Link REIT appoints former BlackRock Asia Pacific real estate head John Saunders group CIO
Units in Link REIT finalized unmodified at HK$ 42.55 ($7.25) on the HKEX on Dec 20.
Prior to that, he operated at Hongkong Land from 1994 to 1998 wherein he was involved with the innovation and leasing of several landmark ventures in Singapore and other Asian countries.
He signed up with BlackRock through its merging with MGPA in 2013 as soon as he was the firm’s chief executive officer of Asia and the profile executive of their Asian Property Funds series. Before signing up with MGPA, he helped CLSA between 1999 and 2007, running their regional property research initiative and was instrumental in commencing their Asian Business Fund in which he functioned as a financial investment committee member.
“We are pleased to welcome John, who takes with him a wealth of expertise and industry know-how, to the Link family group. The appointment will boost the extent and capability of our managing team and will enhance our capacity as we look for new growth opportunities and sustainable returns for unitholders beneath the Link 3.0 method,” claims Hongchoy.
He has more than thirty years of knowledge in the property sector with a solid investment performance history, most recently at BlackRock where he at the same time functioned as international head of the property client business.
Saunders, who is going to assume the position from March 4 following year, is going to be responsible for Link’s overall financial investment approaches, portfolio monitoring and the strategic development of Link’s financial investment service. He will inform to George Hongchoy, Link’s president.
Hong-Kong listed Link REIT has recently revealed the appointment of BlackRock’s past Asia Pacific property head John Saunders as team chief investment officer (CIO) in the freshly made duty.