Real Estate Portfolio Modelling and Analytics - Associate

About this role

Black Rock Real Assets EMEA Real Estate Equity

Associate Real Estate Portfolio Modelling and Analytics London Real Estate

Location:

London, United Kingdom

Black Rock Real Estate is the dedicated real estate investment group within Black Rock Inc. and its subsidiaries (“Black Rock Real Estate”) investing in strategies across the risk / return spectrum, providing access to all major property types. As at Q2 2025 , Black Rock Real Estate manage $[26.5] billion of private real estate equity on behalf of investors worldwide. Operating as a globally integrated platform, the group’s extensive on-the-ground presence includes over 230 professionals in 16 offices across 10 countries in Asia Pacific, Europe and the US and over 30 years of strong client service with a focus on meeting portfolio requirements.

Investment structures include commingled funds, co-investments, joint ventures and customized separate accounts. For additional information, please visit Black Rock’s website at

The EMEA Real Estate team comprises 70 investment professionals located in 6 offices across the region providing a uniquely local real estate team, within a global asset manager. The team is headquartered in London and supported by numerous dedicated business partners including Legal, Compliance, Tax, Finance, Operations, Sustainability and Product Strategy & Research.

The Portfolio Modelling and Analytics Associate will support end-to-end financial analysis and decision-making across diversified real estate portfolios. You will build detailed models for acquisitions, developments and disposal strategies, produce forward-looking business plan analysis, underwrite fund strategy to optimise returns and support ongoing business development.

This role demands strong commercial acumen, rigorous attention to detail and the ability to synthesise market insight and data into clear, actionable recommendations.

Responsibilities cover financial modelling, fund analytics, and assisting with fund strategy & implementation and the ability to leverage AI to make a positive impact. You will work independently and cross-functionally, collaborating with internal teams while staying informed on market trends and cycles.

• Develop cash flow models and conduct quantitative and qualitative analysis for forecasting returns across investment, development and regeneration projects
• Prepare and maintain investment models ensuring accuracy (including leveraged vehicles), monitor investment outcomes, support project reviews, and conduct hold/sell analysis
• Create and monitor multi-phase development appraisals, research key market data to support underwriting assumptions
• Leverage AI and machine learning to deliver efficiency gains and new insights.

• Build, manage, and interpret the results of dynamic quantitative models that analyse the performance of commercial real estate portfolios
• Assist in the preparation of performance data submissions requested by clients, external benchmarking, indices and consulting organizations
• Provide detailed Performance Analysis to provide insights and assist with portfolio optimisation
• Support the Portfolio Management group in creating annual business plans, including leasing, capex, operating budgets and cash distribution
• Analyse and interpret the performance of relevant benchmarks and competitors
• Input into presentations and memos for Investment Committee reviews

• Support business initiatives and projects, client information requests and data requests for fund-raising campaigns
• Oversee existing service providers to ensure effective management.

• Bachelor’s degree minimum.
• Professional qualifications such as MRICS, CFA, or CAIA highly desirable

• 3–5 years of experience in investment analysis, real estate, property development finance, or related roles.
• Exposure to real estate fund financial planning is essential
• Strong understanding of real estate markets, valuation methodologies, cashflow modelling, and deal structuring required.