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Lootah Real Estate Development names new CEO
DUBAI, 5 days ago Lootah Real Estate Development has appointed Raja Alameddine as the company’s new CEO. An industry veteran with more than two decades of experience in various asset classes, Alameddine will chart a new course for the growth and overall success of the organisation. In his new role, Alameddine will be responsible for leading his team strategically, expanding Lootah’s regional footprint and driving a new vision within the organisation. He brings with him extensive experience in various asset classes, including master-planned cities, mixed-use communities and innovative lifestyle developments. Welcoming him into the fold, Group CEO Arash Dara said: Alameddine has a proven track record in leading and managing large real estate investment, development, financial and legal operations and offers a unique advantage in chartering this new course for our organization.