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Blackstone’s $315B Real Estate Machine Pivots Hard to Data Centers as Traditional Portfolio Treads Water

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The world's largest alternative asset manager is betting its real estate franchise on AI infrastructure while waiting for logistics and multifamily to rebound Blackstone Inc.'s commercial real estate business is undergoing one of the most pronounced strategic pivots in its history, as the firm increasingly ties the fortunes of its $315.3 billion real estate portfolio […]

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