Reported 2 days ago
Blackstone has secured $8 billion for its latest real estate debt fund, indicating a potential recovery in the property sector after recent challenges. The fund, named Blackstone Real Estate Debt Strategies V, will operate in North America, Europe, and Australia, focusing on both lending and purchasing existing loans. As demand for high-quality office spaces in markets like New York and record rents in central London rise, there is renewed optimism among real estate investors.
Source: YAHOO