Industrials REIT, the UK multi-let industrial (MLI) property company, has promoted Julian Carey, current managing director, to the role of CEO. The promotion follows the decision by Paul Arenson, Industrials REIT’s current CEO and founder of the business, to step away from the day-to-day running of the company to focus on his other business interests, while remaining as a senior strategic adviser to the firm.
Arenson founded the company in 1995 and led the listing of its property portfolio, then known as Stenprop, on the Johannesburg Stock Exchange in 2015 which was followed by a listing on the London Stock Exchange in 2018. Carey joined Industrials REIT in July 2017 when C2 Capital, the specialist MLI fund manager he founded in 2009, was acquired by the company.
Source: property.info on the 17th of July 2023