Recruiting for internships and analyst roles in London for Real Estate

To maximize your chances of securing relevant experience before starting your MSc at Bayes, here’s what you should focus on:

Targeting Firms

1. Smaller Firms: You're on the right track targeting smaller firms. They are often more flexible and open to short-term arrangements. In real estate, smaller firms can include boutique investment firms, local developers, or niche advisory firms.
2. Capital Advisory Firms: Firms like the NYC-based capital advisory firm mentioned in WSO threads specialize in arranging capital, loan sales, and restructuring. These types of firms often have small teams and provide hands-on exposure, making them ideal for short-term internships.
3. Real Estate Developers and REPE Firms: Cold email developers, real estate private equity (REPE) firms, and general contractors (GCs) in your network. Use LinkedIn to search for alumni from your school or professionals in your area.
4. Brokerage Firms: Even a short stint at a brokerage firm can provide valuable experience, especially in leasing, due diligence, and financing.

Networking Tips

• LinkedIn Connection Messages: When reaching out, keep your message concise and personalized. Mention your upcoming MSc program, your interest in real estate, and your desire to learn from their experience. For example: > "Hi Name, I’m starting my MSc in Real Estate Investment at Bayes this fall and am keen to gain hands-on experience in the industry. I admire your work at [Firm Name] and would love to hear about your journey over a quick coffee chat. Let me know if you’d be open to connecting!"
• Cold Emails: Use a similar approach but tailor it further to the recipient’s background or firm. Attach your CV and express your willingness to assist with any ongoing projects.

Additional Tips

• Coffee Chats: These are crucial for building relationships. Be prepared to share your story, ask insightful questions about their career, and express genuine interest in their work.
• Investment Memos: If you have time, develop 1-2 investment pitches or memos. This demonstrates initiative and can be a great conversation starter during interviews or networking.
• Casting a Wide Net: Apply to a broad range of firms, as the process can be random. Don’t limit yourself to a specific type of firm or role.

By focusing on smaller firms, leveraging LinkedIn effectively, and preparing for coffee chats, you’ll increase your chances of landing a short-term opportunity before your MSc begins. Good luck!

Sources: Q&A: Real Estate Analyst/Associate, Real Estate Opportunity For Civil Engineers, https://www.wallstreetoasis.com/forum/real-estate/qa-real-estate-analystassociate?customgpt=1, Advice for London 2022 Applications Cycle - A Couple of Observations, Q&A: London L/S + event-driven analyst