RE Capital expands into UK residential with new senior hire

14 July 2022, London – RE Capital is set to expand its work in the UK to include build-to-rent (BTR) and build-to-sell (BTS) residential opportunities as it appoints Yuan Sun as Head of Residential Development.

Yuan joins RE Capital, whose UK team has focused on redeveloping heritage buildings into attractive and sustainable modern offices to date, from Strawberry Star Homes where she oversaw four major mixed-use regeneration projects with a combined gross development value of over £700 million. Prior to that, Yuan served as head of development at London Legacy Development Corporation, where she was responsible for Stratford Waterfront Residential (now known as the East Bank) and Pudding Mill Lane, as well as working at Greenland UK, where she led the development of two major residential schemes, which included securing planning consent for the 67-storey Hertsmere House scheme at Canary Wharf.

Yuan has broad experience in residential and commercial property, including a stint at Tishman Speyer Properties where she worked on the development of Goldman Sachs’ European headquarters.

At RE Capital, Yuan will lead the pan-European company’s entrance to the UK BTR and BTS residential and mixed-use markets. Yuan will also support RE Capital’s Lisbon team, which has a growing portfolio of residential property in the Portuguese capital including the LX Living and AAA23 luxury living developments, as well as sit on the firm’s pan-European executive team.

Yuan Sun, head of residential development at RE Capital, said: “RE Capital is investing in and developing some excellent schemes across Europe, so to have the opportunity to join the team and spearhead its entrance into the UK residential market is a privilege.”

Simon Banks, head of UK real estate at RE Capital, said: “Yuan joins an already strong team with some brilliant names on her CV and plenty of outstanding experience in delivering quality residential and commercial developments.  This is a key hire as we expand our design-led, ESG-focused projects into the UK residential sector.”

Newman Leech, CEO at RE Capital, said: “Yuan’s impressive credentials boost our pan-European strategy of creating places that meet the wants and needs of their inhabitants. There is huge growth potential for quality residential in the UK and Yuan’s experience, paired with the wider RE Capital team’s expertise in development and asset management, ensures we are in a strong position to deliver positive outcomes for our investment partners.”