Dar appoints Howard Hughes co-founder as chair

Luxury developer Dar Global has appointed the co-founder of the Howard Hughes Corporation as its chairman. David Weinreb joins the business today. Dar said the seasoned entrepreneur and leader in real estate brought an extensive background spanning four decades of experience and innovation to the business. As co-founder and chief executive of the Howard Hughes Corporation, Weinreb led a multi-billion-dollar real estate business, growing its market cap from $500m to $6bn at the time of his departure in 2019. Since 2020, Weinreb has been chairman of Weinreb Ventures, a real estate-focused investment and advisory firm. As chairman of Dar Global, he will be tasked with guiding the company’s strategic vision, expanding its portfolio and reach. Weinreb said: “My vision is to leverage Dar Global’s foundation and take it to new heights, expanding its presence while seeking to ensure that developments not only meet but exceed the expectations of both local and international investors. “Together, we will focus on delivering exceptional value to our stakeholders by introducing globally influenced design standards and offerings that cater to both first and second home markets, while setting new benchmarks for innovation and excellence in real estate development.”