BNP Paribas Real Estate, part of the BNP Paribas Group, has appointed Aman Panesar as director within its Central London investment team.
Panesar joins after a decade at Cushman & Wakefield where he held roles within its London capital markets, valuation and advisory teams.
He has previously advised on iconic London buildings such as the Walkie Talkie and The Shard, and on recent transactions including 12 Conduit Street (W1), 94 New Bond Street (W1), and 3-8 Whitehall Place (SW1).
In his new role, he will work alongside Fergus Keane, head of central London investment markets, on office and retail transactions, as well as residential conversion opportunities as the appetite for change of use increases, in what is one of the first significant hires made to the team since Keane assumed his role.
Said Keane: 'Capital markets activity is gathering pace as new sources of funding emerges and international capital starts to move as values correct. This, alongside positive signals in terms of the base rate, 5-year SONIA, and inflation, means the amber traffic light is turning to green.
'We are strengthening our central London capital markets team at an opportune time in the cycle, offering our clients an even greater depth of strategic expertise. Having worked with Aman on a number of deals, I have no doubt he will make a strong impact on our business with our existing and new clients that he’ll be working closely with in due course.'
Added Panesar: 'Joining the team feels like a huge opportunity that could not be missed.
'I have heard first-hand how the financial fluency offering through the bank collaboration is providing benefits already, and I am very much looking forward to bringing my expertise of the West End and City markets to support the team's activity in these key submarkets.
'Particularly, across retail and offices, but also supporting our clients with their residential repurposing ambitions where required.'
