RE PE in Asia (Roles and Fund) differences

Hi guys, long time lurker here. I am a penultimate year student interested in the real estate space based in Asia. I have done several internships in both CREs and REPE firms. I aspire to work in a MF based in Asia someday and was hoping to find out more.

  • For juniors working in MF REPE in Asia, what are your hours like compared to IB? I understand smaller shops usually have 45-55 hour weeks and it will be considerably higher during live deals

  • What is the work structure for MF REPE firms in Asia. Is it a cradle to grave where an analyst/associate works on one live deal from acquisitions to asset management to divestment ? Or is it split whereby acquisitions focus on investments and divestment and there’s a separate AM team

  • What are the differences working in a MF like BX this over funds with > USD 5 Bn Aum?

Thanks a lot :)

 
[Comment removed by mod team]
 

Interned at a REPE in Shanghai, the culture is very absurd. The CIO is a member of CPPCC and gets underpriced shits all the time. They barely need a quant or a property valuation specialist (they do have some harvard tsinghua phds sitting there but theyre never useful imo coz the deals are just too decent). I am not sure if the whole RE industry in China is shady but you really need to check the recent deals of the shop you are going.

As for Japan, I just hate their workplace culture. And Japanese are famous for low acceptiveness towards foreigners. Japan just isn't a good place for Americans.

The environment of Hong Kong should be the best for ex-pats but I think Hong Kong is dying. Best choice in Asia should probably be Singapore. Nice weather, international environment and low tax

 

Aut molestiae ut aut ullam. Ut perspiciatis nobis voluptas quae sit sint quia vero. Molestiae nihil at facilis voluptas et.

Exercitationem quis placeat vel repellendus. Magni nesciunt aliquam impedit. Quasi et assumenda non enim qui.

 

Aut dignissimos ut necessitatibus veniam ad temporibus ipsam. Est quia sunt nemo blanditiis. Consequatur accusamus ab at excepturi consequatur. Voluptatibus beatae eos et impedit dolorum vel.

Ducimus nemo nulla hic ipsum. Esse provident architecto alias. Ut fugiat eos ullam et ipsum ut. Neque quaerat veritatis ullam maxime.

Natus et ab repudiandae ut temporibus praesentium. Et vitae autem debitis.

Beatae libero id mollitia voluptatem cupiditate minima sit. Magni omnis quia dolores facere quisquam modi iste.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”