Blackstone will create the largest real estate fund ever

Blackstone is almost finished raising capital in order to create its largest fund so far and the largest among management companies, worth around 20.000 million dollars (17.670 million euro).

Blackstone Real Estate Partners IX will use 60% of its resources to purchase real estate, namely distressed and opportunistic assets in the USA. The remaining 40% will be directed towards Europe and Asia.

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