Link REIT appoints former BlackRock Asia Pacific real estate head John Saunders group CIO
Saunders, that is going to take over the place from March 4 following year, is going to be responsible for Link’s overall investment methods, portfolio administration and the tactical project of Link’s investment company. He will inform to George Hongchoy, Link’s chief executive officer.
Hong-Kong detailed Link REIT has already announced the appointment of BlackRock’s past Asia Pacific realty executive John Saunders as group chief investment officer (CIO) in the freshly created duty.
He has over 30 years of expertise in the real estate industry with a strong financial investment performance history, most recently at BlackRock where he also served as international head of the property consumer business.
Long before that, he worked at Hongkong Land from 1994 to 1998 where he was involved with the property and leasing of numerous site assignments in Singapore and other Asian countries.
He signed up with BlackRock through its merger with MGPA in 2013 when he was the company’s CEO of Asia and the account manager of their Asian Property Funds series. Before taking part in MGPA, he helped CLSA in between 1999 and 2007, running their regional property research effort and was important in starting their Asian Real estate Fund in which he worked as a financial investment board associate.
Units in Link REIT finalized the same at HK$ 42.55 ($7.25) on the HKEX on Dec 20.
“We are happy to embrace John, who carries with him a wealth of experience and sector capability, to the Link family group. The appointment will certainly boost the scope and ability of our management group and will reinforce our ability as we look for new development avenues and lasting returns for unitholders beneath the Link 3.0 approach,” states Hongchoy.
