Associate / Senior Associate - Real Estate

Alvarez & Marsal (A&M) is a global consulting firm with entrepreneurial, action and results-oriented professionals. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact on our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.

The Real Estate Advisory team sits within A&M’s successful and fast-growing Restructuring department. The real estate advisory team provides specialist, strategic advice to clients holding stressed, sub-performing, and non-performing loans or assets. As the leading global name in restructuring, A&M is well versed in delivering both financial and operational real estate turnarounds, using consensual and non-consensual processes to preserve and optimise value. The candidate will be helping clients revitalise underperforming real estate portfolios or businesses through strategically aligned improvements, including hands-on asset and development management, operational restructuring, and financial management.

How you will contribute:

• End-to-end asset management across a diverse range of commercial real estate assets, ensuring alignment with asset-level and company-level business plans.
• Work closely with our clients and third-party service providers (including property and asset managers, leasing teams, and investment agents), driving performance and ensuring delivery in line with the agreed business plan.
• Lead communication with external stakeholders such as agents, brokers, property managers, vendors, analysts, and surveyors to support efficient execution and market insight.
• Prepare hold/sell analyses, as well as client reporting.
• Conduct and synthesise relevant market research, reviewing real estate surveys, benchmarks, and economic and demographic trends across applicable sectors.

Qualifications:

• Demonstrable experience of asset management experience and MRICS qualified.
• Proven experience in presentation preparation, analysis, and research to support investment and asset-management decision-making.
• Prior involvement in development implementation is advantageous.
• Strong understanding of the physical aspects of real estate assets, including ongoing asset management, valuation processes, and disposal strategies.
• Demonstrated execution capability, with the ability to prioritise effectively and meet multiple deadlines.
• Solid grasp of European real estate market intelligence, particularly across Western European markets.
• Ideally, experience working across multiple European countries, with knowledge of financing structures, loan security packages, and development-related processes.

Personal Attributes:

• Demonstrates a professional, positive, and solutions-oriented attitude.
• Strong cultural fit, exhibiting integrity, collaboration, and alignment with organisational values.
• Clear and confident communicator, able to articulate complex information effectively to diverse stakeholders.
• Proven ability to operate under pressure and adapt to a fast-paced, evolving environment.
• Excellent organisational skills, with the capacity to manage multiple priorities and meet tight deadlines.
• High attention to detail and a commitment to maintaining consistently high standards of work.
• Strong commercial acumen, with the ability to understand, interpret, and act on key drivers of value.
• Confident decision-maker, proactive in identifying issues and driving solutions.
• Able to work effectively in a cross-cultural, international environment.
• Additional European language skills are advantageous but not essential.

Your journey at A&M:

We recognise that our people are the driving force behind our success, which is why we prioritise an employee experience that fosters each person’s unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career. We prioritise your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favourite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.

Inclusive Diversity:

A&M’s entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M’s core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity, and we foster inclusiveness, encouraging everyone to bring their whole self to work each day. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.

Equal Opportunity Employer:

It is Alvarez & Marsal’s practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, colour, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws.

Employees and Applicants can find A&M policy statements and additional information by region here.

Unsolicited Resumes from Third-Party Recruiters:

Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.