Associate - PJT Park Hill (Project Management RE) - Job Opportunity at PJT Partners

London, GB
Full-time
Mid-level
Posted: July 12, 2025
On-site
£80,000 - £120,000 base salary plus significant performance-based bonuses, potentially reaching £150,000 - £200,000 total compensation. London-based real estate investment banking roles at this level typically command premium compensation due to the specialized nature of the work and the high-value transactions involved.

Benefits

Equal opportunity employment ensuring fair treatment and diverse workplace representation
Comprehensive legal compliance support including reasonable accommodation for disabilities
Global platform exposure providing access to international clients and markets
Professional development through work with senior professionals and diverse client base
Inclusive culture fostering different perspectives and collaborative environment

Key Responsibilities

Drive business development initiatives across European real estate markets by identifying and securing high-value clients for commingled funds, joint ventures, and portfolio recapitalizations
Provide strategic advisory services to clients on optimal deal structuring and capital raising strategies to maximize transaction success
Lead comprehensive due diligence processes and underwriting assessments for potential mandates, directly impacting revenue generation
Orchestrate end-to-end project management of complex fundraising processes, coordinating multiple stakeholders and ensuring timely execution
Develop sophisticated marketing materials, valuation models, and financial analyses that drive investment decisions
Serve as subject matter expert supporting distribution teams in client presentations and investor relations activities
Manage critical investor relationships and roadshow coordination to optimize capital raising outcomes

Requirements

Education

Masters / Degree in Real Estate / Finance / Business Administration

Experience

Senior Analyst to Senior Associate level equivalent with experience in real estate within a real estate private equity fund, institutional investor, investment consultant and / or investment bank

Required Skills

Excellent interpersonal and communication skills, both written and verbal Highly proficient in building and operating asset and vehicle valuation models Personal and professional integrity Client service mentality Ability to work in a fast paced, dynamic environment and to handle multiple projects at a time Able to function independently and provide guidance to global project-specific teams of Analysts and Associates Fluency in English is required, additional European languages are beneficial
Advertisement
Ad Space

Sauge AI Market Intelligence

Industry Trends

Real estate private capital markets are experiencing increased institutionalization with sophisticated investors demanding more specialized advisory services and customized capital solutions. This trend is driving demand for professionals who can navigate complex fundraising environments and provide strategic guidance on portfolio optimization and recapitalization strategies. European real estate markets are seeing growing cross-border investment activity, particularly in alternative real estate sectors and ESG-focused strategies. This creates opportunities for advisory professionals who can facilitate international capital flows and understand diverse regulatory environments across European jurisdictions. The rise of programmatic joint ventures and investment clubs is reshaping how real estate capital is deployed, requiring advisors who can structure innovative partnership arrangements and manage complex stakeholder relationships across multiple investment vehicles simultaneously.

Role Significance

Typically manages 2-4 analysts and associates across multiple concurrent projects, while reporting to Managing Directors and Senior Vice Presidents. The role involves coordinating with legal, compliance, and distribution teams, often leading cross-functional project teams of 6-10 professionals on major mandates.
This mid-level position represents a crucial bridge between senior management and junior staff, with significant client-facing responsibilities and independent decision-making authority. The role combines strategic thinking with hands-on execution, positioning the incumbent as a key revenue generator and relationship manager within the European real estate practice.

Key Projects

Managing €500 million+ real estate fund raises for European private equity sponsors Structuring complex joint venture arrangements between institutional investors and operating partners Leading portfolio recapitalization transactions involving multiple assets across European markets Coordinating cross-border investment mandates requiring regulatory compliance in multiple jurisdictions

Success Factors

Deep understanding of European real estate markets and regulatory environments, enabling effective client advisory and deal structuring across diverse jurisdictions and property sectors Strong project management capabilities with ability to coordinate complex, multi-stakeholder transactions while maintaining quality standards and meeting tight deadlines in high-pressure environments Exceptional communication and relationship management skills necessary for building trust with institutional investors, fund managers, and senior executives throughout the fundraising process Technical proficiency in financial modeling and valuation methodologies specific to real estate assets, enabling accurate deal pricing and risk assessment Cultural awareness and language skills facilitating effective communication with diverse European client base and international investor community

Market Demand

High demand driven by increasing complexity of real estate capital markets and the need for specialized expertise in European markets. The combination of fundraising, project management, and client relationship skills required for this role is relatively scarce, creating strong job security and advancement opportunities.

