Link REIT appoints former BlackRock Asia Pacific real estate head John Saunders group CIO
Saunders, that is going to assume the place from March 4 following year, is going to be accountable for Link’s general investment methods, portfolio administration and the strategic development of Link’s financial investment service. He is going to inform to George Hongchoy, Link’s president.
Units in Link REIT finalized unchanged at HK$ 42.55 ($7.25) on the HKEX on Dec 20.
He signed up with BlackRock via its merging with MGPA in 2013 as soon as he was the company’s CEO of Asia and the portfolio manager of their Asian Property Funds set. Prior to signing up with MGPA, he worked with CLSA in between 1999 and 2007, operating their regional property research effort and was useful in beginning their Asian Real property Fund wherein he acted as an investment committee affiliate.
“We are happy to embrace John, who carries with him a riches of knowledge and sector experience, to the Link family. The appointment will certainly enhance the scope and capability of our administration team and will certainly strengthen our capability as we look for brand-new growth avenues and lasting returns for unitholders under the Link 3.0 strategy,” says Hongchoy.
He has more than thirty years of expertise in the real estate industry with a strong investment record, most lately at BlackRock where he additionally acted as global head of the property client organization.
Hong-Kong noted Link REIT has recently revealed the appointment of BlackRock’s former Asia Pacific property executive John Saunders as team chief investment officer (CIO) in the newly made duty.
Long before that, he worked at Hongkong Land from 1994 to 1998 wherein he was involved with the property and leasing of several site ventures in Singapore and some other Asian states.