Link REIT appoints former BlackRock Asia Pacific real estate head John Saunders group CIO
“We are delighted to invite John, who carries with him a riches of expertise and industry know-how, to the Link family group. The appointment will certainly boost the scope and capability of our management group and will strengthen our ability as we search for brand-new progress approaches and lasting returns for unitholders beneath the Link 3.0 strategy,” claims Hongchoy.
He joined BlackRock with its merger with MGPA in 2013 as soon as he was the company’s chief executive officer of Asia and the portfolio manager of their Asian Property Funds collection. Prior to joining MGPA, he worked for CLSA between 1999 and 2007, running their regional property research study attempt and was useful in starting their Asian Property Fund in which he acted as a financial investment committee associate.
Hong-Kong noted Link REIT has recently introduced the appointment of BlackRock’s past Asia Pacific property executive John Saunders as group chief investment officer (CIO) in the recently created duty.
Units in Link REIT closed the same at HK$ 42.55 ($7.25) on the HKEX on Dec 20.
Prior to that, he operated at Hongkong Land from 1994 to 1998 where he was involved with the innovation and leasing of a number of landmark assignments in Singapore and many other Asian states.
He has more than 30 years of expertise in the property sector with a solid investment record, most recently at BlackRock where he also functioned as international head of the real estate client company.
Saunders, that will assume the position from March 4 next year, is going to be responsible for Link’s general financial investment techniques, profile administration and the strategic growth of Link’s investment business. He is going to inform to George Hongchoy, Link’s chief executive officer.