2027 Blackstone Real Estate Summer Analyst, Tokyo

Recruitment began on July 3, 2026

and the job listing Expires on August 2, 2026

Internship Exploring General Business & Beyond

Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long‑term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1.1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis.

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Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has US $319 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, data centers, residential, office and hospitality. Our opportunistic funds seek to acquire under managed, 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). 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).

Blackstone’s Summer Analyst Program is an 8-week in‑person experience, offering participants extensive exposure across the firm. This program provides Summer Analysts with valuable guidance through mentorship, continuous feedback, technical and soft skill training, networking opportunities with professionals across the firm, and the unique chance to fully immerse themselves in Blackstone’s culture.

Summer Analysts will be assigned to both the Real Estate Acquisitions and Asset Management teams in Japan.

Blackstone’s Real Estate Private Equity Group offers Summer Analysts the experience on a professional team whose work involves the acquisition of real estate‑related companies, portfolios of real estate assets and individual properties worldwide. Summer Analysts at Blackstone have the opportunity to participate in all aspects of real estate investing and can expect to be staffed on a number of transactions  to the relatively small size of the professional staff, Analysts are expected to assume integral roles on deal teams.

Summer Analysts are involved with the development, structuring and financing of transactions and regularly attend both internal and external meetings, negotiations, and due diligence sessions.

Summer Analysts will work on a wide range of transactions including acquisitions, divestitures, restructurings, recapitalizations, joint ventures, and leveraged buyouts.

Summer Analyst responsibilities may include:

• Real estate and public company valuation analysis
• Market research
• Performing various analyses to assist in making investment decisions
• Development of presentations
• Assisting with due diligence and execution of transactions
• Drafting of memoranda for internal and external use
• Assisting with legal negotiations and due diligence

Blackstone’s Real Estate Asset Management Group expects analysts to be engaged in all aspects of real estate asset management, including assistance with acquisitions underwriting and asset visits, post-acquisition transition, strategy and execution of value enhancement strategies, asset valuation, budgeting and on‑going underwriting, and analysis related to restructurings/recapitalizations, refinancing, and disposition strategies. In this role, the Summer Analyst will work closely with Blackstone’s acquisition teams and portfolio company senior management.

Summer Analyst responsibilities may include:

• Fin…