Development Manager

vor 1 Woche

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

About a&o Hotel and Hostels

a&o Hotel and Hostels is a leading hospitality company with a strong presence in Europe. We are committed to providing exceptional experiences for our guests and creating value for our stakeholders.

Job Summary

We are seeking a highly skilled Development Manager - Real Estate Acquisition to join our Business Development Team. The successful candidate will be responsible for leading the acquisition of suitable properties in the DACH region, providing analytical support during real estate transactions, and assisting with market and financial analysis.

Key Responsibilities

  • Lead the acquisition of suitable properties in the DACH region, working closely with the Business Development Team and external partners.
  • Provide analytical support during real estate transactions, including financial analysis, underwriting, and due diligence.
  • Assist with market and financial analysis during acquisition, lease opportunity, and financing processes.
  • Create and update financial models for acquisitions and lease opportunities, working closely with the Development Managers.
  • Prepare investment memorandums and information packages for the internal investment committee, board of directors, and financial institutions.
  • Analyze operational data of existing hostel properties for performance benchmarking and underwriting purposes.
  • Support the Head of Development throughout transactions, including LOIs, structuring, review, and negotiation of transactional documents.
  • Analyze potential development and capital project proposals to ensure they contribute to operating performance and meet investment return criteria.

Requirements

  • Strong understanding of real estate acquisition and its dynamics, with a strong interest in the hospitality sector.
  • 3-4 years of experience in an analytical, investment, or real estate development role.
  • Excellent research and analytical skills, with the ability to work independently or as part of a team.
  • Good understanding of profit and loss statements, balance sheets, and cash-flow statements.
  • Strong written and oral skills in English and German, with the ability to communicate complex ideas effectively.
  • Professional attitude, with credibility and appropriate verbal and non-verbal behavior when interacting with clients and colleagues.
  • Strong skills in using MS Office, including MS Excel and PowerPoint, and financial modeling.

What We Offer

  • 75% discount on private overnight stays in all a&o hostels.
  • Attractive corporate benefits, including discounted leisure activities and events.
  • Subsidized language courses.
  • Subsidized company pension scheme.
  • 100% coverage of public transport costs.
  • Support for further education, including various training programs.
  • Mental health coaching and support.
  • Drinks, fruit, and vegetables provided daily.
  • Seniority bonuses in the form of cash bonuses and additional vacation days.
  • Room for implementing own ideas.
  • Short decision-making processes and open communication.

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