Many of these will be household names such as Unilever, BBC and Shell. The investments will include high street retail, retail parks, offices, industrial, hotels, leisure and residential. The role involves all parts of the investment process, from identifying new investment opportunities, valuing and buying buildings, managing the assets, identifying new tenants, refurbishing the assets and potentially selling. There will be the opportunity to learn from a range of third party advisors, including property managers, lawyers, letting agents and accountants and gain a good understanding of building and asset managing a multi-sector UK portfolio.
The team is responsible for investing in and managing real estate across Europe and across all sectors including shopping centres, high street retail, logistics warehouses, office buildings and residential accommodation. They are actively involved in all stages of the investment process and are responsible for finding new opportunities, buying assets and managing investments for the two funds in the fund series. The team follows a “value add” strategy which involves repositioning or developing assets.
Key responsibilities include assessing and excel modelling potential new acquisitions, preparing proposals to senior management and clients, monitoring existing investments to ensure adherence to business plans, attending asset management meetings, identifying value enhancement initiatives, updating asset financial models and preparing communication materials for the investors. You will use your analytical capabilities and abilities in Excel and PowerPoint.
An example of an investment might be acquiring an office building in central London, refurbishing it completely, creating outdoor spaces such as balconies and roof terraces, and installing the latest smart building technology to ensure people want to work there. Another example might be acquiring land across France and working with a local partner to build logistics warehouses for tenants such as Amazon so they can meet local and global e-commerce demand.
The Pan European Core Fund management team consists of twelve people split into three business lines – portfolio management, finance and investors. The team was formed in 2010 when it launched the Pan European Core Fund to institutional investors. The Fund has grown to circa EUR 5bn AUM comprising a total of 69 assets spread across eleven countries. The Fund management team work closely with the local internal asset management, transactions and finance team across Europe as well as reporting accurate and detailed data to the 124 investors in the fund through monthly, quarterly and annual reports. The role will focus on all three sections of portfolio team, including asset management, reporting, investor requests and acquisitions.
The indirect investment strategies team is a market leader in the provision of global real estate investment solutions that are tailored to each of our clients and their individual investment requirements. The team acts as a strategic partner, helping pension funds, insurance companies and other institutional investors understand and execute their bespoke investment needs. Incoming interns will be responsible for supporting the investment teams and portfolio management teams in managing client portfolios, monitoring investment decisions and executing transactions.
Specific workstreams from past years include attending asset tours, meetings with external fund managers, meetings with internal investment teams and assisting portfolio managers in monitoring, constructing and reporting on client’s portfolios. Furthermore, interns will be expected to help maintain each client’s investment plan, balancing existing investments with potential new opportunities, as well as creating presentations for upcoming client meetings.
This team plays a key role formulating the firm’s investment strategy. They analyse the impact of economic drivers and capital market trends on the property market. Their responsibilities are highly varied, with the team providing insights along the entirety of the investment process. They work closely with transaction teams that purchase buildings and help steer portfolio decision making. They also participate in the investment committee and routinely speak with investors. The core focus of the internship will be supporting the team conducting primary research into niche property sectors, such as data centres, cold storage, urban agriculture and micro housing. You will utilise analytical skills and expand your interest in the built environment.
The Environmental Social Governance (ESG) team of four works on corporate and investment sustainability. We have a global scope, covering our operations, and real estate, infrastructure, debt and equity asset management. ESG, and especially the climate change impacts, has skyrocketed to the top of our stakeholder’s priority list, employees, clients, tenants and suppliers alike, and this team is right at the centre of it all! We have launched an exciting new global Sustainability Vision, focusing on “Climate”, “People” and “Influence” and in the intern role you will be working with the team on development of the toolkit for its implementation, measurement and reporting.