Link REIT appoints former BlackRock Asia Pacific real estate head John Saunders group CIO
Hong-Kong detailed Link REIT has announced the appointment of BlackRock’s past Asia Pacific property head John Saunders as group chief investment officer (CIO) in the recently made duty.
He joined BlackRock with its merging with MGPA in 2013 as soon as he was the firm’s CEO of Asia and the profile supervisor of their Asian Property Funds collection. Prior to taking part in MGPA, he worked for CLSA in between 1999 and 2007, managing their local real estate research initiative and was important in beginning their Asian Real estate Fund wherein he functioned as an investment board affiliate.
He has over 30 years of knowledge in the real estate industry with a solid financial investment record, most lately at BlackRock where he additionally served as worldwide head of the real estate consumer organization.
“We are happy to embrace John, who brings with him a wide range of knowledge and industry capability, to the Link family group. The appointment will enhance the range and ability of our administration team and will certainly reinforce our capability as we search for brand-new development approaches and sustainable returns for unitholders following the Link 3.0 method,” states Hongchoy.
Saunders, that is going to assume the place from March 4 following year, is going to be responsible for Link’s total investment approaches, portfolio administration and the critical growth of Link’s financial investment company. He is going to report to George Hongchoy, Link’s CEO.
Prior to that, he operated at Hongkong Land from 1994 to 1998 where he was involved with the property and leasing of a number of landmark ventures in Singapore and other Asian nations.
Units in Link REIT closed up unchanged at HK$ 42.55 ($7.25) on the HKEX on Dec 20.
