Reported 8 months ago
Blackstone's $339 billion property arm, led by Nadeem Meghji and Kathleen McCarthy, faces challenges amidst higher interest rates and market uncertainties. The firm's main focus, the Blackstone Real Estate Income Trust, has drawn attention recently, with a shift towards new property sectors like logistics and life sciences. As they navigate the changing real estate landscape, Blackstone's approach emphasizes understanding local markets and fundamental values over macro strategies and sheer size.
Source: YAHOO