2026 Real Estate Intern

We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.

The team you’ll join

StepStone Real Estate (SRE) boasts extensive knowledge and experience with $163B in AUA and $19B in AUM as of 2024. SRE leverages the strengths of our investment and advisory teams, drawing on our deep market research and investment analysis to create compelling opportunities and tailored portfolios of fund investments, secondaries, and co-investments for institutional investors worldwide.

The Investment Team invests discretionary capital through our flagship GP-led secondaries fund, SREP, and several separately managed accounts (SMAs). The advisory team offers a full suite of capabilities to serve institutional investors seeking access to the private real estate markets on scale through committing to funds.   

About the role

As a Real Estate Intern, you will join StepStone’s Real Estate Team in Beijing and gain exposure to the dynamic world of private real estate investing. This internship is designed to provide a comprehensive learning experience, offering insight into market trends, investment strategies, and client advisory processes across the Asia Pacific region. You’ll work alongside experienced professionals in a collaborative environment that emphasizes mentorship and professional development.

What you’ll do

As a Real Estate Intern, you will contribute to projects that impact our investment and advisory processes. You’ll collaborate with team members, participate in due diligence, and develop insights that shape real estate strategies across global markets.

Key responsibilities

• Assist in underwriting and assessing prospective fund managers for advisory mandates
• Support evaluation of potential investments and asset management of the existing real estate portfolio
• Perform market research using public sources and proprietary databases to identify and analyze macroeconomic trends
• Prepare for and participate in meetings with fund managers and contribute to active investment and advisory due diligence
• Create and present materials for internal discussions, including Investment Committee meetings
• Communicate positions clearly in both written and verbal formats within a collaborative team environment

What we’re looking for

• Must be able to work legally in China without requiring visa sponsorship now or in the future
• Currently enrolled undergraduate (Junior or Senior) or Master’s student in Finance, Economics, Accounting, or a related field
• Available to start in September 2026 and commit to a full-time internship for a minimum of three months (ideally 3–6 months)
• Must maintain active student status throughout the internship period
• Ability to work in-person at StepStone’s Beijing office
• Strong written and verbal communication skills in English
• Strong proficiency in Microsoft Excel, PowerPoint, and Word
• Demonstrated record of strong academic performance
• Team-oriented, highly motivated, and detail-oriented with a strong work ethic
• Demonstrated interest in the investment industry; Real Estate exposure or interest is a plus

Why join us?

At StepStone, we foster a supportive and inclusive team culture where collaboration and learning are the core of what we do. Our collegial atmosphere encourages teamwork, mentorship, and professional development. This internship is a great opportunity to gain practical experience and develop critical skills that will help you launch a successful career in private equity real estate. 

#LI-Hybrid