Associate – Asset Management

Hines; Greater London; On-site; GBP 45,000 - 58,000; Full time

Benefits offered by this job

Competitive compensation

Comprehensive training

Generous vacation packages

Job summary

A global real estate investment manager is seeking an Associate – Asset Management in Greater London. Candidates should have a degree in Estate Management and a minimum of five years’ experience in commercial real estate. Responsibilities include preparing cash flow models, analyzing market data, and supporting asset managers. This role offers competitive compensation and opportunities for professional growth within a diverse team committed to excellence and innovation.

Qualifications

• Five or more years of experience in the commercial real estate industry.
• Ability to analyze real estate from a strategic point of view.
• Proficiency in financial analysis, leasing, and strategic planning.

Responsibilities

• Prepare and maintain property cash flow models.
• Review budgeting and valuation materials prepared by partners.
• Gather market data to support competitive pricing.

Skills

Financial analysis

Excellent verbal/written communication

Interpersonal skills

Creativity

Attention to detail

Ability to work independently

Education

Degree in Estate Management or Property Economics

Tools

Excel

Word

PowerPoint

Argus valuation software

Job description

When you join Hines, you will embark on a career journey fueled by vision and guided by leaders who set the standards of our industry. Our legacy is rooted in innovation and excellence, earning us a spot on Fast Company’s esteemed annual list of the World’s Most Innovative Companies, as well as recognition as one of U.S. News & World Report’s Best Companies to Work For in 2024. Discover endless opportunities to grow and make your mark at Hines.

Responsibilities

As an Associate – Asset Management with Hines, you will be responsible for providing analytical support to the asset management team that is required for value-creation on the retail asset class. Responsibilities include but are not limited to:

• Prepare and maintain property cash flow models in Excel to support budgeting, valuation and investment decision making. Prepare and maintain investment models to calculate investment returns and cash flow waterfalls.
• Participate in the annual budgeting process. Review materials prepared by operating partners and property managers. Prepare summary schedules. Help prepare asset management plans for presentation to senior management.
• Gather and analyze market data to understand each property’s position in the market. Support asset managers to ensure properties are competitively priced relative to their competitive set.
• Provide assistance to asset managers on assets whilst under management, dispositions and refinancings, as requested. Gather and organize property information; help prepare materials for pitchbooks and deal rooms; help evaluate purchase offers, etc.
• Gather and organize materials used to support property valuations. Interface with third‑party appraisers and brokers, responding to questions.
• Assist with requests related to lender reporting, such as preparing cash flow projections to ensure compliance with DSCR and LTV covenants.
• Support the asset management and acquisition teams on various underwriting and due diligence activities.
• Periodically accompany asset managers on site visits to develop relationships with the property team and to evaluate the condition of the property, housekeeping and grounds.
• Attend industry events to learn about innovative technologies, market trends, etc.
• Serve as a team member of various project teams as required to facilitate company needs.
• Act as a team member with all Hines employees.
• Comply with all Hines policies and procedures.

Qualifications

Minimum Requirements include:

• Degree in Estate Management, Property Economics or equivalent.
• Five or more years of experience working in the commercial real estate industry for a real estate company with responsibility for financial analysis, leasing/marketing activity oversight, and execution of strategic plans.
• Ability to work independently and needs a minimum oversight.
• Possess the highest degree of integrity.
• Excellent verbal and written communications skills.
• Excellent interpersonal skills.
• Ability to think creatively and contribute to project success.
• Ability to manage a variety of tasks within a tight time schedule.
• Ability to analyze real estate from a strategic point of view.
• Well organized with a strong attention to detail.
• Proficiency with Excel, Word and PowerPoint. Argus valuation software is valuable.

At Hines, we strive for excellence as a leading global real estate investment manager, driven by our by our belief that real estate is fundamentally about people. Our diverse portfolio spans $93.2 billion¹ of assets across such property types as living, office, retail, mixed‑use, logistics and life science projects – all designed to enhance value, connection and inspiration. Our strategic approach integrates local expertise with global knowledge, taking calculated risks aligned with our convictions to exceed expectations and tailor solutions to our clients' needs.

While our projects are renowned for enhancing cities and pioneering sustainable practices, we recognize that the true driving force behind Hines' success is our 5,000 dedicated employees in 30 countries who draw on our 65‑year history to build the world forward. This is why we prioritize investing in our people, offering comprehensive training, competitive compensation, robust benefits and generous vacation packages. By centering our focus on the growth and wellbeing of our team, we cultivate an inclusive environment where everyone, including our clients, can thrive.

Hines is proud to be named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2024. ¹Includes both the global Hines organization and RIA AUM as of December 31, 2023.

We are an equal opportunity employer and support workforce diversity.

No calls or emails from third parties at this time please.