At a Glance
- Tasks: Lead and manage value-add real estate investments across Europe, focusing on development and joint ventures.
- Company: Join Franklin Real Asset Advisors, a global leader in real estate and infrastructure investments.
- Benefits: Dynamic work environment with exposure to international markets and innovative strategies.
- Other info: Opportunity for growth in a fast-paced, impact-driven company.
- Why this job: Make a real impact in the real estate sector while developing your career in a collaborative team.
- Qualifications: Experience in real estate asset management and strong financial analysis skills required.
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)
- Development & Joint Venture Oversight
- 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
- Financial Analysis & Reporting
- 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
- Transaction Support
- 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
- Stakeholder Management
- 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 employer: Franklin Templeton
Franklin Real Asset Advisors (FRAA) 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, FRAA provides a unique platform for those looking to advance their careers in real estate investment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Real Estate Asset Manager - Value Add
✨Tip Number 1
Network like a pro! Reach out to your contacts in the real estate sector and let them know you're on the lookout for opportunities. Attend industry events or webinars to meet potential employers and make connections that could lead to your next role.
✨Tip Number 2
Showcase your expertise! Prepare a portfolio that highlights your past projects, especially those related to value-add and development. This will give you an edge during interviews and help you demonstrate your hands-on experience in asset management.
✨Tip Number 3
Be proactive! Don’t just wait for job postings to appear. Reach out directly to companies you admire, like Franklin Real Asset Advisors, and express your interest in potential roles. A well-timed email can open doors that aren’t even listed yet!
✨Tip Number 4
Utilise our website! Apply through StudySmarter to streamline your application process. We’ve got resources and tips to help you stand out, so take advantage of everything we offer to land that Senior Real Estate Asset Manager role.
We think you need these skills to ace Senior Real Estate Asset Manager - Value Add
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your experience in value-add real estate asset management. We want to see how your skills align with the responsibilities mentioned in the job description, so don’t hold back on showcasing relevant projects you've worked on!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. We love seeing candidates who can articulate their passion for real estate and their strategic thinking abilities, so make it personal and engaging.
Showcase Your Financial Acumen:Since this role involves a lot of financial analysis, be sure to highlight your advanced financial modelling skills. We’re looking for someone who can confidently analyse cash flows and IRR, so include specific examples of how you've done this in past roles.
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!
How to prepare for a job interview at Franklin Templeton
✨Know Your Portfolio Inside Out
Before the interview, make sure you thoroughly understand the portfolio of value-add real estate investments you'll be overseeing. Familiarise yourself with past projects, current market trends, and potential future developments. This will not only show your expertise but also demonstrate your genuine interest in the role.
✨Master the Financials
Brush up on your financial analysis skills, especially around cash flow, IRR, and equity multiples. Be prepared to discuss how you've used these metrics in previous roles to drive asset performance. Showing that you can analyse and challenge partner reporting will set you apart from other candidates.
✨Showcase Your Joint Venture Experience
Since managing relationships with JV partners is key, come ready with examples of how you've successfully navigated joint ventures in the past. Discuss specific challenges you faced and how you overcame them, as well as how you ensured compliance with JV agreements.
✨Prepare for Stakeholder Management Questions
Expect questions about how you manage relationships with various stakeholders, including developers and internal teams. Have examples ready that highlight your communication skills and ability to collaborate cross-functionally. This will demonstrate your capability to serve as the primary point of contact for JV partners.