Duncan Owen, chairman of the board, says: “Under George’s leadership over the past 16 years, Link has grown and transformed to the benefit of Unitholders, tenants, employees and the wider communities that we serve. On behalf of the board and everyone at Link, I would like to express sincere gratitude to George for his significant contributions. We look forward to continuing to work together during the transition.”
Hongchoy says: “It has been a privilege and honour to serve as group CEO of Link during a formative period of the organisation’s growth and development. We have strengthened the overall leadership of the business in recent years, and I am confident we have the right team in place for the next phase of Link’s development. I remain as committed as ever to Link as I work with our chair, board and wider leadership team to further strengthen the foundation for Link’s next chapter.”
Owen adds: “Link has a well-established leadership team with a strong track record. We remain committed to our strategy which is focused on the active management and optimisation of the Link REIT Portfolio as well as the continued development of our real estate investment management platform. In a challenging market, Link’s continued resilience shows the underlying strength of the business. We have good momentum in our efforts to grow and diversify our investment platform with the recent launch of Link Real Estate Partners, our new business line to serve capital partners”.
Hongchoy’s decision to retire comes as Link prepares to mark the 20th anniversary of the IPO of Link REIT in November, during which Link has been transformed from a single-market, single-asset class operator into one of Asia’s leading real estate investors and managers.
