CBRE has appointed Andrew Saunderson, as an Executive Director and Head of UK Residential Capital Markets.

Andrew will join CBRE from Grainger plc where he is currently Investment Director, a member of the Grainger plc Executive Committee and the Group’s representative on the BPF Residential Committee. Prior to joining Grainger plc in 2001, Andrew qualified as a Chartered Surveyor at Allsop LLP.

On joining CBRE, Andrew will take on the management responsibility for the Residential Capital Markets team from Peter Burns who will assume a new role as transactional lead dedicated to securing key transactional opportunities for clients across CBRE’s wider Residential business including residential capital markets, land, lettings and new homes.

Luke Mills, Managing Director, UK Residential commented: "Our Residential Capital Markets capabilities have grown strongly over the last few years and we see significant further growth potential in what is one of the most exciting sectors of UK real estate. Andrew is one of the leading figures in this sector and working closely with Peter and the rest of our team, he will help spear-head the growth of our Residential Capital Markets business, and ensure we continue to deliver exceptional outcomes for our clients."

Andrew Saunderson commented; “After a long and hugely enjoyable time at Grainger plc I am delighted to be joining CBRE as Head of Residential Capital Markets. Despite recent events the sector has proved its resilience and I am thrilled to have the opportunity to lead a talented team who have been and will continue to be instrumental in this developing and growing sector.”

Peter Burns commented; “This is a really exciting appointment for CBRE and will take our team to a new level. With Andrew’s residential insight and sector leadership we can better leverage CBRE’s incredible capital markets business to create the market leading platform for our clients.”