About the Role
The Associate will support members of the European Asset Management team, providing exposure to QuadReal’s full EU portfolio across various asset classes. This role is key in developing and executing asset strategy plans to enhance value, increase returns, and position assets for growth, requiring collaboration with internal teams and senior leadership.
Responsibilities
- Lead the development and execution of comprehensive asset strategies including leasing, operating & capital budgeting, property improvements, ESG delivery, risk management, and hold/sell analysis.
- Work closely with third-party Joint Venture managers and partners to oversee leasing and marketing strategy, operating expense management and capital needs of the property.
- Understand JV documentation and interpret it to aid in management of investment strategies.
- Oversee the annual budget process both interfacing with the JV partner and internal teams.
- Analyze and compare current and historical financial reporting on key metrics against underwriting and budget.
- Aggregate asset-level data and prepare, in conjunction with Portfolio Management, monthly, quarterly, and annual reporting for clients and senior management.
- Monitor JV managers' performance for compliance with annual budgets and business plans, and prepare quarterly updates on asset performance, including progress on strategic initiatives.
- Assist in monitoring development and capex projects in conjunction with JV partners.
- Prepare hold/sell analyses, and property performance updates, evaluate financing scenarios and other investment decisions in conjunction with the Investment team.
- Assist in furthering asset management initiatives to streamline and standardize operations, reporting, and key databases using AI technology along with other means.
- Collaborate with the Investment teams in the due diligence process for new investments regarding underwriting assumptions (market rent, rent growth, expenses, capital expenditures, etc.).
- Collaborate with internal and external teams on asset dispositions and refinancing activities.
- Liaise with research and investment teams to stay current on local market dynamics and understand its impact on how each asset is positioned in its respective market.
- Oversee the internal analyst team to ensure smooth execution of workstreams and knowledge sharing.
- Develop strong relationships with Joint Venture partners who will be in multiple jurisdictions and across asset classes.
- Develop in-market relationships with service providers to understand each asset's competitive positioning relative to rents, lease terms, vacancy, supply/demand fundamentals, and operating costs.
- Travel to assets to meet with onsite property management teams, brokers, and strategic partners.
Requirements
- Minimum 4+ years of investment or asset management experience in the real estate industry.
- Demonstrated experience in analyzing complex investment issues and developing and executing investment strategies to achieve results and mitigate risk.
- Prior multi-asset class, multi-jurisdiction and Joint Venture asset management experience required.
- Strong financial acumen with advanced modeling proficiency in Excel.
- Detail-oriented and proficient in analyzing financial statements.
- Ability to analyze complex data across an array of disciplines to provide thoughtful recommendations.
- Excellent communication and presentation skills; demonstrate an ability to effectively communicate and present results that articulate key themes and messages to investment teams, asset managers, and joint venture partners.
- Must be able to allocate time effectively and work under pressure to meet tight deadlines, handle multiple demands and competing priorities, and adapt to new ideas and change.
- Comfortable following direction but also contributing to the direction.
- Must be extremely proactive and work well in a collaborative environment, with the ability to take guidance but then move projects forward independently.
- Embrace and proactively support QuadReal’s values and its culture of environmental sustainability and corporate and social responsibility.
Skills
- Advanced modeling proficiency in Excel
- Analyzing financial statements
- Analyzing complex data
- Communication
- Presentation skills
- Time allocation
- Working under pressure
- Handling multiple demands
- Handling competing priorities
- Adaptability to new ideas and change
- Proactive work ethic
- Collaboration
- Independent project progression
- AI tools such as Claude
Location
- London
Work Type
- Full-time
Experience Level
- Associate
- 4+ years
Education Level
- Bachelor's degree in Real Estate, Finance, Economics, Accounting or a related discipline
- Master's degree in real estate or pursuit of additional coursework is a plus
Salary/Compensations
- Competitive total rewards package in addition to base pay, which may include a performance-based incentive plan, comprehensive health & dental benefits, pension plan, and paid time off.
Benefits
- Performance-based incentive plan
- Comprehensive health & dental benefits
- Pension plan
- Paid time off
About the Company
- QuadReal Property Group is a global real estate investment, development and operating company headquartered in Vancouver, British Columbia.
- Assets under management are $98.5 billion.
- QuadReal has expanded its capabilities globally for investments in equity and debt in both the public and private markets.
- QuadReal invests directly through operating platforms in which it holds an ownership interest and via programmatic partnerships.
- QuadReal seeks to deliver strong investment returns while creating sustainable environments that bring value to the people and communities it serves. Now and for generations to come.
- QuadReal: Excellence lives here.
Equal Opportunity
- We value diverse experiences and perspectives. Even if your skills don’t align 100% with the listed qualifications or salary range, we encourage you to apply – you may be a great fit for this role or others in our community.
- Applicants may also be considered for alternative positions within the organization where their qualifications and experience align more closely with available opportunities.
- We use artificial intelligence (AI) technology — alongside human review — to assist in screening and assessing applicants for this position. Our recruitment team remains involved in all decisions.
- QuadReal will provide reasonable accommodation at any time throughout the hiring process for applicants with disabilities or for those needing job postings in an alternate format.
