Internship - Real Estate Investment: Hotels - 6 Months

**About Schroders Group**

Schroders is a leading provider of active asset management, advisory and wealth management services and is widely recognised as a leader in sustainability. Few investment managers can match the combination of capabilities and global reach that Schroders offers. This breadth of services across public and private markets allows for distinctive solutions for the diverse needs of clients, who look to Schroders to provide superior long-term investment outcomes.

**Schroders Capital**

Schroders Capital is the private markets business of Schroders with $97bn of AUM. We work as a global network of specialised, entrepreneurial teams. We combine a global perspective with local market expertise to serve institutional and private wealth clients. Our offering spans the private markets universe and provides access to unique capabilities across private debt and credit alternatives, real estate equity, private equity, and infrastructure equity.

The firm has deep expertise in creating bespoke solutions for institutional clients and is committed to providing scalable capabilities across the spectrum of risk, return and sustainability and impact objectives.

Supported by the resources, experience, and institutional framework of one of the world’s leading asset managers, Schroders Capital is dedicated to helping investors achieve their goals and is at the forefront of product innovation to meet the evolving needs of investors.

We see our role as being a driver of positive change drawing on deep skills to select, acquire, and improve the assets we own.

**The team**

Our Real Estate Hotel team (Schroders Capital Hotel) is an integral part of Schroders Capital, the private market investment division of Schroders, and constitutes an important focus of the Group's strategy for expansion. Schroders Capital is one of Europe's largest real estate managers with deep real estate expertise on the ground across real estate sectors

Schroders Capital Hotel has developed a dual expertise in the hotel management sector, both as an equity investor and as an hotel asset manager. Schroders Capital Hotel gathers a dedicated team of c. 40 professionals based in London, Paris, Amsterdam and Milan, well balanced between investment specialists and hotel industry professionals. The Investment Team is composed of 10 professionals and is focused on the growth of the portfolio.

With c. 50 hotels over 9 European countries, totaling c. 10,000 rooms and more than €3.5 billion of AUM, Schroders Capital Hotel is one of Europe's leading hotel investor and asset manager. With an international hotel team and a specialization in European hotel real estate, Schroders Capital Hotel supports its investment partners by supervising all operational issues specific to this asset class. Thanks to its experience and expertise, Schroders Capital Hotel is both able to invest in properties under management contract, unbranded assets (operated by our in-house asset management team) or leased to third party operators. The Hotel Investment team has demonstrated its flexibility, investing in multiple cycles across all market segments and with several different strategies (opportunistic, value-add and core plus).

**Who we’re looking for**

**What you’ll do**

As an Investment Analyst Intern you will assist the team in the origination and execution of deals, you will:

- Origination
- Conduct market research, Excel analysis, draft memos and presentations.
- Create and manage financial models for transactions.
- Maintain comprehensive research files that include data on both existing and prospective key markets.
- Be involved in the preparation of board presentations for investment committee, investors, banks.Have direct exposure to brokers, operators, partners
- Execution
- Be involved in the due diligence process (commercial, financial, tax, social, real estate, ESG, insurance ) during the execution of acquisition / disposal process (transaction documents, handover protocols)Assist in the preparation of the negotiation with sellers / buyers (price calculation, SPA negotiation, arbitrage )

The Investment Intern will be encouraged to be semi-autonomous in deal analysis underwriting and to also be actively involved in transactions.

**The knowledge, experience and qualifications you need**
- Student in a top tier Business School, Engineering School or University;
- Previous internships in Finance and/or Real Estate and genuine interest in Real Estate / Hotel industry.
- Highly analytical with excellent Excel skills specific to financial modelling and P&L analysis;
- Entrepreneurial approach and highly ambitious with excellent academic credentials;
- Strong written and verbal communication skills with the ability to proficiently navigate Word and PowerPoint;Excellent French and English language skills.

**The knowledge, experience and qualifications that will help**
- A first experience in M&A, TS or Private Equity will be highly appreciatedAnother