Link REIT appoints former BlackRock Asia Pacific real estate head John Saunders group CIO
Prior to that, he worked from Hongkong Land from 1994 to 1998 in which he was associated with the property and leasing of numerous landmark assignments in Singapore and some other Asian states.
Units in Link REIT closed the same at HK$ 42.55 ($7.25) on the HKEX on Dec 20.
Hong-Kong detailed Link REIT has recently announced the appointment of BlackRock’s former Asia Pacific property chief John Saunders as team chief investment officer (CIO) in the newly formed function.
He joined BlackRock via its merger with MGPA in 2013 the minute he was the firm’s CEO of Asia and the profile executive of their Asian Property Funds set. Before taking part in MGPA, he helped CLSA between 1999 and 2007, running their regional property research study initiative and was instrumental in commencing their Asian Real estate Fund wherein he worked as a financial investment committee member.
“We are pleased to welcome John, who brings with him a wide range of knowledge and market capability, to the Link family group. The appointment is going to boost the extent and capability of our administration team and will certainly reinforce our capability as we search for new development opportunities and sustainable returns for unitholders under the Link 3.0 approach,” claims Hongchoy.
He has over thirty years of experience in the real estate sector with a solid financial investment record, most just recently at BlackRock where he at the same time served as international head of the property client company.
Saunders, who will take over the position from March 4 following year, will be responsible for Link’s overall financial investment approaches, profile management and the calculated growth of Link’s investment organization. He is going to inform to George Hongchoy, Link’s chief executive officer.