Blackstone remains optimistic on data centers despite decline in real estate opportunistic fund value
BX Blackstone Inc
$118.75 +8.38%
View chart & analysis → - 1Blackstone recorded a 3.2% decline in the value of Blackstone opportunistic vehicles over the past 3 months.
- 2Data centers and logistics sectors account for 54% of the real estate portfolio.
- 3President John Gray said artificial intelligence infrastructure is the highest-yielding sector.
So what's the key point?
Blackstone's investment asset value fell by about 3.2%. However, data centers and logistics sectors make up a large portion, so the company expects profits through artificial intelligence facilities.
Source Bisnow · View original ↗
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