Commercial Real Estate Analyst

Location: London, Knightsbridge on-site 5 days a week

The Opportunity

Praxis is one of the UK’s leading real estate investment platforms founded in 2009, focussed on cross sector, value add strategies across the UK. With £1.5Bn of assets under management, Praxis has a highly successful track record spanning several decades across multiple real estate cycles and have continued to actively invest irrespective of market conditions, finding opportunities for attractive returns. The acquisitions team is looking to hire an Investment Analyst to join the team in what is an exciting period of growth for the organisation. Focussing on value-add investment strategies across the UK, this individual will support predominantly, but not exclusively, commercial property acquisitions in line with the growth strategy of the business. This is a great opportunity to join a lean, entrepreneurial environment with significant capital to deploy across the UK.

This role is extremely broad and candidates will support the acquisitions team in originating, underwriting, modelling and screening commercial assets across all UK property sectors.

Role Summary

• Supporting the acquisitions team in the originating, underwriting, structuring, financing and execution of investment opportunities for the business
• Complex Excel financial modelling including scenario analysis and debt modelling
• Detailed acquisition due diligence, including in-depth market research, reviewing technical documents, composing business plans, underwriting cashflow assumptions and debt covenant analysis
• Preparing investment reports and strategy papers to be presented to the investment committee
• Liaising with agents and advisors to gather relevant market data to support underwriting
• Portfolio modelling and tracking business plans of existing assets to support the IR team in the preparation of investor reports and the asset management team in making key decisions
• Managing the deal pipeline tracker for weekly deals meetings

Clear growth pathways within the business. The business can also support candidates through RICS pathways / other professional accreditations. The job will involve opportunities to travel the UK to inspect potential opportunities as part of the due diligence process.

We are looking for

• Advanced Excel modelling skills and proficiency in Word and PowerPoint
• Strong analytical and quantitative skills with excellent attention to detail
• An entrepreneurial mindset with the ability to show initiative and think creatively
• Cross sector UK real estate knowledge and experience

Highly competitive salary DOE

• Discretionary bonus scheme (eligible after 12 months) – based on performance (individual contribution and company)
• 25 days holiday per year plus bank holidays
• Office closure over festive season
• Additional holiday with service
• Private Medical Insurance (medical history disregarded)
• 5% Company pension contribution
• 3x Life Assurance
• Cycle to work scheme (on-site shower room facilities & bike parking in majority of head offices)
• Employee Assistance Programme
• Daily healthy fruit & snacks
• Comprehensive business expense policy (including lunches when travelling away from base location)

How to stand out:

We expect a high volume of interest in this role so to stand out we suggest tailoring a cover letter to tell us why the opportunity excites you, how your experience could be transferable and any impact you have had in your previous role. This does not need to be more than a page.

Process:

• 3 interview rounds with two assessments
• 30 mins – 1st stage interview with recruitment team
• 1 hour – 2nd stage interview with hiring team at our Knightsbridge office
• Financial modelling test & Hogan personality assessment (no prep needed)