Asset Management Associate Real Estate

**Job title: France Real Estate Asset Management - Associate**
**Location : Paris**

**Entity**:DWS

The Real Estate division of DWS is a full service real estate manager with €65 billion in assets under management globally as Dec 2021. DWS Real Estate acquires and manages investments in individual assets or real estate portfolios on behalf of funds and separate accounts.

You’ll be joining the global property arm of DWS with Real Estate assets in excess of €60 billion worldwide, including circa €2.3 billion under management (AUM) in France and Belgium.

The France team manages a wide range of accounts and strategies on behalf of a global client base of international investors. You’ll take responsibility for overseeing the asset management of a portfolio of France and/or Belgium properties.

You will be reporting to the Senior Asset Manager, in the team leading by the Head of Real Estate - France & Belgium, being part of a team of 11 persons based in the Paris office.

**What we’ll offer you**

You can expect:

- Competitive salary and supplementary pension plan
- 26 day’s holiday plus bank holidays and additional RTT days
- Welfare and health plan for you and your family
- A range of flexible benefits

**Your Key Responsibilities**:

- Modelling and underwriting asset business plans to inform strategy (including refurbishment/redevelopment appraisals; hold/sell analysis; tenant covenant analysis; and performing ad-hoc analysis for specific asset and portfolio initiatives), preparing conclusions and recommendations to be presented to Portfolio Managers and the European Investment Committee.
- Supporting the asset management and business plan execution of the France & Belux real estate portfolio including taking responsibility for executing specific asset management initiatives (such as ESG coordination and managing the ESG action plan)
- Preparing and agreeing with clients, annual asset business plans including capital and operational expenditure budgets
- Regularly reviewing the portfolio to identify and execute real estate asset management initiatives to create and / or protect value
- Advising clients and providing recommendations in accordance with client mandates including hold sell performance analysis
- Selecting, tendering and managing the appointment of external specialist advisors to provide professional services
- Managing external Property Managers
- Working closely with Fund Management by regular reporting
- Liaising with transaction teams to support underwriting of new acquisitions and ensuring existing assets are ready for sale in accordance with asset business plans and work with Transactions teams on the sale processes
- Supporting and promoting the DWS real estate business’ Environmental & Social Governance objectives and encouraging best practice engagement by Occupiers and Advisors
- Establishing a good working relationship with tenants of the assets, acting as a link between the occupiers of the assets and the owners of the assets

**Your Skills and Qualifications**:

- 2 to 5 years and plus of experience in Asset Management skills
- Fluency written and oral in French and English
- A broad and diverse experience in France commercial real estate with a network of advisory contacts
- Previous experience of financial reporting, valuations and auditing of investments including the ability to interpret financial statements and management accounting - in Real Estate Business
- A team player, self-motivated with commercial business acumen
- Has excellent client / customer relationship and negotiating skills
- Strong analytical and financial modelling skills
- Proven ability to work effectively under pressure and to meet deadlines
- Strong computer skills and capability with Microsoft Word, Excel, Powerpoint and property specific valuation software such as Argus

**_About us and our teams _**

**DWS - Real Estate**

DWS’s real estate investment business has been investing in real estate assets for 50 years. As part of the Alternatives platform, the real estate business has more than 450 employees around the world and EUR 65 billion in assets under management as of September 30, 2020. Providing a diverse range of strategies and solutions across the risk/return and geographic spectrums, we offer core and value-added real estate, real estate securities, real estate debt and opportunistic real estate. The real estate investment business employs a disciplined investment approach and aims to deliver attractive long-term risk adjusted returns, preservation of capital and diversification to its investors, which include governments, corporations, insurance companies, endowments, retirement plans, and private clients worldwide.

Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to