Real Estate
Thanks in part to some major real estate sales, the Blackstone Group has $32.2 billion in dry power to invest in global real estate. That allocation represents about one-third of the $94.3 billion it has to invest across all asset classes, IPE Real Estate reported. Blackstone’s total real estate assets under management are worth about $101.2 billion, according to its most recent earnings report. The company sold $21 billion in real ... [more]

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