BNP Paribas appoints Head of Residential Capital Markets

BNP Paribas announces it has appointed an industry leader as Head of Residential Capital Markets - to provide market-leading intelligence in the sector.

Andrew Screen, Head of Residential Capital Markets, BNP Paribas Real Estate | BTR News
Andrew Screen, Head of Residential Capital Markets, BNP Paribas Real Estate.

BNP Paribas Real Estate (BNPPRE) announces the appointment of an industry leader as its Head of Residential Capital Markets. The appointed – Andrew Screen – joins the company from Cortland, where he headed up investment in Europe for almost four years.

Prior to Cortland, Andrew 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. Andrew will provide market-leading intelligence to clients seeking to capture the activity and growth within the Build to Rent sector.

“I am delighted to join BNPPRE as Head of Residential Capital Markets. The Build to Rent sector has experienced rapid growth over the past few years which presents an excellent opportunity to expand on BNPPRE existing Build to Rent 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.”

Andrew Screen, Head of Residential Capital Markets, BNP Paribas Real Estate

Andrew has a background in merchant banking, property development, investment, and structured finance and was instrumental in rolling out Cortland’s £4bn Build to Rent development and investment platform in the UK. He has over 20 years’ experience in residential development and investment and was a pioneer in Build to Rent, forward funding, development, joint ventures and investment. Andrew is a Fellow of the Royal Institution of Chartered Surveyors and sits on the BPF Build to Rent and UKAA Investor Lender Committees.

“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 Build to Rent 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.”

Simon Williams, Head of National Markets, BNP Paribas Real Estate

BNPPRE’s Residential Capital Markets team is currently advising on the forward funding of over £800M (GDV) of Build to Rent 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 in Leeds.

Andrew’s 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.