Real estate veteran Chris Fossick steps down from top JLL role, joins board of UK firm Native Land

CHRIS Fossick has stepped down as JLL’s chief executive of JLL South-east Asia and joined the UK’s Native Land as a non-executive director.

Native Land, a property development and investment company, has co-invested in properties together with Singapore’s Temasek, Hotel Properties Ltd and Malaysia’s Amcorp Properties Berhad.

Its domestic joint venture partners include Grosvenor, Derwent London, The Portman Estate and TfL, it said in a press statement on Monday (Feb 5).

Native Land has a portfolio of mixed-use, workspace and residential developments in central London and wider UK locations. These include Bankside Yards, a mixed-use estate near Tate Modern art gallery, and an approved redevelopment around South Kensington station.

“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,” said Fossick, who added that Native Land is in a great position to offer investors the opportunity to invest in the UK real estate market.

He will support the company in Asia and help build its relationships and brand in the region.

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During his 17-year stint leading the growth of JLL’s regional business, Fossick helped clients across Singapore, Japan, South-east Asia and Europe acquire and sell over S$30 billion worth of commercial real estate.

In Singapore, he represented clients on more than 30 major developments, including Millenia and Centennial Tower, Marina Bay Financial Centre, Asia Square and Guoco Tower. Notable transactions include the S$4 billion sale of Asia Square and the S$1.5 billion sale of Duo.