BNP Paribas Real Estate strengthens healthcare team

Colin Rees-Smith and Samantha Rowland

BNP Paribas Real Estate (BNPPRE) has strengthened its healthcare team with the appointments of Samantha Rowland and Colin Rees-Smith.

Rowland, who has been appointed head of healthcare, is joined by Rees-Smith, who has been recruited as a senior director. Both will start their roles in January and join from Savills where they collectively spent 36 years working together. Their appointments form part of BNPPRE’s growth strategy across its commercial markets business.


Rowland has more than 20 years’ experience in the healthcare, care and senior living sectors.

An advisor to both private and institutional clients, she has worked with L&G, Abrdn, Aviva, Inspired Villages, Audley, Auriens, Investec, PegasusLife, Citi, Assura, BlackRock and Octopus Healthcare. Her experience covers advisory and transactional work together with valuation of healthcare property assets, including annual portfolio valuations.

Rees-Smith has worked with institutional and private investors, charities, housing associations, councils and NHS trusts. He has covered sub-sectors that include care and nursing homes, specialist care, independent hospitals, secure units and retirement and senior living facilities.

‘The healthcare market represents the ultimate “life cycle” sector and the UK’s demographics will ensure it continues to attract significant investment from some of the leading names in the commercial real estate sector,’ said Stephen Wolfe, head of commercial at BNPPRE.

‘BNPPRE is the only UK real estate adviser to be part of a banking group. This financial fluency means that our ability to provide not just sector expertise but also financial solutions and insight is unrivalled, which is particularly relevant in an operational market such as healthcare.’

Rowland said: ‘Growing elderly populations, rising healthcare costs, increased healthcare spending and lack of supply have been long-term drivers for this sector. The pandemic has reinforced these drivers and we are undoubtedly entering a period that will see an even bigger focus on the sector.

‘Investment in healthcare attracted record levels last year, and the breadth of assets continues to diversify as new capital enters the market.’