Retail Asset Manager

Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes, including fixed income, equities and alternatives. Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides. As a global asset manager, our mission is to work in partnership with our clients to create outcome-focused solutions to help them secure their financial future. For more information about the firm please visit our website at Overview of the Role:The Associate will join Nuveen’s Southern European Retail team. Responsibilities will include providing assistance directly to the Head of Retail Southern Europe in its investment activities as well as assistance in the handling of the operational asset management of the Italian, Spanish and Portuguese retail property portfolio managed by Nuveen Real Estate currently consisting of 5 full price retail properties with an AUM of €1. 3 bn. Key responsibilities:  Asset Management:Assist the Head of Retail of the region who is responsible for the performance and the operating management of the portfolio. Implement the agreed asset management initiatives, capex programme, lease re-gears and renewals. Prepare and complete annual business plans and asset management initiatives. Coordinates and supports research in all areas of real estate, including background research, corporate relationships and the valuation and recommendation of the property. Instruct, coordinate and supervise external professional teams (incl. property managers, asset managers, leasing agents, communication agencies, lawyers, project managers, etc. ). Prepare periodic reporting to investors, analysis and explanation of variances. Assist in data collection of quarterly/annual property valuation process and review them. Collect and ensure the reliability of data that relate to properties under management. Investment:Assist the local portfolio manager in the underwriting of new investment opportunities. Follow the Due Diligence processProvide quarterly investment reportingPresent to Board and Investment committeeKeep abreast of investment opportunities and successfully communicates information to the investment team. Contributes to a pipeline of investment ideas that are in market or coming to market. Qualifications & Experience Required2-3 years experience in real estate asset management. Experience in the logistics sector desirable. Knowledge and experience of local law concerning lease agreement, legal real estate environment and notions in construction/urbanism Understanding of tenant mix, performance, and operationsDemonstrable interest in ESG investing in Real Estate and its application within asset managementFinancial, analytical, and modelling skills (experienced user of Excel)Experience of Argus AE software desirableInitiative and self‐motivationPositive can-do attitude, with the drive and ambition to deliver expectationsAbility to interact effectively with a dispersed and diverse stakeholder groupStrong communication, both written and oralPersuading and influencingTeamworkAct in line with Nuveen Real Estate’s Company ValuesInitiative and self‐motivationPositive can-do attitude, with the drive and ambition to deliver expectationsAbility to interact effectively with a dispersed and diverse stakeholder groupStrong communication, both written and oralPersuading and influencingTeamworkAct in line with Nuveen Real Estate’s Company ValuesHigh proficiency in English and Italian. Additional InformationThis role requires no regulatory designation. Nuveen is committed to providing equal opportunity across all employment practices and we believe our employees have a right to a diverse and inclusive workplace. Nuveen welcomes and encourages application from people with disabilities. Should you require any accommodation during the selection process, please contact us at Related SkillsAdaptability, Asset/Investment Modeling, Business Development, Communication, Due Diligence, Financial Acumen, Financial Risk Management, Investment Management, Investment Performance Reporting, Investment Reporting Oversight, Market/Industry Dynamics, Negotiation, Opportunity Strategy, Real Estate Investments, Underwriting Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes, including fixed income, equities and alternatives. Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides. As a global asset manager, our mission is to work in partnership with our clients to create outcome-focused solutions to help them secure their financial future. For more information about the firm please visit our website at Overview of the Role:The Associate will join Nuveen’s Southern European Retail team. Responsibilities will include providing assistance directly to the Head of Retail Southern Europe in its investment activities as well as assistance in the handling of the operational asset management of the Italian, Spanish and Portuguese retail property portfolio managed by Nuveen Real Estate currently consisting of 5 full price retail properties with an AUM of €1. 