JLL Hiring for Associate, Acquisitions Job at Sydney Full Time

About JLL –

We’re JLL—a leading professional services and investment management firm specializing in real estate. We have operations in over 80 countries and a workforce of over 91,000 individuals around the world who help real estate owners, occupiers and investors achieve their business ambitions. As a global Fortune 500 company, we also have an inherent responsibility to drive sustainability and corporate social responsibility. That’s why we’re committed to our purpose to shape the future of real estate for a better world. We’re using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities.

Our core values of teamwork, ethics and excellence are also fundamental to everything we do and we’re honored to be recognized with awards for our success by organizations both globally and locally.

Creating a diverse and inclusive culture where we all feel welcomed, valued and empowered to achieve our full potential is important to who we are today and where we’re headed in the future. And we know that unique backgrounds, experiences and perspectives help us think bigger, spark innovation and succeed together.

If this job description resonates with you, we encourage you to apply even if you don’t meet all of the requirements below. We’re interested in getting to know you and what you bring to the table!

LaSalle Investment Management is one of the world’s leading real estate investment managers. With presence in 16 countries worldwide, we manage approximately $73 billion (as of H1 2021) of private and public property equity investments. Our diverse client base includes public and private pension funds, insurance companies, governments, endowments and private individuals from across the globe.

Unlike many investment management firms, we invest only in real estate and therefore have a unique focus and depth of expertise in the sector. Our primary objective is to deliver competitive performance while striving to achieve the highest levels of client service.

POSITION GOAL: Supporting the sourcing, structuring, negotiation and due diligence including research and investment analysis of real estate acquisitions opportunities to achieve targeted performance criteria.

REPORTING: Based in the Sydney Office, the position reports to Head of Acquisitions, Australia

ROLES & RESPONSIBILITIES:
Cash flow modeling

Build and run cash flow models on acquisition opportunities

Conduct market research and first run of investment underwriting

Ensure cash flow models are accurate, in standard/robust format and reflect realistic assumptions

Support Investment Analyses

Organize and present supporting materials for investment analyses including investment committee memoranda

Responsible for returns calculation, sensitivities and all analytics

Support Due Diligence

Support execution of transaction due diligence including legal, tax, physical and environmental, title/survey.

Responsible for setting up, maintaining and sharing of all transaction files with other functional groups including strategy and research, finance, asset management and development management

Support in obtaining all required management and client approvals for transactions.

Support Closing

Support closing of acquisition

Coordinatation and support to obtain all required internal and client approvals

Coordinate with finance to access funding within required time frame

Coordinate documentation and meetings with transaction counterparties and service providers

Setup, maintain and transition all data files to other functional groups including finance, asset management and development on close

Other

Efficient transfer of acquired properties to asset management

Sourcing of real estate transactions – develop relationships to assist sourcing new acquisition opportunities

Ad hoc projects as needed

EXPERIENCE & REQUIREMENTS

Min 5 years relevant experience with a Bachelor’s degree in property economics, finance, or a related discipline

Real estate, credit analysis and/or accounting experience desirable

Experience with cash flow and development forecasting programs, including Argus Enterprise and Estate Master is highly desirable

A can-do, positive attitude and willingness to work diligently and entrepreneurially tasks on tight time line

Ownership and desire to produce quality and timely work

Analytically inclined, detail oriented and organized with focus on deliverables

Strong verbal and written English and good interpersonal skills

Ability to work independently and within a team environment

Ability to identify, focus and address critical issues

What you can expect from us

We succeed together and believe the best inspire the best, so we invest in supporting each other, learning together and celebrating our success.

Our Total Rewards program reflects our commitment to helping you achieve your career ambitions, recognizing your contributions, investing in your well-being and providing competitive benefits and pay.

We can’t wait to see where your ambitions take you at JLL. Apply today!