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.

Valuation & Analysis
Conduct comprehensive valuations of flex-living and student housing (PBSA) properties using DCF and comparative methods.
Prepare detailed valuation reports for institutional lenders, investors, and fund managers.
Analyse rental markets, occupancy trends, and student demographic data.
Analyse comparable transactions, rental data, and operational performance metrics.
Review and assess development appraisals for student housing projects.
Monitor market performance and prepare quarterly valuation updates.
Primarily work across Southern Europe but also willing to undertake tasks across EMEA.

Market Research & Intelligence
In collaboration with JLL Research and Strategy team, track Spanish, Portuguese, Italian, and other European Flex-living and PBSA market trends and performance metrics.
Develop expertise in Flex-living and PBSA markets and valuation drivers
Maintain databases of comparable transactions and rental evidence.
Prepare market commentary and sector insights for clients.
Monitor regulatory developments affecting student housing and residential sectors.

Client Engagement
Participate in client meetings and presentations alongside senior team members.
Respond to client queries and provide technical valuation support.
Assist in preparing pitch materials and client proposals.




Support relationship management activities with institutional investors, private equity funds, and lending institutions.
Contribute to new business development initiatives through research and proposal preparation.

Quality Assurance, Risk Assessment & Compliance
Ensure all valuations comply with RICS Red Book and local regulatory standards.
Participate in internal quality review processes.
Assist in evaluating investment risks including operational performance, regulatory compliance, planning constraints, and market cyclicality.
Ensure accuracy and consistency of financial outputs across client deliverables.
Research ESG considerations and sustainability factors impacting valuations.
Maintain CPD requirements and professional development.

Team Development
Work collaboratively with colleagues across different experience levels and service lines across EMEA.
Participate in internal training programs and professional development initiatives.
Contribute to knowledge sharing and best practice development within the team.

Requirements:
Core Valuation Expertise : 3+ years’ experience in property valuations with demonstrable knowledge of DCF, income, cost, and comparable methodologies.
Strong understanding of development appraisal principles and ability to articulate valuation approaches confidently to clients.
Sector Knowledge & Experience : Background in Purpose-Built Student Accommodation (PBSA) and residential sectors preferred but not essential.
Technical & Analytical Skills : Advanced Excel proficiency with experience building financial models for property valuations and investment appraisals. Strong grasp of financial data analysis, comparable transactions,



and rental market metrics.
Client-Facing Capabilities : Confident presentation skills with ability to participate meaningfully in client meetings and pitch presentations.
Language Requirements : Fluent in both German and English (essential for this EMEA-focused role).

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 general 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.

📌 Associate, Valuation Advisory (Madrid)
🏢 JLL
📍 Madrid