Link REIT appoints former BlackRock Asia Pacific real estate head John Saunders group CIO
Hong-Kong noted Link REIT has already revealed the appointment of BlackRock’s previous Asia Pacific real estate executive John Saunders as group chief investment officer (CIO) in the freshly made role.
Long before that, he worked at Hongkong Land from 1994 to 1998 in which he was involved with the property and leasing of numerous site ventures in Singapore and some other Asian states.
He joined BlackRock via its merger with MGPA in 2013 the minute he was the firm’s chief executive officer of Asia and the account supervisor of their Asian Property Funds collection. Before taking part in MGPA, he worked with CLSA in between 1999 and 2007, running their local real estate research study effort and was important in beginning their Asian Property Fund by which he served as a financial investment committee affiliate.
Units in Link REIT finalized the same at HK$ 42.55 ($7.25) on the HKEX on Dec 20.
Saunders, that will assume the place from March 4 following year, will be accountable for Link’s total financial investment strategies, profile monitoring and the critical growth of Link’s financial investment service. He will report to George Hongchoy, Link’s chief executive officer.
“We are happy to welcome John, who brings with him a wealth of knowledge and industry capability, to the Link family. The appointment will enhance the range and capability of our management team and will certainly reinforce our capability as we look for brand-new growth opportunities and lasting returns for unitholders beneath the Link 3.0 method,” claims Hongchoy.
He has over thirty years of experience in the property industry with a strong investment performance history, most recently at BlackRock where he at the same time served as international head of the real estate consumer business.