Assist with the assets performance and the operating management.
Prepare and complete and review annual business plans and asset management initiatives.
Implement the agreed asset management initiatives, capex programme, and renewal/lease up targets.
Negotiate and execute lease transactions.
Assist in making value add business cases profitable.
Coordinate and support research in all areas of real estate
Instruct, coordinate and supervise external professional teams (property and facility management, lawyers, brokers etc)
Prepare periodic reporting to investors, analysis and explanation of variances.
Assist in data collection of quarterly/annual property valuation process and review them.
Experience in ESG related operational topics
Portfolio Management / Analytics:
Provide forecasting and analytical capabilities at the asset, portfolio and fund level for the Funds
Support the fund and portfolio manager through providing analysis of strategic and tactical property portfolio and fund level investment and management decisions
Assist the local portfolio manager in the underwriting of new investment opportunities or potential dispositions.
Present to Board and Investment committee.
Provide quarterly investment reporting accordingly.
Qualifications & Experience Required
Bachelors or Master's degree.
High proficiency in English and German
Financial, analytical, and modelling skills (experienced user of Excel).
3-5 years' experience in real estate asset management. Experience in logistics sector preferred.
Knowledge and experience in PE/value add environment preferred.
Knowledge and experience of local law concerning general real estate matters.
Understanding of tenant mix, performance, and operations.
Demonstrable interest in ESG investing in Real Estate and its application
Experience of Argus AE software desirable.
Competencies Required
Initiative, hands-on and self‐motivation.
Positive can-do attitude, with the drive and ambition to deliver
Ability to interact effectively with a dispersed and diverse stakeholder group.
Strong communication skills.
Team work
Act in line with Nuveen Real Estate's Company Values
Additional Information
This role requires no regulatory designation.
Nuveen is committed to providing equal opportunity across all employment practices and we believe our employees have a right to a diverse and inclusive workplace.
Nuveen offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.
Nuveen is a global investment leader, managing public and private assets for clients around the world and on behalf of TIAA, our parent company and one of the world's largest institutional investors. We invest in the growth of businesses, real estate, infrastructure and natural capital, providing clients with the reliability, access and foresight unique to our heritage. Our prevailing perspective on the future drives our ambition to innovate and adapt our business to the changing needs of investors - all to pursue lasting performance for our clients, our communities and our global economy. Visit www.nuveen.com to learn more about us.
Overview of the Role
The Associate will join Nuveen's German Real Estate team. Responsibilities will include:
Tiaa · Frankfurt, Germany