BNP Paribas Real Estate’s head of West End Investment, Steven Skinner, is leaving the company to join HB Reavis as transactional director.
Skinner has been head of BNP Paribas Real Estate’s West End office since 2015. He joined the firm in 2012 from Savills, originally to cover the City market.
He has advised on high-profile deals such as the purchase of 7-8 St James’s Square, SW1, on behalf of Shun Tak Group, for £245m, and the off-market disposal of Bond Street House, W1, for £112m.
At HB Reavis, Skinner will be responsible for developing the UK business and leading teams through acquisitions, leasing, financing and marketing.
HB Reavis recently bought Elizabeth House, SE1, for more than £250m, advised by BNP Paribas.
The company is aiming to have one third of its portfolio in London by the end of 2018.
In December the company announced it was preparing to launch a series of investment funds, including a fully seeded, core-plus, closed-end €240m Luxembourg-regulated fund that London assets could be transferred into once completed.
John Slade, UK chief executive of BNP Paribas Real Estate, said: “This appointment is a testament to the great service that BNP Paribas Real Estate continues to provide to HB Reavis, which is a valued client in the UK and across Europe, and we would like to thank Steven for his contribution over the last five years.
“We look forward to a continued fruitful relationship with Steven in his new role.”
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