Link REIT appoints former BlackRock Asia Pacific real estate head John Saunders group CIO
“We are happy to welcome John, who brings with him a wide range of expertise and industry experience, to the Link family group. The appointment will certainly boost the extent and capacity of our administration group and will enhance our ability as we search for brand-new development avenues and lasting returns for unitholders under the Link 3.0 method,” says Hongchoy.
He has more than thirty years of knowledge in the property market with a strong investment record, most lately at BlackRock where he also served as worldwide head of the property client business.
Hong-Kong listed Link REIT has recently introduced the appointment of BlackRock’s previous Asia Pacific realty executive John Saunders as team chief investment officer (CIO) in the recently made duty.
Before that, he worked at Hongkong Land from 1994 to 1998 where he was associated with the property and leasing of a number of site plans in Singapore and many other Asian states.
Saunders, that will take over the role from March 4 next year, will be responsible for Link’s general investment approaches, portfolio monitoring and the strategic project of Link’s financial investment company. He will report to George Hongchoy, Link’s president.
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 profile executive of their Asian Property Funds series. Prior to signing up with MGPA, he worked with CLSA between 1999 and 2007, running their local real estate research initiative and was important in starting their Asian Real property Fund by which he functioned as a financial investment committee member.
Units in Link REIT closed unchanged at HK$ 42.55 ($7.25) on the HKEX on Dec 20.