Real Estate Valuation Intern (6 Months)

Reonomy, City of Westminster

Real Estate Valuation Intern (6 Months)

£42000

Reonomy, City of Westminster

  • Full time
  • U
  • Onsite working
  • Graduate programme

Posted 2 days ago, 25 Oct | Get your application in today.

Closing date: Closing date not specified

job Ref: ecc53f5d41644532975b2dad771d0a53

Full Job Description

Reporting to the Advisory Manager, the Real Estate Valuation Intern is passionate about real estate, valuation and property risk management. As an Intern, you will support the Altus EMEA advisory team, providing support to the valuation review process of commercial real estate portfolios located across EMEA, as well as assisting in the preparation of client deliverables. Our advisory team offers great experience and exposure to international clients across the real estate and financial services industries, including major banks, pension funds, insurance companies and real estate funds. One of your primary roles will be to carry out initial reviews of quarterly valuation reports and models for accuracy and reasonableness. The valuation models will usually be presented in either ARGUS or Excel software.,

  • Track changes between quarterly valuations and aiding in researching and understanding inconsistencies and discrepancies in valuation reports.
  • Assist in the valuation management process for clients such as major banks, pension funds, insurance companies and Real Estate funds.
  • Carry out market research to gather sales/letting transactions to assist the team with review work.
  • Ensure that appropriate folders are created to store all documents/files for the specific mandate(s).
  • Assist in the reconciliation of Tenancy Schedules; Capex and Opex Budgets; and Rent Rolls as well as other asset-specific materials.
  • Undertake internal training sessions to develop a greater understanding of valuation review processes, the standard valuation methods applied and key fundamentals of the real estate industry to calculate industry key ratios., Rewarding performance: We are pleased to be able to provide employees competitive compensation, incentive and bonus plans, and a total rewards package that prioritizes their mental, physical and overall financial health.
  • Growth and development: As a destination for top industry talent, we're investing in you to meet the evolving needs of our clients and deliver on your professional goals. Our Altus Intelligence Academy offers over 150,000 hours of learning materials catering to diverse stages of an employee's career journey.
  • Flexible work model: We're modernizing our employee programs to reflect the new world of work. Our Activity-Based Work model provides you with flexibility to align your work location to the work being performed - office for connecting and collaborating, and remote for focused work.

    Completed or currently undertaking a degree in economics, real estate, finance or related in 3rd level education.
  • Strong financial modelling skills in order to model and analyse complex assets in ARGUS and MS-Excel.
  • Appraisal experience or prior exposure in appraisal is a plus.
  • Proficient in Excel (Pivot tables, VLOOKUP, modelling, macro, etc.).
  • An understanding of the concepts of Present Value and Future Value, knowledge of real estate valuation techniques is a plus.
  • Willingness to support teammates in tackling the group's workload.
  • Languages: Fluency in English required. Additional European languages are an advantage.

    If you're looking to advance your career in data analytics, expertise, and technology for the rapidly growing global CRE market, there's no better place than Altus Group. At Altus, our work is purposeful. Every day, our employees drive impact, innovate, and shape the global commercial real estate (CRE) and PropTech industry.
  • Our people-centric culture empowers you to deliver in a high trust, high performance culture, surrounded by an inclusive team that's collaborating to modernize our industry. We invest in our people with training and growth opportunities designed to propel you further in your career while providing a flexible and progressive workplace that reflects our values and teams.

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