Link REIT appoints former BlackRock Asia Pacific real estate head John Saunders group CIO
Saunders, that is going to assume the position from March 4 following year, is going to be accountable for Link’s general investment strategies, profile administration and the strategic development of Link’s investment service. He will inform to George Hongchoy, Link’s CEO.
He signed up with BlackRock with its merger with MGPA in 2013 when he was the company’s CEO of Asia and the profile supervisor of their Asian Property Funds collection. Before signing up with MGPA, he worked for CLSA in between 1999 and 2007, running their local estate research effort and was important in commencing their Asian Property Fund by which he worked as an investment committee member.
Prior to that, he operated at Hongkong Land from 1994 to 1998 in which he was engaged with the innovation and leasing of numerous site projects in Singapore and other Asian states.
Units in Link REIT closed the same at HK$ 42.55 ($7.25) on the HKEX on Dec 20.
He has over thirty years of expertise in the property sector with a solid financial investment record, most recently at BlackRock where he also worked as global head of the realty customer organization.
Hong-Kong listed Link REIT has recently introduced the appointment of BlackRock’s previous Asia Pacific real estate head John Saunders as group chief investment officer (CIO) in the freshly formed duty.
“We are pleased to invite John, who brings with him a wide range of experience and sector proficiency, to the Link family. The appointment is going to improve the range and capability of our managing team and will enhance our capability as we search for brand-new growth approaches and lasting returns for unitholders following the Link 3.0 strategy,” says Hongchoy.