Real Estate Portfolio Modelling and Analytics - Associate - London

About BlackRock Real Estate

BlackRock Real Estate is the dedicated real estate investment group within BlackRock Inc. and its subsidiaries investing in strategies across the risk/return spectrum, providing access to all major property types. As at Q2 2025, BlackRock Real Estate manages $26.5 billion of private real estate equity on behalf of investors worldwide. Operating as a globally integrated platform, the group’s extensive on-the-ground presence includes over 230 professionals in 16 offices across 10 countries in Asia Pacific, Europe and the US and over 30 years of strong client service with a focus on meeting portfolio requirements.

The EMEA Real Estate team comprises 70 investment professionals located in 6 offices across the region providing a uniquely local real estate team, within a global asset manager. The team is headquartered in London and supported by numerous dedicated business partners including Legal, Compliance, Tax, Finance, Operations, Sustainability and Product Strategy & Research.

Description/Job Purpose

The Portfolio Modelling and Analytics Associate will support end-to-end financial analysis and decision-making across diversified real estate portfolios. You will build detailed models for acquisitions, developments and disposal strategies, produce forward-looking business plan analysis, underwrite fund strategy to optimise returns and support ongoing business development. This role demands strong commercial acumen, rigorous attention to detail and the ability to synthesise market insight and data into clear, actionable recommendations.

Key Responsibilities

• Investment modelling: Develop cash flow models and conduct quantitative and qualitative analysis for forecasting returns across investment, development and regeneration projects. Prepare and maintain investment models ensuring accuracy, monitor investment outcomes, support project reviews, and conduct hold/sell analysis. Create and monitor multi-phase development appraisals, research key market data to support underwriting assumptions. Leverage AI and machine learning to deliver efficiency gains and new insights.
• Performance analytics, monitoring and reporting: Build, manage, and interpret the results of dynamic quantitative models that analyse the performance of commercial real estate portfolios. Assist in the preparation of performance data submissions requested by clients, external benchmarking, indices and consulting organisations. Provide detailed Performance Analysis to provide insights and assist with portfolio optimisation. Support the Portfolio Management group in creating annual business plans, including leasing, capex, operating budgets and cash distribution. Analyse and interpret the performance of relevant benchmarks and competitors. Input into presentations and memos for Investment Committee reviews.
• Business development: Support business initiatives and projects, client information requests and data requests for fund-raising campaigns. Oversee existing service providers to ensure effective management.

Skills / Experience

• Education: Bachelor’s degree minimum. Professional qualifications such as MRICS, CFA, or CAIA highly desirable.
• Experience: 3–5 years of experience in investment analysis, real estate, property development finance, or related roles. Exposure to real estate fund financial planning is essential. Strong understanding of real estate markets, valuation methodologies, cashflow modelling, and deal structuring required.
• Technical Skills: Advanced financial modelling expertise in Excel. Proficiency in VBA or Python; experience applying AI to performance analysis is a plus. Strong quantitative capabilities and demonstrated analytical skills.
• Soft Skills: Excellent written and verbal communication skills. Proven ability to prepare high-quality materials and present to senior stakeholders. Detail-oriented, with the ability to manage multiple projects under tight deadlines. Strong team player, comfortable working collaboratively across functions and geographies.
• Qualities: Self-motivated, effective workload manager and reliable collaborator able to work as a team player. Happy to work in a fast-paced, hard-working environment. High attention to detail, strong integrity and ethics.

Our Benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our Hybrid Work Model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress. This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive. BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.