Julian Carey promoted to CEO of Industrials REIT

Julian Carey, current managing director, has been promoted to CEO at Industrials REIT. 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 business.

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, followed by a listing on the London Stock Exchange in 2018.

Julian Carey joined Industrials REIT in July 2017 when C2 Capital, the specialist MLI fund manager he founded in 2009, was acquired by the company. At the time of the acquisition, C2 Capital Ltd had built up a portfolio of 25 MLI properties spanning 2 million square feet.

Over the last six years, Arenson and Carey have spearheaded the company’s transition from being a diversified property inve