Real Estate Analyst, Asset Management - UK

Cubillos Consulting; London; On-site; GBP 35,000 - 65,000; Full time

Job summary

Join a leading real estate investment trust as an Analyst in Asset Management, where you'll collaborate with a dynamic team to enhance portfolio value. This role offers the chance to work on strategic leasing transactions, analyze market trends, and contribute to significant projects that shape the future of the business. With a focus on career growth and development, you'll have the opportunity to make a meaningful impact in a supportive and inclusive environment. If you're passionate about real estate and ready to take on a rewarding challenge, this position is perfect for you.

Qualifications

• Experience in asset management or real estate research is essential.
• Intermediate proficiency in Microsoft Excel required.

Responsibilities

• Support the Asset Management team in managing the international portfolio.
• Prepare presentations and reports for key retailer meetings.

Skills

Commercial Real Estate Experience

Microsoft Excel

Report Writing

Presentation Skills

Time Management

Attention to Detail

Education

Undergraduate Degree in Property, Finance, or Economics

Tools

Salesforce

Microsoft Word

Microsoft PowerPoint

Job description

Description

About Realty Income

Realty Income (NYSE: O), an S&P 500 company, is a real estate partner to the world's leading companies. Founded in 1969, we invest in diversified commercial real estate and have a portfolio of 15,600 properties in all 50 U.S. states, the UK and six other countries in Europe, with a gross book value $58bn. We are known as 'The Monthly Dividend Company” and have a mission to deliver stockholders dependable monthly dividends that grow over time. Since our founding, we have declared 656 consecutive monthly dividends and are a member of the S&P 500 Dividend Aristocrats index, having increased our dividend for the last 30 consecutive years.

The European portfolio, including the UK, has grown significantly since our first international acquisition, a £429m 12-property portfolio from Sainsbury’s in 2019. In just five years the portfolio now includes investments of over €11bn, and 483 distinct properties.

You will be joining one of the largest Real Estate Investment Trusts in the world as we rapidly expand into the UK and European markets, including moving into new offices at 3 St. James’s Square.

An opportunity to join and learn from a leading retail Asset Management team with a huge portfolio, a genuinely autonomous role with scope to help shape the future of business, with dynamic opportunities for career growth as Realty Income company expands.

Position Overview:

The Analyst, Asset Management (Analyst) will work in collaboration with the International Asset Management team to curate the optimal portfolio, maximise our asset-level returns, and creatively add value from existing properties.

The Analyst will provide portfolio analytics and support leasing transactions to enhance portfolio value. Additionally, as part of a growing team, the Analyst will support the Asset Management team with various administrative tasks, including creating collateral for retailer meetings. The Analyst will also work to integrate new data sources and subscription services into day-to-day asset management decision making.

Key Responsibilities:

Provide Transactional Support in the Management of Realty Income’s International Portfolio

• Support the Asset Management team during negotiations related to renewals, new lettings, developments, or value-add opportunities.
  • Analyse and evaluate proposed leasing transactions, asset initiatives, and developments to inform strategic decisions.
  • Perform property-specific due diligence by assessing the market, retailer, and industry performance, lease history, or other relevant transaction details.
  • Participate via in-person, telephone, or e-mail correspondence with various contacts related to a transaction including retailers, leasing team members, solicitors, etc.
  • Prepare and present transaction recommendations to the Board for approval consideration.
• Monitor market, real estate, industry, and retailer trends to assess portfolio risk and make proactive asset management recommendations.
• Identify and evaluate potential value-add opportunities including unit expansions, splits and amalgamations, redevelopment, and other opportunities for additional investment.
• Assist with the coordination and management of small development projects.
• Work collaboratively with the wider team to deliver targets as outlined in the business plan.

Maintain and Prepare Various Departmental Reports and Presentations

• Manage the Asset Management Pipeline report to track various leasing activities, including renewals, new lettings, developments, and lease expiry status.
• Use in-depth activity knowledge to provide commentary on portfolio results and communicate the projected outcome of future results to senior management.
• Maintain the Lease Event Schedule and Development Tracker with business plan KPIs and current deal status.
• Actively contribute to the strategic business plans for individual assets within the portfolio.
• Communicate insolvency and credit watch updates to various internal teams.
• Prepare presentations for key retailer meetings, internal executive updates, and Board meetings.
• Create new reports and dashboards, making recommendations for reporting changes as required.
• Liaise with investment, finance, credit, legal, and various internal reporting teams.

Support the Asset Management team with implementing new systems and data sources to aid decision making and build stronger retailer relationships:

• Use Salesforce to track retailer meetings and share insight about our largest clients.
• Integrate data from existing and new sources to prepare detailed business plans for assets.
• Assistance with presentations and portfolio reviews.

Candidate Requirements

Knowledge, Skills, and Abilities

Must have for the role:

• Suitable work experience in commercial real estate / property either from:
  • Working in an Asset Management / portfolio management team.

OR

• Working in a Real Estate Research team.

OR

• Working on Real Estate projects within Strategy consulting.

OR

• Working within a retailer’s real estate / property team.

• Demonstratable intermediate proficiency in Microsoft Excel, being confident in using different functions including: (VLOOKUP, HLOOKUP, INDEX, MATCH) and creating PivotTables.
• Strong report writing and presentation skills, with proficiency in Microsoft Word and PowerPoint.
• Undergraduate degree: BSc / BA with an emphasis on property, finance, economics, and/or other related field of study (or equivalent work experience).
• Time management and ability to prioritise projects based on level of importance.
• Attention to detail and a high level of accuracy and quality in the work product.
• Able to work independently completing tasks in ambiguous situations and take the lead without explicit instructions.
• Establish and maintain cooperative working relationships.

Desirable but not essential:

• Qualified Chartered Surveyor with experience in the retail sector and/or a transactional environment.
• CRM systems experience ideally Salesforce.

Our Mission & Values

For more than 50 years, Realty Income has been guided by our mission to invest in people and places to deliver dependable monthly dividends that increase over time. We do this by nurturing long-term, meaningful relationships that enable people to achieve a better financial outlook. We understand that when individuals succeed financially, they are able to provide for their families, support local businesses and pursue their greatest ambitions, creating a lasting positive impact on communities.

Realty Income is committed to diversity and inclusion and welcomes all applicants regardless of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation or educational background.

Realty Income is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. If you require accessibility support to submit your application or other reasonable accommodations to participate in the recruitment process, please contact , or call 800-375-6700. An employee will respond to your message to begin the interactive process. Please note that this phone number and email address are only for individuals seeking a disability accommodation when applying for a job.