Manager, Real Estate Investments (London)

PSP’s Private Debt & Credit Investment (PDCI) group; Greater London; On-site; GBP 120,000 - 180,000; Full time

Benefits offered by this job

Career development

Group insurance plans

Pension plans

Virtual healthcare services

Family leave policy

Family-building support

Vacation days from day one

Hybrid work model

Job summary

PSP Investments in London is seeking a Manager, Real Estate Investments to lead underwriting, valuation, and execution of opportunities across real estate sectors. You will prepare memos, coordinate with senior teams, and manage end-to-end transaction processes with external advisors and lenders.

You will develop market insights, oversee portfolio performance, and mentor junior staff while engaging in cross-border investment activity across Europe and APAC geographies.

Qualifications

• Undergraduate degree in Finance, Real Estate, Business Administration, Economics, Engineering, or related discipline with excellent academics.
• MSc in Finance, MBA, CA or CFA designation assets.
• Six+ years of experience in commercial real estate or real assets within investment management and/or investment banking.
• Experience evaluating and executing complex real estate transactions.
• Strong English communications; additional European languages a plus.
• Advanced financial modelling and valuation capabilities.
• Strong knowledge of real estate investment analysis, capital markets, financing structures, and portfolio management.
• Experience conducting due diligence across commercial, financial, operational, tax, legal and ESG aspects.
• Strong analytical, negotiation, and transaction management skills.
• Advanced proficiency in Excel, PowerPoint, and investment analysis tools.

Responsibilities

• Lead analysis, underwriting, structuring and execution of real estate opportunities across sectors and markets.
• Prepare investment memos, portfolio reviews and recommendations to senior teams and committees.
• Manage transaction processes from evaluation to closing with internal and external stakeholders.
• Participate in negotiations of partnership and purchase agreements.
• Monitor portfolio performance and identify risks and opportunities to optimize value.
• Develop relationships with partners, developers, operators and lenders for sourcing and market intelligence.
• Contribute to sector research, portfolio reviews and strategy discussions.
• Coach Analysts and Associates and support their development.
• Travel may be required.

Skills

Communication skills

English proficiency

Analytical ability

Negotiation skills

Transaction management

Financial modelling

Education

Bachelor’s degree or higher

Tools

Excel

PowerPoint

Investment analysis tools

Job description

ABOUT US

We’re one of Canada’s largest pension investors, with CAD$320.6 billion of net assets as of March 31, 2026. We invest funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in New York, London and Hong Kong. Capturing and leading complex global investments requires us to work as one to seize valuable opportunities, in close collaboration with some of the world’s top companies. At PSP Investments, you’ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before.

ABOUT THE TEAM

We’re seeking a Manager, Real Estate Investments to join our London team. Reporting to a Senior Director, our successful hire will contribute to the growth and management of PSP’s global real estate portfolio of assets (CAD$23 billion), by taking an active role in both real estate transactions and asset management. Our London team looks at investments across all real estate sectors and up and down the risk spectrum, with a focus on Europe and APAC geographies. Our preferred approach is to own assets directly, in partnership with first-class operating partners that have local expertise.

ABOUT YOUR ROLE

As a Manager, Real Estate Investments, you’ll: Lead the analysis, underwriting, structuring, and execution of real estate investment opportunities across a range of property sectors, investment vehicles, and markets Conduct complex financial modelling, valuation analysis, market research, and investment due diligence to assess risk-adjusted return opportunities and support investment recommendations Prepare and present investment memos, portfolio reviews, and recommendations to senior investment professionals and investment committees Manage transaction processes from initial evaluation through closing, coordinating internal stakeholders and external advisors, including legal counsel, consultants, operating partners, lenders, and other service providers Participate in the active negotiation of partnership agreements and purchase and sale agreements Monitor portfolio investments, assess performance against business plans and underwriting assumptions, identify risks and opportunities, and recommend appropriate actions to optimize value creation Apply sound judgement and investment expertise to independently manage assigned mandates while ensuring alignment with established investment objectives, governance requirements, and risk parameters Develop and maintain relationships with investment partners, developers, operators, lenders, brokers, and other market participants to support investment sourcing and market intelligence activities Contribute to sector research, portfolio reviews, and investment strategy discussions by providing market insights and informed recommendations within assigned areas of responsibility Coach and provide guidance to Analysts, Senior Analysts, and Associates by sharing technical expertise, reviewing analyses, and supporting professional development Travel may be required.

WHAT YOU’LL NEED

• Undergraduate degree in Finance, Real Estate, Business Administration, Economics, Engineering, or related discipline with a record of excellent academic achievement
• M.Sc. in Finance, MBA, CA or CFA designation are assets
• Six (6) years plus of relevant experience in commercial real estate (or real assets), within investment management and/or investment banking, transaction advisory
• Demonstrated experience evaluating and executing complex real estate transactions
• Good communications skills in English, additional European languages an asset
• Advanced financial modelling and valuation capabilities
• Strong knowledge of real estate investment analysis, capital markets, financing structures, and portfolio management
• Experience conducting commercial, financial, operational, tax, legal, and ESG due diligence
• Strong analytical, negotiation, and transaction management skillsAdvanced proficiency in Excel, PowerPoint, and investment analysis tools

BENEFITS

We offer a tailored employee experience and competitive total rewards and benefits package* designed to attract and retain global diverse talent, reward performance, and reinforce business strategies and priorities. Beyond salary and incentive pay eligibility, you have access to:

• Investment in career development
• Comprehensive group insurance plans
• Competitive pension plans
• Unlimited access to virtual healthcare services and wellness programs
• Gender-inclusive paid family leave policy: up to 26 weeks for primary caregivers, 5 weeks for secondary caregivers
• A personalized family-building support, from pre-pregnancy to menopause, with available financial assistance
• Vacation days available on day one with additional days on milestone service anniversaries, and summer Friday afternoons off
• A hybrid work model that includes four in-office days, Monday through Thursday
• The opportunity to work temporarily from another location in accordance with the applicable policy

*Benefits package may vary based on your employee type. At PSP Investments, we aim to provide a workplace where everyone feels valued, safe, respected and empowered to grow. As part of this leadership commitment, we strongly encourage applications from all qualified applicants and strive to offer an inclusive and accessible candidate experience. If you require any accommodation for any part of the recruitment process, please let us know.

Visit us on www.investpsp.com/en/ Follow us on LinkedIn #LI-AM1 We’re one of Canada’s largest pension investment managers, with CAD$299.7 billion of net assets. We invest funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. We are committed to fostering an environment where experiences and learning opportunities provide you with the platform to grow. If you are having difficulty applying, you can reach us at [e-mail]