Chris Fossick steps down from role as JLL Southeast Asia CEO
Native Land states Fossick’s appointment will certainly enhance its position as a property development and investment partner of option for worldwide financiers in the UK’s prime mixed-use, industrial and housing realty markets.
Fossick says he will be assisting Native Land in Asia and guiding the firm to improve its relationships and brand name in the location. “There has been and continues to be strong interest from Asia-based capitalists in the London and UK commercial, non commercial and hospitality property markets and Native Land is in a very good setting to offer capitalists the chance to associate with a very trusted and leading property developer of exceptional places in among the most attractive and vibrant real estate markets on the planet,” he notices.
Fossick signed up with JLL in 2006 and oversaw the growth of JLL’s Southeast Asia organization. He has actually assisted buyers acquire and offer more than $30 billion cost of business property in Singapore, Japan, Southeast Asia and Europe. He has actually even suggested clients and occupiers on over 80 million sq ft of business leasing proceedings in the workplace, retail, commercial and logistics markets.
Co-investors in Native Land property developments involve Singapore’s Temasek and Hotel Properties Limited (HPL), together with Malaysia’s Amcorp Properties Berhad.
In Singapore, Fossick represented clients on more than 30 major developments including Millenia and Centennial Tower, Marina Bay Financial Centre, Asia Square and Guoco Tower. He in addition assisted get the $4 billion sale of Asia Square and the $1.5 billion sale of Duo.
” As one of the Asia market’s top advisors, Chris will likely deliver a substantial international real estate point of view to Native Land’s board,” claims Alasdair Nicholls, Chief Executive Officer of Native Land. “His knowledge and expertise will provide an important link between the Asia and UK markets, each time when our business with significant Asian associates and brands remains to grow.”
Chris Fossick has indeed given over his duty as chief executive officer of JLL Southeast Asia after more than 17 years with the firm. In a Feb 5 news release by UK property project and investment company Native Land, the firm declared that Fossick just recently dropped out from his duty at JLL and has been chosen to Native Land’s board as a non-executive executive.
Native Land has a portfolio of mixed-use, office and residential developments throughout London and the bigger UK.These consist of Bankside Yards, the GBP2.5 billion ($4.2 billion) prime waterfront mixed-use estate in between the Tate Modern art gallery and the Southbank Centre, Europe’s largest centre for the arts, and the lately accepted redevelopment around South Kensington terminal.
