Real Estate Internship
PGIM Real Estate | Summer Intern, Japan
About PGIM Real Estate:
As a prominent global real estate manager, PGIM Real Estate is responsible for the management and administration of over $180 billion in gross assets. The company strives to deliver outstanding results for investors and borrowers by offering a comprehensive range of real estate equity and debt solutions across various risk-return profiles. Building on a 50-year legacy of commercial real estate investment and a 140-year history of real estate financing, PGIM Real Estate combines extensive insights, rigorous risk management, and seamless execution. The organization maximizes the expertise of professionals located in 32 cities worldwide.
PGIM places a high priority on the well-being and success of its employees, demonstrating its commitment to their growth and the promotion of innovative ideas through opportunities for professional development.
Responsibilities:
At PGIM Real Estate (Japan) Ltd., interns will contribute to various areas, including transactions, asset management, investment research, and client services.
Learning Objectives:
Transactions:
– Acquire practical experience in underwriting and financial modeling, encompassing cash flow projections.
– Perform market research analysis.
– Provide support in ongoing due diligence and the preparation of materials, such as investment committee memorandums for internal and external stakeholders.
– Assist with ongoing divestment activities.
Asset Management:
– Compile asset cash flow projections utilizing ARGUS and generate internal presentation materials.
– Aid in research for benchmarking exercises and lease negotiations related to existing properties.
– Develop a comprehensive understanding of asset management and its influence on fund performance.
– Enhance software skills used in the real estate industry, including ARGUS and Excel.
Qualifications:
To be eligible for this internship, the applicant must:
– Must be eligible for full-time employment in both Japan and the US, which may involve holding citizenship in both countries or studying in one country while possessing citizenship in the other.
– Proficiency in both written and spoken English at a native level, along with intermediate/advanced proficiency in Japanese (reading, writing, and speaking), or vice versa.
– Currently enrolled as an undergraduate or graduate student.
– Proficiency in Microsoft Excel, PowerPoint, and Word.
– Possess strong cross-cultural communication and interpersonal skills.
Contract Term:
The internship will last between 8 and 18 weeks, commencing on a mutually agreed-upon date between April and early July.
Working Hours:
Standard office hours will be from 9:30 am to 6:30 pm, Monday to Friday.
Location:
The internship will take place at PGIM Real Estate (Japan) Ltd., situated at The Prudential Tower 16F, Nagata-cho, Chiyoda-ku, Tokyo. The nearest stations are Akasaka-Mitsuke Station and Nagata-cho Station.
Timeline:
Applications will be reviewed continuously, and candidates are encouraged to apply promptly. The application window will close on April 30th, 2024, or when all available positions are filled, whichever occurs first.
