Industrials REIT promotes Julian Carey to CEO

Paul Arenson to step down

Cristian Angeloni
clock • 2 min read

Industrials REIT has promoted Julian Carey to the role of CEO, succeeding Paul Arenson.

Carey has been managing director since 2017, when the trust acquired fund manager C2 Capital, which he founded in 2009. Blackstone acquisition of Industrials REIT completes Arenson founded Industrials REIT in 1995 and led the listing of the property portfolio - known as Stenprop - on the Johannesburg Stock Exchange in 2015 and on the London Stock Exchange in 2018. He will remain as a senior strategic adviser to the business. Commenting on the move, Arenson said: "Having founded the company back in 1995, and after almost 30 years with the business before its recent sale to Blacks...

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