CEO, Industrials REIT
Carey is the chief executive of Industrials REIT, a specialist multi-let industrial property investment and operating business. He joined the board at Industrials REIT (formerly known as Stenprop) in July 2017, when the company acquired C2 Capital, a private real estate fund management business which Carey co-founded in 2009. At the time, C2 Capital had built a portfolio of 25 multi-let industrial estates in the UK in joint venture with Morgan Stanley Real Estate Investment, which formed the basis of the transaction. Since this transaction, Industrials REIT has revolutionised and refocused itself by recycling more than £600m of assets across Europe into some 100 UK multi-let industrial properties, rebranding and relisting, and changing itself into a technology-enabled industrial operating business. The business was acquired by funds managed by Blackstone in June 2023. Carey previously worked at LaSalle Investment Management and Jones Lang LaSalle. He is a chartered surveyor and chair of the Investment Property Forum’s Tech Futures Workgroup.