Chris Fossick steps down from role as JLL Southeast Asia CEO
Fossick claims he will definitely be assisting Native Land in Asia and helping the business to improve its connections and brand in the area. “There has actually been and continues to be solid interest from Asia-based investors in the London and UK commercial, residential and accommodation real estate fields and Native Land remains in a great position to use capitalists the possibility to affiliate with a highly trusted and leading developer of superior locations in among one of the most attractive and vibrant real estate markets on the planet,” he observes.
Native Land has a profile of mixed-use, office and residential developments all over London and the larger 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 approved redevelopment all around South Kensington stop.
Co-investors in Native Land property developments involve Singapore’s Temasek and Hotel Properties Limited (HPL), as well as Malaysia’s Amcorp Properties Berhad.
Native Land states Fossick’s appointment will certainly strengthen its spot as a project and financial investment partner of option for international financiers in the UK’s prime mixed-use, commercial and housing realty markets.
” Being one of the Asia market’s leading experts, Chris is going to bring a significant global real estate perspective to Native Land’s board,” claims Alasdair Nicholls, CEO of Native Land. “His prior experience and skills will provide a useful connection in between the Asia and UK markets, at a time when our business with major Asian partners and brands remains to grow.”
Chris Fossick has recently left his job as chief executive officer of JLL Southeast Asia after more than 17 years with the company. In a Feb 5 news release by UK real estate project and investment company Native Land, the company publicized that Fossick just recently dropped out from his duty at JLL and has actually been assigned to Native Land’s board as a non-executive supervisor.
In Singapore, Fossick stood for clients on more than 30 primary projects 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.
Fossick signed up with JLL in 2006 and oversaw the development of JLL’s Southeast Asia organization. He has actually assisted buyers obtain and market greater than $30 billion value of business property in Singapore, Japan, Southeast Asia and Europe. He has actually also encouraged capitalists and occupiers on over 80 million sq ft of retail leasing transactions in the office, retail, industrial and logistics fields.