Business Description:
Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has US $337 billion of investor capital under management. Blackstone is the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector, including logistics, residential, office, hospitality and retail. Our opportunistic funds seek to acquire undermanaged, well-located assets across the world. Blackstone’s Core+ business invests in substantially stabilized real estate assets globally, through both institutional strategies and strategies tailored for income-focused individual investors including Blackstone Real Estate Income Trust, Inc. (BREIT), a U.S. non-listed REIT, and Blackstone’s European yield-oriented strategy. Blackstone Real Estate also operates one of the leading global real estate debt businesses, providing comprehensive financing solutions across the capital structure and risk spectrum, including management of Blackstone Mortgage Trust (NYSE: BXMT).
Job Description:
Blackstone’s Real Estate Private Equity Group offers their professionals the chance to work in all aspects of real estate investing and can expect to be staffed on multiple transactions at one time. Analyst/Associate are involved with the development, structuring and financing of transactions and regularly attend both external and internal meetings, negotiations and due diligence sessions.
Responsibilities:
- Evaluate and execute real estate investments in Asia-Pacific.
- Perform market research, financial modelling and valuation analyses of prospective investment opportunities in different real estate sectors, including office, shopping malls, warehouses, data centers and hotels.
- Perform extensive due diligence on each transaction, including travelling to the properties, meeting with management, coordinating with various advisors, and formulating investment strategies and business plans.
- Prepare written analyses and evaluations of investment opportunities for Blackstone’s Real Estate Private Equity Group’s investment committee.
- Participate in execution of transactions, including negotiations of contracts and agreements with sellers and financing banks.
- Participate in both internal and external client meetings.
- Assist asset managers in managing current investments, including analysing potential refinancing and exit opportunities.
Qualifications:
Blackstone seeks to hire individuals who work well in a team-driven working group, are highly motivated, intelligent, responsible, have sound judgment and have demonstrated excellence in prior endeavors.
The successful candidate must have:
- At least 2-4 year of finance experience, ideally in real estate investment, investment banking or relevant professional experience
- Strong analytical skills and detail-oriented
- Strong project management, financial and analytical skills
- An entrepreneurial demeanor, results focused.
- Ability to build strong internal and external relationships.
- The candidate must have excellent written, verbal, and interpersonal communication skills in English.
- Strong work ethic to persevere; genuine passion for excellence; results-oriented
- He/She will be team-oriented and collaborative and must possess strong integrity and professionalism.
- Bachelor’s degree with honors from a top university or college
