Property News · May 22, 2017

Blackstone sees end of property's ‘great run’ as returns fade


Blackstone Group, the world’s biggest private equity fund, has told investors to scale back their expectations for property returns as the “great run” of the past five years becomes harder to replicate.
Investors should “calibrate” their expectations, Chris Heady, Asia-Pacific chairman and head of Asian real estate, told a conference in Singapore. “They are probably going to be lower over the next five years.”
At the same event, Singapore’s…

Source : South China Morning Post
Read more…Blackstone sees end of property’s ‘great run’ as returns fade

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