Real Estate Summer Analyst

We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.

Step Stone Real Estate (SRE) boasts extensive knowledge and experience with $178B+ in AUA and $20B+ in AUM as of December 31 2025. SRE leverages the strengths of our investment and advisory teams, drawing on our deep market research and investment analysis to create compelling opportunities and tailored portfolios of fund investments, secondaries, and co‑investments for institutional investors worldwide.

The Investment Team invests discretionary capital through our flagship GP‑led secondaries fund, SREP, and several separately managed accounts (SMAs). The advisory team offers a full suite of capabilities to serve institutional investors seeking access to the private real estate markets on scale through committing to funds.

As a Real Estate Intern, you will join Step Stone’s Real Estate Team in London and gain exposure to the dynamic world of private real estate investing. This internship is designed to provide a comprehensive learning experience, offering insight into market trends, investment strategies, and client advisory processes. You’ll work alongside experienced professionals in a collaborative environment that emphasizes mentorship and professional development.

As a Real Estate Intern, you will contribute to projects that impact our investment and advisory processes. You’ll collaborate with team members, participate in due diligence, and develop insights that shape real estate strategies across global markets.

• Assist in underwriting and assessing prospective fund managers for advisory mandates
• Support evaluation of potential investments and asset management of the existing real estate portfolio
• Perform market research using public sources and proprietary databases to identify and analyze macroeconomic trends
• Prepare for and participate in meetings with fund managers and contribute to active investment and advisory due diligence
• Create and present materials for internal discussions, including Investment Committee meetings
• Communicate positions clearly in both written and verbal formats within a collaborative team environment

• Must be able to work legally in the UK without requiring visa sponsorship now or in the future
• Must be able to work full‑time for 3–4 months in our London office and be able to start in May or June 2026
• Currently enrolled in university and graduating anywhere from December 2026 through June 2027 with a BA/BS or MSc, preferably in Real Estate
• Strong proficiency in Microsoft Word, PowerPoint and Excel
• Excellent written and verbal communication skills
• Demonstrable analytical capabilities, including strong quantitative/modeling skills
• Collaborative mindset with a proactive and team‑oriented approach
• Enthusiastic interest in Real Estate

At Step Stone, we foster a supportive and inclusive team culture where collaboration and learning are the core of what we do. Our collegial atmosphere encourages teamwork, mentorship, and professional development. This internship is a great opportunity to gain practical experience and develop critical skills that will help you launch a successful career in private equity real estate.

At Step Stone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.

As an Equal Opportunity Employer, Step Stone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

Candidates must be at least 18 years old to apply.

Developing People at Step Stone