Fossick oversaw the growth of JLL’s Southeast Asia business over 17 years (Picture: Chris Fossick)
Chris Fossick has left his role as CEO of JLL Southeast Asia after more than 17 years with the company. In a Feb 5 press release by UK property development and investment company Native Land, the firm announced that Fossick recently stepped down from his role at JLL and has been appointed to Native Land's board as a non-executive director.
Native Land states Fossick’s appointment will strengthen its position as a development and investment partner of choice for international investors in the UK’s prime mixed-use, commercial and residential real estate markets.
“As one of the Asia market’s leading advisors, Chris will bring a significant global real estate perspective to Native Land’s board,” says Alasdair Nicholls, CEO of Native Land. “His experience and expertise will provide a valuable bridge between the Asia and UK markets, at a time when our business with major Asian partners and brands continues to grow.”
Fossick joined JLL in 2006 and oversaw the growth of JLL’s Southeast Asia business. He has helped clients acquire and sell more than $30 billion worth of commercial real estate in Singapore, Japan, Southeast Asia and Europe. He has also advised investors and occupiers on over 80 million sq ft of commercial leasing transactions in the office, retail,industrial and logistics sectors.
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 also helped secure the $4 billion sale of Asia Square and the $1.5 billion sale of Duo.
Fossick says he will be supporting Native Land in Asia and helping the company to build on its relationships and brand in the region. “There has been and continues to be strong interest from Asia-based investors in the London and UK commercial, residential and hospitality real estate sectors and Native Land is in a great position to offer investors the opportunity to partner with a highly trusted and leading developer of outstanding spaces in one of the most attractive and dynamic real estate markets in the World,” he observes.
Native Land has a portfolio of mixed-use, workspace and residential developments across 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 recently approved redevelopment around South Kensington station.
Co-investors in Native Land developments include Singapore’s Temasek and Hotel Properties Limited (HPL), as well as Malaysia’s Amcorp Properties Berhad.