Investment Associate - Direct Delivery

Job Title:  Investment Associate – Direct Delivery

Location: Dublin

Job Type: Permanent Full-Time

Reports to: Investment Manager

ABOUT THE LAND DEVELOPMENT AGENCY

The Land Development Agency (LDA) is the State’s affordable housing delivery body.  Its main role is to acquire and develop State and other land to deliver affordable homes, supporting the creation of thriving communities and delivering ongoing positive social impact. It is overseen by an independent Board of Directors and has total capitalisation of up to €8.75bn. To date €6.25 billion of equity capital has been committed by Government and a further €2.5bn capitalisation is permitted under legislation from other sources/debt. 

The LDA is active on more than 20 State Land sites and has a delivery pipeline in excess of 25,000 homes.  The Agency also works in partnership with the country’s largest and most experienced homebuilders and will deliver a further 8,000 homes under its Project Tosaigh initiative.  
 
Additionally, the LDA is working on large-scale longer-term strategic areas by master-planning and bringing forward planning applications in locations such as Limerick Colbert Quarter, the Digital Hub in Dublin and Sandy Road in Galway. 

Key Objectives:

The Investment Associate will work within the LDA’s investment function, whose responsibilities include the development and implementation of the agency’s delivery and funding strategies for the direct delivery projects.

The core of the role is to critically consider residential development opportunities and to coordinate and provide clear, consistent investment commentary to support decision making regarding opportunities under consideration. They will play a key role in the financial assessment and evaluation of project delivery strategies at various lifecycle stages and will be responsible for the preparation and submission of internal recommendations to the appropriate delegated authority.

The role requires a strong understanding of the residential investment / development sector, strong numeracy and MS Excel abilities along with the ability to prepare clear and accurate papers to facilitate decision making and support recommendations.

Reporting to the Senior Investment Manager, this is a hands-on role that offers significant responsibility and opportunities for the right candidate to advance their career and support the LDA’s delivery ambitions in the delivery of residential housing.

Key Responsibilities: 

• Assessing residential development opportunities from a viability perspective and presenting scenarios to colleagues


• Coordinating the collation and verification of relevant data inputs to facilitate investment analysis including market backdrop, rental values, asset values and build costs


• Demonstrate a clear understanding and critically consider the key viability drivers in a residential development including costs, values and demographics


• Comfortable discussing build cost inputs and understanding the influencing factors


• Running financial models and prepare investment analysis / commentary to facilitate discussion with colleagues


• Preparing investment commentary for inclusion in committee papers for the appropriate internal delegated authority


• Maintain a projects database that reflects key decisions / milestones including exit options


• Form close relationship with internal development management, asset management, planning and design teams to ensure best outcomes for scheme viability and deliverability


• Support colleagues across internal functions (ie Property & Strategic Planning) in assessing viability and assisting in early stage optioneering


• Other ad hoc duties as may be required to support the LDA in advancing projects and initiatives

Knowledge & Experience:

• The ideal candidate will have 4+ years relevant real estate experience (investment, development or valuation), corporate finance or similar


• Relevant Third Level or professional qualification (or working towards) – SCSI / accountant / CFA qualified are highly desirable


• Advanced excel and financial modelling skills


• Understanding of the State’s social and affordable housing initiatives including STAR, Croi Conaithe


• Ability to prepare accurate and concise investment reports to support recommendations to IC / Board


• Demonstrable ability to connect with people regarding investment and commercial considerations


• Motivated with experience of working to tight deadlines

Desired Criteria & Competency Profile:

• Experience within the real estate investment / development industry would be a distinct advantage


• Strong MS Excel and modelling skills  


• Accurate and detail oriented with ability to provide quality output whilst meeting timetables


• Ability to manage a diverse workload and comfortable in a changing and expanding team


• Ability to prioritise tasks in hand

• Task and solution orientated


• Ability to provide clear support to management in evaluating opportunities


• Foster strong working relationships with colleagues across the investment, property development and asset management teams

• Self -motivated and focused


• Strong written and verbal communication skills

To Apply:

Closing date for applications is 5PM on Friday, 3rd of April 2026.

 The Land Development Agency is an equal opportunities employer.