Global Head of Real Estate

Real Estate is an established asset class within NBIM, managing both listed and unlisted investments under a unified strategy. The current investment mandate ranges from 3-7% of fund value, or :50-120 billion USD.

As Global Head of Real Estate, you will lead the department and be accountable for the combined portfolio, reporting to the Co-Chief Investment Officers – Active Strategies.

The position is London-based with travel requirements.

Duties And Responsibilities

What you will do

• Lead and inspire a global team of :45 professionals to execute the fund’s Real Estate strategy and build a high-performance culture
• Be accountable for the combined Real Estate portfolio, including listed and unlisted investments
• Present investment opportunities to NBIM’s Leader Group and its Executive Board, where needed, supported by rigorous analysis
• Drive strategic relationships with key stakeholders, including investment partners, joint venture relationships and global industry leaders
• Foster collaboration and knowledge-sharing across NBIM to advance best-practices

Qualifications (heading)

What You Need

• Advanced degree with strong academic credentials
• 15+ years of Real Estate investment experience with proven track record across market cycles
• Experience managing large-scale diverse global portfolios across property types and investment structures
• Exceptional leadership skills that attract and develop top talent at all levels
• Outstanding communication and negotiation skills, with experience in managing relations at C-suite level
• Strategic mindset combining decisive and collaborative leadership
• Commitment to long-term value creation for Norway’s future generations

Who You Are

An experienced leader who combines emotional intelligence with confident humility.

You build strong relationships, develop talent, and make decisive choices while fostering an inclusive environment.

Your strengths include integrity, curiosity, and clear communication.

What We Offer

NBIM 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.

NBIM has a performance culture that values the contribution of every individual and focuses on professional growth.

Our core values of excellence, innovation, integrity, and team spirit underpin our culture and how we operate across all our offices.

Our organisation is grounded in trust, high ethical standards, a flat hierarchy, and diversity.

We aim to increase the share of women to exceed or match the industry average across all functions.

NBIM is committed to ensuring equal opportunities for all employees.

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Are you interested?

We would love to hear from you! You can apply through the link in this ad, that will take you to the application form in our recruitment system.

Applications will be reviewed consecutively throughout the application period.

Do you have questions about the role or the team? Please contact Dominic Freud and/or Lorne Campbell, both Managing Partners in Boyden.

Please note:

Application close at 23:59 CET

Employment with Norges Bank is conditional on an approved security check in accordance with Norges Bank’s policies. This process may include criminal background and credit checks, verification of employment history, and academic record verification. Completion and approval of these checks are required before an employment offer is finalized.

Contacts

Lorne Campbell, Manager Partner in Boyden, UK, +49 69 260 130 325, [email protected]

Dominic Freud, Managing Partner in Boyden, US, +1 646 637 62 43, [email protected]

Location

3 Old Burlington Street

W1S 3AE London

Key information:

Employer: Norges Bank Investment Management

Reference number: 4906242744

Percentage of full-time: 100%

Permanent

Application deadline: 09/02/2025