Link REIT appoints former BlackRock Asia Pacific real estate head John Saunders group CIO
Saunders, who is going to assume the role from March 4 next year, is going to be responsible for Link’s overall financial investment approaches, profile monitoring and the calculated development of Link’s investment organization. He will report to George Hongchoy, Link’s president.
Units in Link REIT closed unchanged at HK$ 42.55 ($7.25) on the HKEX on Dec 20.
Hong-Kong listed Link REIT has already announced the appointment of BlackRock’s past Asia Pacific realty executive John Saunders as team chief investment officer (CIO) in the newly made duty.
Prior to that, he operated at Hongkong Land from 1994 to 1998 in which he was associated with the property and leasing of a number of site assignments in Singapore and many other Asian states.
“We are happy to embrace John, who brings with him a riches of expertise and industry know-how, to the Link family group. The appointment will certainly improve the scope and capability of our administration group and will enhance our capability as we look for new growth avenues and lasting returns for unitholders following the Link 3.0 method,” states Hongchoy.
He has over 30 years of expertise in the property industry with a strong financial investment track record, most just recently at BlackRock where he additionally worked as worldwide head of the real estate customer company.
He signed up with BlackRock via its merger with MGPA in 2013 when he was the firm’s chief executive officer of Asia and the account supervisor of their Asian Property Funds set. Before signing up with MGPA, he worked with CLSA in between 1999 and 2007, managing their regional property research initiative and was important in beginning their Asian Real property Fund in which he acted as an investment committee member.
