• Job Description

  Req#: R008220

  Position: Real Estate Private Equity Analyst

  Department: Acquisitions / Asset Management

  Location: Paris

  How to Apply: Please visit our Tishman Speyer Careers Website to apply for this position using the following link and clicking on the ‘Opportunities’ tab: https://tishmanspeyer.com/careers

  Company Profile

  At Tishman Speyer, we are building a better tomorrow. The firm’s visionary leadership team and on the ground experts are unparalleled in their ability to foster innovation, anticipate global and local needs, and cultivate new initiatives, such as its tenant amenities platform Zo., and its flexible space and co-working brand Studio. For us, real estate is more than buildings. We focus on the intersections that matter most. The intersection of real estate and people, real estate and technology, real estate and your local neighborhood. We build community and connection. Designing living rooms to labs, boardrooms to breakrooms, we put the customer at the center of everything we do. We build timeless communities that serve neighborhoods and cities with affordability, public space and easy accessibility.

  Since its inception in 1978, Tishman Speyer has acquired, developed, and operated 533 assets, totaling over 20 million square meters, with a combined value of approximately $129 billion. Its current portfolio includes many iconic communities and assets such as Rockefeller Center in New York City, The Springs in Shanghai, TaunusTurm in Frankfurt, and the Mission Rock neighborhood currently being realized in San Francisco. As of 31 March 2023, the portfolio of Tishman Speyer is made of 180 assets, with a total value of $ 66.6 billion.

  Responsibilities of the Role

  Acquisitions

  Analyze real estate acquisition opportunities, assist in the due diligence process and the preparation of internal recommendation memos, and undertake market research necessary to determine appropriate underwriting assumptions.

  Assist in evaluation of acquisitions

  • Conduct asset site inspections

  • Work with the other functions within TS (property management, asset management, and construction) to gather data relevant to asset valuation

  • Develop asset acquisition financial analysis

  • Create multiple scenarios using different finance strategies

  Assist in the due diligence process

  • Create and manage the detailed financial models

  • Develop and maintain documentation

  • Attend meetings with sellers, brokers and attorneys

  Undertake market research and maintain a data base of key transactions

  • Review critical issue reports, newsletters, and publications

  • Survey market rents, inventory, absorption, new construction

  • Update/maintain internal market database

  Asset Management

  Underwrite TS assets to facilitate internal decision regarding hold, sell, or refinance. Assist in financing, dispositions. Update investors regarding asset-level and fund performance. Provide solutions for improving asset and fund performance.

  Conduct performance calculations for each TS asset:

  • Work with Property Management, Finance, Construction, Tax and Accounting teams to gather relevant data

  • Update financial models and returns calculations on a quarterly basis

  • Conduct sensitivities, hold/sell analyses, tax restructuring analyses, and make recommendations to senior management based on results. Create multiple scenarios using different finance strategies

  • Work with Portfolio Management to evaluate current property values

  Assist in dispositions process:

  • Help create sale memoranda and data room

  • Analyze offers and run different exit strategies

  • Attend meetings with prospective buyers, brokers and attorneys

  Create presentations and reporting

  • Prepare information for senior management to take important strategic decisions regarding assets

  • Assist in the creation of relevant presentations and memoranda for internal or external use

  • Create and update reporting (investors, banks, administration)

  • Prepare reports for investors. Present those reports to investors and demonstrate ability to intelligently answer investor questions regarding TS investments

  Conduct property inspections and operations review

  • Review documentation (leases, contracts, condition reports)

  • Conduct asset site inspections

  Other

  • Assist in financing and refinancing processes

  • Assist in yearly budgeting campaign

  • Assist in marketing campaigns

  Required Skills / Experience

  The candidate will interact with colleagues throughout the organisation and therefore should be articulate, with the ability to communicate effectively across all functions and levels, including senior management.

  Required for the role is:

  • A good understanding of Real Estate investment markets and metrics

  • A minimum of 6 months of relevant work experience in real estate or investment banking (including internships)

  • Demonstrated academic success, with a bachelor’s degree in areas such as finance, accounting or other analytical / quantitative fields

  • Strong quantitative and analytical skills

  • Excellent financial modeling skills including a high degree of proficiency with Excel, PowerPoint, Word

  • Demonstrable ability to think strategically and to present information in a clear and concise manner

  • Demonstrated initiative and sound judgment in managing multiple tasks

  • Strong problem-solving skills

  • Good listening skills and responsiveness

  • Well-organised with exceptional attention to detail

  • Fluent French and English ability to understand and communicate, verbally and in writing in both. Speaking Spanish or Italian would be a plus.

  Diversity and inclusion

  Tishman Speyer is deeply committed to creating and maintaining a diverse workforce which promotes different views and perspectives. We expect our leaders and employees alike to champion diversity and inclusion practices. Tishman Speyer has several employee affinity and interest groups that provide employees opportunities to develop professional relationships across the business and identify opportunities for development and advancement.

  We are proud to be an Equal Opportunity Employer and treat all applicants for employment equally based upon job-related qualifications and without regards to race, color, age, sex, sexual orientation, gender identity, gender expression, marital status, military or veteran status, national origin, disability, religion, or any other characteristics protected by law.

• About the company

  Tishman Speyer Properties is an American company that invests in real estate.

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