Asset Allocation
Blackstone’s BREIT Sells Storage Business for $2.2B as Withdrawals Abate
Private equity firm reports that redemptions for the REIT are down 29% from their peak in January.
Tag: real estate investment trust
Asset Allocation
GIC and Equinix to Pump Extra $3.9 Billion into Data Centers
When completed, the global portfolio will be valued at more than $6.9 billion and will service the world’s top cloud service providers.
Asset Allocation
Locus Raises $50 Million in Funding Round Led by GIC
The supply chain and machine learning company is looking to cut costs in the growing warehouse and logistics sector.
Alternatives
GIC Snaps Up Logistics Assets in India, UK
The Singapore sovereign wealth fund entered two joint ventures this month to acquire and develop warehouses and distribution centers in major commercial hubs.
Warehouses and Data Centers, Market Favorites, Have Downsides
These real estate investments are pandemic investor front-runners, with high returns. But Wall Street euphoria masks weaknesses that can make the long term more chancy.
How Do You Repurpose a Mall?
Amid a grim time for retail, with stores closing in shopping malls, how can these one-time consumer meccas be transformed to have any kind of a future?