Real Estate Intern

The Carlyle Group; City Of London; On-site; GBP 25,000 - 38,000; Full time

Job summary

The Carlyle Group in London is seeking an Intern Analyst to support the European Real Estate Investment team, contributing to sourcing, execution, and asset management across live transactions.

You will build detailed financial models, conduct market research, assist due diligence with external advisors, help prepare investment committee materials, and support deal negotiations and portfolio monitoring. Strong academics and a proactive, collaborative approach are essential.

Qualifications

• Must have a degree and have graduated university already.
• Strong academic record from a premier educational institution.
• Prior investment banking, private equity, or consulting experience with a corporate finance or real estate focus (ideally).
• Strong financial modeling and analytical skills required.
• Excellent interpersonal skills and a team player.
• Self-starter; confident asking questions and able to work independently in a fast-paced but collegiate environment.
• Strong organizational skills, high attention to detail and the ability to prioritize.
• Mature, reliable and hard-working, with strong executive presence.
• Motivated and persistent - goes the extra mile; and
• Fluency in German would be a plus (but not a requirement).

Responsibilities

• Build and maintain detailed financial models (cash flow, returns, and sensitivity analysis) for potential acquisitions across residential, living, and other real estate sectors.
• Conduct market research and sector analysis to support investment theses and deal sourcing.
• Support due diligence on potential transactions, including coordinating outside accounting, legal, tax, and consulting advisors and synthesizing their findings.
• Assist with structuring and arranging acquisition financing, including liaising with lenders and reviewing term sheets.
• Prepare investment committee memos and transaction presentations, including valuation analysis and risk assessment.
• Support negotiation processes and documentation review alongside deal leads and legal counsel.
• Assist with portfolio monitoring and performance analysis on existing investments as needed.
• Maintain confidentiality of all sensitive and confidential issues; and
• Other reasonably related duties as assigned.

Skills

Financial modeling

Analytical skills

Team player

Independent worker

Attention to detail

Executive presence

German language (bonus)

Degree completed

Investment banking/private equity/cons

Education

Bachelor's degree

Job description

The Carlyle Group (NASDAQ: CG) is a global investment firm with $485 billion of assets under management, across 678 investment vehicles as of June 30, 2026. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world's largest and most successful investment firms, with more than 2,500 professionals operating in 28 offices in North America, Europe, the Middle East, Asia and Australia.

Carlyle’s purpose is to connect people, ideas, and capital to fuel growth for companies and performance for investors, which range from public and private pension funds to wealthy individuals and families to sovereign wealth funds, unions and corporations. Carlyle invests across three segments – Global Private Equity, Global Credit and Carlyle AlpInvest – and has deep expertise across industries, markets, and geographies.

At Carlyle, we believe that a wide spectrum of experiences and viewpoints drives performance and success. Our CEO, Harvey Schwartz, has stated that, "To build better businesses and create value for all of our stakeholders, we are focused on assembling leadership teams with the strongest insights from a range of perspectives." Reflecting this view, emphasis is placed on development, retention and inclusion through our internal processes and seven Employee Resource Groups (ERGs). We cultivate a culture where ideas are openly shared and challenged, connecting diverse expertise and perspectives to drive enduring value.

Position Summary:

This position will support the European Real Estate Investment team in London, providing analytical, financial, and research support across sourcing, execution, and asset management of transactions. The Intern Analyst will work directly with deal teams on live transactions, playing an active role in financial modeling, due diligence, and investment committee materials.

At Carlyle, we know that diverse teams perform better, so we seek to create a community where we continually exchange insights, embrace different perspectives and leverage diversity as a competitive advantage. That is why we are committed to growing and cultivating teams that include people with a variety of perspectives, people who provide unique lenses through which to view potential deals, support and run our business.

Responsibilities and Duties:

Build and maintain detailed financial models (cash flow, returns, and sensitivity analysis) for potential acquisitions across residential, living, and other real estate sectors;

• Conduct market research and sector analysis to support investment theses and deal sourcing;
• Support due diligence on potential transactions, including coordinating outside accounting, legal, tax, and consulting advisors and synthesizing their findings;
• Assist with structuring and arranging acquisition financing, including liaising with lenders and reviewing term sheets;
• Prepare investment committee memos and transaction presentations, including valuation analysis and risk assessment;
• Support negotiation processes and documentation review alongside deal leads and legal counsel;
• Assist with portfolio monitoring and performance analysis on existing investments as needed;
• Maintain confidentiality of all sensitive and confidential issues; and
• Other reasonably related duties as assigned.

Required Skills, Qualifications and Experience:

• Must have a degree and have graduated university already;
• Strong academic record from a premier educational institution;
• Prior investment banking, private equity, or consulting experience with a corporate finance or real estate focus (ideally);
• Strong financial modeling and analytical skills required;
• Excellent interpersonal skills and a team player;
• Self-starter; confident asking questions and able to work independently in a fast-paced but collegiate environment;
• Strong organizational skills, high attention to detail and the ability to prioritize;
• Mature, reliable and hard-working, with strong executive presence;
• Motivated and persistent - goes the extra mile; and
• Fluency in German would be a plus (but not a requirement).

Due to the number of applicants applying, please be advised that only successful candidates will be contacted by Carlyle.