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PGIM Real Estate | Investment Associate

PGIM

London

On-site

GBP 60,000 - 70,000

Full time

2 days ago

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Job summary

A leading global asset manager seeks an Investment Associate in London. You will focus on UK operational real estate and have opportunities across various sectors. The ideal candidate will possess strong analytical skills and experience in real asset finance. Join a dynamic team and contribute to impactful investment strategies.

Benefits

Private Medical Insurance

Annual Leave of up to 28 days

Retirement Savings Plan

Life Assurance and Income Protection

Qualifications

4/5 years’ relevant work experience in direct real estate or real asset finance required.
Experience in operational real estate, particularly residential and joint venture investing.
Strong verbal and written English is essential.

Responsibilities

Focus on UK operational real estate and source and underwrite investment opportunities.
Develop and manage financial models and communicate with stakeholders.
Quarterly review of appraisals for factual accuracy.

Skills

Analytical Skills

Technical Skills

Communication Skills

Education

Masters degree in real assets or finance

Join to apply for the PGIM Real Estate | Investment Associate role at PGIM

A GLOBAL LEADING ASSET MANAGER WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.

We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers!

If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today. At PGIM, You Can!

What You Will Do

The candidate will initially focus on UK operational real estate (e.g., student accommodation, single family housing, care homes, self-storage, hotels etc.) in joint ventures, with opportunities later to work across all sectors (office, retail, industrial, residential, etc.). The role will include the following:

A deep understanding of the UK real estate investment market and able to source and underwrite investment opportunities.
Ability to include debt into cashflows and generate loan covenant analysis using cashflow projections.
Assisting in the development and management of financial models, market research, detailed property assessments, review of due diligence reports, preparation of investment memorandums for internal and external investment committees, and communication with various stakeholders (both internal and external).
May also include involvement in ongoing performance reporting (working with Portfolio Managers), asset management (working with Asset Managers), as well as involvement with the capital markets team, on an ad hoc basis.
Quarterly review of appraisals for factual accuracy and ability to articulate valuation changes.
Monitoring property performance through the review of the monthly operating reports and ensure compliance with loan covenants or raise issues with fund team.
Preparation of authorization memos – sales memos, budget increases, loan refinance memos, lease approval memos.

What You Will Bring

Masters degree in real assets or finance
4/5 years’ relevant work experience in direct real estate or real asset finance
Demonstrable analytical and technical skills as well as very strong verbal and written English.
Experience in operational real estate, particularly residential, care homes, student, self-storage and joint venture investing.
PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

What We Offer You

Private Medical Insurance: PGIM offers private medical insurance and pays the full premium on behalf of all employees.
Annual Leave of 25 to 28 days, based on years of service, at full pay.
Retirement Savings Plan: Employees receive a company contribution of 10% basic annual salary and a maximum employer-matching contribution of 5% of basic annual salary.
Life Assurance & Income Protection: Life Assurance for 8 times your basic annual salary, up to a max benefit of £1.8million. 75% of your basic annual salary for a limited payment term of 5 years, at the end of which a capital sum of 2x your basic annual salary is payable.

To find out more about our Total Reward package, visit https://youtu.be/acuhcv46Nz0

About PGIM Real Estate

PGIM Real Estate is one of the largest Real Estate managers in the world and one of the nation’s largest full-service commercial, multi-family and agricultural real estate lenders and has been serving the commercial real estate market for over 125 years.

We cover RE Debt, Equity, Agriculture, Public REIT securities, Defined Contribution, Private Equity, Impact Investing, Senior Housing and Mexico Industrial.

PGIM Real Estate strives to deliver exceptional outcomes for investors and borrowers through a range of real estate equity and debt solutions across the risk-return spectrum. Our scope of insights, rigorous risk management and seamless execution are backed by a 50-year legacy of investing in commercial real estate, a 140-year history of real estate financing and the deep local expertise of professionals in 32 cities globally.

Through our investment, financing, asset management and talent management approach, we engage in practices that ignite positive environmental and social impact, while pursuing activities that strengthen communities around the world. When you join our team, you’ll find yourself inspired by an inclusive company culture that believes that diversity of all kinds allows us to develop better and more innovative solutions for our client.

About PGIM – Global Asset Management

PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), a leading global investment manager with US$1.39 trillion in assets under management as of March 31, 2025. With offices in 19 countries and jurisdictions, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate and alternatives.

With a history dating back 148 years, and experience through more than 30 market cycles, PGIM takes a long-term view, not only in our investment philosophy, but also in how we develop our talent. We want to see our employees excel from their first day with the firm and throughout their tenure with PGIM. We will inspire you, support you, and help you reach your greatest personal and professional aspirations. If PGIM sounds like the place for you, join us. For more information about PGIM, visit PGIM.com.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Our Commitment to Diversity, Equity, and Inclusion

PGIM has a long-held commitment to advancing diversity, equity, and inclusion, rooted in the belief that this is a prerequisite for PGIM's success and sustainability. We work to attract, retain, develop, and promote talent at all levels and aim to have a workforce that reflects the communities where we work, live, and invest. We are intentional about creating a workplace where everyone has a voice and is welcomed, valued, respected, and understood. From the moment people join PGIM, we pledge to help them unlock their full potential. Together, we are shaping a future where talent knows no boundaries.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services, some of which may not be available in your area.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law.

Seniority level

Seniority level
Mid-Senior level

Employment type

Employment type
Full-time

Job function

Job function
Finance and Sales

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