How to prepare for Real Estate Assessment Centre? UK/Europe
This is my first time doing an online assessment centre at a bank and I'm not sure what to expect. They told me there would be some interviews as well as a group exercise and presentation.
I'm not quite sure how these interviews are going to differ from previous interview rounds and how to stand out in a virtual group exercise setting.
Would appreciate anyone sharing their experiences and insights,
Thanks in advance!
For industry awareness I used CBRE reports - helps you find the structural trends in each sector (e.g warehouses & e-commerce, data centres & AI)
Company website & YouTube page for the firm’s portfolio & house view
I also spent £20 on an introductory course from Break into CRE but probably not needed. Was quite a big investment of time for just an interview.
Thanks SB'd.
What in your experience have the interviews been like on the assessment day? I'm assuming will be asked again why RE, why this firm etc. But not sure to expect any competency q's as haven't been asked those yet etc
No worries. Here is a brain dump of other stuff I had:
I didnt interview at a big bank or anything so there was quite a big focus on motivational / behavioural / personality / fit to see if I would get on with the team. There was no group exercise & presentation so I can't tell you much about that, but I know that the thing with group exercises is to strike the right balance between talking too much and too little. Add value whenever you speak and try contribute ideas/feedback when you can.
Every interview started with tell me about yourself.
Had quite a bit on industry knowledge and the firm's portfolio, which is where my prior research came in handy - specifically CBRE reports. Was able to talk about different RE sectors and their structural trends.
Asked about what typical cap rates are for certain asset classes.
Also had a basic paper LBO.
I would expect some competency based questions. Might be a good idea to reach out to former/current interns/employees at the firm to see what they had.
Thank you, hugely helpful
Happy to help!
OP here, do you mind explaining LBO in the context of a real estate deal?
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