Link REIT appoints former BlackRock Asia Pacific real estate head John Saunders group CIO
Units in Link REIT closed up the same at HK$ 42.55 ($7.25) on the HKEX on Dec 20.
Saunders, that is going to take over the place from March 4 next year, is going to be in charge of Link’s total investment approaches, portfolio monitoring and the strategic growth of Link’s investment company. He is going to inform to George Hongchoy, Link’s chief executive officer.
He joined BlackRock with its merger with MGPA in 2013 as soon as he was the company’s chief executive officer of Asia and the account executive of their Asian Property Funds series. Before taking part in MGPA, he worked for CLSA between 1999 and 2007, managing their regional estate research study initiative and was instrumental in beginning their Asian Real property Fund by which he functioned as an investment board member.
Hong-Kong listed Link REIT has already announced the appointment of BlackRock’s previous Asia Pacific realty head John Saunders as group chief investment officer (CIO) in the recently formed role.
“We are happy to invite John, who brings with him a wide range of skill and market proficiency, to the Link family group. The appointment is going to improve the range and capacity of our administration group and will certainly reinforce our capability as we look for new development opportunities and lasting returns for unitholders beneath the Link 3.0 approach,” states Hongchoy.
Prior to that, he worked at Hongkong Land from 1994 to 1998 where he was associated with the innovation and leasing of numerous site projects in Singapore and many other Asian states.
He has over 30 years of expertise in the property industry with a strong investment performance history, most lately at BlackRock where he at the same time functioned as global head of the real estate customer service.