Development Manager

vor 1 Woche


Berlin, Berlin, Deutschland a&o Hotel and Hostels Vollzeit

As Europe's largest hostel chain, a&o is a big, diverse company that always has a smile on its face. We are on a mission to make travel accessible to everyone by offering low prices and ensuring continuous growth. By 2025, we aim to become CO2-neutral.

About the Job Title and Company:

To support our Business Development Team, we are looking for you - a Development Manager / Real Estate Associate (m/f/x). If you are looking to grow your career in a fast-paced environment with a flat team structure, this role offers a rare opportunity to work on real estate investment in the hospitality industry.

YOUR JOB

  • You will lead the acquisition of suitable properties primarily in the DACH region.
  • You will provide analytical support during real estate transactions, including financial analysis and underwriting processes.
  • You will assist with market and financial analysis for acquisitions, lease opportunities, and financing processes.
  • You will create and update financial models for acquisitions and lease opportunities.
  • You will prepare investment memorandums and information packages for internal committees, boards, and financial institutions.
  • You will analyze operational data of existing hostel properties for performance benchmarking and underwriting purposes.
  • You will support the Head of Development throughout transactions.
  • You will analyze potential development and capital project proposals to ensure operational performance and meet investment return criteria.

YOUR PROFILE

  • You have a strong understanding of real estate acquisition and a keen interest in the hospitality sector.
  • You have 3-4 years of experience in an analytical or real estate development role.
  • You possess strong research and analytical skills.
  • You have a good understanding of financial statements and can work independently or as part of a team.
  • You have excellent organizational skills and attention to detail.
  • You have strong written and verbal skills in English and German.
  • You have a professional attitude and are proficient in MS Office and financial modeling.

OUR OFFER

  • Staff members stay for 1 Euro in all a&o hostels.
  • Attractive corporate benefits such as discounted leisure activities and events.
  • Subsidized language courses.
  • Subsidized company pension scheme.
  • 100% coverage of your public transport costs (job ticket).
  • Support for your further education through various trainings.
  • Mental Health: Free and anonymous mental health coaching from "Likeminded" to support you with professional and health-related challenges.
  • Providing daily drinks, fruit, and vegetables.
  • Seniority bonuses in the form of cash bonuses and additional vacation days.
  • Room for implementing your ideas.
  • Short decision-making processes and open communication.

If you find this opportunity appealing, we would be delighted to receive your application (resume and cover letter in English, desired salary, and earliest possible starting date). Please submit your application online.

Simon Lee
Head of Development


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