People Moves: BNP Paribas Real Estate appoints Andrew Screen as Head of Residential Capital Markets
Press Release - BNP Paribas Real Estate (BNPPRE) has announced that Andrew Screen has been appointed as Head of Residential Capital Markets.
Screen joins BNPPRE from Cortland where he headed up investment in Europe for almost four years. Prior to this, he has held senior roles at ReSI Capital Management, CBRE and GVA. Highly regarded for his deal-making successes, as well as an expert, Build to Rent commentator, regular speaker, chair and moderator at conferences across Europe, he will lead the team alongside Simon Williams, Head of National Markets, providing market-leading intelligence to clients seeking to capture the activity and growth within the sector as it will become increasingly attractive to developers and investors.
Simon Williams, Head of National Markets at BNP Paribas Real Estate commented:
"Andrew is an exceptional hire for the business, and one which places an established market leader at the helm of our Residential Capital Markets client activity. Increasingly, the BTR sector requires experienced advisory input as competition for sites and shifting trends make it easy to make mistakes. "Recruiting and growing talent remains a top priority for us at BNPPRE. Andrew's role will also supplement Strutt & Parkers' expertise in residential agency; best positioning our commercial team for further success."
Andrew Screen, Head of Residential Capital Markets at BNP Paribas Real Estate commented:
"I am delighted to join BNPPRE as Head of Residential Capital Markets. The Build to Rent sector has experience rapid growth over the past few years which presents an excellent opportunity to expand on BNPPRE existing BTR valuation and advisory services. I am looking forward to advising Developers and Investors in negotiating and securing funding and investment opportunities as this sector expands beyond single asset to stabilised portfolio transactions."
BNPPRE's Residential Capital Markets team is currently advising on the forward funding of over £800M (Gross Development Value) of BTR projects making the team one of the most active in the market. Recent projects include acting for Marrico Asset Management and Helios Real Estate on the forward funding deal from UK Commercial Property REIT on the £62.7m 305-bed Hyatt hotel, Leeds.
His new role follows the recent appointments of Katrina Love, Leasing Director and Andrea Wlliams-Wedberg, Sales Director (West End Agency); Fergus Keane, Head of Central London Investment; Harry Douglass, Director (Hotels); Donna Rourke, ESG Director and growth hires in key regional offices.