Livensa Living is one of the leading student and versátil housing operators in Spain and Portugal, offering modern, community-focused residences designed to enhance student wellbeing, comfort, and university life experiences. The Role As Investment Analyst you will support the full investment cycle across our European markets, from market screening and underwriting through due diligence, Investment Committee, financing and closing. You will focus on PBSA and flex living acquisitions, forward purchases and developments in Spain, Portugal, Italy and Germany and help shape the business plans that drive value creation and exit.
This is an entry level role with real deal exposure from day one and a clear path to Associate.
Reports to: Head of Investments
What You Will Do Market Research and Data
Build and maintain our core (AI) databases on student numbers, bed supply, investment and land transactions
Underwriting and Investment Committee
Build and own underwriting models for acquisitions, forward purchases and developments, including levered and unlevered returns (IRR, equity multiple,



yield on cost), financing scenarios and sensitivities
Draft IC memos setting out the investment thesis, key risks and mitigants, and return profile, and support in presenting to Investment Committee
Coordinate due diligence workstreams (legal, technical, tax, commercial) and support debt financing, from lender outreach to term sheet comparison
Support SPA and forward funding negotiations, building your network with brokers, developers and intermediaries along the way
Contribute to the Product Lab, shaping new concepts for the Livensa Living brand, and screen adjacent opportunities as they arise
Degree in Finance, Economics, Business, Real Estate or Engineering, with a strong academic record
~0 to 2 years of experience in real estate private equity, investment banking, transaction advisory, valuation or consulting (internships count)
~ Strong Excel and financial modelling skills, with a so

📌 Senior Analyst (Madrid)
🏢 Livensa Group
📍 Madrid