JLL supports the Whole You, personally and professionally.
Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology to our clients. We are committed to hiring the best, most talented people in our industry; and we support them through professional growth, flexibility, and personalized benefits to manage life in and outside of work. Whether you’ve got deep experience in commercial real estate, skilled trades, and technology, or you’re looking to apply your relevant experience to a new industry, we empower you to shape a brighter way forward so you can thrive professionally and personally.
About the Role
We are looking for an intern to join our Retail Capital Markets team in Milan. This internship supports the execution of investment mandates across the retail asset class, focusing primarily on the out-of-town segment. You will work in a fast-paced, deal-driven environment, gaining hands-on exposure to live transactions from origination through closing while working with institutional investors, private equity funds, family offices, and developers.
This is a full-time, 6-month internship with a flexible start date.
Key Responsibilities
Support sell-side transaction execution from pitch to closing, including preparing marketing materials, investment memoranda, financial analysis, coordinating due diligence, and managing viewings and client meetings
Underwrite buy-side acquisition opportunities through detailed financial modeling, analyzing cash flows, tenant performance, and risk-adjusted returns to determine pricing aligned with investor hurdle rates
Research market opportunities, track competitive activity, and support relationships with institutional investors, funds, and developers
Qualifications
Bachelor's or Master's degree in Finance, Economics, Real Estate, or a related analytical discipline
Early career experience or strong academic background in real estate, finance or economics (internships or relevant coursework valued)
Financial modeling skills with proficiency in Excel
Good knowledge of PowerPoint and Word for preparing professional materials
Solid analytical capability with a clear interest in retail and real estate capital markets & investing
Commercial mindset and strong interpersonal skills
Fluent business English and Italian; additional European languages are a plus
About You
You possess excellent quantitative and qualitative analytical skills, with the ability to analyze and present complex financial data clearly. Naturally inquisitive and commercially minded, you contribute to understanding and solving problems. You have a strong interest in real estate investment and capital markets, coupled with a self-motivated, energetic approach. You thrive in fast-paced environments, can manage multiple priorities simultaneously, and work effectively both independently and as part of a team. Strong interpersonal and communication skills enable you to engage confidently with clients, investors and colleagues at all levels.
Compensation: Monthly expense reimbursement of €850 plus €10 meal vouchers per working day.
--------------------------------------------------------------------------------------------------------------------------------La posizione
Cerchiamo una risorsa da inserire in stage nel nostro team Retail Capital Markets a Milano. Lo stage supporta l'esecuzione di mandati di investimento nel settore retail, con focus principale sul segmento out-of-town. Lavorerai in un ambiente dinamico e orientato alle operazioni, acquisendo esperienza diretta su transazioni reali dall'origination alla chiusura, collaborando con investitori istituzionali, fondi di private equity, family office e developer.
Si tratta di uno stage full-time della durata di 6 mesi con data di inizio flessibile.
Responsabilità principali
Supportare l'esecuzione di transazioni sell-side dalla presentazione alla chiusura, inclusa la preparazione di materiali di marketing, memorandum di investimento, analisi finanziarie, coordinamento della due diligence e gestione di sopralluoghi e incontri con clienti
Valutare opportunità di acquisizione buy-side attraverso modellazione finanziaria dettagliata, analizzando flussi di cassa, performance dei tenant e rendimenti corretti per il rischio per determinare prezzi in linea con i tassi di rendimento target degli investitori
Ricercare opportunità di mercato, monitorare l'attività competitiva e supportare le relazioni con investitori istituzionali, fondi e developer
Requisiti
Laurea triennale o magistrale in Finanza, Economia, Real Estate o discipline analitiche affini
Prima esperienza professionale o solida formazione accademica in real estate, finanza o economia (stage o corsi pertinenti saranno valorizzati)
Competenze di modellazione finanziaria con ottima padronanza di Excel
Buona conoscenza di PowerPoint e Word per la preparazione di materiali professionali
Solide capacità analitiche con chiaro interesse per il retail e i mercati dei capitali immobiliari e gli investimenti
Mentalità commerciale e spiccate capacità relazionali
Conoscenza fluente dell'inglese e dell'italiano; ulteriori lingue europee costituiscono un plus
Il profilo ideale
Possiedi eccellenti capacità analitiche quantitative e qualitative, con l'abilità di analizzare e presentare dati finanziari complessi in modo chiaro. Naturalmente curioso/a e con mentalità commerciale, contribuisci alla comprensione e risoluzione dei problemi. Hai un forte interesse per gli investimenti immobiliari e i mercati dei capitali, accompagnato da un approccio motivato ed energico. Ti trovi a tuo agio in ambienti dinamici, sai gestire più priorità contemporaneamente e lavori efficacemente sia in autonomia che in team. Forti capacità relazionali e comunicative ti permettono di interagire con sicurezza con clienti, investitori e colleghi a tutti i livelli.
Compenso: Rimborso spese mensile di €850 più €10 di ticket restaurant per giorno lavorativo.
If this job description resonates with you, we encourage you to apply even if you don’t meet all of the requirements below. We’re interested in getting to know you and what you bring to the table!
Personalized benefits that support personal well-being and growth:
JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health.
About JLL –
We’re JLL—a leading professional services and investment management firm specializing in real estate. We have operations in over 80 countries and a workforce of over 102,000 individuals around the world who help real estate owners, occupiers and investors achieve their business ambitions. As a global Fortune 500 company, we also have an inherent responsibility to drive sustainability and corporate social responsibility. That’s why we’re committed to our purpose to shape the future of real estate for a better world. We’re using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people, and our communities.
Our core values of teamwork, ethics and excellence are also fundamental to everything we do and we’re honored to be recognized with awards for our success by organizations both globally and locally.
Creating a diverse and inclusive culture where we all feel welcomed, valued and empowered to achieve our full potential is important to who we are today and where we’re headed in the future. And we know that unique backgrounds, experiences and perspectives help us think bigger, spark innovation and succeed together.