Link REIT appoints former BlackRock Asia Pacific real estate head John Saunders group CIO
Units in Link REIT closed the same at HK$ 42.55 ($7.25) on the HKEX on Dec 20.
He signed up with BlackRock via its merging with MGPA in 2013 the minute he was the company’s CEO of Asia and the profile manager of their Asian Property Funds collection. Prior to joining MGPA, he helped CLSA in between 1999 and 2007, managing their local estate research study attempt and was useful in beginning their Asian Property Fund in which he served as an investment committee affiliate.
Saunders, who will take over the position from March 4 next year, is going to be accountable for Link’s overall investment techniques, portfolio management and the tactical development of Link’s financial investment business. He is going to report to George Hongchoy, Link’s president.
Hong-Kong detailed Link REIT has introduced the appointment of BlackRock’s former Asia Pacific real estate chief John Saunders as team chief investment officer (CIO) in the freshly created duty.
Long before that, he operated at Hongkong Land from 1994 to 1998 wherein he was involved with the property and leasing of several site ventures in Singapore and other Asian states.
“We are happy to invite John, who takes with him a wealth of skill and industry proficiency, to the Link family group. The appointment will certainly improve the scope and ability of our managing group and will certainly strengthen our capacity as we search for brand-new development avenues and sustainable returns for unitholders following the Link 3.0 method,” says Hongchoy.
He has over 30 years of expertise in the real property market with a solid financial investment performance history, most lately at BlackRock where he additionally served as global head of the property consumer service.
