Link REIT appoints former BlackRock Asia Pacific real estate head John Saunders group CIO

Hong-Kong listed Link REIT has already announced the appointment of BlackRock’s past Asia Pacific property head John Saunders as group chief investment officer (CIO) in the freshly made duty.

He has more than 30 years of knowledge in the real estate industry with a strong investment track record, most just recently at BlackRock where he also acted as worldwide head of the property consumer service.

Saunders, who will take over the place from March 4 following year, will be accountable for Link’s general investment approaches, portfolio administration and the tactical development of Link’s investment business. He is going to inform to George Hongchoy, Link’s CEO.

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Prior to that, he worked from Hongkong Land from 1994 to 1998 wherein he was engaged with the innovation and leasing of numerous site projects in Singapore and many other Asian states.

“We are happy to embrace John, who carries with him a riches of skill and sector proficiency, to the Link family. The appointment is going to boost the range and ability of our management group and will certainly enhance our ability as we search for new development avenues and lasting returns for unitholders under the Link 3.0 approach,” says Hongchoy.

He joined BlackRock via its merging with MGPA in 2013 as soon as he was the company’s CEO of Asia and the profile executive of their Asian Property Funds set. Prior to signing up with MGPA, he helped CLSA in between 1999 and 2007, operating their local estate research study attempt and was useful in beginning their Asian Real estate Fund in which he functioned as a financial investment committee affiliate.

Units in Link REIT finalized the same at HK$ 42.55 ($7.25) on the HKEX on Dec 20.