Chris Fossick steps down from role as JLL Southeast Asia CEO
Fossick says he will definitely be supporting Native Land in Asia and assisting the firm to improve its partnerships and brand name in the location. “There has been and continues to be strong attraction from Asia-based investors in the London and UK business, residential and hospitality property sectors and Native Land is in a very good position to provide financiers the opportunity to partner with a highly relied upon and leading property developer of exceptional locations in among one of the most appealing and dynamic real estate markets worldwide,” he notices.
In Singapore, Fossick stood for clients on more than 30 primary property developments involving 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.
Chris Fossick has indeed left his role 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 firm Native Land, the company declared that Fossick just recently retired from his duty at JLL and has actually been assigned to Native Land’s board as a non-executive supervisor.
” Being one of the Asia market’s major advisors, Chris will deliver a substantial global realty viewpoint to Native Land’s board,” states Alasdair Nicholls, Chief Executive Officer of Native Land. “His experience and expertise will provide a valuable link between the Asia and UK markets, at once when our business with significant Asian partners and brands remains to develop.”
Fossick partnered with JLL in 2006 and oversaw the growth of JLL’s Southeast Asia organization. He has guided buyers obtain and sell more than $30 billion cost of business property in Singapore, Japan, Southeast Asia and Europe. He has actually also suggested capitalists and occupants on over 80 million sq ft of retail leasing proceedings in the office, retail, commercial and logistics markets.
Native Land has a portfolio of mixed-use, office and residence property 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 biggest centre for the arts, and the recently accepted redevelopment all around South Kensington terminal.
Native Land states Fossick’s appointment will certainly strengthen its place as a project and investment partner of choice for overseas financiers in the UK’s top mixed-use, business and residential property industry.
Co-investors in Native Land developments feature Singapore’s Temasek and Hotel Properties Limited (HPL), and also Malaysia’s Amcorp Properties Berhad.