Back to Careers

Real Estate Retail Senior Associate Asset Management - based in Frankfurt

Type:
Full Time
Location(s):
  • Frankfurt am Main, HE 60315, Germany
  • Frankfurt, HE, Germany
Date Posted:
Salary:
Job Posting End Date:
2025-09-01-07:00
Job ID:
R250300543

Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes, including fixed income, equities and alternatives. Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides. As a global asset manager, our mission is to work in partnership with our clients to create outcome-focused solutions to help them secure their financial future. For more information about the firm please visit our website at www.Nuveen.com 

Overview of the Role: 

The Senior Asset Manager Retail, reporting to the Head of Retail Asset Management, Northern Europe, will take asset management responsibilities for a portfolio of retail properties that can include outlets, shopping centers and retail parks across the Northern European region (Germany, Austria, Poland, BeNeLux), and will support the retail investment team in regard to investment introductions (3-pagers and full investment recommendations). 

Key responsibilities will include: 

  • Responsibility for the performance and the operating management of portfolio(s).  

  • Support investment introductions (due diligence and approval processes)  

  • Develop and implement strategic business plans for each asset  

  • Organize handover processes for acquisitions  

  • Annual business planning (incl. operational budgets)  

  • Analyze performance and identify strategic value enhancement potential  

  • Prepare investment recommendation for identified asset management initiatives 

  • Co-ordination of external resources (service providers) to ensure BP can be delivered  

  • Drive (re-)letting activities / Initiate CapEx projects  

  • Develop (re-)positioning and marketing strategies with external service providers  

  • Annual/quarterly valuation updates  

  • Quarterly property management meetings  

  • Quarterly reporting to investors/banks/auditors  

  • Monthly calls with PM on evolution of bad debt positions  

  • Regular contact to PM to deal with day-to-day decisions  

  • Handling of legal claims, warranty issues, day-to-day invoices, contracts  

  • Regular site inspections  

  • Meetings with local politicians/key retailers  

  • Operational approvals/controls 

  • Give exit recommendations (incl. operational support in vendor DD) 

Qualifications & Experience Required  

  • Have significant professional industry experience, ideally in the asset/fund management sector 

  • Network with leading German and international retailers and sector specialists  

  • Good knowledge of the Real Estate market 

  • Portfolio management skills with proven ability to asset management 

  • Enjoy working in an international workplace with multi-cultural teams 

  • Good understanding in terms of tenant mix & performance, and operations 

  • Financial, analytical and modelling skills 

  • Software skills: Proficiency and Microsoft (including Excel, Word and PowerPoint) 

  •  

Competencies Required 

  • Strong communication and negotiation skills 

  • Good team player contributing to the success of Nuveen Real Estate 

  • Act in line with Nuveen Real Estate’s Company Values 

Company Overview

Every worker deserves a secure retirement. For more than 100 years, TIAA has delivered it for millions of people. Founded to help educators retire with dignity, today we’re a market-leading retirement company fueled by world-class asset management. But we’re not just another legacy financial services firm. We’re fighting harder than ever before for our clients and the many Americans who need us.

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being.

To learn more about your benefits, please review our Benefits Summary.

Equal Opportunity

We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

Read more about your rights and view government notices here.

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application, please use one of the below options to contact our accessibility support team:

Phone: (800) 842-2755

Email: accessibility.support@tiaa.org

Privacy Notices

For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here.

For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here.

For Applicants of TIAA Global Capabilities, click here.

For Applicants of Nuveen residing in Europe and APAC, please click here.

We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

Read more about your rights and view government notices here.