Property is quite an uncommon career path in Italy, where I am from, but the analytical, practical and material aspects of the property world made it look very attractive to me.
Having spent some time in investment banking prior to joining Grosvenor I quickly realised that I was right about my desire to work in property: since day one I have been involved in various projects which involved a good balance of analytical skills and pure property expertise.
The international side of my job was also a key element of interest: my first task was to help in analysing a > €300m plus shopping centre potential investment in Sweden!
I spent two years in the Grosvenor Europe office in Paris, working in the Investment team as an analyst. I have been mentored by a team of very experienced professionals and developed my property expertise by analysing investment opportunities in France, Sweden, UK and Italy. I have been directly involved in the acquisition of the Angel portfolio (Lyon, France) where Grosvenor Europe acquired 32 mixed-use buildings on behalf of its investors - a great learning experience! Some of the members of my team called it the "deal of a lifetime" - it was the first one for me!
Grosvenor promotes a lot of training initiatives and I have been supported to complete the MSc in Real Estate, part-time, at the University of Reading. The course will help to further enhance and consolidate my property skills and will make me eligible to pass the APC exam and become RICS qualified.
I have recently accepted to move into the London office for a six-month secondment. I am currently working in the Mayfair location team, getting exposure in varied asset management initiatives, both on a long and short-term basis. This will provide me with different work experience, which will be helpful not only for the APC exam but also to fully understand how challenging it is to drive assets' performance over the long term.
A good knowledge of asset management will also be beneficial when I will go back to an investment role in September 2014. A big part of investments' underwriting is about predicting how assets will perform on a medium and long-term basis and also how local markets will evolve.
Simone Pozzato, Manager, Transactions - Paris
+ 44 (0)20 7312 6403