CDI - Group Valuation manager H/F

Within Klépierre’s Corporate Investment Department, the Group Valuation team oversees the semi-annual appraisal of Klépierre’s €20bn+ shopping center portfolio across 10+ European countries.

Reporting to the Group Head of Valuations, the Valuation Manager plays a central role throughout the valuation cycle, working closely with country Asset Management teams, external appraisers, auditors and corporate finance functions. The role combines real estate valuation expertise, financial analysis, international coordination and process ownership. It requires a high degree of autonomy and ownership.

Key responsibilities

Manage the Group valuation cycle

- Organize campaign kick-offs with external appraisers and local teams, set the timetable and monitor key milestones and deliverables;

- Supervise the preparation of appraisal data, ensuring complete, accurate and consistent information is provided to appraisers on time;

- Consolidate appraisal drafts and results at Group level, analyses key value movements, identify areas requiring further review to be discussed with external appraisers, and prepare materials for senior management and governance bodies;

- Orchestrate the appraisal review process, supporting and training Asset Management teams on valuation methodologies, tools and review practices;

- Assess and forecast the valuation impact and value potential of asset strategies, leasing initiatives, redevelopment schemes and significant business plan changes;

- Act as a key counterpart to external auditors on investment property fair values, coordinating analyses, supporting documentation and responses;

- Contribute to financial reporting and communication on valuation matters, in cooperation with Financial Services and Financial Communication.

Continuous improvement of valuation processes, data and tools

- Run the Group’s valuation control framework, consolidating Level 1 controls and performing Level 2 controls over appraisal datapacks;

- Ensure data quality, consistency and traceability, and coordinate the resolution of identified issues;

- Continuously improve valuation methodologies, processes, controls and tools to enhance consistency and efficiency across countries;

- Act as business owner for valuation tools and data solutions, translating business requirements into functional needs and leveraging automation and AI where relevant.

Manage relationships with external appraisers

- Manage relationships with Klépierre’s panel of external appraisers, ensuring consistent methodologies, working practices and quality of deliverables across countries;

- Coordinate periodic RFPs for external appraisal mandates, including the assessment of proposals and negotiation of fees and contractual terms;

- Maintain regular dialogue with appraisers on valuation methodologies, market practices and Klépierre’s appraisal requirements.

Candidate profile

Education and experience

- Master’s degree from a business school, engineering school or university, preferably specializing in real estate, finance or corporate finance;

- 4 to 6 years of relevant professional experience, ideally in real estate asset management and/or valuation. Experience in commercial real estate, particularly retail or shopping centres, is a strong advantage;

- Strong understanding of real estate valuation principles, methods and value drivers, including discounted cash flow, income capitalization and yield-based approaches;

- Ability to understand the valuation implications of asset strategies, leasing, capital expenditure and operational performance;

- Experience in an international, multi-stakeholder environment is an advantage; professional qualifications such as RICS, REV or equivalent are a plus.

Skills and competencies

- Strong analytical and financial skills, with the ability to identify and understand key drivers of real estate value;

- Excellent command of Excel and strong proficiency in PowerPoint and other Microsoft Office tools;

- Good command of AI tools, with the ability to identify relevant business applications and critically assess their outputs;

- Strong ownership and accountability, with the autonomy to drive topics through to resolution;

- Rigorous and structured, with strong attention to data quality and detail while maintaining a broader business perspective;

- Strong interpersonal and stakeholder-management skills, with the ability to coordinate and influence teams across functions, countries and levels of seniority;

- Ability to explain valuation concepts clearly and support others in developing their valuation expertise.

- Languages: fluency in English is mandatory; French, Spanish, German or Italian is a significant advantage; any additional European language is a plus.

Why join us?

- To be part of a listed company with an international footprint. Klépierre enjoys a leading position at European level, which gives it a key role in the retail sector, an in-depth understanding of consumption patterns and a responsibility towards the territories in which it operates;

- To benefit from proximity to senior management and country management, and exposure to all the Group's functions (leasing, finance, HR, sustainability, marketing, etc.);

- To join an effective team and be a driving force in proposing solutions to current challenges;

- To join a responsible and committed organisation. Klépierre's CSR policy, Act4Good®, structured around 4 pillars (Achieving net-zero, Servicing communities, Growing people and Promoting sustainable lifestyle), sets out very concrete commitments for 2024 and ambitions for 2030 that are recognised across the sector and by the market.