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

Units in Link REIT closed up unchanged at HK$ 42.55 ($7.25) on the HKEX on Dec 20.

Saunders, that is going to take over the position from March 4 next year, is going to be responsible for Link’s overall investment strategies, portfolio management and the tactical development of Link’s investment business. He is going to inform to George Hongchoy, Link’s chief executive officer.

Hong-Kong detailed Link REIT has introduced the appointment of BlackRock’s past Asia Pacific realty chief John Saunders as team chief investment officer (CIO) in the newly formed function.

He has more than 30 years of experience in the real estate sector with a solid financial investment record, most recently at BlackRock where he additionally worked as worldwide head of the realty consumer organization.

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“We are happy to invite John, who takes with him a wealth of expertise and industry experience, to the Link family group. The appointment will certainly boost the extent and capability of our administration team and will strengthen our capacity as we search for new progress channels and lasting returns for unitholders following the Link 3.0 approach,” states Hongchoy.

Prior to that, he worked at Hongkong Land from 1994 to 1998 where he was engaged with the property and leasing of several site projects in Singapore and other Asian nations.

He joined BlackRock with its merger with MGPA in 2013 when he was the company’s chief executive officer of Asia and the account manager of their Asian Property Funds series. Prior to joining MGPA, he worked with CLSA between 1999 and 2007, running their local property research study effort and was important in starting their Asian Real property Fund wherein he served as an investment committee associate.

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