At a Glance
- Tasks: Oversee and enhance value-add real estate investments across Europe.
- Company: Join Franklin Real Asset Advisors, a global leader in real estate investment.
- Benefits: Dynamic work environment with international exposure and innovative strategies.
- Other info: Collaborate with diverse teams and gain insights into global markets.
- Why this job: Make a real impact in the real estate sector while developing your career.
- Qualifications: Experience in real estate asset management and joint ventures is essential.
The predicted salary is between 80000 - 100000 £ per year.
The Senior Real Estate Asset Manager will be responsible for overseeing a portfolio of value-add real estate investments across Europe with a strong emphasis on development and redevelopment joint ventures. This role focuses on executing business plans, maximizing asset value, and managing relationships with operating partners, developers, and internal stakeholders. The ideal candidate brings deep experience in development projects, joint-venture management, and hands-on asset management across the full lifecycle of an investment.
Responsibilities
- Lead asset-level strategy and execution for a portfolio of value-add and development investments
- Drive business plan implementation, including leasing, capital improvements, redevelopment, and disposition strategies
- Monitor asset performance relative to underwriting and proactively identify risks and opportunities
- Oversee operating and capital budgets, track KPIs, and ensure alignment with fund-level return objectives
- Work closely with Impact team to develop and monitor Impact KPI's (Social or Environmental)
- Manage relationships with JV partners, developers, and operating partners
- Review and approve development budgets, schedules, design plans, and major contracts
- Monitor construction progress, cost controls, change orders, and risk mitigation strategies
- Ensure compliance with JV agreements, including governance, approval rights, and reporting requirements
- Analyse financial performance, including cash flow, IRR, and equity multiples
- Review and challenge partner reporting, development draws, and capital calls
- Prepare internal investment update memos, valuation updates, and performance reports for senior management and investors
- Support quarterly valuations and assist with fund-level reporting
- Support the investment team in the asset acquisitions process, including underwriting and technical/impact due diligence by identifying asset specific impact initiatives
- Provide asset management input on business plans, development assumptions, and operating strategies
- Support refinancings, recapitalizations, and dispositions
- Holds ultimate responsibility for each investment
- Serve as primary point of contact for JV partners and third-party operators
- Collaborate cross-functionally with acquisitions, capital markets, legal, and investor relations teams
- Present asset performance and strategy updates to internal committees and external investors
Qualifications
- Degree in Real Estate, Finance, Business, or related field or technical background with extensive business experience
- Extensive experience in value-add real estate asset management, with a focus on value-add and development projects
- Strong experience managing joint ventures and working with external development partners
- Deep understanding of development processes & construction management
- Advanced financial modelling and analytical skills (Excel proficiency required)
- Strong knowledge of real estate markets, leasing dynamics, and capital structures
- Strategic thinking with strong execution capability
- Ability to manage complex, multi-phase development projects
- Commercial judgment and risk assessment
- Experience within a private equity real estate fund or institutional investment manager (preferred)
- Exposure to multiple asset classes (preferred sectors healthcare, residential, education)
- Track record of successfully executing value-add or development business plans (preferred)
- Pan-European experience and European language skills (preferred)
Company Overview
Franklin Real Asset Advisors (FRAA) is a global investment platform within Franklin Templeton focused on real estate and infrastructure. Since 1984, we have managed private equity real-estate and infrastructure investments worldwide. Our teams in New York, London, and Calgary collaborate to identify opportunities using Franklin Templeton’s global network. Joining us means working in a dynamic, impact-driven environment where you will gain exposure to international markets and innovative investment strategies.
Senior Real Estate Asset Manager - Value Add in City of Westminster employer: Franklin Templeton
Franklin Real Asset Advisors is an exceptional employer, offering a dynamic and impact-driven work environment that fosters professional growth and collaboration across international markets. As a Senior Real Estate Asset Manager, you will benefit from a culture that prioritises innovation and strategic execution, while also having the opportunity to engage in meaningful projects that align with social and environmental impact goals. With a strong emphasis on employee development and a commitment to excellence, Franklin Templeton provides a unique platform for career advancement in the real estate investment sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Real Estate Asset Manager - Value Add in City of Westminster
✨Network Like a Pro
Get out there and connect with people in the real estate industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. Building relationships can open doors to opportunities that aren’t even advertised.
✨Showcase Your Expertise
When you get the chance to chat with potential employers or during interviews, make sure to highlight your experience with value-add projects and joint ventures. Share specific examples of how you've maximised asset value and managed complex developments.
✨Prepare for Interviews
Do your homework before any interview! Understand the company’s portfolio and recent projects. Be ready to discuss how your skills align with their needs, especially in areas like financial analysis and stakeholder management.
✨Apply Through Our Website
Don’t forget to check out our website for job openings! Applying directly through our platform not only shows your interest but also gives you a better chance of being noticed by our hiring team. Let’s get you that dream job!
We think you need these skills to ace Senior Real Estate Asset Manager - Value Add in City of Westminster
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Real Estate Asset Manager role. Highlight your experience in value-add real estate and joint ventures, as well as any relevant projects you've managed. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about real estate asset management and how your skills can help us maximise asset value. Be sure to mention specific experiences that relate to the responsibilities outlined in the job description.
Showcase Your Analytical Skills:Since this role involves financial analysis and reporting, make sure to highlight your analytical skills. Include examples of how you've successfully analysed financial performance or managed budgets in previous roles. We love numbers, so don't shy away from showcasing your Excel prowess!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it shows you're keen on joining our team at StudySmarter!
How to prepare for a job interview at Franklin Templeton
✨Know Your Numbers
As a Senior Real Estate Asset Manager, you'll need to demonstrate your financial acumen. Brush up on key metrics like IRR, cash flow, and equity multiples. Be ready to discuss how you've used these in past projects to drive asset value.
✨Showcase Your Project Experience
Prepare to talk about specific development and redevelopment projects you've managed. Highlight your role in joint ventures and how you navigated challenges. Use concrete examples to illustrate your strategic thinking and execution capabilities.
✨Understand the Market Landscape
Familiarise yourself with current trends in the European real estate market, especially in value-add investments. Be prepared to discuss how these trends could impact the portfolio you'll be managing and any innovative strategies you might suggest.
✨Build Relationships
Since stakeholder management is key in this role, think about how you've successfully built relationships with JV partners and developers in the past. Be ready to share your approach to collaboration and communication, as well as how you handle conflicts or differing opinions.
