Blackstone's profit surges as dealmaking rebounds, execs signal CRE recovery
Blackstone beat estimates for fourth-quarter profit on Thursday, driven by a pickup in dealmaking, while executives at the world's largest alternative asset manager signaled that the troubled commercial real estate sector was stabilizing.
Blackstone's Q4 Profit Surges as Dealmaking Gathers Momentum, AUM Hits Record High
(Reuters) - Blackstone trounced Wall Street estimates for fourth-quarter profit on Thursday, fueled by a pickup in dealmaking, while the assets under management at the world's largest alternative investment firm reached a record $1.13 trillion.
Blackstone, New York City
Blackstone defends $80bn data centre investment
Blackstone (NYSE: BX) Q4 2024 Earnings Call Jan 30, 2025, 9:00 a.m. ET Good day, and welcome to the Blackstone fourth-quarter ...
The firm is sticking with the strategy, which includes backing data centers, after it drove near-record earnings.
Blackstone (BX), the private equity giant, delivered stronger-than-expected Q4 earnings on Thursday, as assets under ...
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 Inc., the world’s largest commercial property owner, said the worst is over for the global office market after a ...
2hon MSN
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 ...
Shares of Blackstone Inc. BX slipped 4.10% to $177.78 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.53% to 6,071.17 ...
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