Reported 4 months ago
The commercial real estate (CRE) industry is facing challenges and potential losses, as discussed by Blackstone Global Co-Head of Real Estate Nadeem Meghji. However, he remains optimistic due to decreasing debt capital costs and increased transaction activity. Meghji highlights data centers as a key investment area, noting their rapid growth and potential. Blackstone has deployed $20 billion in equity capital globally, focusing on sectors experiencing growth due to technology and demographics, such as data centers, warehouses for e-commerce, and rental housing. Meghji emphasizes the long-term view and ample liquidity for seizing opportunities in the current market climate.
Source: YAHOO