European Real Estate Portfolio Management, Associate Director/Director
Barings · London
At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.
We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.
Position Title: European Real Estate Portfolio Management
Business Title: Associate Director / Director
Department: Real Estate Equity
Location: London
Background
Barings is looking to hire a member of the Barings Real Estate European Value Add (the Fund) portfolio management team. The Fund series consists of three funds to date, the first fund which raised €300m in 2016 and a second which raised €850m in 2021. Fund 3 launched in 2025 and has committed around 60% of the sponsor seed capital (€400m) with final close of third party capital in Q4 2026 / Q1 2027.
The Role
Portfolio management:
Act as an assistant Portfolio Manager.
Manage and prepare quantitative analysis of portfolio and asset business plans
Collate and report committed and actual spend against approved acquisition budgets
Develop and maintain fund models for performance and forecast reporting, distributions and movements in investment allocations and performance
Perform frequent portfolio updates, collating data from local teams and JV partners to establish inflows and outflows in portfolios, manage cash across portfolios and ensure compliance with investment guidelines
Measure performance and understand net asset value calculations.
Provide fund and client reporting to internal and external clients, ensuring its accuracy and timely delivery
Co-ordinate with performance and marketing teams in production of materials for client presentations and investor queries
Sourcing:
Rely on and build existing network to identify market trends and gain insights across European markets
Complement Country Teams to ensure visibility and consistency of message for BREEVA in our target markets
Strategy:
Contribute to debates with PM & research teams to set fund strategy based on thematics & relative value
Formulate strategy decks for preferred sectors
Work with Country Teams to define deliverable target allocation parameters
Transactions:
Working with deal teams early in the process to align on underwriting & deal risks
Question and drive rigour in the underwriting process and deal review
Inspect assets the fund is acquiring
Assess competence of partners to execute business plan
Participate in tax & structuring workstreams
Negotiate Joint Venture term sheets
Asset management:
Chair bi-weekly asset management meetings with Country Teams
Lead critical thought for analysis and recommendations on all key decisions
Monitor and optimise asset and fund level financing strategy
Oversee hold / sell analysis and disposals
Take ownership of ad hoc projects
Fundraising:
Prepare strategy & fundraising materials
Compile and present track record
Provide performance updates and portfolio update presentations
Over time work towards more LP facing involvement
Requirements
6-9 years’ experience in a real estate organization, real estate private equity fund or real estate division of an investment bank
Strong knowledge & experience in analysing and modelling complex deals and financial structures
Pan-European transaction experience across all sectors including negotiating and managing joint ventures, SPAs & FAs
Hard working, high degree of attention to detail and ease with numbers
Substantial level of skill in liaising with a range of stakeholders, using interpersonal, consultation and relationship building skills
Ability to commercially evaluate financial data, and present conclusions to inform business decisions
Highly developed verbal and written communication skills, including the ability to prepare documentation for stakeholders’ groups at varying levels
In-depth knowledge of Microsoft Office products specifically Excel, PowerPoint, and Word and AI tools.
Fluency in spoken and written English with additional language skills an advantage
Willing to travel
Hands on asset management / development management experience preferable
#LI-JB1
Requisite Skills
Additional Skills
Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.