28.01.2009 - AREIT appoints Purdon CIO
From Privateequityrealestate.net: AREIT, which manages the $200 million Arabian Real Estate Investment Trust (AREIT) fund, said in a statement it had hired the former Landmark Real Estate Investment Management chief executive officer to oversee the firm’s investments and help launch new platforms in the next 12 months. The firm said it expected to launch a second REIT to follow on from AREIT, which was launched in 2006, as well as a “regional opportunity fund and a Shariah-compliant Saudi real estate fund”..... Full Article: Source