BNP Paribas Real Estate has appointed Paul Nicholls to lead its newly created central London Development Team.
In his new leadership role, he will focus on driving BNP Paribas Real Estate’s development strategy in London and across the UK. In addition, he will also be supporting the Commercial London Markets team.
Paul Nicholls joined from CBRE where he was a Senior Director. Some of his most notable projects have included: advising the People’s Republic of China on the £255m acquisition of Royal Mint Court for a new London embassy and strategically advising Kaupthing Bank as a JV partner on Fitzroy Place, a new West End neighbourhood bringing together high quality offices, state-of-the-art homes and stylish restaurants. In addition, he supported U+I with acquisition advice on Landmark Court, SE1, where a 1.7-acre derelict site in the heart of Bankside will be redeveloped to create a cultural and social hub for people to live, work and visit.
Paul will bring with him 20 years of development experience from across London and all key real estate sectors via transaction, funding, design, feasibility, viability and consultancy advice, said the company.
“Paul’s arrival will allow us to centralise our development consultancy advice for all use classes across Central London boroughs. Heading up the newly created Central London Development Team, he will bring together the significant expertise of the London Markets, London Residential Development & Investment, Alternatives, Hotels and Greater London leasing teams to provide strategic advice across a range of London development opportunities,” said Stephen Wolfe, Head of Commercial, BNP Paribas Real Estate.
”With the Government’s new planning proposals and the challenges presented by COVID-19, access to strategic advice that will offer a holistic view for projects is more important than ever. We are excited to welcome Paul to the business and with his wide-ranging expertise in planning and development across the Greater London area, he will be an extremely complimentary addition to the team.”
Paul Nicholls added: “I am delighted to be joining BNP Paribas Real Estate to expand and strengthen the firm’s comprehensive development advisory services for investors in all use classes across London. By adding my experience to the excellent agency, planning and technical advice already offered, we will be able to provide a true full-service offering for clients right through a property’s life-cycle.”