Associate Principal or Principal, Real Estate, Portfolio Management (Europe)

Opportunity AIMCo's Real Estate portfolio provides exposure to domestic and international real estate through direct holdings diversified across property types and geography. The Associate Principal or Principal, Real Estate, Portfolio Management (Europe) will contribute to the overall success of the Real Estate Portfolio at AIMCo, focusing on the European portfolio. This senior position within the Portfolio Management Group offers a high level of accountability, autonomy, and decision-making ability, reporting to the Managing Director, Head of Global Portfolio Management, Real Estate.

Responsibilities Include:

• Oversee and manage a portfolio of diversified investments across regions and partners.
• Guide asset management initiatives including leasing, budgeting and capital expenditure and financing.
• Implement portfolio management strategies and policies to ensure consistency.
• Participate in setting and monitoring the annual investment strategy and plan.
• Leverage investment reports and platforms to monitor portfolio activity and performance and make recommendations to engage with team, managers, partners, and senior leadership team.
• Review and evaluate existing investment structures, and make recommendations as required.
• Monitor, measure, and report investment performance on both a quarterly and annual basis.
• Manage and enforce contractual rights and ensure they are effectively managed and protected.
• Evaluate financial and operational performance of operating partners for compliance with agreements and AIMCo policies.
• Development of asset-specific and portfolio strategic plans and review of buy/sell recommendations.
• Assist in the preparation of materials and presentations for the Senior Real Estate Team or Board meetings and other ad-hoc requests.
• Collaboratively share information pertaining to assets and portfolio with other team members, including analysts, associates, other portfolio managers, and the senior management team.
• Keep abreast of and share key updates on regional and global economic and financial market conditions which could impact our portfolio.
• Liaise with other groups within the Real Estate team and internally (Legal, Finance, Risk, Valuations) on matters related to financial accounting, valuations, reporting and real estate investment performance.
• Mentor junior staff to develop future leaders within the organization.
• Responsible for preparation of ad-hoc reports, analyses and presentations, while undertaking additional projects as required.

Our Ideal Candidate Qualifications:

• 8-12+ years of relevant experience in Real Estate and Investment Management.
• Strong experience working closely with team members of various experience (analysts through senior leaders).
• Bachelor’s degree in finance, accounting, real estate, or related fields, master’s degree preferred.
• Advanced communication skills, with an ability to foster collaborative relationships amongst internal and external stakeholder groups.
• Excellent verbal and written communication, detail oriented, and well organized.
• Strong experience in Microsoft Office suite (Word, Outlook, Excel, PowerPoint).
• Ability to work independently, as well as in a group setting.
• Demonstrates a strong commitment to AIMCo’s core values of excellence, transparency, humility, integrity, and collaboration, and inspires the same in others.
• Second European language is an asset.

Next Steps:

We are excited to meet you. Please submit your resume or CV to be considered for this opportunity. Applications are being reviewed on a rolling basis and we will be in touch with any questions. Final candidates will be asked to undergo a security screening, which includes a credit bureau and a criminal record investigation, the results of which must be acceptable to AIMCo.

At AIMCo, we draw upon the differences in who we are, where we come from, and the way we think to foster sophisticated solutions for Albertans. Doing business the right way means building an equitable organization inclusive of all races, genders, ages, abilities, religions, neurodiversity, identities, and lived experiences. Simply put, when you can show up as your authentic self every day, you and your team can truly thrive — all in service of our clients and their beneficiaries.