Investment Manager – Real Estate

Norges Bank Investment Management is seeking a dedicated and results-oriented professional for the position of Investment Manager in its Real Estate group, part of the Active Strategies area.

The Real Estate group operates from London and New York, comprising approximately 45 real estate professionals working across different geographies, sectors and both public and private markets. The team manages a global portfolio of approximately $70bn NAV.

The Investment Manager will work within the North American real estate team covering office and life science investments. The individual will be responsible for managing and transacting on real estate investments across both private and public markets within these sectors, gaining meaningful exposure to asset management and a variety of investment opportunities.

The position is based in New York. Travel throughout North America and Europe will be required.

• Play leading role in investment origination, due diligence, and execution for private and public real estate opportunities, with transaction ownership from sourcing through closing.
• Present investment recommendations to senior management within the Real Estate group, preparing comprehensive investment memoranda and leading deal discussions.
• Help to lead asset management relationships of existing investments, serving as a primary point of contact for partners, managers and operators while driving value creation initiatives.
• Develop and maintain strategic partnerships with leading real estate operators, fund managers and third‑party service providers across target markets. Mentor and develop investment colleagues while contributing to the strategic direction of NBIM's real estate investment platform.

• University degree with high academic credentials; advanced degree (MBA, MSc Real Estate, CFA) preferred.
• 7-10 years of relevant real estate investment experience from leading institutional investors, real estate private equity firms, real estate investment banks or top‑tier fund managers with demonstrated deal leadership.
• Sophisticated financial modelling and analytical capabilities with expert proficiency in Excel, PowerPoint, Word and Argus Enterprise.
• Proven ability to structure complex transactions, fund investments and investments into operating companies.
• Track record of leveraging technology and AI tools to enhance investment decision‑making and operational efficiency.

You are an entrepreneurial investment professional who proactively identifies opportunities and takes initiative to drive outcomes. You take ownership of complex challenges, are comfortable navigating ambiguity and deliver thoughtful solutions with minimal oversight. You are forward‑thinking about how AI and emerging technologies can enhance investment analysis and portfolio management and actively champion their adoption. You communicate clearly and confidently in English, effectively presenting sophisticated investment theses to senior stakeholders.

You value collaboration and knowledge sharing across teams and bring a global perspective with cultural adaptability to engaging with international markets and counter parties.

Norges Bank Investment Management offers a rewarding, international fast‑paced working environment, and the opportunity to play a role in safeguarding and building financial wealth for future generations as part of one of the world’s largest funds. Norges Bank Investment Management has a performance culture that values the contribution of every individual and focuses on professional growth.

We're driven by a culture of continuous learning. We take action while constantly seeking better ways to achieve our goals. Learning is embedded in everything we do. We embrace growth opportunities and strongly encourage lifelong learning. We emphasize digital proficiency, with a particular focus on AI. Our people are expected to be comfortable adopting and leveraging AI tools. We prioritize wellbeing, supporting both ourselves and our colleagues.

And lastly, but not least we believe in creating a safe working environment, where we…