(Reuters) -BLACKSTONE raised $ 8 billion in the most recent real estate debt funds, and the world’s largest alternative asset manager said the property sector has been recovering after several years of the real estate sector on Friday.
According to the company, the Fund -Black Stone Real Estate Debt Strategy will be activated in North America, Europe and Australia and will be loaned and purchased.
Investors, including Blackstone and rich individuals, scout New York’s office real estate.
In Europe, rapid demand for high -quality offices is pushing for rent in the center of London, and investors can cause optimism even if the overall office sales remain at the lowest level of many years.
Real estate investors, consultants, and bankers say that the demand for the highest quality office in New York begins more transactions.
According to company data, BLACKSTONE’s current office exposure accounts for less than 2% of real estate retention in 2007 and accounts for more than 60% in 2007.
(Report of Bengal Ruru’s Jaiveer SHEKHAWAT and New York’s Saed Azhar; Maju Samuel)
