Source: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A6956031217297215488
Blackstone Puts Finishing Touches on #Record #RealEstate #Vehicle: Latest iteration of main real-estate fund is expected to total $30.3 billion when it is finalized: Blackstone Inc. is in the final stages of raising a new #realestate #fund that would set a #record as the #biggest #vehicle of its kind, defying #market #volatility and a crowded landscape for #fundraising. Together with funds dedicated to real estate in Asia and Europe, Blackstone will have a war chest of more than $50 billion to do so-called #opportunistic #investments which could allow the firm to take advantage of a #downturn in the #public #markets.