Introduction 

Real estate private equity (REPE) is a type of private equity that invests in real estate assets. REPE firms typically raise capital from institutional investors, such as pension funds and sovereign wealth funds, and then use that capital to acquire and manage real estate assets. REPE firms can invest in a variety of real estate assets, including office buildings, apartments, retail centres, and industrial properties. 

REPE firms play a vital role in the real estate market. They provide capital to developers and owners, and they help to improve the efficiency of the market by aggregating assets and managing them professionally. REPE firms also generate attractive returns for their investors, which makes them a popular investment option. 

Types of Work in REPE 

People working in REPE typically have a background in real estate and/or finance. They may have worked as investment bankers, real estate analysts, or real estate brokers. 

At the analyst level, REPE professionals typically work on tasks such as financial modelling, market research, and due diligence. They may also help to prepare presentations and marketing materials. 

At the associate level, REPE professionals typically take on more responsibility. They may lead their own projects, such as the acquisition or disposition of a real estate asset. They may also work on developing and implementing investment strategies. 

At the vice president and director level, REPE professionals typically have a significant amount of experience and expertise. They may lead their own team of analysts and associates, or they may be responsible for overseeing a specific investment strategy or geographic region. 

Recruitment Process 

The recruitment process for REPE varies depending on the level of the position. For analyst and associate positions, the process typically begins with a resume and cover letter screening. If the candidate is selected, they will then have a phone interview with a recruiter or member of the hiring team. If the phone interview is successful, the candidate will then be invited for an in-person interview. 

In-person interviews for REPE analyst and associate positions typically involve a mix of behavioural and technical questions. Behavioural questions are designed to assess the candidate's fit for the company culture and their soft skills, such as communication and teamwork. Technical questions are designed to assess the candidate's knowledge of real estate and finance. 

For vice president and director positions, the recruitment process is typically more complex and may involve multiple rounds of interviews. Candidates may also be asked to give presentations and/or complete case studies. 

Conclusion 

REPE is a growing and dynamic sector, and there is a strong demand for talented professionals. If you are interested in a career in REPE, it is important to have a strong understanding of real estate and finance. You should also be able to demonstrate strong analytical and problem-solving skills. 

Here are some tips for increasing your chances of success in the REPE recruitment process: 

To find out how Circle Square can help you find your next Real Estate Private Equity role please contact us 02074920700.