V.I.E – Asset Manager & Hotel Investment Madrid M/F

Company presentation

Covivio is a leading European real estate operator helping (re)shape the city of tomorrow. 

A company listed on the SBF 120 index, our €23 billion portfolio spans offices, hotels, and residential assets. We bring together the expertise of over 1,000 employees across France, Germany, and Italy. 

As investors, developers, managers, and service creators, we deploy an ambitious vision of high-performing, service-oriented, and sustainable real estate, placing user experience at the heart of everything we do. 

Committed to climate action, we intervene throughout the real estate lifecycle to deliver increasingly responsible and high-performing buildings capable of meeting environmental challenges. 

Working hand-in-hand with our partners companies, hotel brands, and local communities, and engaging with our clients daily, we co-create vibrant spaces where people enjoy working, traveling, and living. 

Join us to thrive in a dynamic company! #wearecovivio 

Covivio promotes inclusivity and is committed to integrating individuals with disabilities. All our job positions are open to everyone. 

Job description

Covivio’s Hotels Division is looking for a Junior Asset Manager based in Madrid, Spain, for a 12-month V.I.E mission (renewable for another 12 months), starting September 1rst. 

As part of the Asset & Development Management team, based in Madrid, you will support the implementation of real estate strategies across the portfolio. You’ll be involved in both operational and strategic management, working closely with local teams and the Group Hotel Management. 

Asset Management 

• Monitor hotel operational performance (monthly reviews, KPIs, P&L analysis, market and competitor comparisons). 

• Track the technical condition of the assets. 

• Assist in preparing annual budgets. 

• Coordinate with hotel operators, internal teams (finance, legal, technical), and external service providers. 

• Prepare presentations and internal reports. 

Acquisition & Repositioning 

• Analyze investment and asset repositioning projects: financial modeling (DCF, IRR, sensitivity analysis). 

• Conduct market research and benchmarking of comparable assets. 

• Draft investment memos and internal presentations. 

• Support asset disposal processes. 

Candidate profile

You hold a Master’s degree from a business school, engineering school, or university with a focus on finance and have prior experience in a similar position (asset management, fund management, real estate valuation), ideally within a real estate or hospitality group (REIT, investment fund, asset manager), a bank (M&A, real estate financing, structured finance), or a consulting firm (transaction services, real estate audit). 

Key skills required: 

• Strong financial Knowledge Financial modeling, financial ratios, and aspects related to hospitality real estate. 

• Hotel real estate market knowledge: Good understanding of market trends and key players. 

• Analytical & writing skills: Ability to draft clearly and analyze complex issues with precision and insight. 

• Excellent interpersonal skills: Comfortable collaborating with a variety of internal and external stakeholders, with strong coordination and synthesis capabilities. 

• Tool proficiency: Proficient in financial modeling (Excel) and presentation design (PowerPoint). 

• Language fluency: You are fluent in Spanish, English, and French, both spoken and written.