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Home Australia Blackstone - Real Estate Group, Senior Associate, Sydney

Blackstone - Real Estate Group, Senior Associate, Sydney

Full time at a Laimoon Verified Company in Australia
Posted on April 23, 2024

Job details

Blackstone - Real Estate Group, Senior Associate, Sydney page is loaded Blackstone - Real Estate Group, Senior Associate, Sydney Apply locations Sydney time type Full time posted on Posted 3 Days Ago job requisition id 31778 Blackstone is the world's largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com . Follow @blackstone on  LinkedIn ,  Twitter , and  Instagram .

 

Blackstone Real Estate 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. Senior Associates 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, with focus in Australia.Responsible for the day-to-day operational management of Blackstone's existing real estate portfolio in the country and also in the region.Perform market research and valuation analyses of prospective investment opportunities in different real estate sectors, including office, shopping malls, warehouses, and hotels.Identify and analyze trends in the industry and recommend asset management strategies and opportunities.Act as point person for the business, work with senior management and coordinate analyst responsibilities. Proactively pass own market knowledge on to the junior colleagues.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.Develop and maintain relationships with portfolio companies / JV partners / operating partners external asset managers to ensure maximum investment returns on assets in the portfolio.Build portfolio companies / JVs including hiring of senior management including the CEO, CFO and heads of various functions.Work closely with the regional and global asset management teams in managing current investments, including analyzing potential refinancing and exit opportunities. role will also entail working closely with other Blackstone internal stakeholders including portfolio management, finance, legal and compliance, institutional client services.Qualifications: Blackstone seeks to hire individuals who work well in a team-driven working group, are highly motivated, intelligent, have sound judgment and have demonstrated excellence in prior endeavors. 

The successful candidate must have:

At least 5-7 year of relevant experience and thorough understanding in real estate either acquisition or asset management. Strong analytical skills and detail oriented. Has strong project management, financial and analytical skills. An entrepreneurial demeanor, results focused . He/She will be team-oriented and collaborative and must possess strong integrity and professionalism. Excellent interpersonal and strong communication skills, both written and verbal. Strong work ethic to persevere; genuine passion for excellence; results oriented. Bachelor's degree with honors from a top university or college

The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.

Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.

If you need a reasonable accommodation to complete your application, please contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).

Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:

Attending client meetings where you are discussing Blackstone products and/or and client questions;

Marketing Blackstone funds to new or existing clients;

Supervising or training securities licensed employees;

Structuring or creating Blackstone funds/products; and

Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.

Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.

To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.

About UsAt Blackstone, we look to attract and retain the brightest minds in the business, hiring professionals across a wide range of disciplines. Our employees are integral to the firm's identity, contributing to a culture of integrity, professionalism and excellence. It is their dedication and passion for their work that has helped Blackstone become a trusted partner for some of the largest institutional investors in the world.

We encourage independent thinking and reward initiative, while providing services to help employees grow professionally. Our global business platform and brand reputation provide an unparalleled launch pad for growing your career.

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