Chris Fossick steps down from role as JLL Southeast Asia CEO
Native Land has a profile of mixed-use, work area and household developments all over London and the bigger UK.These consist of Bankside Yards, the GBP2.5 billion ($4.2 billion) prime waterfront mixed-use estate between the Tate Modern art gallery and the Southbank Centre, Europe’s largest centre for the arts, and the recently authorized redevelopment all around South Kensington terminal.
Native Land states Fossick’s appointment will definitely strengthen its spot as a development and financial investment affiliate of selection for overseas investors in the UK’s prime mixed-use, commercial and housing realty markets.
Fossick teamed up with JLL in 2006 and manage the growth of JLL’s Southeast Asia business. He has helped clients obtain and offer greater than $30 billion cost of commercial property in Singapore, Japan, Southeast Asia and Europe. He has also encouraged capitalists and tenants on over 80 million sq ft of business leasing deals in the workplace, retail, industrial and logistics industries.
Fossick claims he will be assisting Native Land in Asia and guiding the business to build on its relationships and brand name in the region. “There has actually been and continues to be strong attention from Asia-based investors in the London and UK business, housing and accommodation property sectors and Native Land remains in an excellent placement to supply capitalists the chance to partner with an extremely trusted and leading property developer of impressive spaces in among one of the most desirable and dynamic real estate markets in the World,” he recognizes.
Chris Fossick has indeed given over his job as CEO of JLL Southeast Asia after at least 17 years with the business. In a Feb 5 announcement by UK property development and investment company Native Land, the company disclosed that Fossick lately retired from his role at JLL and has actually been hired to Native Land’s board as a non-executive executive.
” Among of the Asia market’s major experts, Chris will likely bring a significant global realty point of view to Native Land’s board,” says Alasdair Nicholls, CEO of Native Land. “His prior experience and skills will certainly supply a beneficial link between the Asia and UK industry, at a time when our organization with primary Asian partners and brands continues to grow.”
Co-investors in Native Land developments involve Singapore’s Temasek and Hotel Properties Limited (HPL), together with Malaysia’s Amcorp Properties Berhad.
In Singapore, Fossick represented clients on more than 30 major developments involving Millenia and Centennial Tower, Marina Bay Financial Centre, Asia Square and Guoco Tower. He in addition guided get the $4 billion sale of Asia Square and the $1.5 billion sale of Duo.