Chris Fossick steps down from role as JLL Southeast Asia CEO
Fossick states he will definitely be assisting Native Land in Asia and guiding the business to build on its connections and brand name in the area. “There has actually been and continues to be solid attention from Asia-based capitalists in the London and UK commercial, non commercial and hospitality realty markets and Native Land remains in an excellent setting to offer investors the possibility to team up with a highly relied upon and leading builder of outstanding places in one of the most attractive and vibrant property markets worldwide,” he recognizes.
In Singapore, Fossick stood for clients on greater than 30 major projects including Millenia and Centennial Tower, Marina Bay Financial Centre, Asia Square and Guoco Tower. He in addition assisted secure the $4 billion sale of Asia Square and the $1.5 billion sale of Duo.
Native Land has a profile of mixed-use, work area and housing projects throughout London and the wider UK.These include Bankside Yards, the GBP2.5 billion ($4.2 billion) prime riverside mixed-use estate between the Tate Modern art gallery and the Southbank Centre, Europe’s largest centre for the arts, and the lately authorized redevelopment all around South Kensington stop.
Co-investors in Native Land projects include Singapore’s Temasek and Hotel Properties Limited (HPL), together with Malaysia’s Amcorp Properties Berhad.
Chris Fossick has already left his duty as chief executive officer of JLL Southeast Asia after more than 17 years with the business. In a Feb 5 press release by UK real estate development and investment company Native Land, the firm declared that Fossick recently retired from his position at JLL and has been chosen to Native Land’s board as a non-executive director.
Fossick partnered with JLL in 2006 and look after the growth of JLL’s Southeast Asia business. He has actually assisted buyers obtain and sell more than $30 billion value of business property in Singapore, Japan, Southeast Asia and Europe. He has actually also suggested capitalists and tenants on over 80 million sq ft of retail leasing exchanges in the workplace, retail, industrial and logistics industries.
Native Land states Fossick’s appointment will certainly strengthen its place as a project and investment partner of selection for worldwide investors in the UK’s prime mixed-use, business and non commercial realty industry.
” Among of the Asia market’s top experts, Chris will likely bring a considerable worldwide real estate viewpoint to Native Land’s board,” claims Alasdair Nicholls, CEO of Native Land. “His experience and expertise will give an important connection between the Asia and UK industry, each time when our organization with significant Asian partners and brand names remains to expand.”