Real Estate Research Analyst

Company Description

Legal & General Investment Management (LGIM) is one of Europe's largest asset managers and a major global investor with £1.3 trillion of assets under management. Its subsidiary, LGIM Real Assets, has £36 billion assets under management. This compromises more than £20.5 billion in direct real estate and a further £15 billion in private credit (infrastructure, real estate debt and corporate and alternative debt).

Within real estate its team of over 180 professionals invested in excess of £4 billion into the direct real estate market in 2020 and we are one of the most active UK investors. We invest across the risk/return spectrum, from low-risk liability matching investments up to higher risk / higher return added-value strategies. This has included pioneering deals in the residential build to rent sector, social housing, student accommodation and healthcare as well mainstream commercial property.

Job Description

We are looking to hire a Research Manager to grow US real estate research.

The role will sit with the L&G Asset Management, Private Markets research team and will focus on US real estate.

The London-based research team currently comprises 10 colleagues and includes specialisms in real estate, infrastructure, private credit and fund and performance analysis. The team plays an important role in identifying and implementing strategic objectives for the L&G business and ensuring market and strategic themes are clearly articulated and influential. In addition, the US business also uses an external consultant for some of its research needs with whom this candidate would be expected to liaise.

This person will take an active involvement in project work and presentations; use qualitative and quantitative techniques to interpret data; produce differentiated reports; drive strategic recommendations and liaise with communications teams to ensure the profile of external research is as effective as it can be.

More detailed success measures will include:

• Establish and communicate semi -annual strategic views for the US real estate market for an internal audience
• Originate and author c. four "white papers" per year
• Manage regular business, market, and fund reporting requirements for US real estate
• Grow external profile for the US business via written reports and external presentations and working with communications teams
• Work well with the existing research team adding value to Global Real estate views and other strategic thought projects

Qualifications

• Undergraduate degree in an economic or financial discipline
• 5+ years relevant work experience
• Analytical mind-set, with a high level of numeracy
• Strong Excel, report writing and PowerPoint skills
• Proficient in AI techniques to drive efficiency in workloads
• Practical understanding of real estate investment and occupational markets and their drivers
• Good awareness of the Environmental, Social and Governance context of investing and how this relates to real estate.
• Good communication skills. You must be able to communicate with colleagues and clients of different levels of seniority and with differing professional backgrounds

Additional Information

The starting salary offer will vary based on multiple factors, including but not limited to the applicant's education, job-related experience, skills, and abilities, geographic location, and market factors. This position is also eligible to participate in the company's annual discretionary bonus plan. Full time employees may be eligible for health insurance with an optional HSA, short term disability, long term disability, dental insurance, vision care, life insurance, Healthcare, Dependent and Limited Care Flexible Spending Accounts, 401K, vacation, sick time, an employee assistance program, and commuter and transit programs. Additional voluntary programs include: supplemental health benefits including accidental injury, critical illness and hospital indemnity insurance and pet insurance.

The starting salary offer will vary based on multiple factors, including but not limited to the applicant's education, job-related experience, skills, and abilities, geographic location, and market factors. This position is also eligible to participate in the company's annual discretionary bonus plan. Full time employees may be eligible for health insurance with an optional HSA, short term disability, long term disability, dental insurance, vision care, life insurance, Healthcare, Dependent and Limited Care Flexible Spending Accounts, 401K, vacation, sick time, an employee assistance program, and commuter and transit programs. Additional voluntary programs include: supplemental health benefits including accidental injury, critical illness and hospital indemnity insurance and pet insurance.

EOE Statement

As an EOE employer, L&G Asset Management, America will extend equal opportunity to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity, ancestry, national origin, age, disability, medical condition, genetic information, marital status, pregnancy, military status, and/or any other characteristic protected under applicable federal, state or local laws governing non-discrimination in employment. (2025)