2027 Blackstone Real Estate Partners Summer Analyst – Acquisitions, Asset Management, Capital Markets and Core+ (London)

Blackstone Real Estate Summer Analyst Programme – London

Blackstone is the world’s largest alternative asset manager. The firm seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which it invests. Blackstone’s over $1.3 trillion in assets under management cover real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. For more information, visit www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter) and Instagram.

Programme Description

Blackstone’s Summer Analyst Programme is a 10-week in-person experience offering extensive exposure across the firm. It provides Summer Analysts with mentorship, training in technical and soft skills, networking opportunities across the firm, and a chance to immerse themselves in Blackstone’s culture.

Groups

• Real Estate Acquisitions
• Real Estate Asset Management
• Real Estate Capital Markets
• Real Estate Core+

See information below regarding each group.

Real Estate Acquisitions

Blackstone’s Real Estate Acquisitions Group focuses on originating, underwriting and executing real estate investment opportunities. As a Summer Analyst you will gain holistic exposure to the real estate private equity investment process and become part of deal teams working on the acquisition of real estate companies, portfolios and individual properties across multiple asset classes and throughout Europe.

Summer Analyst work may include:

• Conducting financial analysis and market research to formulate new investment theses
• Preparing valuation analyses, LBO models, memos and presentations for ongoing investment opportunities
• Assisting in due diligence, negotiation, execution, financing and structuring of live transactions
• Collaborating with cross-functional teams, including Asset Management, Legal & Compliance, and Capital Markets
• Attending site tours, internal and external meetings, as well as due diligence and expert sessions
• Preparing and presenting a view on the key drivers, risks, and opportunities of a potential transaction

Real Estate Asset Management

Blackstone’s Real Estate Asset Management Group leads all post-acquisition investment activities. AM professionals oversee the full lifecycle of an investment, including setting business plans, identifying value creation opportunities and executing transactions to monetize an investment.

Summer Analyst work may include:

• Building portfolio companies to manage operational real estate
• Collaborating with portfolio company senior management to set business plans and drive performance
• Conducting market research and analysing value creation initiatives (e.g., capital expenditure projects)
• Execute transactions such as refinancings, recapitalizations and dispositions (including public IPOs and private market sales)

Real Estate Capital Markets

Blackstone’s Real Estate Capital Markets Group leads on all debt capital initiatives for real estate investments. A Summer Analyst will gain exposure to the full lifecycle of financing real estate investments from a variety of debt capital sources, including public market debt and equity transactions, securitizations, and private market secured and unsecured credit deals.

Summer Analyst work may include:

• Conduct financial analysis, modelling, and market research to support financing transactions and competitive analysis
• Prepare internal company presentations, reports, and marketing materials to solicit financing feedback
• Collaborate with Acquisitions and Asset Management teams to provide guidance on pricing and terms of financing
• Assist with the negotiation and execution of financing transactions

Real Estate Core+

Blackstone’s Real Estate Core+ Group focuses on the strategy and management of Blackstone Property Partners Europe and the Blackstone European Property Income Fund. Summer Analysts in the Core+ team work as part of a small, dedicated group focused on ongoing fund management, including transaction execution, client meetings and marketing, as well as general fund management, portfolio management, and operational matters.

Summer Analyst work may include:

• Collaborate with acquisitions, asset management, portfolio management, capital markets, finance, and ICS teams on all Core+ activities
• Support due diligence, tax structuring, debt and hedging strategies, and prepare investor materials
• Monitor the acquisition pipeline, investment results, and portfolio performance relative to objectives
• Track operating and financial data for Core+ assets, maintain liquidity analysis, and update fund models
• Assist with quarterly reporting to LPs, marketing materials, and stakeholder presentations
• Interface with internal teams, including fund operations, accounting, legal, tax, and compliance

Qualifications

Blackstone seeks individuals who work well in a team-driven environment, are highly motivated and demonstrate excellence. The successful candidate must possess:

• Strong verbal and written communication skills
• A desire to work in a collaborative, dynamic team
• A basic knowledge of accounting and finance
• Self-motivation to find solutions independently, with humility to acknowledge limits and uncertainties
• Sincere commitment to professional development
• Excellent attention to detail
• Intellectual curiosity
• Good judgment

Eligibility & Application Requirements

To be considered for the 2027 Summer Analyst Programme, applicants must meet the following criteria:

• Currently enrolled as an undergraduate or masters student
• Anticipated graduation date: Summer 2028
• CV must include expected graduation month/year and grade
• CV must be in PDF format

Application Details

• Application Deadline: Friday 30 October 2026
• Applications are reviewed on an ongoing basis

If you do not meet these criteria, please see Blackstone’s Careers website for other opportunities that may be available, including other entry level positions.

The duties and responsibilities described here are not exhaustive and may be changed at Blackstone’s sole discretion. Blackstone is committed to equal employment opportunities for all employees and applicants without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital status, sexual orientation, gender identity or expression, disability, veteran status, or other protected characteristics, in accordance with applicable laws. All Blackstone employees and recruiters are expected to abide by this policy.

If you need a reasonable accommodation to complete your application, please contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).

Note: Depending on the position, you may be required to obtain certain securities licenses if you are in a client-facing role. See the full list of potential requirements and consult with your Blackstone Recruiting contact with any questions.

You will not be eligible to participate in Blackstone’s health and certain other insurance benefit programs.

Blackstone may use an AI screening tool to help with the initial review of applications. If you are not selected to move forward, you may request a re-review of your materials by emailing EMEACampusApplicationReview@blackstone.com with a reference to the position applied for. To submit your application, complete the form below. Fields marked with an asterisk are required (some fields can be answered "prefer not to say").