Barclays (LON:BARC) adjusted its outlook on Blackstone Group (NYSE:BX) shares, reducing the price target to $186 from the previous $192, while maintaining an Equalweight rating on the stock. Currently ...
Stephen A. Schwarzman-led Blackstone also signed the largest Manhattan office lease of 2024 at Rudin’s 345 Park Ave.
It’s been three years since Blackstone’s last big move in Manhattan’s office market. In 2022, the company acquired a 49 ...
Net income for the quarter totaled $1.3 billion, or $0.92 per share, in a 1,120% increase from $109 million a year earlier.
Blackstone, a major global investor in data centers that run A.I. systems, expects use of the technology to rise as the cost of computing power falls.
The firm is sticking with the strategy, which includes backing data centers, after it drove near-record earnings.
Goldman Sachs Group Inc. has partnered with Dallas-based real estate firm Dalfen Industrial LLC to purchase nearly $300 ...
Private equity and venture capital investments will likely remain the most popular alternative assets among advisors, ...
Lower costs could yet lead to a wider adoption of AI, boosting demand for data centers, Blackstone’s president said.
The chief operating officer of the investment giant said high-quality assets in strong markets were being priced at ...
Blackstone beat earnings expectations in Q4 2024, showcasing strong growth in key financial metrics.
Lender Blackstone has sued members of the prominent real estate clan over allegedly defaulting on a $65 million loan tied to ...