset valuation
Develop asset acquisition financial analysis
Create multiple scenarios using different finance strategies
Assist in the due diligence processCreate and manage the detailed financial models
Develop and maintain documentation
Attend meetings with sellers, brokers and attorneys
Undertake market research and maintain a data base of key transactionsReview critical issue reports, newsletters, and publications
Survey market rents, inventory, absorption, new construction
Update/maintain internal market database
Asset Management
Underwrite TS assets to facilitate internal decision regarding hold, sell, or refinance. Assist in financing, dispositions. Update investors regarding asset-level and fund performance. Provide solutions for improving asset and fund performance.
Conduct performance calculations for each TS asset:Work with Property Management, Finance, Construction, Tax and Accounting teams to gather relevant data
Update financial models and returns calculations on a quarterly basis
Conduct sensitivities, hold/sell analyses, tax restructuring analyses, and make recommendations to senior management based on results. Create multiple scenarios using different finance strategies
Work with Portfolio Management to evaluate current property values
Assist in dispositions process:Help create sale memoranda and data room
Analyze offers and run different exit strategies
Attend meetings with prospective buyers, brokers and attorneys
Create presentations and reportingPrepare information for senior management to take important strategic decisions regarding assets
Assist in the creation of relevant presentations and memoranda for internal or external use
Create and update reporting (investors, banks, administration)
Prepare reports for investors. Present those reports to investors and demonstrate ability to intelligently answer investor questions regarding TS investments
Conduct property inspections and operations reviewReview documentation (leases, contracts, condition reports)
Conduct asset site inspections
OtherAssist in financing and refinancing processes
Assist in yearly budgeting campaign
Assist in marketing campaigns
Required Skills / Experience
The candidate will interact with colleagues throughout the organisation and therefore should be articulate, with the ability to communicate effectively across all functions and levels, including senior management.
Required for the role is:A good understanding of Real Estate investment markets and metrics
A minimum of 6-12 months of relevant work experience in real estate or investment banking (including internships)
Demonstrated academic success, with a bachelor's degree in areas such as finance, accounting or other analytical / quantitative fields
Strong quantitative and analytical skills
Excellent financial modeling skills including a high degree of proficiency with Excel, PowerPoint, Word
Demonstrable ability to think strategically and to present information in a clear and concise manner
Demonstrated initiative and sound judgment in managing multiple tasks
Strong problem-solving skills
Good listening skills and responsiveness
* Well-organised with exceptional attention to detail
MNCJobs.co.uk will not be responsible for any payment made to a third-party. All Terms of Use are applicable.