Link REIT appoints former BlackRock Asia Pacific real estate head John Saunders group CIO
“We are pleased to embrace John, who carries with him a wealth of knowledge and market experience, to the Link family. The appointment is going to boost the scope and capability of our administration team and will strengthen our capacity as we search for brand-new progress channels and lasting returns for unitholders beneath the Link 3.0 strategy,” claims Hongchoy.
Units in Link REIT closed unchanged at HK$ 42.55 ($7.25) on the HKEX on Dec 20.
Before that, he worked from Hongkong Land from 1994 to 1998 where he was engaged with the property and leasing of several landmark assignments in Singapore and many other Asian states.
He signed up with BlackRock via its merger with MGPA in 2013 the minute he was the firm’s CEO of Asia and the portfolio executive of their Asian Property Funds series. Before joining MGPA, he helped CLSA in between 1999 and 2007, managing their local property research study effort and was important in commencing their Asian Real property Fund in which he functioned as an investment board member.
Saunders, that is going to take over the position from March 4 next year, is going to be in charge of Link’s general financial investment strategies, portfolio monitoring and the critical project of Link’s financial investment organization. He will inform to George Hongchoy, Link’s chief executive officer.
He has over 30 years of expertise in the property sector with a strong financial investment performance history, most lately at BlackRock where he also served as international head of the property customer organization.
Hong-Kong noted Link REIT has already announced the appointment of BlackRock’s past Asia Pacific property executive John Saunders as group chief investment officer (CIO) in the newly created duty.