Blackstone is the world’s largest alternative asset manager, with more than $1.3 trillion in assets under management. The firm engages in real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Blackstone’s real estate business, founded in 1991, manages over $319 billion of investor capital and is the largest owner of commercial real estate globally across logistics, data centres, residential, office and hospitality sectors.
2027 Blackstone Real Estate Partners Summer Analyst – Acquisitions, Asset Management, Capital Markets and Core+ (London)
Blackstone Real Estate partners deliver returns through opportunistic investment, value creation and financing across the continent. The Summer Analyst Program is a 10‑week in‑person experience that immerses participants in deal-making, asset management, financing and portfolio operations, providing mentorship, technical training and networking opportunities.
Available Groups
- Real Estate Acquisitions
- Real Estate Asset Management
- Real Estate Capital Markets
- Real Estate Core+
Real Estate Acquisitions
The Acquisitions Group originates, underwrites and executes real‑estate investment opportunities. As a Summer Analyst, you will work on deals across Europe covering companies, portfolios and individual assets.
- Conduct financial analysis and market research to develop new investment theses.
- Prepare valuation models, LBO analyses, memos and presentations for ongoing opportunities.
- Assist with due diligence, negotiation, execution, financing and structuring of live transactions.
- Collaborate with cross‑functional teams, including Asset Management, Legal & Compliance and Capital Markets.
- Attend site tours, internal and external meetings and expert sessions.
- Prepare and present a view on key drivers, risks and opportunities of potential transactions.
Real Estate Asset Management
The Asset Management Group drives post‑acquisition value creation, setting business plans and executing transactions to monetize investments.
- Build portfolio models to manage operational real‑estate assets.
- Collaborate with senior management to set business plans and drive performance.
- Conduct market research and analyse value‑creation initiatives, such as capital expenditure projects.
- Execute transactions including refinancings, recapitalisations and dispositions (public IPOs and private market sales).
Real Estate Capital Markets
The Capital Markets Group leads all debt capital initiatives for Blackstone’s real‑estate investments.
- Perform financial analysis, modelling and market research to support financing transactions.
- Prepare internal presentations, reports and marketing materials to solicit financing.
- Collaborate with Acquisitions and Asset Management to guide pricing and terms.
- Assist with negotiation and execution of financing transactions.
Real Estate Core+
The Core+ Group focuses on strategy and management of Blackstone Property Partners Europe and the Blackstone European Property Income Fund.
- Collaborate with acquisitions, asset management, portfolio management, capital markets, finance and compliance teams.
- Support due diligence, tax structuring, debt and hedging strategies and investor materials.
- Monitor acquisition pipeline, investment results and portfolio performance.
- Track operating and financial data, maintain liquidity analysis and update fund models.
- Assist with quarterly reporting to LPs, marketing materials and stakeholder presentations.
- Interface with internal teams including fund operations, accounting, legal, tax and compliance.
Qualifications
- Strong verbal and written communication skills.
- Ability to work in a team environment with dynamic roles.
- Basic knowledge of accounting and finance.
- Self‑motivation to solve problems independently, with humility to acknowledge limits and uncertainties.
- Commitment to professional development.
- Excellent attention to detail.
- Intellectual curiosity.
- Good judgement.
Application Criteria
- Currently enrolled as an undergraduate or master’s student.
- Anticipated graduation date: Summer 2028.
- CV must include expected graduation month/year and expected grade.
- CV must be in PDF format.
Application Deadline
- Applications will close on Friday 30 October 2026.
- Applications are reviewed on an ongoing basis.
If you do not meet these criteria, please see Blackstone’s Careers website for other opportunities that may be available, including other entry‑level positions.
The duties and responsibilities described here are not exhaustive and additional assignments, duties or responsibilities may be required of this position. Assignments, duties and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.
Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.
If you need a reasonable accommodation to complete your application, please contact Human Resources at 212‑583‑5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).
Depending on the position, you may be required to obtain certain securities licenses if you are in a client‑facing role and/or if you are engaged in the following activities:
- Attending client meetings where you discuss Blackstone products and/or client questions.
- Marketing Blackstone funds to new or existing clients.
- Supervising or training securities‑licensed employees.
- Structuring or creating Blackstone funds/products.
- Advising on marketing plans prepared by a sales team or contributing information for marketing materials.
You will not be eligible to participate in Blackstone’s health and other insurance benefit programs.
Please note that we may use an AI screening tool to help with the initial review of applications. The tool helps us assess candidates based on skills, experience and qualifications. The tool’s scores are one of the factors we consider when deciding who moves to the next stage of the application process. If you are not selected to move to the next stage, you may request a re‑review of your application materials without consideration of the AI tool’s scores by emailing EMEACampusApplicationReview@blackstone.com. Please include a reference to the specific position you applied for.
