Blackstone’s Real Estate Co-Heads On Their Next Big Investment Bet, The Market Recovery And Career Lessons Learned Blackstone upended the real estate world once. It spotted the opportunity in logistics early, at the bottom of the market, buying hundreds of billions of dollars of industrial assets and reaping huge profits. Now the company is looking to repeat the trick by capitalising on the digital revolution. “The scale of the data centre opportunity is immense,” Global co-Head of Blackstone Real Estate Nadeem Meghji told Bisnow in an interview. “It's the single most exciting strategy we have globally today.” Earlier this year, Meghji stepped up from his role as head of North American real estate at Blackstone to lead the world’s largest real estate manager — $337B of assets under management and counting — alongside co-Head Kathleen McCarthy, as the sector emerges from a trough created by sharply rising interest rates. 
With $65B of capital to spend on real estate, McCarthy and Meghji sat down to talk with Bisnow in their first joint interview, a deep dive into the bellwether firm's strategy and processes.On the agenda: Why the firm thinks 2024 will be a great year to invest, the huge push… Read the full story here. | 