Important Skills

Critical Skills

Financial modeling and valuation expertise is absolutely essential as this role requires building complex models for real estate assets and investment vehicles, directly impacting deal pricing and investor decision-making. The ability to create accurate, sophisticated models distinguishes top performers and builds client confidence in advisory capabilities. Project management skills are crucial given the complexity of real estate fundraising processes, which involve coordinating multiple stakeholders, managing extensive due diligence processes, and ensuring compliance with various regulatory requirements across European jurisdictions. Strong organizational abilities directly impact deal success rates and client satisfaction. Communication and relationship management capabilities are fundamental to success in this client-facing role, where building trust with institutional investors and maintaining relationships with fund managers is essential for business development and deal execution. The ability to articulate complex investment strategies and market dynamics is critical for credibility and deal flow generation.

Beneficial Skills

Additional European language proficiency beyond English significantly enhances client relationship capabilities and deal origination opportunities, particularly in German, French, or Italian markets where local language skills can provide competitive advantages Technology proficiency in CRM systems and data analytics tools is increasingly valuable as the industry becomes more data-driven and client relationship management becomes more sophisticated ESG and sustainability expertise is becoming increasingly important as institutional investors place greater emphasis on environmental and social impact considerations in real estate investment decisions

Unique Aspects

Opportunity to work exclusively within the real estate sector, developing deep specialization in one of the fastest-growing areas of alternative investments
Access to PJT Partners' extensive network of institutional relationships and corporate clients, providing unique deal flow and business development opportunities
Involvement in innovative capital solutions and structured transactions that are reshaping the European real estate investment landscape
Direct collaboration with senior industry professionals and opportunity to build relationships with leading real estate fund managers and institutional investors

Career Growth

Progression to VP level typically occurs within 24-36 months for high performers, with Managing Director roles achievable within 6-8 years. The specialized nature of real estate advisory work and PJT Partners' growth trajectory create accelerated advancement opportunities compared to traditional investment banking paths.

Potential Next Roles

Vice President - Real Estate Capital Markets within 2-3 years, taking on larger client relationships and deal leadership responsibilities Senior Vice President - Real Estate Advisory within 4-5 years, managing regional practice areas and developing new business initiatives Managing Director - Real Estate Investment Banking within 6-8 years, with full P&L responsibility for geographic or sector-specific business lines

Company Overview

PJT Partners

PJT Partners is a prestigious, advisory-focused investment bank founded in 2015 by former senior executives from major Wall Street firms. The company has established itself as a leading independent advisory firm serving corporations, financial sponsors, and institutional investors globally, with particular strength in strategic advisory, restructuring, and private fund advisory services through its PJT Park Hill division.

PJT Partners ranks among the top-tier boutique investment banks globally, competing directly with firms like Evercore, Centerview Partners, and Lazard. The firm's Park Hill division is recognized as one of the leading alternative asset fundraising platforms, having advised on over $500 billion of placement activity since inception, positioning it as a market leader in private fund advisory services.
The London office serves as PJT Partners' primary European hub, providing comprehensive coverage of European real estate markets and facilitating cross-border transactions. This strategic location offers access to major European institutional investors, sovereign wealth funds, and real estate managers, making it a critical component of the firm's global platform.
PJT Partners emphasizes a collaborative, entrepreneurial culture that values diverse perspectives and promotes rapid professional development. The firm's relatively flat organizational structure and focus on advisory services creates opportunities for junior professionals to gain significant client exposure and transaction responsibility earlier in their careers compared to larger, more hierarchical investment banks.
Advertisement
Ad Space
Apply Now

Data Sources & Analysis Information

Job Listings Data

The job listings displayed on this platform are sourced through BrightData's comprehensive API, ensuring up-to-date and accurate job market information.

Sauge AI Market Intelligence

Our advanced AI system analyzes each job listing to provide valuable insights including:

  • Industry trends and market dynamics
  • Salary estimates and market demand analysis
  • Role significance and career growth potential
  • Critical success factors and key skills
  • Unique aspects of each position

This integration of reliable job data with AI-powered analysis helps provide you with comprehensive insights for making informed career decisions.