A good portion of private equity giant Blackstone Group’s real estate holdings across the U.S. – including hotels, homes and offices — may either be acquired by or turned into real estate investment trusts through initial public offerings in the coming years, Reuters reported. Jonathan Gray, head of Blackstone’s global real estate division, said that with the debt market improving, the firm will sell off much of its funds this year and next. Office buildings could [more]![]()
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