Link REIT appoints former BlackRock Asia Pacific real estate head John Saunders group CIO
Saunders, that is going to take over the role from March 4 following year, is going to be responsible for Link’s overall investment approaches, profile monitoring and the calculated project of Link’s financial investment service. He is going to report to George Hongchoy, Link’s CEO.
He has over 30 years of experience in the property market with a solid financial investment track record, most lately at BlackRock where he also worked as international head of the property customer business.
“We are delighted to embrace John, who brings with him a wealth of experience and sector capability, to the Link family group. The appointment will boost the range and ability of our management group and will enhance our capability as we look for brand-new progress approaches and lasting returns for unitholders under the Link 3.0 strategy,” claims Hongchoy.
Long before that, he worked at Hongkong Land from 1994 to 1998 wherein he was associated with the property and leasing of several landmark ventures in Singapore and other Asian nations.
Hong-Kong listed Link REIT has already revealed the appointment of BlackRock’s previous Asia Pacific realty chief John Saunders as group chief investment officer (CIO) in the newly created role.
Units in Link REIT finalized the same at HK$ 42.55 ($7.25) on the HKEX on Dec 20.
He signed up with BlackRock through its merger with MGPA in 2013 as soon as he was the firm’s chief executive officer of Asia and the portfolio executive of their Asian Property Funds set. Prior to signing up with MGPA, he worked with CLSA between 1999 and 2007, operating their regional property research effort and was useful in commencing their Asian Property Fund wherein he served as a financial investment committee member.