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Associate, Portfolio & Asset Management

Frankfurt, Germany

Description

 

Company Description

 

Founded in 1966, Heitman is a premier global real estate investment management firm with over $50 billion in assets under management. Heitman has three main business lines: direct real estate investment; the origination and servicing of debt secured by real estate and investments in publicly traded securities, including REITs, REOCs and other real estate companies. The Firm offers investment products and services across the risk/return spectrum, within each category.

 

Heitman is proud to be employee owned, and the firm’s real estate solutions are directed by some of the most experienced and innovative professionals in the industry. Headquartered in Chicago, with offices in Frankfurt, Hong Kong, London, Los Angeles, Luxembourg, Melbourne, New York, Seoul and Tokyo, Heitman has 350 employees who offer specialized expertise — from a specific discipline to local insight.

 

This Opportunity

 

Our Frankfurt office is seeking an Associate to join our Real Estate Private Equity team in the Portfolio & Asset Management group. The ideal candidate will be highly analytical with strong Excel modelling skills, fluent in German and English, able to work in a fast paced, team-oriented environment and have an interest in growing their career in Real Estate. This position will work on both asset and portfolio management.

 

The responsibilities of an Associate, Portfolio & Asset Management include, but are not limited to:

  • Manage a portfolio of real estate investments for various Heitman managed funds and separate accounts
  • Assist in preparation of, and monitor, annual business plans for the assets under management
  • Review annual budget proposals and leasing plans of assets
  • Implement a long-term asset management strategy for a specific property type, including income and expense forecasting, leasing plan, capital budget, value creation activity and risk-return analysis for assets, perform hold/sell analyses
  • Support and coordinate dispositions of assets from the portfolio as well as any financing of assets
  • Anticipate issues that impact the success of assets
  • Closely monitor property management teams, and/or joint venture partners
  • Review recommendations from the technical and construction teams in context of asset strategy
  • Establish leasing strategies and oversee leasing brokers
  • Prepare financial analysis/modeling at portfolio/asset level
  • Review appraisals and valuations, support external valuation process
  • Prepare reports and documents for review by senior management
  • Participation in the underwriting and evaluation of real estate acquisitions across Europe across strategies and asset classes, including operating business and listed vehicle transactions
  • Support in the due diligence, closing phase and debt raising process of the transaction in conjunction with in house and outside parties

 

We are seeking individuals who meet the following criteria:

  • Up to two years of real estate experience
  • Bachelors or Masters degree in Business, Economics, Finance or Real Estate preferred
  • Ability to work efficiently in a fast-paced team environment
  • Strong quantitative and analytical skills, along with outstanding organization skills
  • Excellent interpersonal, verbal, and written communication skills
  • Deadline driven, proactive and detail oriented
  • Team player
  • Proficiency in Word, Excel, Power Point
  • Fluent in English

 

The Heitman Difference Culture
 

Our culture recognizes the importance of our biggest differentiator — our people. Heitman’s collaborative work environment gives our professionals the opportunity to build something together. Something too appealing to ignore and too rewarding to leave.
 

Our culture is driven by our core values: Respect, Commitment, Innovation, and Integrity. We strive to maintain an inclusive and collaborative environment where all ideas are welcome. Among many other Heitman sponsored programs, we encourage our employees to get out into the community and volunteer with their favorite organizations – you’ll even get paid time off to do just that!

 

Additional Information

 

Interested professionals should apply via our website at www.heitman.com. Please make sure to select “careers” under the About tab to submit your cover letter and resume. If you are a Heitman employee, please make sure to apply using your Heitman email address.

 

Equal Employment Opportunity: Heitman is an equal employment opportunity employer and complies with all applicable laws prohibiting discrimination based on race, color, creed, religion, sex, age, national origin or ancestry, physical, medical or mental disability or condition (including, without limitation, HIV and AIDS), developmental disability, handicap, denial of family and medical care leave, denial of pregnancy leave, domestic partner status, status as a victim of sexual or domestic violence (or familial relationship to such victim), veteran status, marital status, sexual orientation, arrest records, citizenship status, criminal history that has been expunged, unfavorable discharge from the military, or any other basis protected by federal, state or local laws.