JLL

LaSalle Trainee Analyst Programme 2026

Munich, DEU Full time

# LI-DNI

Company Profile:

LaSalle is a global real estate investment manager where exceptional investment talent, deep market and sector expertise, and data-driven intelligence are applied through a disciplined fair-value framework. Enhanced by industry-leading research and sustainability insights, we deliver outperformance that meets investor needs for income, growth, and diversification.

We are the investment division of JLL, and our capabilities are supported by the scale of our global platform and the JLL ecosystem, providing us access to a network of global relationships, powerful analytics, market-leading insights, and cutting-edge technology. As part of JLL, we've been recognized as both a World's Most Ethical and World's Most Admired company.

What drives us most is knowing our decisions improve lives and strengthen communities. Through our Culture of Care, we keep people at the heart of business. We also invest in our own people’s growth through our 'Steer Your Career' strategy, empowering customized career journeys and developing managers into coaches, mentors and leaders.

At LaSalle, your perspective and contributions drive meaningful impact. Build your career with an investment management company committed to clients, communities, and each other.

If you have a keen interest in real estate investment management, our Trainee Analyst Programme will give you the exposure you need to kick-start start your career in our industry. If you are applying for a placement in our Munich office, you may rotate across a range of departments including Asset Management, Fund Management, Investor Accounting & Finance or Transactions.

Programme Overview:

Location: Munich

Length of Programme: Fixed term contract of 2 years

Education: You will be highly numerate with an analytical Undergraduate and/or master’s degree, in subjects such as real estate, finance, economics and mathematics being particularly relevant.

Languages: German and English language skills are essential

Training: Your training will begin with a series of induction sessions designed to prepare you for your role as a graduate at LaSalle.  You will have plenty of opportunities to network with employees across the business, from Senior Directors to other Analysts. You will receive continuous on the job training and be invited to participate in local trainings throughout the programme.

Please see a summary below of each department:

Asset Management: LaSalle’s Assets under Management cover the full spectrum of Core to Value-Add investments. The Continental European Asset Management team (excluding France) is currently composed of 10 Asset Managers, based in 3 locations: Munich (5), Amsterdam (3) and Madrid (2). As of July 2024, Assets under Management are

approximately € 3.7 billion (office, logistic, retail, residential, hotel), located in 9 different countries. The team forms part of LaSalle’s Continental European business working notably on several cross-border initiatives. The main roles are:

The main roles of the team are:

  • Identifying and implementing value-add opportunities: Alternative uses, redevelopments, refurbishments, minimizing irrecoverable, building tenant relationships, tenant mix.

  • Lease regears, renewals, rent reviews and lease contract negotiations.

  • Managing relationships with third party consultants: Managing agents (which includes monitoring rent, service charge & insurance), lawyers, project professionals.

  • Preparing and managing sales together with the Investment Management Team.

  • Preparing asset level business plans and budget projections.

  • Working closely with the acquisition team to advise and validate deals, negotiations, and assumptions.

Fund Management: The fund management team is responsible for acting as a liaison for all other departments of the business with regard to the Fund. As such the role is both internal and external facing. It involves close teamwork with the Asset Management, Finance and Transactions teams, as well as liaising with external service providers and the clients. The role will support the fund team in the day-to-day administration and management of our separate accounts. As an Analyst you will gain experience in the management of a LaSalle KVG open-ended fund and a Service-KVG investment structure. The main roles are:

  • Support the fund management team in strategic and operational tasks following the entire investment process, with a focus on the analytical part.

  • Work on cash flow models, both on existing asset/ portfolio level and transactions, to ensure investment performance for our clients.

  • Implementing and improving excel based IT tool for portfolio analysis and reporting.

  • Support fund management with investment strategy, ESG and performance analysis.

  • Support fund management in appraisal process and financial planning.

  • Oversight of asset management activities, such as budgeting and asset level strategic plans.

  • Ensure regular investor reporting and preparation for investor meeting materials.

Transactions: LaSalle’s transactions team work on various asset types (office, retail, industrial, living & hospitality and alternative) and risk profiles (Core, Core+, and Value-Add). The main roles are:

  • Assisting the team in evaluating, structuring, and closing real estate transactions (acquisitions and sales).

  • Participating in the due diligence process.  

  • Contribute to the analysis of value enhancement opportunities for our existing and future portfolios.

Investor Accounting and Finance: LaSalle´s investor accounting and finance team focuses on maintaining the highest- quality client services through robust controlling processes and compliance standards. The finance team serves as the organizational backbone of the firm, maintaining constant collaboration with other departments while structuring investments, controlling investment structures, and managing critical business data. In your role as Trainee Analyst you will support on:

  • Supervising the external accountants.

  • Controlling, consolidation and investor reports as well as other reporting, e.g. towards banks, IPD, US GAAP.

  • Enhancing general analysis and planning for all mandates run out of the local hub.

  • Preparing and following up financial budgets and cash flow forecasts.

  • Ensuring compliance with all statutory, tax and regulatory requirements of the German regulated business.

LaSalle is an Equal Opportunity Employer and encourages applications from all sections of the community.

US Jobs Only: This position does not provide visa sponsorship. Candidates must be authorized to work in the United States without sponsorship.

Location:

On-site –Munich, DEU

At JLL, we harness the power of artificial intelligence (AI) to efficiently accelerate meaningful connections between candidates and opportunities. Using AI capabilities, we analyze your application for relevant skills, experiences, and qualifications to generate valuable insights about how your unique profile aligns with the specific requirements of the role you're pursuing.

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Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally the personal information we collect from you are for the purposes of processing in connection with JLL’s recruitment process. We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely.

 

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For employees in the United States, please see a fully copy of our Equal Employment Opportunity policy here.

 

This position may require you to be fully vaccinated against COVID-19. If required, you’ll be asked to provide proof that you’re fully vaccinated upon your start date. You’re considered fully vaccinated two weeks after you receive the second dose of a two-dose vaccine series (e.g., Pfizer or Moderna) or two weeks after a single-dose vaccine (e.g., Johnson & Johnson/Janssen). Failure to provide proof of vaccination may result in termination. 

 

Jones Lang LaSalle (“JLL”) is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities.  If you need a reasonable accommodation because of a disability for any part of the employment process – including the online application and/or overall selection process – you may email us at HRSCLeaves@jll.com. This email is only to request an accommodation. Please direct any other general recruiting inquiries to our Contact Us page > I want to work for JLL.

 

Pursuant to the Arizona Civil Rights Act, criminal convictions are not an absolute bar to employment.

 

Pursuant to Illinois Law, applicants are not obligated to disclose sealed or expunged records of conviction or arrest.

 

Pursuant to Columbia, SC ordinance, this position is subject to a background check for any convictions directly related to its duties and responsibilities. Only job-related convictions will be considered and will not automatically disqualify the candidate.

 

California Residents only

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Pursuant to the Los Angeles Fair Chance Initiative for Hiring Ordinance, JLL will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.

 

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.