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Blackstone’s CEO: Rationale Behind Targeting European Real Estate Explained

Blackstone’s CEO, Steve Schwarzman, is keen on exploring real estate opportunities in Europe as central banks ease their rate hikes and revive deal volumes.

Blackstone's CEO, Stephen Schwarzman, speaks during the Bloomberg Global Business Forum in New York City. Photo: Getty Images
Blackstone’s CEO, Stephen Schwarzman, speaks during the Bloomberg Global Business Forum in New York City. Photo: Getty Images

He mentioned that Blackstone has shown interest in data centers, warehouses, and student housing across Europe in an interview during the UK’s Global Investment Summit in London.

According to Schwarzman, while the deal business has been somewhat lackluster for the past year, there are signs of improvement.

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