Link REIT appoints former BlackRock Asia Pacific real estate head John Saunders group CIO
He signed up with BlackRock via its merger with MGPA in 2013 the minute he was the firm’s chief executive officer of Asia and the profile manager of their Asian Property Funds series. Before taking part in MGPA, he helped CLSA between 1999 and 2007, running their local property research study effort and was useful in starting their Asian Real property Fund wherein he worked as a financial investment committee member.
He has over three decades of experience in the property sector with a solid investment record, most recently at BlackRock where he also functioned as international head of the real estate consumer organization.
“We are delighted to embrace John, who brings with him a wealth of knowledge and sector know-how, to the Link family. The appointment is going to enhance the extent and capacity of our management team and will strengthen our ability as we search for new progress opportunities and lasting returns for unitholders under the Link 3.0 method,” says Hongchoy.
Hong-Kong listed Link REIT has revealed the appointment of BlackRock’s past Asia Pacific realty executive John Saunders as group chief investment officer (CIO) in the recently made role.
Before that, he worked from Hongkong Land from 1994 to 1998 wherein he was engaged with the property and leasing of several landmark ventures in Singapore and some other Asian countries.
Saunders, that will presume the position from March 4 following year, is going to be in charge of Link’s overall investment strategies, portfolio management and the tactical growth of Link’s investment organization. He will report to George Hongchoy, Link’s chief executive officer.
Units in Link REIT closed up unmodified at HK$ 42.55 ($7.25) on the HKEX on Dec 20.