Chris Fossick steps down from role as JLL Southeast Asia CEO
Chris Fossick has given over his duty as chief executive officer of JLL Southeast Asia after more than 17 years with the firm. In a Feb 5 announcement by UK property development and investment firm Native Land, the firm publicized that Fossick lately stepped down from his duty at JLL and has actually been appointed to Native Land’s board as a non-executive director.
Fossick teamed up with JLL in 2006 and supervise the development of JLL’s Southeast Asia organization. He has actually assisted clienteles get and offer more than $30 billion value of commercial realty in Singapore, Japan, Southeast Asia and Europe. He has even suggested clients and tenants on over 80 million sq ft of retail leasing exchanges in the office, retail, industrial and logistics markets.
Native Land has a portfolio of mixed-use, office and residential projects all over London and the broader UK.These consist of 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 biggest centre for the arts, and the just recently authorized redevelopment all around South Kensington terminal.
In Singapore, Fossick stood for clients on greater than 30 primary projects including Millenia and Centennial Tower, Marina Bay Financial Centre, Asia Square and Guoco Tower. He in addition helped acquire the $4 billion sale of Asia Square and the $1.5 billion sale of Duo.
Fossick states he will be assisting Native Land in Asia and guiding the company to build on its relationships and brand in the region. “There has been and remains to be strong attention from Asia-based investors in the London and UK commercial, residential and hospitality property industries and Native Land remains in a good position to provide investors the opportunity to affiliate with a very trusted and leading builder of impressive spaces in among the most attractive and vibrant property markets in the World,” he recognizes.
Native Land states Fossick’s appointment will definitely reinforce its spot as a development and investment partner of option for worldwide capitalists in the UK’s top mixed-use, commercial and housing realty industry.
” Being one of the Asia market’s major consultants, Chris will likely deliver a significant global realty viewpoint to Native Land’s board,” says Alasdair Nicholls, CEO of Native Land. “His prior experience and proficiency will provide an important link between the Asia and UK markets, at a time when our business with primary Asian affiliates and brand names remains to develop.”
Co-investors in Native Land developments include Singapore’s Temasek and Hotel Properties Limited (HPL), together with Malaysia’s Amcorp Properties Berhad.