Link REIT appoints former BlackRock Asia Pacific real estate head John Saunders group CIO
Hong-Kong listed Link REIT has already introduced the appointment of BlackRock’s previous Asia Pacific property executive John Saunders as team chief investment officer (CIO) in the recently formed function.
“We are delighted to invite John, who brings with him a riches of experience and industry experience, to the Link family. The appointment will enhance the extent and capacity of our management group and will certainly reinforce our capability as we look for new growth channels and lasting returns for unitholders following the Link 3.0 strategy,” states Hongchoy.
He has more than thirty years of knowledge in the real property sector with a solid financial investment track record, most recently at BlackRock where he at the same time acted as international head of the property consumer organization.
He joined BlackRock via its merging with MGPA in 2013 the minute he was the firm’s CEO of Asia and the profile executive of their Asian Property Funds set. Prior to joining MGPA, he worked with CLSA between 1999 and 2007, running their local estate research study effort and was important in beginning their Asian Real estate Fund by which he acted as a financial investment board member.
Before that, he worked from Hongkong Land from 1994 to 1998 in which he was involved with the property and leasing of several landmark projects in Singapore and some other Asian nations.
Units in Link REIT closed unmodified at HK$ 42.55 ($7.25) on the HKEX on Dec 20.
Saunders, that is going to assume the role from March 4 next year, will be in charge of Link’s total investment strategies, profile monitoring and the tactical project of Link’s investment company. He will inform to George Hongchoy, Link’s CEO.