Senior Associate, Asset Management (Residential and Student Housing)

Heitman; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

Heitman, a leading global real estate investment management firm, seeks an experienced Asset Manager in London to drive performance in residential and student accommodation sectors. Ideal candidates will possess a strong analytical background and the ability to manage portfolios effectively, including budgeting and cross-functional collaboration.

Benefits

Generous annual bonus plan

Competitive compensation package

Human-centric benefits package

Opportunities for personal and professional growth

Qualifications

• 5+ years' experience in real estate asset management, particularly residential/student accommodation.
• Proven track record in asset performance management.
• Detail-oriented with strong analytical skills.

Responsibilities

• Manage investments across UK and Europe for performance enhancement.
• Lead business plan executions including ESG initiatives and value-add activities.
• Present insights and updates to senior leadership.

Skills

Budgeting

Performance Analysis

Stakeholder Management

Financial Modelling

Analytical Skills

Communication

Tools

Excel

Microsoft Office Suite

Argus

Power BI

Job description

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Description

This Opportunity

We are seeking an experienced Asset Manager to join our London-based team. The ideal candidate will bring expertise in the residential and/or student accommodation sectors to help execute value-add strategies across our UK and European portfolio. This role requires a detail-oriented and collaborative individual who can work closely with internal teams-such as Portfolio Management, Acquisitions, and Finance-as well as external stakeholders, including operating partners and consultants.

Responsibilities include, but are not limited to:

• Manage a portfolio of residential and student accommodation investments across the UK and Europe to drive performance and long-term value creation.
• Take full ownership of assigned investments and lead the execution of business plans, including leasing strategies, capital projects, ESG initiatives, and value-add activities.
• Lead the preparation of annual budgets in collaboration with internal stakeholders and operating partners.
• Manage internal and external valuation processes, working closely with Finance, operating partners and external valuers, and present recommendations to the Valuation Committee.
• Monitor investment performance and regularly update financial model projections, including the incorporation of actuals, supporting strategic decision-making and informing revisions to business plans.
• Deliver quarterly reporting to Portfolio Management and Finance teams, including variance analysis and updated projections aligned with evolving business plans.
• Present key performance insights, strategic developments, and investment updates to senior leadership as part of the quarterly investment review process.
• Conduct regular site visits and oversee third parties-including operating partners, property managers, and leasing teams-to ensure alignment with asset strategies and operational goals.
• Perform financial modelling to support strategic decision-making, conduct scenario analysis, and optimize asset performance.
• Collaborate with internal teams to perform detailed hold/sell analyses, manage refinancing processes, and execute exit strategies, including presenting recommendations to senior leadership.
• Maintain strong relationships with joint venture partners, consultants, and service providers.

Qualifications:

• Minimum of 5 years' experience in real estate asset management, with a focus on residential and/or student accommodation assets.
• Proven track record in driving asset performance through strategic planning and operational oversight.
• Detail-oriented, with strong experience in budgeting, forecasting, and performance analysis.
• Advanced financial modelling and analytical skills, with proficiency in Excel.
• Excellent communication and stakeholder management skills, with the ability to influence cross-functional teams.
• Highly organized and experienced in managing capital projects, leasing strategies, and day-to-day asset operations.
• Self-motivated and adaptable, with the ability to work independently and collaboratively in a fast-paced, entrepreneurial environment.
• Proficient in Microsoft Office Suite (Excel, PowerPoint, Word); experience with Argus and Power BI is a plus.

Job Location and Travel

• This position is based in our London office.
• Occasional travel within the UK and Europe required.

We are looking for great candidates who have a unique combination of experiences, traits, and talents. We couldn't describe you in a list of bullet points, so consider this posting a conversation starter. If you check some, but not all, of our boxes, we still want to talk! Please apply for this role if much of this job description describes you.

Right Company, Wrong Role? Check out our other opportunities or refer a friend!

The Firm

Founded in 1966, Heitman is a global real estate investment management firm. Our mission is to lead the evolution of real estate through investments that fulfill the needs of people and communities in a world of constant change. To learn more about our organization and culture, click here.

Total Rewards (Benefits & Perks):

At Heitman, we believe that our success is driven by the success of our team members. That's why we use market data to ensure competitive compensation for every role, reflecting our commitment to investing in our team. In addition, all of our team members are bonus eligible and participate in a generous annual bonus plan, with the percentage varying based on your role and level, ensuring that your contributions are recognized and rewarded. When we grow, you grow!

In alignment with our People First core value, we offer rewarding careers that focus on both personal and professional growth. We are dedicated to helping you and your family thrive, both in the office and at home. To support this, we provide competitive compensation and a leading-edge, human-centric benefits package. Click here to view the details of our benefits.

Additional Information

Candidates applying for roles requiring travel must hold a valid, non-expired driver's license.

Equal Employment Opportunity: Heitman is an equal employment opportunity employer and complies with all applicable laws prohibiting discrimination based on race, color, creed, religion, sex, age, national origin or ancestry, physical, medical or mental disability or condition (including, without limitation, HIV and AIDS), developmental disability, handicap, denial of family and medical care leave, denial of pregnancy leave, domestic partner status, status as a victim of sexual or domestic violence (or familial relationship to such victim), veteran status, marital status, sexual orientation, arrest records, citizenship status, criminal history that has been expunged, unfavorable discharge from the military, or any other basis protected by federal, state or local laws.