Link REIT appoints former BlackRock Asia Pacific real estate head John Saunders group CIO
Hong-Kong detailed Link REIT has recently introduced the appointment of BlackRock’s former Asia Pacific property chief John Saunders as team chief investment officer (CIO) in the recently made duty.
Units in Link REIT closed up unchanged at HK$ 42.55 ($7.25) on the HKEX on Dec 20.
He has more than 30 years of experience in the real estate sector with a solid financial investment track record, most just recently at BlackRock where he at the same time functioned as worldwide head of the real estate customer business.
He signed up with BlackRock with its merger 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. Before signing up with MGPA, he worked for CLSA in between 1999 and 2007, running their local property research study effort and was instrumental in commencing their Asian Property Fund wherein he acted as an investment board affiliate.
Saunders, that is going to assume the role from March 4 next year, will be accountable for Link’s general investment approaches, portfolio administration and the tactical development of Link’s financial investment organization. He is going to inform to George Hongchoy, Link’s president.
“We are delighted to embrace John, who takes with him a wealth of experience and sector know-how, to the Link family group. The appointment is going to enhance the scope and ability of our administration group and will enhance our ability as we look for brand-new development avenues and sustainable returns for unitholders under the Link 3.0 method,” claims Hongchoy.
Long before that, he operated at Hongkong Land from 1994 to 1998 wherein he was involved with the innovation and leasing of numerous site assignments in Singapore and some other Asian countries.
