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Development Manager

vor 1 Monat


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

a&o Hotel and Hostels is Europe's largest hostel chain, offering a unique blend of affordability and hospitality. Our mission is to make travel accessible to everyone, and we're committed to being CO2-neutral by 2025.

Job Title: Development Manager

We're seeking a highly skilled Development Manager to join our Business Development Team. As a key member of our team, you'll 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
  • Provide analytical support during real estate transactions, including financial analysis and underwriting
  • Assist with market and financial analysis during acquisition, lease opportunity, and financing processes
  • Create and update financial models for acquisitions and lease opportunities
  • 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 benchmark 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:
  • 3-4 years of experience in an analytical, investment, or real estate development role
  • Strong research and analytical skills
  • Good understanding of profit and loss statements, balance sheets, and cash-flow statements
  • Ability to work independently or as part of a team
  • Strong written and oral skills in English and German, with other European languages an advantage
  • Proficiency in MS Office, including MS Excel and PowerPoint
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 and training
  • Mental health coaching and support
  • Drinks, fruit, and vegetables provided daily
  • Seniority bonuses in the form of cash bonuses and additional vacation days
How to Apply:

If you're a motivated and experienced professional looking for a new challenge, please submit your application, including your resume and cover letter in English, desired salary, and earliest possible starting date.