2025 Blackstone Real Estate Core+ Summer Analyst, Hong Kong

Business Unit Overview:     

Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has US $332 billion of investor capital under management. Blackstone is the largest owner of commercial real estate globally, owning, and operating assets across every major geography and sector, including logistics, residential, office, hospitality and retail. Our opportunistic funds seek to acquire undermanaged, well-located assets across the world. Blackstone’s Core+ business invests in substantially stabilized real estate assets globally, through both institutional strategies and strategies tailored for income-focused individual investors including Blackstone Real Estate Income Trust, Inc. (BREIT), a U.S. non-listed REIT, and Blackstone’s European yield-oriented strategy. Blackstone Real Estate also operates one of the leading global real estate debt businesses, providing comprehensive financing solutions across the capital structure and risk spectrum, including management of Blackstone Mortgage Trust (NYSE: BXMT).

Program Description:

Blackstone’s Summer Analyst Program is 10-weeks in length and will provide participants broad exposure to the Firm. The Program offers Summer Analyst’s various technical training and professional development opportunities, the ability to network with professionals across all business units, and a robust mentorship experience to allow the participants to be fully immersed in the Blackstone culture.

Job Description:       

This role is for a Summer Analyst to work in Asia Core+ groups based in Hong Kong. The Core+ team is responsible the management of Blackstone Real Estate’s BPP Asia, an open-ended real estate fund focused on high-quality logistics, office, retail and residential assets and portfolios in major markets and gateways cities across the Asia Pacific region.

As part of the ongoing growth of the business, Blackstone is seeking to recruit a Summer Analyst to join their Asia Core+ team in Hong Kong. The Summer Analyst will be joining a small team dedicated to the ongoing management of the funds including the general fund management, execution of transactions, investor marketing, portfolio management and operations matters. Due to the relatively small size of the professional staff, the Summer Analyst is expected to assume an integral role on the team.

Responsibilities:

The BPP Asia Core+ Summer Analyst will work with the team to help manage all aspects of the Fund including development & execution of key strategies and day-to-day management of the business. The main responsibilities include:

• Produce analysis and execute on key strategic initiatives for BPP Asia.:
  • Investments (real estate allocations, hold vs. sell analysis on dispositions, new acquisitions, co-investment structuring)
  • Balance Sheet (leverage, liquidity, cost of capital, interest rate exposure, hedging strategy)
  • Capital Raising (new product development, marketing for existing and potential investors)
  • Corporate Strategy (performance, deployment, asset allocation)
• Participate in and create materials for key special projects & internal meetings.
• Collaborate with various functions including Acquisitions, Asset Management, Capital Markets, Institutional Client Solutions, Portfolio Management, Legal, Tax and Finance
• Develop expertise in all property types and geographies in which BPP Asia invests.

Qualifications:                                  

Blackstone seeks to hire individuals who work well in a team-driven working group, are highly motivated, intelligent, have sound judgment and have demonstrated excellence in prior endeavors.

The successful candidate must possess:

• Desire for a robust corporate modeling experience including skills in Excel & PowerPoint
• Excellent verbal and written communication skills
• Self-motivation to find solutions independently, and humility to acknowledge limits and uncertainties.
• Capacity to handle and complete multiple assignments simultaneously
• Desire to work in a collaborative team environment with dynamic roles.
• Strong organizational skills and attention to detail
• The highest degree of integrity, motivation, and intellectual curiosity
• Sincere commitment to personal and professional development
• Sound judgment
• A demonstrated interest and/or experience in real estate is preferred.

To be considered for the 2025 Summer Analyst Program, applicants must meet the following criteria:

• Currently enrolled as a fulltime undergraduate or master’s degree student. If you are pursuing a master’s degree, you should have no more than 1 year of fulltime working experience·
• Anticipated graduation date: Sept 2025 – Jun 2026
• Business proficient in and Asian languages (Mandarin, Japanese, Korean) is preferred but not required
• Resume must include expected graduation month/year and GPA.
• Resume must be in PDF format.

We review applications, interview, and offer selected candidates on rolling basis. Therefore, we encourage you to apply as soon as you are ready.

If you do not meet these criteria, please see Blackstone’s Careers website for other opportunities that may be available, including other entry level positions.

The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position.  Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.

Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training.  All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.

If you need a reasonable accommodation to complete your application, please contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).

Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:

• Attending client meetings where you are discussing Blackstone products and/or and client questions;
• Marketing Blackstone funds to new or existing clients;
• Supervising or training securities licensed employees;
• Structuring or creating Blackstone funds/products; and
• Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.

Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis.  Please speak with your Blackstone Recruiting contact with any questions.