Senior Associate, Asset Management in City of London

We are seeking an experienced Asset Manager to join our London-based team. The ideal candidate will bring expertise in the residential and/or student accommodation sectors to help execute value-add strategies across our UK and European portfolio. This role requires a detail-oriented and collaborative individual who can work closely with internal teams—such as Portfolio Management, Acquisitions, and Finance—as well as external stakeholders, including operating partners and consultants.

R esponsibilities include, but are not limited to:

• Manage a portfolio of residential and student accommodation investments across the UK and Europe to drive performance and long-term value creation.
• Take full ownership of assigned investments and lead the execution of business plans, including leasing strategies, capital projects, ESG initiatives, and value-add activities.
• Lead the preparation of annual budgets in collaboration with internal stakeholders and operating partners.
• Manage internal and external valuation processes, working closely with Finance, operating partners and external valuers, and present recommendations to the Valuation Committee.
• Monitor investment performance and regularly update financial model projections , including the incorporation of actuals, support ing strategic decision-making and inform ing revisions to business plan s .
• Deliver quarterly reporting to Portfolio Management and Finance teams, including variance analysis and updated projections aligned with evolving business plans.
• Present key performance insights, strategic developments, and investment updates to senior leadership as part of the quarterly investment review process.
• Conduct regular site visits and oversee third parties—including operating partners, property managers, and leasing teams—to ensure alignment with asset strategies and operational goals .
• Perform financial modelling to support strategic decision-making, conduct scenario analysis, and optimi z e asset performance.
• Collaborate with internal teams to perform detailed hold/sell analyses, manage refinancing processes, and execute exit strategies, including presenting recommendations to senior leadership.
• Maintain strong relationships with joint venture partners, consultants, and service providers.

Qualifications

• Minimum of 5 years’ experience in real estate asset management, with a focus on residential and/or student accommodation assets.
• Proven track record in driving asset performance through strategic planning and operational oversight.
• Detail-oriented, with strong experience in budgeting, forecasting, and performance analysis.
• Advanced financial modelling and analytical skills, with proficiency in Excel.
• Excellent communication and stakeholder management skills, with the ability to influence cross-functional teams.
• Highly organized and experienced in managing capital projects, leasing strategies, and day-to-day asset operations.
• Self-motivated and adaptable, with the ability to work independently and collaboratively in a fast-paced, entrepreneurial environment.
• Proficient in Microsoft Office Suite (Excel, PowerPoint, Word); experience with Argus and Power BI is a plus.

Job Location and Travel

• This position is based in our London office.
• Occasional travel within the UK and Europe required.

Additional Information

Candidates applying for roles requiring travel must hold a valid, non-expired driver’s license.

Equal Employment Opportunity: Heitman is an equal employment opportunity employer and complies with all applicable laws prohibiting discrimination based on race, color, creed, religion, sex, age, national origin or ancestry, physical, medical or mental disability or condition (including, without limitation, HIV and AIDS), developmental disability, handicap, denial of family and medical care leave, denial of pregnancy leave, domestic partner status, status as a victim of sexual or domestic violence (or familial relationship to such victim), veteran status, marital status, sexual orientation, arrest records, citizenship status, criminal history that has been expunged, unfavorable discharge from the military, or any other basis protected by federal, state or local laws.