Analyst, Real estate

Caisse de dépôt et placement du Québec; London; On-site; GBP 40,000 - 60,000; Full time

Job summary

Join a leading global investment group as an Analyst in the Real Estate Investment team in London. You will support senior members across the investment lifecycle, engaging in financial modeling, market analysis, and due diligence. This role offers exposure to complex investment opportunities and the chance to grow within a high-performing team committed to sustainability and excellence.

Qualifications

• Minimum 1 to 3 years of experience in real estate private equity, investment banking, or corporate finance.
• Advanced financial modeling skills (DCF, LBO, debt structuring).
• Strong understanding of valuation, capital structure, and financial statements.

Responsibilities

• Build, maintain, and audit financial models for real estate investments.
• Conduct underwriting for real estate assets and platforms.
• Prepare investment committee materials and engage with brokers.

Skills

Analytical skills

Attention to detail

Interpersonal skills

Problem-solving

Education

Bachelor's degree in finance, economics, real estate, engineering, mathematics, or related discipline

Tools

Excel

PowerPoint

Word

Job description

Join a global investment group and take pride in helping build a sustainable future.

At CDPQ:

• We value your unique contribution to a world-class team.
• We give you work that allows you to flourish and excel.
• We offer opportunities to learn from experts who generously share their knowledge.
• We are fully invested so that you can fulfil our mission every day.

Job Description

Within CDPQ London’s Real estate investment team, the selected candidate supports senior team members across all aspects of the investment lifecycle, from sourcing to portfolio management. They contribute to the evaluation of direct and platform-level investments across a range of sectors and geographies, with responsibilities spanning financial modelling, market analysis, due diligence, and asset performance optimisation.

The analyst will have the opportunity to gain broad exposure in a high-performing, entrepreneurial real estate team investing institutional capital in complex, large-scale opportunities.

What you will do

Build, maintain and audit financial models (DCF, LBO structures, residual analysis, development appraisal, JV waterfalls, and sensitivity/scenario analyses);

Conduct underwriting for real estate assets and platforms, assessing returns, risk, and strategic fit;

Underwrite complex capital structures, analyse debt financing options, develop interest rate hedging strategies, and support the execution of debt packages from term sheet through closing;

Prepare investment committee materials including detailed presentation packs;

Engage directly with brokers, consultants, and partners to gather critical inputs for transaction evaluation/underwriting;

Coordinate internal and external workstreams during due diligence, including legal, tax, technical, and financial review;

Support the origination process by screening potential investment opportunities against established investment criteria;

Conduct site visits and property inspections as part of the due diligence process;

Assist with structuring and negotiating transaction terms alongside senior team members;

Analyse asset performance metrics including leasing, capex, occupancy, and income variance;

Assist with quarterly and annual portfolio reporting, business plan updates, and reforecasting;

Contribute to value creation planning and execution in coordination with operating partners and senior management;

Monitor KPIs across assets and identify risks and opportunities in performance;

Monitor sustainability metrics and ESG performance across the portfolio;

Conduct research on markets, sectors, operators, and macro trends to support investment theses and identify emerging opportunities and risks;

Support relationship management with operating partners, brokers, and other industry contacts.

What you are

You stand out for your:

Analytical skills with strong attention to detail, high integrity, and professional maturity;

Demonstrated ability to work under pressure and prioritise effectively;

Strong interpersonal skills with a genuine team-oriented approach and excellent communication;

Ability to collaborate effectively across all levels of the organization and with external partners;

Problem-solving mindset with ability to work independently when required.

What you bring

Bachelor's degree (minimum 2:1 or equivalent) in finance, economics, real estate, engineering, mathematics, or a related discipline;

Minimum of 1 to 3 years of experience in real estate private equity, investment banking, corporate finance, or a real estate investment platform;

Advanced financial modelling skills (DCF, LBO, debt structuring, JV waterfalls);

Strong understanding of valuation, capital structure, financial statements, and return metrics (IRR, MOIC, RoE, CoC etc);

Knowledge of real estate asset classes (office, residential, industrial, retail, alternatives) and their operational characteristics;

Highly proficient in Excel, PowerPoint, and Word;

Mastery of English, both spoken and written, and additional knowledge of French, German, or Spanish being an asset;

Willingness to travel occasionally within the UK and abroad.

Feeling that my role is important. Having fun every day. Growing in step with my ambitions. Earning compensation that reflects my contribution. That’s the professional experience CDPQ offers!

We carefully review each application and directly contact those selected for an interview.

CDPQ offers equal employment opportunities to everyone. Women, visible/ethnic minorities, Indigenous people and individuals with disabilities are all encouraged to apply. If you’re interested in this job and even if your application does not meet all the criteria, do not hesitate to apply or contact us!

CDPQ is also committed to promoting equity, diversity and inclusion as key values and sees them as a source of enrichment and pride for all its employees. Please let us know if you require adopted measures for the recruiting process.