General Information
Our client is a leading diversified net lease REIT focused on acquiring operationally critical, single-tenant properties across North America and Europe. Leveraging their extensive experience, robust access to capital, and dual presence in the U.S. and Europe, they are uniquely positioned to swiftly provide the capital and real estate solutions necessary for companies to achieve their strategic business goals.
They are dedicated to fostering an inclusive environment and upholding their founder’s ethos of "Doing Good While Doing Well," which emphasizes positive community impact. They actively seek candidates who align with their Diversity, Equity, and Inclusion initiatives to drive meaningful change both within and beyond the organization.
They empower their employees to expand their horizons, embrace growth, and surpass their defined roles and responsibilities. Rather than viewing job descriptions as limits, they see them as starting points, valuing the enthusiasm, innovation, and inquisitiveness their employees bring to work each day. Their aim is to cultivate a collaborative atmosphere that celebrates all perspectives—they are a united team. Above all, they prioritize humor, honesty, and integrity.
This position is located in Amsterdam, Netherlands office.
Job Responsibilities
The European Asset Management role encompasses a wide range of responsibilities covering the entire project lifecycle, from onboarding and executing business plan initiatives to eventual exit strategies.
Key Responsibilities:
- Focus primarily on managing assets located across Europe, with opportunities for expanded exposure and growth to drive asset management initiatives and eventually oversee a dedicated portfolio.
- Travel across Europe to visit portfolio properties and engage with company managers, property developers, and brokers.
- Develop cash flow models for new expansions, sales, lease extensions, and new building developments.
- Conduct proactive reviews of tenant company financials, perform business sector analyses, engage with tenant management teams, and present findings to W. P. Carey management.
- Support Research and Development (R&D) projects by analyzing portfolio sectors and building specifics, and preparing presentations for senior management review.
- Stay informed about lease extension options, tenant rights to renew, expansion possibilities, rent review clauses, default scenarios, and liaise with legal counsel as needed.
- Collaborate with the Property Management team on Environmental, Social, and Governance (ESG) initiatives.
- Analyze third-party senior loans for potential payoffs, negotiate repayment terms at a discount to par value, and discuss loan extensions with lenders.
- Contribute to a team focused on identifying value creation opportunities, preparing detailed memoranda, and presenting recommendations to senior management.
This role offers extensive involvement in managing European assets within the portfolio, with opportunities for professional development and leadership in executing asset management strategies.
Job Requirements
Skills and Qualifications:
- Advanced proficiency in Excel for cash flow modeling.
- 2 to 5 years of experience in real estate and financial underwriting.
- Self-motivated individual with high levels of enthusiasm and strong teamwork abilities.
- Desired traits include an entrepreneurial spirit, independent drive, creativity, problem-solving skills, attention to detail, and strong interpersonal skills.
- Excellent written English communication skills.
- Proficiency in at least one language other than English is desirable (multiple European languages preferred).
- Willingness to travel as needed.
Requirements:
- Excel expertise for cash flow modeling.
- 2-5 years of experience in real estate and financial analysis.
- Self-starter with enthusiasm and a strong team orientation.
- Desired attributes include entrepreneurial spirit, independent drive, creativity, problem-solving ability, attention to detail, and interpersonal skills.
- Proficiency in written English.
- Proficiency in one or more European languages is advantageous but not required.
- Openness to travel.
More information
If you are interested in this position please send your application (in English) to Martijn van der Wal (wal@solid-recruitment.nl) and for questions you can contact him on this number +31 (0) 6 28 20 1774.
Solid Recruitment (Netherlands) is an international recruitment agency which offers unique career opportunities in the real estate sector.