3 bn. Key responsibilities:  Asset Management:Assist the Head of Retail of the region who is responsible for the performance and the operating management of the portfolio. Implement the agreed asset management initiatives, capex programme, lease re-gears and renewals. Prepare and complete annual business plans and asset management initiatives. Coordinates and supports research in all areas of real estate, including background research, corporate relationships and the valuation and recommendation of the property. Instruct, coordinate and supervise external professional teams (incl. property managers, asset managers, leasing agents, communication agencies, lawyers, project managers, etc. ). Prepare periodic reporting to investors, analysis and explanation of variances. Assist in data collection of quarterly/annual property valuation process and review them. Collect and ensure the reliability of data that relate to properties under management. Investment:Assist the local portfolio manager in the underwriting of new investment opportunities. Follow the Due Diligence processProvide quarterly investment reportingPresent to Board and Investment committeeKeep abreast of investment opportunities and successfully communicates information to the investment team. Contributes to a pipeline of investment ideas that are in market or coming to market. Qualifications & Experience RequiredUndergraduate degreeRelevant professional qualification(s) desirable (e. g. RICS)2-3 years experience in real estate asset management. Experience in the logistics sector desirable. Knowledge and experience of local law concerning lease agreement, legal real estate environment and notions in construction/urbanism Understanding of tenant mix, performance, and operationsDemonstrable interest in ESG investing in Real Estate and its application within asset managementFinancial, analytical, and modelling skills (experienced user of Excel)Experience of Argus AE software desirableCompetencies RequiredInitiative and self‐motivationPositive can-do attitude, with the drive and ambition to deliver expectationsAbility to interact effectively with a dispersed and diverse stakeholder groupStrong communication, both written and oralPersuading and influencingTeamworkAct in line with Nuveen Real Estate’s Company ValuesInitiative and self‐motivationPositive can-do attitude, with the drive and ambition to deliver expectationsAbility to interact effectively with a dispersed and diverse stakeholder groupStrong communication, both written and oralPersuading and influencingTeamworkAct in line with Nuveen Real Estate’s Company ValuesHigh proficiency in English and Italian. Additional InformationThis role requires no regulatory designation. Nuveen is committed to providing equal opportunity across all employment practices and we believe our employees have a right to a diverse and inclusive workplace. Nuveen welcomes and encourages application from people with disabilities. Should you require any accommodation during the selection process, please contact us at Related SkillsAdaptability, Asset/Investment Modeling, Business Development, Communication, Due Diligence, Financial Acumen, Financial Risk Management, Investment Management, Investment Performance Reporting, Investment Reporting Oversight, Market/Industry Dynamics, Negotiation, Opportunity Strategy, Real Estate Investments, Underwriting _____________________________________________________________________________________________________ Company Overview Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes, including fixed income, listed equities and alternatives. Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides. As a global asset manager, our mission is to work in partnership with our clients to create outcome-focused solutions to help them secure their financial future. For more information about the firm please visit our website at Accessibility Support TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.  If you are a U. S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team: Phone: (800) 842-2755Email: accessibility. . org Privacy Notices For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here. For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here. For Applicants of Nuveen residing in Europe and APAC, please click here. For Applicants of Greenwood residing in Brazil (English), click here. For Applicants of Greenwood residing in Brazil (Portuguese), click here.  For Applicants of Westchester residing in Brazil (English), click here. For Applicants of Westchester residing in Brazil (Portuguese), click here.   About Us TIAA started out over 100 years ago to help ensure teachers could retire with dignity. Today, many people who work at not-for-profits rely on our wide range of financial products and services to support and strengthen their financial well-being. Privacy Notices For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here. For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here. For Applicants of Nuveen residing in Europe and APAC, please click here. For Applicants of Greenwood residing in Brazil (English), click here. For Applicants of Greenwood residing in Brazil (Portuguese), click here.  For Applicants of Westchester residing in Brazil (English), click here. For Applicants of Westchester residing in Brazil (Portuguese), click here.   Nondiscrimination & Equal Opportunity Employment TIAA is committed to providing equal opportunity across all employment practices and we believe our employees have a right to a diverse and inclusive workplace.