BGO has formed a strategic partnership with 1Sharpe and committed to deploy $500m on single family rentals through the venture.
With support from some of India's biggest domestic investors, the exit from Embassy REIT generated a 3x to 3.5x return for Blackstone.
New vehicle is the firm's first commingled fund for its global commercial real estate credit business.
While the largest diversified funds still rule the pack, capital is increasingly flowing to vehicles with a singular investment focus.
Gray tells PEI Group’s NEXUS conference that corporate and real estate debt are the fastest growing assets of the firm.
The firm has hired a former EQT Exeter executive to lead investor engagement, fundraising, co-investment and business development functions.
The pension plan’s head portfolio manager is seeking to allocate more capital to emerging sectors like industrial outdoor storage.
Blackstone heralds ‘reasons for optimism’ as its non-traded REIT achieves maximum payout for the first time since proration began.
Korean capital is preoccupied with refinancing issues currently, but will return to market soon, said the banking group’s managing director.
In addition to expanding into non-core strategies, the investor is planning to increase its pool of real estate funds from five to 15 by 2025.