
Vice President, Investment Management, Sydney Real Estate
Locations: Sydney, Australia
Overview of Investment Professional roles
Our investment professionals thrive in a culture that pushes them to question the status quo, overdeliver for clients, and work together to shape the future of the industry. At BlackRock, you’ll forge meaningful relationships within your team and across the firm – expanding your network as you tackle complex challenges with a collaborative approach, integrated research and risk management. In an environment that feels welcoming and inclusive, you’ll discover opportunities to hone your skills, develop new expertise, gain mentorship, and build the investment career you envision.
Job description
About this role
About BlackRock Real Estate:
BlackRock Real Estate is the dedicated real estate investment group within BlackRock Inc. and its subsidiaries (“BlackRock Real Estate”) investing in strategies across the risk / return spectrum, providing access to all major property types. As at Q2 2024, BlackRock Real Estate manage$26.5 billionof 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 BlackRock’s website at www.blackrock.com
The APAC Real Estate business currently manages AUM of US$7.5bn, mainly through its flagship regional value-add funds. The business has a team of 30 investment professionals in five offices managing c.100 properties in Australia, New Zealand, Japan, Singapore and China. The team has a deep track record, is close knit and arepassionate value add private equity real estate investors. This is an entrepreneurial and deeply local team within a global platform.
Role Description
The Vice President role is a senior role within the Australasia team, focused on cradle to grave value add real estate investment activities across a variety of sectors including last mile logistics, self-storage, childcare, and life sciences. The investment team is sector agnostic and will pursue the best available risk adjusted returns in the market for our clients. Investments can be structured in various ways, including through single assets, diversified portfolios, joint ventures, or investment platforms. Experience in all of these would bebeneficial.
The role will involve a high level of operational independence and a demonstrated track record in value-add real estate investing, namely leading large portfolio and platform strategies through the acquisition, delivery and disposal phase. There will be extensive requirements to manage complex portfolios to deliver client outcomes and work with a variety of stakeholders including joint venture partners and platform companies.
This role will lead one or several high conviction strategies in the region which manages large portfolios of complex assets across sectors. The VP will be responsible and accountable for end-to-end investment performance, reporting directly into and supported by the Head of Real Estate, Australasia. The applicant should be ready to transition quickly and efficiently into the role with limited oversight / guidance.
Key Responsibilities:
Acquisitions and disposals:
Be responsible and accountable for the investments within the relevant strategy including new single asset, portfolio and platform deals
Generate investment strategies and continually assess these with a focus on risk adjusted returns and performance for the relevant strategy
Run and develop cash flow models and conduct quantitative and qualitative analysis for potential acquisitions.
Lead preparation of memos and presentations for investment committee reviews in conjunction with other team members
Coordinate due diligence processes with external and internal teams.
Track acquisitions, dispositions, and assist with the closing process.
Investment modelling, monitoring and reporting:
Ownership of investment models ensuring accuracy and utilizing this to drive performance, risk management and exit optionality.
Responsible and accountable for investment outcomes, project reviews, and hold/sell analysis.
Asset Management:
Implementation and development of annual budget plans, including leasing, Capex, operating budgets and cash distribution.
Financing, hedging and capital-related decision making with regard to the relevant strategies. Conducting clear analysis and forming views for recommendation to the portfolio management team
Lead investment strategies and take strong ownership of outcomes and performance
Oversee existing service providers to ensure effective management.
Research key market data to support underwriting assumptions.
Work closely with joint venture partners as strategy lead to deliver on ambitious investment performance targets
Business development:
Be a senior leader who contributes meaningfully to business initiatives and projects, client information requests and data requests for fund-raising campaigns.
Deliver best in class results, analysis and general outputs to support business development.
Market:
Represent BlackRock in the market as a reputable player of the highest integrity consistent with the Firm’s values
Be a passionate student of the private equity real estate market, ensuring deep market understanding, knowledge, and participation.
Be a best in class, market leading operator who questions market norms and has their own clearly informed views on strategic investment opportunities
Skills /Experience
Ideally 6-10 years of direct real estate investment management experience at a top tier private equity real estate fund manager or similar.
Demonstrated investment track record in private equity value addreal estate investing highly preferred.
Strong financial and commercial acumen backed by robust modelling skills
Team player with good people management skills
Technical Skills: extremely strong proficiencyin Excel, Word, PowerPoint; strong quantitative capabilities, strategic thinking and critical decision making necessary.
Soft Skills: Strong written and verbal communication; detail oriented. Ability to make clear decisions in high pressure environments and background leading projects, investments or teams will be valued.
Qualities
Initiative-taking, effective workload manager and reliable collaborator. Able to work in a fast-paced, hard-working environment.Highly ambitious with the highest level of technical skills foundation.
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.
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BlackRock Principles
We look to hire people that will embody our BlackRock Principles:
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We are a fiduciary to our clients.
This is the bedrock of our identity; it reflects our integrity and the unbiased advice we give our clients.
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We are One BlackRock.
We work collaboratively to create the best outcomes for our clients, our firm and the communities where we operate.
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We are passionate about performance.
We are relentless in innovating and finding better ways to serve our clients and improve our firm.
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We take emotional ownership.
We have a deep sense of responsibility to our clients and to each other.
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We are committed to a better future.
We are long-term thinkers, focused on helping people build a better tomorrow.

Career path
Our people drive our business forward every day. That's why we're committed to helping you build an extraordinary career at the firm. In addition to supporting your vertical growth along corporate titles, we’ll help you expand your horizons across the firm – with opportunities to collaborate with unexpected colleagues, take on unique assignments outside of your regular business, and even move internally within BlackRock.
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Analyst
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Associate
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Vice President
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Director
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Managing Director
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Senior Managing Director
Benefits
We care about your overall well-being and design our benefits package to support you in various aspects of your life.
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Financial well-being
We offer resources designed to help you build a sound financial future for you and your family, like retirement savings plans and tuition reimbursement.
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Pay for performance
Our pay-for-performance philosophy includes a base salary and a discretionary annual bonus.
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Physical well-being
Our healthcare plans and resources help you focus on your physical health, so you and your family can feel your best.
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Emotional well-being
We support our people's mental health and emotional well-being by providing access to an Employee Assistance Program and a network of Mental Health Ambassadors.
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Life management
You'll be able to focus on moments that are important to you with benefits designed to support life in and outside of work with Flexible Time Off, parental leave and more.
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